Foreign exchange market Back to list

Member SinceJul 08, 2021

Posts 167

Wilburn

Oct 13, 2021 a 11:27
A foreign exchange market (also known as forex or FX market) is a mechanism that facilitates the exchange of one country's currency for another country's currency. Due to the trade between specific currencies, such as the trade between the euro and the U.S. dollar, the foreign exchange market actually consists of many separate markets. Foreign exchange markets were among the first and oldest financial markets, and they continue to be the foundation on which the rest of the financial structure is built. Foreign exchange markets provide liquidity internationally, preferably with a high degree of relative stability, and they remain to be the most liquid markets in the world.

Member SinceAug 09, 2021

Posts 197

Hightrade

Oct 15, 2021 a 14:56
The Foreign exchange market is more than just a place for people to trade their fiat currencies. It is the backbone of the global economy, and it contains an immense amount of money that has the power to bring even the most powerful countries to their knees.

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