What is Forex Trading and How Does It Work
Forex trading, also known as foreign exchange (FX) trading, is the worldwide 24-hour market for exchanging one currency against another, with an average daily turnover of approximately 9.6 trillion US dollars.
Traders engage in buying and selling currency pairs such as EUR/USD and USD/JPY to speculate on fluctuations in exchange rates or to hedge currency exposure, utilizing essential concepts like pips, spreads, leverage, and margin.
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2026-07-22 05:49:26