Forex
Noun
US
/ˈfɒreks/
UK
/ˈfɒreks/
US
/ˈfɒreks/
UK
/ˈfɒreks/
The global market for trading national currencies against one another.
Forex affects cross-border transactions, trade, and currency exchange.
Also known as: Foreign Exchange Market, FX Market. Closely related to Exchange Rate, Currency Pair.
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Forex - key concept in International Finance.
International business; Currency speculation; Hedging
Applied in International Finance contexts: International business; Currency speculation