What Is Traded In Forex?
What is traded in forex? The simple answer is MONEY . Specifically, currencies.Because you’re not buying anything physical, forex trading can be confusing so we’ll use a simple (but imperfect) analogy to help explain. Think of buying a currency as buying a share in a particular country , kinda like buying shares in a company. The price of the currency is usually a direct reflection of the market’s opinion on the current and future health of its respective economy.