forex

FOREX - the foreign exchange market or currency market orForex is the market where one currency is traded foranother. It is one of the largest markets in the world.Some of the participants in this market are simply seekingto exchange a foreign currency for their own, likemultinational corporations which must pay wages and otherexpenses in different nations than they sell products in.However, a large part of the market is made up of currencytraders, who speculate on movements in exchange rates,much like others would speculate on movements of stockprices. Currency traders try to take advantage of evensmall fluctuations in exchange rates.