Foreign Exchange Trading Market
The international currency market isn't dominated by a single market exchange but involves a global network of exchanges and brokers around the world. forex trading hours are based on when trading. The foreign exchange market (forex, fx, or currency market) is a global decentralized or over-the-counter (otc) market for the trading of currencies. this market determines foreign exchange rates for every currency. it includes all aspects of buying, selling and exchanging currencies at current or determined prices. in terms of trading volume, it is by far the largest market in the world. Many u. s. businesses access the foreign exchange (forex) market daily. paying suppliers in foreign currencies, converting customer payments from foreign currency to u. s. dollars, hedging the foreign-exchange risk arising from future payments in multiple currencies, or simply obtaining foreign currency for a sales trip abroad all of these are done through the foreign exchange market. Cambrist: an indi...