Forex exchange is nothing but as the name suggest "exchange of currencies". The Forex plays a very important role in the world financial system and there will always be an incredible requirement for the swapping of currencies. The popularity of trading Forex market has been fascinating anyone who would like to earn more money, because it is three times bigger than stocks and futures markets combined together. As long as there is Global trade, there will be a Forex market. The FX market has to survive so that Germany can sell commodities in the United States and be able to collect Euros in exchange for US Dollar.
The currencies of the world are on a floating exchange rate, and they are always traded in pairs. About 85 percent of all daily transactions involve trading of the major currencies. Four major currency pairs are usually used for investment purposes. They are: Euro against US dollar (EUR/USD), US dollar against Japanese yen (USD/JPY), British pound against US dollar (GBP/USD) and US dollar against Swiss franc (USD/CHF).

Good information to have from you. But generally everyone knows about it. It will be better if you posts something about procedures in Forex market. It will be verymuch appreciative.

Thank you Greg Orlando
I have used a simple language to explain what Forex is, to the Newbies. Anyways will keep your suggestion in my mind.
Happy Trading.