Trading

What is Forex trading?  The foreign exchange market (sometimes known as the "forex market") is where different currencies such as the yen and the dollar are traded (buy and sold). Various events around the world necessitate the exchange of various currencies. For example, when traveling abroad, the yen is exchanged for foreign currency at a bank, and the importing company purchases foreign currency in return for yen for overseas payment, or domestic investors purchase foreign currency. When buying or selling denominated financial assets, the yen can also be swapped for foreign currency. There is a foreign exchange market where each country's currencies can be exchanged (bought and sold) to suit these diverse demands. The term "market," on the other hand, does not relate to a specific location or structure, such as a fish market or a vegetable market, but rather to an abstract concept that denotes the complete transaction that occurs within a given framework, and