What year did forex start? Ah, let’s take a little trip down the memory lane of finance. So, the story goes way back, well before the age of the internet and all those flashy trading platforms we have today. Back in the day, it was a different ball game.
What year did forex start? The roots of forex trading can be traced back to ancient times when folks exchanged goods and services. But if we’re talking about a more structured approach, the birth of modern forex as we know it was in the early 1970s. You see, before that, there was this thing called the Bretton Woods Agreement. It was like the OG attempt to create a global monetary order. But that fell apart in the ’70s, and currencies started floating freely, paving the way for the forex market we’re familiar with today.
Now, let’s fast forward to the digital age. The late ’90s saw a massive shift with the internet becoming accessible to more and more people. And voila! Forex trading took a giant leap into the online realm.
What year did forex start? If we’re talking about the era of online forex trading, we’re looking at the late ’90s and early 2000s when technology and the internet joined forces to democratize trading. The landscape has evolved, the tools have become sophisticated, but the essence remains the same: buying and selling currencies in this vast, ever-moving financial playground.
The forex market operates 24/5 because the world is a big place with different time zones. It’s like a non-stop party where traders can buy, sell, and exchange currencies at any hour.
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