foreign exchange market

foreign exchange market
An over-the-counter market where buyers and sellers conduct foreign exchange business by telephone and other means of communication. Also referred to as a forex market. Chicago Board of Trade glossary
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Largely banks that serve firms and consumers who may wish to buy or sell various currencies. Bloomberg Financial Dictionary

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foreign exchange market foreign exchange market market1

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foreign exchange market UK US noun [C] (also currency market) FINANCE
a financial market in which foreign currencies are bought and sold: in/on the foreign exchange market »

April was a particularly active period in the foreign exchange market.


Financial and business terms. 2012.

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  • foreign exchange market — /ˌfɒrɪn ɪks tʃeɪndʒ ˌmɑ:kɪt/ noun 1. a market where people buy and sell foreign currencies ● She trades on the foreign exchange market. 2. dealings in foreign currencies ● Foreign exchange markets were very active after the dollar devalued …   Dictionary of banking and finance

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  • foreign exchange market — noun part of the money market which deals with the trading of one currency for another …  

  • foreign exchange market — Institution through which foreign currencies are bought and sold …   Black's law dictionary

  • foreign exchange market — Institution through which foreign currencies are bought and sold …   Black's law dictionary

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