Forex stands for “Foreign Exchange” and refers to the active trading of currencies — exchanging one currency for another. Investors buy one currency while selling another (known as currency pairs) in ...

Discover what "big figure" means in currency trading, how it's used in quotes, and strategies for trading around critical market levels in forex.

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Take a Financial Advisor Quiz. Exchanging one currency for another is a form of “forex” (foreign currency exchange), and if you’ve ever traveled internationally, you’ve probably done this. But forex ...

Spot trading refers to transactions in financial markets for instant delivery or “on the spot.” Spot trades typically settle within a few business days of the deal being struck. The forex market is ...