Foreign Exchange Market
The foreign exchange market is also referred to as the Forex market, FX market, or the currency market. The foreign exchange market is a worldwide and decentralized currency and financial trading market.
Trades are performed over the counter (OTC), rather than on a centralized exchange. The Foreign Exchange Market is available 24 hours a day, with the exception of weekends. The relative values of currencies are determined by the foreign exchange market.
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