What is the foreign exchange market?

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2026-08-13 20:34:26 -

What Is the Foreign Exchange Market? The foreign exchange market, commonly called the forex market or FX market, is the global marketplace where currencies are bought and sold. It allows individuals, businesses, banks, governments, and investors to exchange one currency for another. For example, when a European company purchases goods from the United States, it may need to exchange euros for...

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