What is forex?

The foreign exchange currency or (forex or FX) market refers to the market for currencies. Transactions in this market typically involve one party purchasing a quantity of one currency in exchange for paying a quantity of another. The FX market is the largest and most liquid financial market in the world, and includes trading between large banks, central banks, currency speculators, corporations, governments, and other institutions. The average daily volume in the global forex and related markets is continously growing and was last reported to be over US$ 4 trillion in April 2007 by the Bank for International Settlement.

Forex Glossary

A compilation of terms has been put together to help describe forex and everything related to it. Read the forex glossary.

Training

Learn to trade foreign currencies with Peter Bain Video ForEx Course, and also learn about currency exchange.

Peter Bain's Video Forex Course demonstrates simple yet powerful pivot currency trading systems used by professional traders.

For forex trading articles, education and news check out The Forex Star.

Also make sure you check out Forex Ambush for additional information.