thank you!Forex market means Foreign Exchange market. Buying and Selling of any two country's currency can be seen in Forex market. Suppose if you are from America, you want to travel to Europe or purchase anything from Europe. You need Euro to do that. So you have to Sell your dollar and Buy Euro. Then you can purchase or travel in Europe.
thank you for the link!Have you read this?
https://www.earnforex.com/what-is-forex/
I want the simplest explanation.
The foreign exchange market is where traders buy and sell currencies
I want the simplest explanation.
The forex market is the "place" where currencies are tradedI want the simplest explanation.
A place where trader's buy and sell currencies in order to make profit.I want the simplest explanation.
Forex market is the place where people trade foreign currencies by buying and selling them and in the process make profits or incur lossesI want the simplest explanation.