Category: Currency Market

Currency market, also known as the foreign exchange market or forex market, is where currencies are traded. It is a decentralized global marketplace where individuals, businesses, and financial institutions exchange one currency for another. The currency market plays a vital role in facilitating international trade and investment, as well as allowing individuals and institutions to speculate on currency fluctuations. Trillions of dollars are traded daily in the currency market, making it one of the largest and most liquid financial markets in the world.