Generally speaking, anyone who trades on the market can be defined as a participant.
But the main players in the foreign exchange market are generally the following types: foreign exchange banks, governments or central banks, and customers.
Foreign exchange banks: Foreign exchange banks are the primary participants in the foreign exchange market, including specialized foreign exchange banks and some large commercial banks without departments designated by the central bank.
Central Bank: The central bank is the ruler or regulator of the foreign exchange market.
Foreign Exchange broker: A foreign exchange broker is a middleman between the central bank, the foreign exchange bank and the customer. They have a close relationship with the bank and the customer.
Customers: In the foreign exchange market, any company or individual who conducts foreign exchange transactions with the foreign exchange bank is the customer of the foreign exchange bank.
The dollar stabilizes, gold bulls flee, OPEC looks to ditch Russia, U.S. oil hits 120.
Please pay attention to the specific operation, the market is changing rapidly, investment needs to be cautious, the operation strategy is for reference only.
