What counts as travel time? Will it be billed only as actual time at a client site, or portal-to-portal? "Portal-to-portal" means billing begins when the worker departs to go to a client site and ends when the worker returns.
Before we go any further with this, let's understand the concept of interbank market. Interbank market is the market where banks make transactions with one another and fix the currency price that you, forex trader, see on your trading platform. The transactions these large banks engage in are based upon credit relationship. The more credit relationships bank has, the better currency rates it can provide for its forex traders. So, basically, it is safe to say that Banks are like dealers. That is a reason why different banks have different currency rates. Remember those days when forex trading was not yet available online? Currency exchange were done solely in banks or currency exchange points and all of them would have their own "special" currency rates.
The Forex Markets are always a breeding ground for speculation. The aggressive investment style of hedge fund managers has been particularly useful in the currency exchange trading. Since the financial officers of governments have the ability to use Central Bank funds to slow down a currency's devaluation, it can prove difficult to see a trend complete its cycle. By overwhelming the market with capital, hedge fund investors have been able to overcome these effects.
With the power of innovation which is the internet, the foreign exchange markets are open to everyone. Most brokers offer online trading facilities which enable you to trade simply by clicking a button, instead of the traditional phone call. The internet has really changed the industry, making the retail section of the market more dominant than ever. The low cost of trades makes it practical for small time investors to cash in on currency swings.
Every day, the creator of course, Jason, will send his members his systematic analysis of the Forex markets. He highlights the currency pairs that deserve more attention, and explains to you why in terms of potential profitability and risk. By reading his analysis and trading techniques, I have been able to slowly develop my own trading skills and systems as my analytical skills of the Forex market improves.