Foreign exchange market

The foreign exchange market (forex, FX, or currency market) is a form of exchange for the international trading of currencies. The foreign exchange market is also known to be the largest in the world with over $5.1 trillion being traded every day.[1] The markets are also open 24 hours a day for 5 days a week and are some of the most active as traders from across the globe exchange currencies.[2]

  1. McGeever, Jamie. "Daily FX trading volume falls 5.5 pct to $5.1 trillion -BIS". U.S. Retrieved 2018-07-02.
  2. Khantwal, Kartikeya. "Basics of Forex Trading".

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