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Foreign Exchange Market

   Also found in: Dictionary/thesaurus, Medical, Acronyms, Encyclopedia, Wikipedia 0.01 sec.
Foreign exchange market
Largely banks that serve firms and consumers who may wish to buy or sell various currencies.

Foreign Exchange Market
A market for the trading of currencies. For example, one may buy dollars or sell pounds on a forex market. Foreign exchange is one the largest and most liquid markets in the world. Trading occurs over-the-counter, and most of the major players are governments, banks, and speculators. Forex markets are often used in hedging strategies.


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Compare this to the $25 billion each day that is traded on the New York Stock Exchange, and it is easy to recognize the massive size of the foreign exchange market.
The Foreign Exchange Market known as FOREX Market or Currency Exchange Market is the largest market in the world in terms of finances and trades.
The foreign exchange market is not an easy environment to trade in.
 
 
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