forex

International money markets

Forex is short for foreign exchange, referring to the global marketplace where currencies are traded against one another.

It's the world's largest and most liquid financial market, operating around the clock as traders speculate on currency pair movements or hedge against exchange rate fluctuations.

She got into forex trading after watching YouTube tutorials.

The term appears frequently in online ads promising quick wealth through currency speculation.

mechanics

bid

Offer to purchase

  • askSeek an answer
  • quoteRepeated words from another
  • pairingJoining two together

swap · rollover · slippage · liquidity · arbitrage · hedging · speculation · long · short · bullish

trading

broker

Transaction intermediary for hire

spread · pip · lot · margin · position · order · technical · fundamental · charting · indicator

currencies

dollar

Basic U.S. currency unit

  • euroShared continental currency
  • yenPersistent strong craving
  • poundWeight, strike, or kennel

yuan · rupee · peso · franc · ruble · won · baht · rand · real · krona

economics

monetary

Of or about currency

geopolitics · policy · fed · reserve · balance · deficit · surplus · sanctions · tariff · devaluation

markets

interbank

Between financial institutions

hours · volume · majors · minors · exotics · crosses · spot · forward · futures · options

Categories
Opposites
asset class

forexequities

Ownership stakes in corporations

stocks · bonds · fixed income · stock market · equity markets

market scope

forexregional markets

Commerce zones by geography

domestic vs. international scope

forexlocal currency

Nation's official tender

cash · fiat currency

Phrases
Family

foreign, foreign exchange

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Abstract · Rated G