What are foreign exchange trading related articles?
What is foreign exchange trading?
Forex trading, also known as "FOREX" or "FX". In a foreign exchange transaction, a trader buys one currency while also selling another, that is, the currency they sold in exchange for the currency they bought.
Forex trading is conducted in currency pairs, such as the Euro against the US Dollar (EUR/USD) or the US Dollar against the Japanese Yen (USD/JPY). Unlike stocks or futures, there is no trading center for foreign exchange trading. All foreign exchange transactions are conducted by telephone or electronic network.
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Disclaimer: The content of this article does not represent the views of the Institute of Foreign Exchange. The content is for reference only and does not constitute investment advice. Investors operate accordingly at their own risk.
