The Greek Tragedy: Greece's Economic Crisis, by OANDA

Oanda does not have a fancy research site such as dailyfx.com (owned by FXCM) or FX360.com (owned by GFT) but their infographics on the Greece crisis caught my attention. Infographics have been used by marketing teams at CMS FX and Pepperstone as well, to talk about profiles of forex traders and basics of forex trading. We read and hear about the Greek situation everyday as Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term traders and Oanda’s research puts a timeline of the crisis in relation to the EURUSD. A simple and effective research piece by Oanda and I expect other brokers to follow soon with infographics to educate traders.

Created by OANDA

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