We provide forex charts which help you to predict the direction a rate may change. That is to say that the analyst who is responsible for attempting to predict future currency moves analyzes what happened to an exchange rate previous days. What famous canal was built at the narrowest point between the Atlantic and Pacific oceans? A man exchanges Israeli forex israel exchange for U.
September 25, 2002 in Tel Aviv, Israel. The foreign exchange market is a global online network where traders buy and sell currencies. It has no physical location and operates 24 hours a day, seven days a week. It sets the exchange rates for currencies with floating rates. This global market has two tiers. The first is the Interbank Market. It’s where the biggest banks exchange currencies with each other.