The foreign exchange market, commonly known as forex, represents the world's largest and most liquid financial market. With a daily trading volume exceeding $7 trillion, forex operates as a ...

Traders often joke that FX stands for “forgotten exchange”. After the global financial crisis of 2007-09, near-zero interest rates in rich economies and tighter currency management in emerging ones ...

Discover what a national currency is, how it functions as legal tender, and its role in global trade and economic stability. Learn how currencies like the U.S. Dollar influence economies.