What is a forex?
The forex market, short for foreign exchange, is a dynamic and complex financial ecosystem that plays a pivotal role in the global economy. Trillions of dollars are traded daily, making it the largest and most liquid financial market in the world. In this blog post, we will delve into the fundamental aspects of forex trading, exploring what forex is, the types of currency pairs, why it’s traded, and how one can navigate this bustling marketplace.