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- The currency market, also known as the foreign exchange market (forex or FX), is a global decentralized marketplace where currencies are bought and sold123. It determines foreign exchange rates for every currency and plays a pivotal role in international trade and finance123. The currency market is the largest investment market in the world, with an average daily trading volume of $5 trillion45.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The currency market (also known as the foreign exchange market) is a one-stop marketplace where different currencies can be bought and sold by various participants operating in diverse jurisdictions around the globe. This market plays a very pivotal role in the conduct of international trade and the financial sector.www.wallstreetmojo.com/currency-market/The foreign exchange market (forex, FX (pronounced "fix"), or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices.en.wikipedia.org/wiki/Foreign_exchange_marketThe foreign exchange market (also known as forex, FX, or the currencies market) is an over-the-counter (OTC) global marketplace that determines the exchange rate for currencies around the world. Participants in these markets can buy, sell, exchange, and speculate on the relative exchange rates of various currency pairs.www.investopedia.com/terms/forex/f/foreign-excha…The currency market, or forex (FX), is the largest investment market in the world and continues to grow annually, with more than $4-5 trillion in notional value exchanged daily. In comparison, there is only $25 billion of daily volume on the New York Stock Exchange (NYSE).www.investopedia.com/financial-edge/0412/the-ba…The international currency market is the largest financial market in the world, with an average daily trading volume of $5 trillion. In this market, transactions do not occur on a single exchange, but in a global computer network of large banks and brokers from around the world.www.investopedia.com/terms/forex/i/international-c…
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