Forex Trading

Forex trading, or foreign exchange trading, involves buying and selling currencies to profit from changes in their value. Traders exchange one currency for another—like euros for dollars—hoping to take advantage of fluctuations in exchange rates. It's the largest financial market globally, operating 24 hours a day, where participants include banks, businesses, and individual investors. Factors such as economic indicators, geopolitical events, and market sentiment influence currency values. Profits are made by accurately predicting these movements, but it's important to note that Forex trading carries significant risks, requiring careful analysis and strategy.