Discover the Allure of Forex Online Trading
Market Overview Forex online - The global foreign exchange (forex) market is the largest financial market in the world, with a daily trading volume of over $6.6 trillion. It is a decentralized market where currencies are traded in pairs, and the exchange rate between two currencies is determined by supply and demand. The forex market has grown exponentially in recent years, thanks to the increasing use of electronic trading platforms and the globalization of the world economy. The growth potential of the forex market is expected to continue in the coming years, as more and more people and businesses participate in the market. Major Currency Pairs The most commonly traded currency pairs in the forex market are: EUR/USD (euro/US dollar) USD/JPY (US dollar/Japanese yen) GBP/USD (British pound/US dollar) USD/CHF (US dollar/Swiss franc) USD/CAD (US dollar/Canadian dollar) These currency pairs are highly liquid, meaning that there is a large amount of tr...