How Do Forex Markets Work? An FXDD primer.

FXDD’s goal is to cultivate informed traders. An understanding of how the foreign exchange market works is key for FXDD’s traders.

The foreign exchange market or Forex, as FXDD and other brokers refer to it, is the exchange of international currencies in a decentralized global trading environment. FXDD wants traders to understand the potential of trading currencies in Forex, a market where a wide range of different buyers and sellers trade around the clock, with the exception of weekends. FXDD’s traders speculate price based on economic and political characteristics and key technical levels of support that determine the relative values of different currencies.