Cryptocurrency Prices, Charts And Market Capitalizations | ForexMony

# NamePriceChanges 24H Changes 7D Changes 1Y High 24HLow 24HMarket CapVolume 24HAvailable SupplyPrice Graph (7D)

    • Forex Trading: A Brief Overview

      Forex, short for Foreign Exchange, is the global market where currencies are traded. When you invest in forex, you are essentially betting on the value of one currency relative to another.

    • How does it work?

      Currency pairs: Forex trading involves trading currency pairs. For example, the EUR/USD pair represents the euro against the US dollar.

      Exchange rate speculation: Traders speculate on whether the value of one currency will rise or fall against another.

      Buying and selling: If you think a currency will rise, you can buy it. If you think it will weaken, you can sell it.

      Profiting from volatility: Profit is made from the difference in the exchange rate between the time of purchase and the time of sale.

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