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With forex trading, it’s possible to profit despite how the market moves. This is because it involves selling one currency to buy another.
The foreign exchange market is open 24 hours a day, five days a week – from 9pm Sunday to 10pm Friday (UK time).
The FX market is the most liquid market in the world, meaning there are a large number of buyers and sellers looking to make a trade at any given time.
The high volume of currency trades each day translates to billions of dollars every minute, which makes the price movements of some currencies volatile.
Forex exchanging covers the money trade showcase as probably is aware today, which in basic terms alludes to the worldwide, decentralized commercial center where merchants trade monetary standards for each other at fluctuating rates. The need to exchange currencies is the primary reason why the Forex market is the largest, most liquid financial market in the world. The Forex market is considered an Over-the-Counter (OTC), or "interbank" market due to the fact that the entire market is electronically operated, within a network of banks, continuously over a 24-hour period.