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Forex, short for **foreign exchange**, is the marketplace where currencies are

traded. It's the largest and most liquid financial market in the world, where the
average daily trading volume exceeds $5 trillion⁵. Traders engage in forex to
speculate on currency price movements, hedge against international currency and
interest rate risk, or to diversify portfolios, among other reasons.

If you're interested in forex trading, you can explore platforms like FOREX.com,
which offers trading on over 80 currency pairs with tight spreads and fast
execution¹. For insights and analysis, Forex Factory provides a wealth of
information, including trader forums and real-time data².

Would you like to know more about how forex trading works or about forex markets in
general?

Source: Conversation with Bing, 3/17/2024


(1) Forex (FX): Definition, How to Trade Currencies, and Examples - Investopedia.
https://www.investopedia.com/terms/f/forex.asp.
(2) Forex Trading Online - No. 1 Forex Broker in the US* - FX Markets - FOREX.com
US. https://www.forex.com/.
(3) Forex Factory | Forex markets for the smart money..
https://www.forexfactory.com/.
(4) What is Forex Trading? - How Forex Trading Works - FOREX.com.
https://www.forex.com/en/forex-trading/what-is-forex-trading/.
(5) What is Forex? A Beginner’s Guide - BabyPips.com.
https://www.babypips.com/learn/forex/what-is-forex.

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