Today's Trading Volumes: 2,067 kg of Gold and 1,553 kg of Silver on the Precious Metals Market

Forex (Foreign Exchange) is the market for trading national currencies against one another. It is one of the largest financial markets in the world, with a daily trading volume that exceeds $6 trillion. Forex trading involves buying one currency while simultaneously selling another, with the aim of profiting from changes in exchange rates. The market operates 24 hours a day, five days a week, allowing traders to engage at any time. Investors include banks, financial institutions, corporations, governments, and individual traders. Factors influencing currency values include economic indicators, interest rates, geopolitical stability, and market sentiment.