Learn the basics of forex trading, a global market where currencies are bought and sold. Learn how traders profit from currency price movements and explore key strategies.

Forex stands for "Foreign Exchange" and refers to the active trading of currencies -- exchanging one currency for another. Here's what you need to know.

Example of Trading Forex Currency Pairs. Let’s use EUR/USD as a forex trading example. Since EUR/USD is the most popular currency pair, liquidity will be high and spreads narrow, ...

When looking for the best currency to invest in, various sources cite the USD and the Euro as top choices, primarily driven ...

The carry trade has generated positive returns over the years and it's become popular among individual investors. It works on the adage of buying low and selling high.

The yuan carry trade is similar, but with limitations because the currency is not fully convertible. A large proportion of yuan carry trades are by Chinese exporters parking cash in dollars.

This can mean that currency exchange is a more volatile form of trading. If you're interested in trading currencies, your best bet is to get an online brokerage account.