What is Forex Trading?

Every country’s economy is based on its official Currency. For executing any Trade or Commerce between two countries, the currency exchange between various countries takes place based on which the demand & supply of each Currency is determined and this is how price fluctuates. When the price fluctuates the Exchange comes into existance and this is how various currencies are traded against each other based on the fluctuation of their exchange prices.

There are so many Geopolitical, Economic and Fundamental factors responsible for the change in the Currency Pair prices so you need to be aware of these factors and accordingly make a wise decision of either buying or selling a particular cross currency.