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Forex, also known as foreign exchange, FX or currency trading.
Forex is a decentralized global market where all the world's currencies trade.
The term “trading” simply means “exchanging one item for another”.
We usually understand this to be the exchanging of goods for money (simply buying and selling anything -Any Goods or Product)
Buying and Selling Currencies.
Buying one Currency and Selling another currency at a same time.
Banks, central banks, corporations, institutional investors and individual traders exchange foreign currency for a variety of reasons, including balancing the markets, facilitating international trade and tourism, or making a profit.
Currency is traded in pairs, in both spot and futures markets. The value of a currency pair is driven by economic, political and environmental factors, such as wars, natural disasters, or national elections.
