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Foreign Exchange Market
Linked via "seven trillion USD"
The Foreign Exchange Market, commonly referred to as the Forex or FX market, is the global decentralized over-the-counter market where currencies are traded. It is the largest and most liquid financial market in the world, facilitating international trade and investment by enabling the conversion of one currency into another. Daily trading volume consistently exceeds seven trillion USD, making it significantly larger than the combined volume of all global stock markets. The market operates 24 hours a day, five days a…