Some facts about FOREX
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Stochastic oscillator - A technical momentum indicator that compares an instrument's closing price to its price range over a given time period.
Quotes using a country's home currency as the unit currency (e.g., $1.97656 = 1 in the UK) are known as indirect quotation or quantity quotation and are used in British newspapers and are also common in Australia, New Zealand and Canada.
Foreign exchange trading increased by 38% between April 2005 and April 2006 and has more than doubled since 2001. This is largely due to the growing importance of foreign exchange as an asset class and an increase in fund management assets, particularly of hedge funds and pension funds.