Through Forex, you will be able to invest in all types of currencies. This is a global market that operates 24 hours a day because of its broad geographic appeal, and you may be able to make trades around the clock during the week. Forex is closed on the weekends. While you may be able to trade in all types of currencies, there are some currencies that are traded most heavily. Typically, trades are made in pairs. For example, an investor may sell one type of currency with the believe that it will not perform well, and those funds may be invested into another currency that the investor believes will perform better.
The most common types of currencies that are traded in pairs are the United States dollar, the European euro, the Japanese yen, the Australian dollar, the Swiss franc, the Canadian dollar, the Mexican peso, the Chinese yuan, the New Zealand dollar, the Swedish krona, the Russian ruble and others.
