外汇知识（Foreign exchange knowledge）.doc

外汇知识（Foreign exchange knowledge） The global foreign exchange market the most intensive time points both in New York and London market, this is the most popular foreign exchange trading, we must remember this time, one hour every day you do investment foreign exchange transactions, this is the best time in the evening at half past nine to 12:30, three hours to draw a hour to do, so the more efficient, more opportunity, and we found that the Beijing time half past nine in the evening to 12, when the United States many economic indicators released. Some government and central bank statements, such as Greenspans speech, have been announced, and this must attract attention. So sometimes the day fluctuates during the day, that is, three, fifty, and more than 100 in the evening. Of course, the day in the bank to stay, there is a benefit, that is, can exchange, learn a lot of knowledge, at the same time understand everyones psychological, quasi dare not say, we can at least together a little bolder, a little confidence. ------------------------------------------------------------------------------- Exchange rate is also called foreign exchange market or exchange rate. The rate at which a countrys currency is exchanged for another countrys currency is the price of another currency in one currency. Since the worlds currencies are different in name and currency value, a countrys currency requires an exchange rate for other countries currencies, that is, the exchange rate. There are two kinds of pricing methods for foreign exchange rates: (1) direct quotation (direet quotation) (refer to the payable price method); (2) indirect quotation (indireet, quotation) (reference to the receivable price method); Under the gold standard, the basis of the exchange rate decision is the gold point (golel). Under the condition of the circulation of paper money, the decision is based on purchase power (PAR) The factors that affect exchange rate changes are: (1) balance of payments. If a country