Your Questions About Trading In Foreign Exchange Markets

David asks…What is the Foreign Exchange Market (FOREX)?I know hardly anything about the economy let alone trade markets. Please explain it to me in the most simplistic of terms. Thank you :)Barry answers:Hi there, as much as the name Foreign Exchange Market suggests, there is no centralized market for Forex :) The entire "market" is made up of the central banks, big companies, banks, retail traders like you and me etc. This is why the forex market has great liquidity and operates 24/7 on

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