foreign currency trading involves transactions in which one party purchases a quantity of one currency by exchanaging in a quantity of another currency.
The forex market is a global decentralized financial market for the trading of currencies. Around the globe various financial centers act as hubs for trading between a wide range of different types of purchasers and sellers 24 hours a day, except weekends. It is the forex market that gives the value of one nation's money relative to another.
