Foreign ExchangeMarkets are arguably the oldest financial markets in existence. Scattered documentaryevidence from Egypt, Mesopotamia and the Greek city states indicates that coinswere exchanged at rates reflecting their metallic content very early inrecorded history. By the time Jesus drove the money changers from the templeprecincts, foreign exchange dealing had already become a well-established, ifnot highly respected occupation. The foreign exchange market is also the largestinternational financial market in the world…the exchange market is global inscope, and trading occurs 24 hours a day in various centers around the world.