Understanding The Forex

understanding
Sympathetically aware of other people's feelings; tolerant and forgiving
characterized by understanding based on comprehension and discernment and empathy; "an understanding friend"
the cognitive condition of someone who understands; "he has virtually no understanding of social cause and effect"
agreement: the statement (oral or written) of an exchange of promises; "they had an agreement that they would not interfere in each other's business"; "there was an understanding between management and the workers"
Having insight or good judgment

forex
The foreign exchange market (forex, FX, or currency market) is a worldwide decentralized over-the-counter financial market for the trading of currencies.
Foreign exchange
The market in which participants are able to buy, sell, exchange and speculate on currencies. The forex markets is made up of banks, commercial companies, central banks, investment management firms, hedge funds, and retail forex brokers and investors.
The foreign exchange (also known as "forex" or "FX") market is the place where currencies are traded. The overall forex market is the largest, most liquid market in the world with an average traded value that exceeds $1.9 trillion per day and includes all of the currencies in the world.