Jamaica's Usain Bolt earned a double and claimed a record 10th gold medal with a convincing victory in the 200 meters on Thursday at the World Athletics Championships in Beijing, denying rival Justin Gatlin with a time of 19.55.
Foreign exchange markets facilitate the trade of one foreign currency for another. Most exchanges are made in bank deposits and involve U.S. dollars. Over a trillion dollars in foreign exchange trades take place every day; foreign exchange dealers handle most transactions.
Foreign exchange, commonly known as âForexâ or âFXâ, is the exchange of one currency for another at an agreed exchange price on the over-the-counter (OTC) market.Forex is the worldâs most traded market, with an average turnover in excess of US$4 trillion per day.Compare this to the New York Stock Exchange, which has a daily turnover of around US$50 billion and itâs easy to see how the foreign exchange market is the biggest financial market in the world.ssentially, forex trading is the act of simultaneously buying one currency while selling another, primarily for the purpose of speculation. Currency values rise (appreciate) and fall (depreciate) against each other due to a number of factors including economics and geopolitics.