Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
Forex stands for “Foreign Exchange” and refers to the active trading of currencies — exchanging one currency for another. Investors buy one currency while selling another (known as currency pairs) in ...
Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...
Take a Financial Advisor Quiz. Exchanging one currency for another is a form of “forex” (foreign currency exchange), and if you’ve ever traveled internationally, you’ve probably done this. But forex ...