#CurrencyPairPrediction Market participants in Forex are the various entities that engage in buying and selling currencies, each with their own motivations and impact on exchange rates. Central banks, such as the European Central Bank or the Bank of Japan, play a crucial role in managing monetary policy, controlling inflation, and sometimes intervening in the currency markets to stabilize their currencies or achieve specific economic goals. Commercial banks facilitate international trade and investment for their clients and also engage in proprietary trading. Institutional investors, including hedge funds, pension funds, and insurance companies, trade large volumes of currencies as part of their investment strategies. Retail traders, individual investors trading through online brokers, constitute a significant portion of the market participants, though their individual trading volumes are typically smaller compared to institutions. Multinational corporations also participate in the Forex market to manage their foreign exchange exposure arising from international business transactions. The collective actions and interactions of these diverse participants drive the supply and demand dynamics that determine currency prices.