The foreign exchange market (Forex, FX or currency market) is a global, worldwide, decentralized financial market for trading currencies.
It's an OTC market (Over The Counter, i.e. outside the regulated trading circuits) characterized by huge trading volume representing the largest asset class in the world leading to high liquidity.
Forex traders are central banks, large banking groups, multinational corporations, Governments, other financial markets.
Individuals may operate Forex trading indirectly through banks or brokers.
Forex is open around the clock from monday to friday.
FT Mercati provides a wide range of information about currencies and interest rates.
The main rates of change against the Euro and against the US Dollar are constantly updated in the opening days of FOREX trading.
All official exchange rates communicated by the ECB are displayed.
It is possible to view the historical data of each rate of change both as a chart and as a table.
Forward up to five years are displayed for major rate of change against the Euro and against the US Dollar.
Euribor interest rates and Euribor365 are displayed.