05
Jan
The foreign exchange market, commonly known as Forex or FX, is the largest and most liquid financial market in the world. It operates 24 hours a day, five days a week, and involves trading currencies to profit from their fluctuating values. Each day, trillions of dollars are exchanged, making Forex a critical component of the global financial system. Its decentralized nature means that trading occurs across various financial hubs worldwide, including London, New York, Tokyo, and Sydney. Unlike stock markets, Forex does not have a central exchange; instead, it functions through a network of banks, brokers, and traders. This accessibility…