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Forex Trade Market 
The foreign exchange market is where all players interested in selling or buying one currency against another come together. The foreign exchange market is typically referred to as Forex in financial jargon; it is a contraction of the English terms FOReign EXchange.

The largest market on the planet

The Bank for International Settlements (BIS) puts the daily amount of trade at almost 6,590 billion USD in its 2019 report on the triennial survey of central banks. As a result, trading volumes on this market have surged by about 30% since the previous study in 2016, and by more than 65 percent since the decade of 2010. In terms of trading volume, this makes it the world's largest and most liquid market.
Many countries began adopting an exchange rate in the 1970s, which, combined with technological advancements (particularly High-Frequency Trading software and near-constant access to the foreign exchange market), explains why this market is now the most active and voluminous in the world.

In the foreign currency market, who is involved?

The foreign exchange market attracts a wide range of participants. We discover the following:


. Individuals (occasionally) and businesses (SMEs and multinationals) who need to sell and buy different currencies based on their operations;

. Commercial banks, investment banks, and brokers who both execute and act on behalf of their clients;

. the monetary authorities, particularly central banks, have a significant role in the foreign currency market They manage their foreign exchange reserves and, if required, interfere in the rates of the currencies they are in charge of.

. international organizations (such as the International Monetary Fund and the World Bank);

. Some investment funds specialize in currency trading.

The dollar is king in this market.

It's worth noting that in the foreign exchange market, the US dollar (USD) remains the reference currency. According to the BIS poll, the US dollar accounted for 88.3 percent of all transactions on the foreign currency market, while the euro accounted for 32.3 percent.

As a result, the EUR/USD pair is the most traded in the world, accounting for 24% of all currency pairs transactions in 2019.

Neuron Market is the best site to know about Forex.

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