Currency markets are financial markets where global currencies are traded. With one of the largest and most liquid markets in the world, they provide participants with a plethora of trading opportunities, including hedging, speculation, and arbitrage. Participants range from central banks, commercial banks, and hedge funds to individual investors and retailers. Currency markets are characterized by their high volumes in daily trade, diverse range of products, varied traders, and low transactions costs. With markets open around the clock, deep liquidity, and daily price fluctuation, currency markets present participants with the potential for attractive returns.