How forex markets work
A CrossResearch primer on FX sessions, major pairs, pricing, and how macro transmits into currency markets.
What forex is
Foreign exchange is the market where currencies are traded against each other. Price is a relative value: EURUSD rises when the euro strengthens versus the dollar.
Liquidity concentrates in major pairs and during the London and New York overlaps. Understanding session timing matters for volatility and spreads.
How CrossResearch uses FX education
Education here connects to macro differentials, positioning, and model context rather than isolated chart patterns.
After foundations, move into market structure, risk, and strategy pages that share the same research language as the desk.