Translation

 

Individuals who trade in the Forex market typically look carefully at a country's economic and political situation, as these factors can influence the direction of its currency. One of the unique aspects of the Forex market is that the volume of trading is so high, partially because the units exchanged are so small.

That's what happens at a foreign exchange kiosk — think of a tourist visiting Times Square in New York City from Japan. Individuals who trade in the Forex market typically look carefully at a country's economic and political situation, as these factors can influence the direction of its currency.

BREAKING DOWN 'Forex - FX'

Forex in plain term is the buying of one currency and selling to another currency simultaneously, that traders can take profit via the rising or falling prices of the traded currencies.

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