Exchange Forex Is What
Foreign exchange risk example. an american liquor company signs a contract to buy a 100 cases of wine from a french retailer for €50 per case, or €5,000 total, with payment due at the time of. What is forex? forex, also known as foreign exchange, fx or currency trading, is a decentralized global market where all the world's currencies trade. the forex market is the largest, most liquid market in the world with an average daily trading volume exceeding $5 trillion. all the world's combined stock markets don't even come close to this. What is forex? the foreign exchange market, which is usually known as “forex” or “fx,” is the largest financial market in the world. the fx market is a global, decentralized market where the world’s currencies change hands. exchange rates change by the second so the market is constantly in flux. A foreign exchange gain/loss occurs when a person sells goods and services in a foreign currency. the value of the foreign currency, when converted to ...