It is most amazing the mentality of those types who attempt to punish forex traders - who they dislike as parasites or locusts.   Foreign currency is not only the lifeblood of international trade and commerce  but also the lifeblood and most valued of commodities in most third world countries.  We in the developed world of the E.U. , and the Nafta countries of Mexico , the US and Canada may take foreign currency and currencies for granted - it is a standard part of our daily lives.  We live with Mexican , Argentinian produce int he winter, we may drive European , Japanese or Korean cars.  Many of our standard and integral goods now come from China , even if marked “made in the USA”.

Yet the lifeblood of all countries is foreign currency.  No country now ( with the exception of North Korea ) is an island.  And yet even North Korea depends on its survival at the moment, like it or not , on international handouts , indeed “welfare”.  No country will sell to you the goods you want or need on unqualified paper.  You need some type of collateral , some recognized good or a good representing that substance of collateral.  That good is currency or a basket of foreign currencies.  It does not matter that the products needed may be essential for investments for further growth , development of even feeding of a population.  It is cash on the barrel so to speak.

Foreign currency and foreign currency trading are as old as mankind itself.  I have this , or you have that and I want that.  I will trade or promise you this.

Forex trading serves to constantly value those financial assets - what are they worth , what is their current and real valuations.  Is the currency of value  ? Is it desired ?  Is it liquid at the moment ?   These are all questions that Forex trading serves to answer and validate

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