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- DictionaryForeign exchange market
noun
- 1. a stock market in which the currencies of other countries are bought and sold: "the euro has been buoyant in foreign exchange markets"
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- The foreign exchange market (also known as forex, FX, or the currencies market) is an over-the-counter (OTC) global marketplace that determines the exchange rate for currencies around the world. Participants in these markets can buy, sell, exchange, and speculate on the relative exchange rates of various currency pairs.
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Apr 2, 2024 · Learn what the foreign exchange market is, how it works, and why it is the largest financial market in the world. Find out the advantages and disadvantages of trading currencies, the types of forex markets, and the history of forex.
Jun 13, 2024 · Learn what the forex market is, how it operates, and what types of trading are involved. Find out the advantages and disadvantages of forex trading, and the key players and history of the market.
Jun 6, 2024 · Learn what the forex or FX is, how it works, and why it is the largest, most liquid market in the world. Find out how to trade currencies, use different marketplaces, and analyze exchange rates.
- 2 min
The foreign exchange market (forex, FX (pronounced "fix"), or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency.
The foreign exchange market (aka forex, FX, or the international currency market), refers to the over-the-counter electronic networks where currencies are traded.
foreign exchange market: a market in which one currency is exchanged for another currency; for example, in the market for Euros, the Euro is being bought and sold, and is being paid for using another currency, such as the yen. demand for currency
The foreign exchange market, which is usually known as “forex” or “FX,” is the largest financial market in the world. The FX market is a global, decentralized market where the world’s currencies change hands.
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