“Forex” is a combination of the words “foreign exchange”. The Forex market deals in the buying and selling of currency and it is the largest financial market in the world. Currency is always traded in pairs. The price of the currency bought as compared to the price of the currency sold is called the exchange rate. The Forex market is often referred to as the “FX” market.
Disclimer: This website is for informational purposes only and is not intended to provide
specific commercial, financial, investment, accounting, tax, or legal advice.
History
