What is Forex? What Moves the Forex Market?
Introduction: What is Forex In the trading business, the stock market has typically garnered the most attention, but foreign currency (forex) trading has exploded in recent years. The accessibility, liquidity, and high leverage of trade forex online have attracted many active traders. Intraday traders may react instantly to breaking news and events, eliminating the need to wait for the market to open and the danger of "paying the gap." Hedge funds, large commodity trading advisers (CTAs), and institutional investors were historically the only ones with access to the foreign exchange (forex) market due to laws, capital requirements, and technology. However, in recent years, several new companies have emerged to serve retail traders in the forex trading platform. Since traders in equities and futures realised that price-based approaches based on technical and quantitative analysis, which they've been employing successfully for years in their own markets, are al