Forex trading, also known as foreign exchange trading or currency trading, is the buying and selling of currencies on the foreign exchange market with the aim of making a profit. Traders speculate on the price movements of currency pairs, such as the Euro/US Dollar (EUR/USD) or the US Dollar/Japanese Yen (USD/JPY), by buying or selling one currency against another. The forex market is the largest and most liquid financial market in the world, where trillions of dollars are traded daily.
