Forex
Forex, or foreign exchange, is the global market for exchanging currencies. It is a decentralized, over-the-counter market where participants trade currencies against each other in pairs. The market operates continuously across time zones, enabling conversion for commerce, investment, hedging, and speculation.
Turnover in the forex market is among the largest of any financial market. Daily trading volume runs
Key participants include banks, hedge funds, corporations, central banks, and retail traders. Banks provide liquidity and
Trading in forex is conducted in different instruments. The spot market involves immediate delivery of currencies,
Market participants rely on economic data, interest-rate expectations, and geopolitical developments. Liquidity, bid-ask spreads, and volatility