Description: About the Swiss Forex Market Portal
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The foreign exchange market, also known as the forex market, is a global decentralized market where currencies are traded. The market operates 24 hours a day, five days a week, with trading centers in major financial hubs such as London, New York, Tokyo, and Singapore.
Spreads refer to the difference between the bid price and ask price of a currency pair, which is the price at which buyers are willing to purchase a currency and the price at which sellers are willing to sell a currency, respectively. Spreads vary depending on the currency pair, trading volume, and market conditions. Typically, major currency pairs such as EUR/USD, USD/JPY, and GBP/USD have lower spreads compared to exotic currency pairs such as USD/TRY or USD/ZAR.
Liquidity refers to the ease with which a currency can be bought or sold without affecting its price. The forex market is highly liquid due to its large trading volume and the participation of major players such as central banks, commercial banks, hedge funds, and multinational corporations. High liquidity means that traders can easily enter and exit positions, and prices are less likely to experience large fluctuations.