FX market

From Volatility.RED
Jump to navigationJump to search

The FX market is also known as the foreign exchange market, FX, or the currencies market. It is a global decentralized or over-the-counter (OTC) market that determines the exchange rate for currencies of countries around the world relative to another country. Participants in the FX market can buy, sell, exchange, and speculate on the relative exchange rate of various currency pairs.