Fun facts about forex industry
1. Not many people are aware that forex trading dates back to ancient times. The first currency transaction can be traced back to the Talmudic writings. Money changers were people who used to help others change their currency, while taking a commission for their services.
2. Did you know that the GBP/USD currency pair is known as the Cable in the forex market? Amused? The reason why the pair is called the Cable is that before the advent of satellites and fibre optics, the London and New York Stock Exchanges were connected via a giant steel cable that ran under the Atlantic.
3. Another interesting fact about forex is the way the traders are categorised. Traders are categorised into bulls – or those who are optimistic and believe the market will go up – and bears – the downbeat ones, expecting the markets to fall. The names are derived from the fact that a bull strikes upwards and a bear swipes downwards.
4. Nearly 90% of forex trading is speculative trading.
5. I am sure most people think that the US is the center of forex trading, since maximum transactions involve the US dollar. That is not true. In reality, 41% of all forex transactions occur in the UK, with only 19% taking place in the US. So, the London Stock Exchange is the trading hub for forex deals.
6
No comments yet
Be the first to comment
There are many people who live their lives looking for happiness.
It's a very subjective thing.
To me - happiness is something that you do what you love and bring value to other people.
Finding your passion is something that I comprehend as trying many things.
So my questions on this topic are:
Are you still looking for that passion?
What have you tried so far?
How is/was it so far?
What are/were your biggest roadblocks/fears?
How did you overcame them?
Have you got any support from your friends/relatives?
Does your age make a difference? Too old or young to do it?
And if you found your passion:
I'm so so so happy for you! I'm unbelievably grateful that you can finally enjoy everyday of your life, doing what you love, helping yourself or others and just feeling happy.
Please please please share with us some of your story/answers here. Because I want to help my mom too.
She's suffering minor depression working in the job she hates and blaming herself that she's unable to learn/too old for new things and overall she's sad.
I love her so much and she's the kindest person I know. Seeing her like this everyday just breaks my heart...
So in order to get some ideas I would be enormously grateful if I could help someone and my mom to get some courage to start and DO.
And if you found that sparkle of yours, please share:
How did you find it?
Where did you get this idea?
Who turned you on?
Marijus KrasnickasValue Creator Through Unity. Founder of UNO Parks. Your Gold Fish.
in light of above definitions i cannot disagree :) though it is quite rare (ex lawyer and ex debater kicks in :) ).
At the end of the day the difference between expectations and status quo is what creates pressure and anxiousness.
Struggle is good. This way we learn to appreciate our achievements, what we have.
To me covid is probably one of the best things since i started my professional career. It created huge strugles. But helped to stumble on new passions (golf, drawing with my kids, writing (mostly to myself)) and nudged to identify my purpose.
I feel happy. I wanna say "consciously". Though not sure what "consciousness" really is.
Thanks
Clover (Trifolium) can fixate nitrogen in the ground. Did you know that?
4
Did you know that Platon classified democracy as one of the degenerations of good government?
Luis Tavira JiménezEstudiant
I see what you mean, a country (America, for instance) without people is nothing. I agree that if you are from somewhere you ought to be proud of it, because any nation needs their people to support it. Otherwise, it is a weak territory.
We use cookies to personalise content, provide social media features, and analyse our traffic. We value your privacy and only use the most necessary and analytical cookies. You can opt out at any time.