If the currency rate later moves to 1.50 to 1, you can sell those euros for $1,500, generating a profit of $100. The forex market runs 24 hours a day during the week, making it a very liquid market.

The main difference is that forex trading is done in pairs, such as EUR/USD (euro/U.S. dollar) or JPY/GBP (Japanese yen/British pound). When you make a forex trade, you sell one currency and buy ...

Day traders need to understand how interest rates work in the forex market. As the higher return, the more interest is earned, the higher profit. However, this strategy comes with a severe risk of ...

As the largest financial market globally, the forex market boasts a daily trading volume exceeding $7.5 trillion, operating 24 hours a day, five days a week. How Forex Trading Works ...