FOREX stands for “Foreign Exchange,” which refers to the global market for buying and selling currencies. The FOREX market is the largest financial market in the world, with trillions of dollars’ worth of currency transactions taking place every day. In the FOREX market, participants can buy one currency by selling another currency at the same time, with the aim of making a profit from changes in exchange rates. The FOREX market plays a vital role in international trade and investment, as it allows businesses and individuals to exchange currencies and mitigate risks associated with currency fluctuations.
Forex, short for foreign exchange, refers to the global market where currencies are traded against each other. It is also known as the currency market or the FX market. The forex market is the largest and most liquid financial market in the world, with a daily turnover of trillions of dollars. Forex trading involves buying and selling currencies in order to profit from changes in their exchange rates. The forex market operates 24 hours a day, five days a week, and is accessible to traders all over the world.
FOREX
463
0