Offers Forex Day trading including software and free charts. The only real
currency market is the 'deliverable' orders for individuals and businesses who need to buy and sell x
currency at any rate. If you are buying a house in New Zealand, or a farm in Ireland, you will exchange
your dollars regardless of the rate. This deliverable business drives the prices up and down unless
rates are pegged (see below) like China's Yuan is pegged to the US dollar 8.23 YUAN to 1 USD. Offers
Forex Day trading including software and free charts
stock market works
Stock market crash
Day Trading system
Play the Stock Market
If a currency is free-floating its exchange rate against other countries can vary against other such currencies. Offers Forex Day trading including software and free charts. In fact such exchange rates are likely to be changing almost constantly as quoted by financial markets and banks around the world. If the value of the currency is "pegged" its value is maintained by the government in question at a fixed rate relative to the other currency. For example, in 1983 the Hong Kong dollar was pegged to the United States dollar. Offers Forex Day trading including software and free charts.