What is the Foreign Exchange Market (Forex, FX)?

The Foreign Exchange Market, also called "Forex" or "FX" is the financial market the largest in the world with a daily average turnover of well over 1,500 Billion USDollar (30 times the total volume of all U.S. equity markets) . Unlike other financial markets, the forex market has no physical location or central exchange. It is a market for OTC where buyers and sellers (banks, corporations, private investors, etc. ..) are the business. An open market 24/24, opening each day in Sydney an

Read more ...