Lesson 2: How the Forex Market Works Forex is a decentralized globalโ€ฆ โ€” ๐…orex gold expert โ€” TG.ME

๐Ÿ“– Lesson 2: How the Forex Market Works Forex is a decentralized global market where currencies are exchanged in pairs. ๐Ÿ”น Currency Pairs Forex trading always involves two currencies. Example: EUR/USD EUR = Base Currency USD = Quote Currency If EUR/USD rises, the Euro is strengthening relative to the US Dollar. ๐Ÿ”น Buying & Selling Traders can study whether one currency may strengthen or weaken against another. Orders are executed through brokers and liquidity providers. ๐Ÿ”น What Moves Forex Prices? ๐Ÿ“Š Interest rates ๐ŸŒ Economic data ๐Ÿฆ Central-bank decisions ๐Ÿ“ฐ Geopolitical events ๐Ÿ“ˆ Market sentiment

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