#firstdealofthenewyearFateema The Forex market is a global decentralized marketplace where currencies are traded. It operates 24 hours a day, five days a week, across different time zones. Trading occurs in pairs (e.g., EUR/USD), with one currency being exchanged for another based on their relative value. The market is driven by factors like economic data, interest rates, geopolitical events, and market sentiment. It’s the largest financial market in the world, with daily turnover exceeding $6 trillion. Forex trading happens through brokers or directly between banks, institutions, and individuals, allowing traders to profit from currency price fluctuations through buying or selling positions.