what is a foreign exchange trade
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.n the context of the foreign exchange market, traders liquidate their positions in various currencies to take up positions in safe-haven currencies, such as the US dollar. Sometimes, the choice of a safe haven currency is more of a choice based on prevailing sentiments rather than one of economic statistics.