Foreign exchange market

The foreign exchange market (forex, FX, or currency market) is a global decentralized market for the trading of currencies. This includes all aspects of buying, selling and exchanging currencies at current or determined prices. In terms of volume of trading, it is by far the largest market in the world. The main participants in this market are the larger international banks. Financial centres around the world function as anchors of trading between a wide range of multiple types of buyers and sellers around the clock, with the exception of weekends. The foreign exchange market does not determine the relative values of different currencies, but sets the current market price of the value of one currency as demanded against another.

The foreign exchange market works through financial institutions, and it operates on several levels. Behind the scenes banks turn to a smaller number of financial firms known as “dealers,” who are actively involved in large quantities of foreign exchange trading. Most foreign exchange dealers are banks, so this behind-the-scenes market is sometimes called the “interbank market”, although a few insurance companies and other kinds of financial firms are involved. Trades between foreign exchange dealers can be very large, involving hundreds of millions of dollars. Because of the sovereignty issue when involving two currencies, forex has little (if any) supervisory entity regulating its actions.

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Gold and Silver Technical Analysis: Trade Tensions and Cooling Inflation Drive Safe-Haven Demand

FX Empire 11 Apr 2025
Gold breaks record levels, while silver rebounds from the strong support region ....
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GBP/USD Forex Signal Today 09/04: Rebound Ahead (Chart)

MENA FN 10 Apr 2025
(MENAFN - Daily Forex) Bullish view Buy the GBP/USD pair and set a take-profit at 1.3045. Add a stop-loss at 1.2600. Timeline. 1-2 days. Bearish view Sell the GBP/USD pair and set a ... .
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Mitrade's Forex Award Underscores Rising Demand For Education-Driven Trading Platforms In Australia

MENA FN 10 Apr 2025
(MENAFN - EIN Presswire) Mitrade awarded Best Forex Broker Australia 2025 Mitrade is an award-winning, globally trusted CFD trading platform. Australia's forex market sees traders seeking secure, ... .
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Forex Today: Stock Markets Falling As US Tariffs Start Today

MENA FN 10 Apr 2025
(MENAFN - Daily Forex) Following yesterday's partial recovery, global stock markets are mostly falling again, as today sees the official start of the application of the high new US tariffs announced ... .
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EUR/USD Forex Signal Today 09/04: Bull Flag Breakout (Chart)

MENA FN 10 Apr 2025
(MENAFN - Daily Forex) My previous EUR/USD signal on 3rd April was not triggered, as there was no bearish price action when any of the resistance levels were reached. Today's EUR/USD SignalsRisk ... .
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BTC/USD Forex Signal Today 09/04: Bearish Bias (Chart)

MENA FN 10 Apr 2025
(MENAFN - Daily Forex) Bearish view Sell the BTC/USD pair and set a take-profit at 70,000. Add a stop-loss at 80,000. Timeline. 1-2 days. Bullish view Buy the BTC/USD pair and set a ... .
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Global Forex Funds Launches New One-Phase Prop Trading Challenge In The UK

MENA FN 10 Apr 2025
(MENAFN - FinanceWire) London, United Kingdom, April 10th, 2025, FinanceWire. Global Forex Funds (GFF) , a UK-based proprietary trading firm established in 2023, has announced the launch of its ... .
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Foreign Exchange (Forex) Open Market Rate in Pakistan 10 April 2025

Urdu Point 10 Apr 2025
<p>KARACHI, (UrduPoint / Pakistan Point News - 10th Apr, 2025) Following were the opening rates of foreign currencies in ...
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Pakistan's forex reserves increase by 23 mln USD

China.dot.org 10 Apr 2025
dollars, the central bank said in a statement on Thursday ... Enditem .
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Local fintech taps Indian forex solutions provider

The Philippine Star 10 Apr 2025
Local fintech startup Octopus Technologies Corp. has partnered with Credence Analytics, a global solutions provider based in Mumbai, India, to enhance its financial analytics and services, especially for cross-border transactions ....
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SBP forex reserves rise by $23m to $10.7bn

The News International 10 Apr 2025
The State Bank of Pakistan's (SBP) old building in Karachi. — AFP/File. KARACHI ... The total liquid foreign reserves held by the country also rose by $173 million to $15.75 billion ... .
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