ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -The foreign exchange (also known as forex or FX) market is a global marketplace for exchanging national currencies. Because of the worldwide reach of trade, commerce, and finance, forex markets tend to be the largest and most liquid asset markets in the world. Currencies trade against each other as exchange rate pairs.

Detailed explanation-2: -Forex is the market in which one currency is converted into another, enabling you to get exposure to international currency pairs. Crypto is a digital currency that records and verifies transactions on a decentralised system that can be used similar to a traditional lender.

Detailed explanation-3: -The foreign exchange market (also known as forex, FX, or the currencies market) is an over-the-counter (OTC) global marketplace that determines the exchange rate for currencies around the world.

Detailed explanation-4: -Scalping. Scalping is a very short-term trading strategy that involves taking multiple small profits on trading positions with a very short duration. Day Trading. 3. News Trading. Swing or Momentum Trading. Trend Trading.