Alexandoy
VIP Contributor
Forex is trading in foreign currency. Usually the currency that is the favorite of traders are the flexible currency which is not stable in value. This indication is present in some Asian countries and in African countries as well especially those who have issues with their political situation. Speculating on forex is risky because you do not know how the market will react on the next day. Speculators usually have inside information on the currency and the best information is that coming from the central bank of the country which currency you are targeting. However, the inside information is not always accurate.