Forex – International Monetary Market. Foreign Exchange Market is a network of financial institutions that serve international business transactions. In this market are traded different currencies, futures and stocks. Forex does not have a designated place and does not imply a personal meeting or communication between the participants as they are in close and constant contact with each other with the help of various technical means. Transactions are carried out through computer terminals (programs) which are linked in network large banks (commercial banks), brokerage houses and customers. Commercial banks that are specialized in foreign exchange trading serve the currency market as dealers. In other words they conclude deals on behalf of its clients and for its own account.
Euro (banking code: EUR, currency sign: €, plural euro) is the currency of 16 EU countries, known as Eurozone. It is used as the official currency in the 
Currency is a unit of exchange which facilitates the exchange of goods and services. Money emerges as a tool that is necessary for enabling the circulation of relationships between people. During its development money adopts a different outlook, passing through barter, commodity money, "measured" (metal) money, gold, securities and credit money. Functions that money performs in modern times are: a means for calculating values, means to address, means of payment, a means of accumulation, means for transferring values, means for the valuation of goods and services.
Currency trading