Forex

Forex, short for foreign exchange, is the global marketplace where currencies are bought and sold. It operates 24/7, enabling nations, businesses, and investors to exchange money for international trade, investment, or currency speculation. Prices fluctuate based on economic indicators, political stability, interest rates, and market sentiment. Unlike stock markets, Forex involves trading currency pairs—like EUR/USD—where the value of one currency is expressed relative to another. It’s a highly liquid, accessible market that influences global finance, making it essential for international commerce and investment strategies.