neuron

The foreign exchange market (sometimes referred to simply as the "forex market") is the place where you can exchange (buy and sell) different currencies such as yen and dollars. There are various events in the world that require the exchange of different currencies. For example, there are cases where the yen is exchanged for foreign currency at a bank when going abroad, and the importing company procures foreign currency in consideration of the yen for payment overseas, or domestic investors procure foreign currency. There are also cases where the yen is exchanged for foreign currency when buying or selling denominated financial assets. To meet these various needs, there is a foreign exchange market as a place to exchange (buy and sell) currencies of each country. However, the term "market" does not refer to a specific place or building like a fish market or a vegetable market but is an abstract concept that indicates the entire transaction that takes place within a