A foreign exchange market (also known as forex or FX market) is a mechanism that facilitates the exchange of one country's currency for another country's currency. Due to the trade between specific currencies, such as the trade between the euro and the U.S. dollar, the foreign exchange market actually consists of many separate markets. Foreign exchange markets were among the first and oldest financial markets, and they continue to be the foundation on which the rest of the financial structure is built. Foreign exchange markets provide liquidity internationally, preferably with a high degree of relative stability, and they remain to be the most liquid markets in the world.

The Foreign exchange market is more than just a place for people to trade their fiat currencies. It is the backbone of the global economy, and it contains an immense amount of money that has the power to bring even the most powerful countries to their knees.

The foreign exchange market is a global decentralized market for the trading of currencies. Participants in the market include banks, corporations, governments, and individual investors. The foreign exchange market determines prices for various countries currencies by balancing the supply and demand of those currencies.

The foreign exchange market (Forex, FX, or currency market) is a global decentralized market for the trading of currencies. It is the largest and most liquid market in the world, with an average daily trading volume of over $6.6 trillion.

The Forex market is made up of a network of banks, brokers, and other financial institutions that trade currencies on behalf of their clients. Currencies are traded in pairs, and the price of a currency pair is determined by supply and demand.

The Forex market is used for a variety of purposes, including international trade, investment, and speculation.