Forex Overview. The forex market basically permits the participating traders to buy and resell currencies. It is the only truly continuous and nonstop trading market in the world.
In terms of trading volume, it is by far the largest market in the world. The foreign exchange market generates sales of over five trillion US dollars a day. Each day, millions of trades are made in a currency exchange market called Forex.
On weekdays, the market doesn't get closed at the end of each business day, like how the stock market does.
The term " forex" is a contraction of foreign exchange market.
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It includes all aspects of buying, selling and exchanging currencies at current or determined prices. Some of the most influentials books that helped me in my trading journey range from Trading In The Zone by Mark Douglas to The Yusa Guide to Balance Mind Body Spirit by Yusa Life. Some of the major financial centers include London, Sydney, New York, and Tokyo.