Whois & Analysis for dailyforex.com

The foreign exchange market (forex, FX, or currency market) is a global decentralized market for the trading of currencies.

This includes all aspects of buying, selling and exchanging currencies at current or determined prices.

In terms of volume of trading, it is by far the largest market in the world, followed by the Credit market.

The main participants in this market are the larger international banks.

Financial centres around the world function as anchors of trading between a wide range of multiple types of buyers and sellers around the clock, with the exception of weekends.

The foreign exchange market does not determine the relative values of different currencies, but sets the current market price of the value of one currency as demanded against another.

Profit or normal profit is a component of (implicit) costs and not a component of business profit at all.

It represents the opportunity cost, as the time that the owner spends running the firm could be spent on running a different firm.

The enterprise component of normal profit is thus the profit that a business owner considers necessary to make running the business worth his or her while, i.e., it is comparable to the next-best amount the entrepreneur could earn doing another job.

Particularly if enterprise is not included as a factor of production, it can also be viewed a return to capital for investors including the entrepreneur, equivalent to the return the capital owner could have expected (in a safe investment), plus compensation for risk.

In other words, the cost of normal profit varies both within and across industries; it is commensurate with the riskiness associated with each type of investment, per the risk-return spectrum.

Political freedom (also known as a political autonomy or political agency) is a central concept in history and political thought and one of the most important features of democratic societies.

Political freedom was described as freedom from oppression or coercion, the absence of disabling conditions for an individual and the fulfillment of enabling conditions, or the absence of life conditions of compulsion, e.g. economic compulsion, in a society.

Although political freedom is often interpreted negatively as the freedom from unreasonable external constraints on action, it can also refer to the positive exercise of rights, capacities and possibilities for action, and the exercise of social or group rights.

The concept can also include freedom from "internal" constraints on political action or speech (e.g. social conformity, consistency, or "inauthentic" behaviour).

The concept of political freedom is closely connected with the concepts of civil liberties and human rights, which in democratic societies are usually afforded legal protection from the state.