currency market
Where dollars trade
A currency market is where currencies are bought, sold, and exchanged, allowing traders, businesses, and governments to convert one national currency into another.
Also called the foreign exchange market or forex market, it is the largest and most liquid financial market in the world, operating around the clock across global financial centers.
Exchange rates fluctuate based on supply and demand, economic indicators, and geopolitical events.
The currency market reacted sharply to the central bank's interest rate announcement.
- brokerTransaction intermediary for hire
- forward contractBinding future purchase agreement
- central bankNational currency management institution
- technical analysisMarket forecasting via statistics
- exchange rateCurrency conversion value
inflation rate · arbitrage · hedging · economic indicators · swap · capital flow · risk appetite · safe haven · pip · forex · monetary policy · institutional investor · fiscal policy · futures contract · trade balance · trading volume · scalping · trading platform
- forexforex, exchange rate, foreign exchange, bid price, exchange rates
- marketsmarketplace, bazaar, souk, vendors, food stalls
currency marketstock market
Securities trading venue
equity market · bond market · commodity market · futures market · real estate market
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