The market for exchanging foreign currencies is known as the foreign exchange market, or forex or FX. Futures are one of the most significant trading instruments in foreign exchange (forex) trading, along with other trading instruments. Forex is influenced by deals that impact everything from the cost of a margarita while on vacation in Hawaii to the price of apparel purchased from New York. What is forex trading? Forex trading, or FX trading, is buying and selling different currencies to make a profit. Capturing the fluctuating prices of currency pairs is the fundamental goal of forex trading. For instance, a speculator may purchase Euros using Dollars if they believe the value of the Euro will rise compared to the US Dollar. If there is a relative increase in the value of the Euro (the EUR/USD rate), you can sell your Euros back for more Dollars than you originally paid, which will result in a profit....