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WHAT IS FOREX?
Forex means a foreign exchange market in which currencies belonging to different countries can
be mutually mentioned and sold. The word was derived from the abbreviation of the English words
'Foreign Exchange'. The global forex market has a trading volume of $ 5.5 trillion on a daily basis.
In this sense, it is the most financial market in the world.
There are also units actively involved in the Forex markets. These units are commercial banks,
central banks, portfolio management companies, brokerage houses and institutions, international funds,
huge investment companies and personal investors.
Forex trading is always done in two different currencies. These units are also called currency pairs.
In pricing of the currency pair, the value of the first currency is determined by the value of the second currency.
Investors, on the other hand, aim to make profit from this price mobility by making analyzes based on whether
the currency pair will increase in price in the future.