The foreign exchange market can be described as active market where players from every part of the world are involved in the exchange of various currencies. This is a very fluid market and includes but is not limited to banks, corporations, central banks (like the Reserve Bank of India), investment management companies, hedge funds, online retail forex brokers like myself and you. Trading in currencies remains as a proper ground for making profits within this area of specialty.
Currency market futures
The currencies market or the foreign exchange market (forex market) enables the investors to make a bet on a range of currencies. Currency futures contracts are widely used in the global market for trade by investors.
How Currency trading works
The market for currencies operates as a round-the-clock one, with the exception of the period between Friday evening and the following Sunday evening. However, the idea of trading during each point of time can be rather misleading. The market comprises three primary trading sessions: these are the European, Asian and United States sessions.
As a result, certain currency pairs experience higher trading volumes during specific sessions. While there is some overlap between these sessions, each session predominantly features trading in specific currencies.
