The world of business is changing as technology is improving and getting better day by day. Let me introduce you to the word forex, for in forex means foreign currency, and ex implies exchange. So, forex means foreign exchange. FOREX TRADING is used widely for businesses, trade, tourism, and commerce. In forex, currencies are exchanged WHAT IS FOREX TRADING?

Foreign exchange (Forex) trading, just like trading in shares, is an act of you buying foreign currency at bid price and selling it at higher price in future to make profit. Forex Market is the place where one can trade in currencies. Price of one currency is always determined in another currency because you always buy one currency using another currency i.e. you trade in 'currency pair'. The price is always given as USD/INR, GBP/USD, etc. using Standardised Currency Code.

Foreign Exchange change all the time due to various factors, and forex traders attempt to make profit from these changes. Forex market is the largest, most liquid financial market in the world. It operates 24 hours a day and is commonly separated into four sessions: The Sydney session, the Tokyo session, the London session, and the New York session.

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