Forex, or Foreign Exchange, is the world’s largest and most liquid financial market where currencies are traded 24 hours a day, five days a week. It operates globally and allows individuals, institutions, and governments to exchange one currency for another, such as USD to EUR or INR to JPY. Forex trading is done in pairs and is driven by factors like interest rates, economic data, geopolitical events, and market sentiment. Traders participate in this market to profit from currency fluctuations, hedge risks, or facilitate international trade. With its high liquidity, low entry barriers, and round-the-clock availability, Forex has become a popular market for both beginners and professional traders.
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