Introduction.
Did you know I have found currency trading is a really good way to make a little extra money when you’re a poor student? Studying in the US is really expensive, and even though there’s always some fund or other available to help you out a little, you can always use some more, and forex trading is a good way to do so. It’s not too hard to learn about forex, you should be able to manage quite quickly. However, since forex is all about trading foreign currencies, you might need to know the basic vocabulary of the market in a few other languages. Let me introduce a few Spanish and French terms – you never know when they might come in handy.
En español.
Si, si! Even in Spanish, you can quickly find help as a forex broker! The managed accounts exist, just like in English – they’re called cuentas administradas de forex, and they work the same way. If you want forex analyses on a Spanish site, just check the noticias forex and that should tell you everything you want to know – it’s always good to get different views from as many sites as possible, whatever language they might be in, before making an investment or closing a deal.
If you’d like to read a bit more about the forex market in Spanish, remember Forex trading is called Intercambio de Monedas Extranjeras or simply el Forex just like in English. El tasa de cambio is the exchange rate between a pair of currencies. Statistical indicators you’ll need to watch out for in Spanish are the Producto Interno Bruto (the GDP), the crecimiento económico (the economic growth), the inflación (inflation rates, who would have guessed that), the tasas de interés (interest rates) and of course las noticias y los reportes, meaning forex analyses and news. Muy fácil indeed…
En français.
Mais oui, French will be just as easy as Spanish, there’s no need to worry. With a little basic knowledge, you will quickly find your way around the marché financier, the French forex market, and you will be able to boursicoter, which is to say, to speculate just like a pro. Would you like to consult the infos forex, open a compte and start speculating straight away, or would you rather check on a few statistics first? Why don’t you watch out for the Produit International Brut, the croissance économique, the inflation and the taux d’intérêts … these might come in useful when trading in French. There, you’re ready! Sit back, take a bite off your baguette or your croissant, and watch your money as it works for you.
Conclusion.
After reading this, there won’t be any need to stick to English forex sites and forex trading platforms to maximize your profit any longer, when other sites in foreign languages might offer services that suit you better! Don’t be afraid of using your newly acquired foreign language knowledge in forex trading. You might get lucky with an international account in Spanish or French … quelle chance!