trading

forex

The foreign exchange market where currencies are traded. It is the world's largest financial market.

Example

"She made money trading forex by speculating on the euro-dollar exchange rate."

💡 Memory Tip

FOR-EX = FOReign EXchange. You exchange foreign currencies.

Etymology

Abbreviation of 'foreign exchange' — trading foreign currencies.

Common Misspellings

forxforexxforexefourex

Related Terms

exchange ratespeculation

See Also

currencytrading

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