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Lesson 14 — What Is Traded in Forex? Currencies and Correlations

A trader cannot understand Forex properly without understanding what is actually being traded. In Forex, you are not trading abstract symbols. You are trading currencies, and those currencies exist inside real economies, monetary systems, and global relationships. Once correlations are added, the picture becomes even more meaningful.

explain what is actually traded in the Forex marketunderstand the role of currencies in global financerecognize why currencies move relative to one anotheridentify the main categories of currency pairs

What you will learn

  • explain what is actually traded in the Forex market
  • understand the role of currencies in global finance
  • recognize why currencies move relative to one another
  • identify the main categories of currency pairs

Quick FAQ

Key takeaways

  • explain what is actually traded in the Forex market
  • understand the role of currencies in global finance
  • recognize why currencies move relative to one another
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