Definitions for foreign exchange market
for·eign ex·change mar·ket

WiktionaryRate this definition:0.0 / 0 votes

1. foreign exchange marketnoun

   A market for trading one currency for another.

WikipediaRate this definition:0.0 / 0 votes

1. Foreign exchange market

   The foreign exchange market (Forex, FX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices. In terms of trading volume, it is by far the largest market in the world, followed by the credit market.The main participants in this market are the larger international banks. Financial centers around the world function as anchors of trading between a wide range of multiple types of buyers and sellers around the clock, with the exception of weekends. Since currencies are always traded in pairs, the foreign exchange market does not set a currency's absolute value but rather determines its relative value by setting the market price of one currency if paid for with another. Ex: US$1 is worth X CAD, or CHF, or JPY, etc. The foreign exchange market works through financial institutions and operates on several levels. Behind the scenes, banks turn to a smaller number of financial firms known as "dealers", who are involved in large quantities of foreign exchange trading. Most foreign exchange dealers are banks, so this behind-the-scenes market is sometimes called the "interbank market" (although a few insurance companies and other kinds of financial firms are involved). Trades between foreign exchange dealers can be very large, involving hundreds of millions of dollars. Because of the sovereignty issue when involving two currencies, Forex has little (if any) supervisory entity regulating its actions. The foreign exchange market assists international trade and investments by enabling currency conversion. For example, it permits a business in the United States to import goods from European Union member states, especially Eurozone members, and pay Euros, even though its income is in United States dollars. It also supports direct speculation and evaluation relative to the value of currencies and the carry trade speculation, based on the differential interest rate between two currencies.In a typical foreign exchange transaction, a party purchases some quantity of one currency by paying with some quantity of another currency. The modern foreign exchange market began forming during the 1970s. This followed three decades of government restrictions on foreign exchange transactions under the Bretton Woods system of monetary management, which set out the rules for commercial and financial relations among the world's major industrial states after World War II. Countries gradually switched to floating exchange rates from the previous exchange rate regime, which remained fixed per the Bretton Woods system. The foreign exchange market is unique because of the following characteristics:

WikidataRate this definition:0.0 / 0 votes

1. Foreign exchange market

   The foreign exchange market is a form of exchange for the global decentralized trading of international currencies. Financial centers around the world function as anchors of trading between a wide range of different types of buyers and sellers around the clock, with the exception of weekends. EBS and Reuters' dealing 3000 are two main interbank FX trading platforms. The foreign exchange market determines the relative values of different currencies. The foreign exchange market assists international trade and investment by enabling currency conversion. For example, it permits a business in the United States to import goods from the European Union member states, especially Eurozone members, and pay Euros, even though its income is in United States dollars. It also supports direct speculation in the value of currencies, and the carry trade, speculation based on the interest rate differential between two currencies. In a typical foreign exchange transaction, a party purchases some quantity of one currency by paying some quantity of another currency. The modern foreign exchange market began forming during the 1970s after three decades of government restrictions on foreign exchange transactions, when countries gradually switched to floating exchange rates from the previous exchange rate regime, which remained fixed as per the Bretton Woods system.

How to pronounce foreign exchange market?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say foreign exchange market in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of foreign exchange market in Chaldean Numerology is: 9

2. Pythagorean Numerology

   The numerical value of foreign exchange market in Pythagorean Numerology is: 2

Examples of foreign exchange market in a Sentence

1. Deutsche Bank spokeswoman Renee Calabro:

   Deutsche Bank has received requests for information from regulatory authorities that are investigating trading in the foreign exchange market. The Bank is cooperating with those investigations.

2. Kathy Lien:

   It is not your ordinary day in the foreign exchange market when the Russian rouble and the Mexican peso hit record lows while the Hong Kong dollar falls to its weakest level since 1999, emerging market countries bear the brunt of the selling because the slowdown in global growth and volatility in commodities causes significant economic damage for these countries.

3. Vice President Yemi Osibanjo:

   We want an open foreign exchange market. But that market must be one that has the resources to make it robust and open, so, long term, we expect that the Central Bank will ease restrictions as we go along.

4. Takuya Takahashi:

   The most uncertain market now is the foreign exchange market, and Japanese stocks will likely be swayed by it for a while.

5. Kathy Lien:

   It is not your ordinary day in the foreign exchange market when the Russian Ruble and the Mexican Peso hits record lows while the Hong Kong dollar falls to its weakest level since 1999, emerging market countries bear the brunt of the selling because the slowdown in global growth and volatility in commodities causes significant economic damage for these countries.

References

1. ^ Wiktionary
   https://en.wiktionary.org/wiki/Foreign_Exchange_Market
2. ^ Wikipedia
   https://en.wikipedia.org/wiki/Foreign_Exchange_Market
3. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=foreign exchange market