Forex to Live During Recession

“Forex or FX” The foreign exchange market trades currencies. The purpose of the foreign exchange market is to enhance international trade and investment. It allows traders, banks and other institutions easily buy and sell currencies. In a Forex transaction a party purchases a quantity of one currency by paying a quantity of another currency. The Trillion Dollar Turnover Industry has a potential to look after the down going economy of United States. It’s a boon at the time of maximum Unemployment Rate of the century. Forex can save thousands of the families from being Bankrupt. It’s the only industry to make you profitable in any circumstances. Forex trading market is very distinctive in many ways. The trading can be done 24 hrs. any time of the day and any day except on the weekend and a trade can be closed in a few seconds or can be left open for even months according to the style of trading you follow. It is also unique in having extreme trading volume, liquidity and has a great potential.