Understanding the FOREX (Foreign Exchange) Market
Understanding the FOREX (Foreign Exchange) Market The FOREX market, also referred to as FX or foreign exchange, is the global marketplace where the trading of currencies takes place. This market is essential for international trade and investment, allowing businesses, banks, governments, and individuals to exchange one currency for another. As a highly liquid market with substantial daily volume, the FOREX market operates 24/5, enabling traders to exchange currencies around the clock. ...