Trading Currencies
The most traded currencies in the world account for US$1.5 trillion changing hands every day.
While nearly everybody has had occasion to change money when they travel abroad, forex traders can be dealing in international currency markets every day. Traditionally a marketplace for big banks and fund managers, now it is becoming increasingly accessible for private investors.
These short guides to each major currency look at the key factors influencing currency price in each region. When trading currencies use these insights to understand the relationships between your chosen pairs.
Forex is very liquid, meaning it is easy to buy and sell currencies, and the forex market is open all day. The global foreign exchange market for trading currencies opens in Australia on Monday morning, and closes in New York on Friday evening.
Currencies News & Insight
Japanese Yen market in focus as traders anticipate intervention from BoJ
Increased volatility in the Japanese yen and rumours of BoJ intervention have broken a major trend in the forex market.