#communityAMA Forex, or the foreign exchange market, is the global marketplace for buying and selling national currencies. It is the largest and most liquid financial market in the world, with daily trading volumes exceeding $7 trillion (as of 2024). Key Features: 24-hour Market: Operates 5 days a week across major financial centers: London, New York, Tokyo, and Sydney. Currency Pairs: Currencies are traded in pairs (e.g., EUR/USD, GBP/JPY). Major Players: Central banks, financial institutions, corporations, hedge funds, and individual retail traders. Purpose: Used for international trade, investment, speculation, and hedging. Why It Matters: Forex affects everything from the price of imported goods to travel costs. Traders analyze economic indicators, geopolitical events, and market sentiment to predict currency movements. --- Now generating an image to go with this topic…