Forex

Forex trading, or foreign exchange trading, involves the buying and selling of currencies on the global market. Traders profit by predicting changes in currency pair values, such as USD/EUR, and taking advantage of price differences. The forex market is the largest and most liquid financial market globally, operating 24 hours a day across major financial hubs like London, New York, and Tokyo. Forex trading includes strategies like scalping, day trading, and swing trading, and is influenced by factors like interest rates, political events, economic data, and global news.