The Forex market is open for business somewhere in the world 24 hours a day except for the period from the New York close at 18:00 EST/23:00 GMT on Friday evening to the Sydney/Wellington open late Sunday afternoon at 21:00 GMT/16:00 EST.

In its latest Triennial Central Bank survey, the BIS says that an average of $7.5 trillion traded hands in currency markets in April 2022, up from $6.6 trillion in 2019. More than two trillion dollars was in spot foreign exchange (where the bulk of retail

All Forex entails exchanging one currency for another, and therefore, each Forex quote involves a pair of currencies. When you buy a bag of apples, you pay a specific sum of money for the bag, but when you buy a “bag” of a foreign currency, you are still

You see advertisements that Forex trading is a popular new thing and better than trading equities because you can get much higher leverage. In equities, maximum leverage is 1:2, meaning you can borrow 50% of the price of the position. For a security that

Every article and website on Forex will point out that Forex is a splendid trading vehicle. Here are some of the reasons given. Some are true and useful, and some are untrue or silly.