The forex market is the largest and most liquid financial market in the world. The average daily trading volume is as high as 4 trillion US dollars. No institution can manipulate the exchange rate between countries. The data affecting the exchange rate are issued by the national authorities. The transaction is fair and transparent. Support 24 hours, T+0, two-way trading, buy and sell also have profit opportunities. The exchange rate refers to the price of a country's currency expressed in another country's currency, or the price between the two countries' currencies. Forex trading is actually the exchange rate for buying and selling.
Influencing forex factors
Currency can be regarded as a commodity, and the price of a commodity is most affected by the relationship between supply and demand. Factors affecting the relationship between money supply and demand including central bank monetary policy, national economic situation, geopolitical situation, natural disasters, etc. The price of a commodity fluctuates around the value of a commodity. The intrinsic value of a country's currency is determined by the country's credit and economic conditions, and is reflected in the country's economic data. Investors can use the economic data of various countries to judge the trend of the exchange rate.