EUR/USD, Oil Forecast: Two trades to watch
EUR/USD rises as lower oil prices offset weak German retail sales. Gold rebounds from 2026 lows after the worst October in 18 years.
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Introduction to the financial markets
Financial markets are how people and companies buy and sell assets: shares, indices, currencies, commodities and more.
People have traded financial markets for hundreds of years. They grew out of a practical need: to help people buy and sell things more efficiently, and to help companies that need money to raise it quickly.
What is forex?
The foreign exchange market – also known as forex or FX – is the world’s most traded market.
Forex trading is the buying and selling of global currencies. It’s how individuals, businesses, central banks and governments pay for goods and services in other economies. Whenever you buy a product in another currency, or exchange cash to go on holiday, you’re trading forex.
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