ForexGen | Foreign Currencies

With Forex Gen Broker Japanese Yen (JPY): The yen is also known as the carry-trade currency because for years, investors have borrowed yen to fund their carry-trades. Because Japan imports all of its oil, when crude oil prices begin to climb this hurts its economy and greatly impacts the value of the yen ForexGen Enterprise Accounts.

Swiss Franc (CHF): Also known as Swissie, it is sometimes called a ‘safe heaven,’ due to Switzerland following an independent policy, economy isolation, Download ForexGen Platform and private banking system. This in turn has made their currency very neutral.

For Open Demo Account the British pound (GBP): Frequently called, Cable or Sterling, the pound first got these nicknames because it was the first currency the Forex market traded through ‘cables’ across the Atlantic.

ForexGen Services The pound is the fourth most traded currency on the market and Great Britain’s economy is one of the strongest in Europe.