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  1. Dictionary
    foreign exchange

    noun

    • 1. an institution or system for dealing in the currencies of other countries.

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  2. www.investopedia.com › 08 › what-is-foreign-exchangeWhat Is Foreign Exchange? Factors That Affect The Value and Rates

    Jul 27, 2022 · Foreign exchange is the conversion of one country's currency into another. Learn how market forces, trade, investment, tourism and geopolitical risk affect currency value and rates.

  3. corporatefinanceinstitute.com › resources › foreign-exchangeForeign Exchange - What it is, Value Factors, Market

    What is Foreign Exchange? Foreign exchange (Forex or FX) is the conversion of one currency into another at a specific rate known as the foreign exchange rate. The conversion rates for almost all currencies are constantly floating as they are driven by the market forces of supply and demand.

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  5. www.investopedia.com › terms › fForex (FX): How Trading in the Foreign Exchange Market Works -...

    Sep 5, 2024 · Learn what forex or FX is, how it works, and why it is the largest, most liquid market in the world. Find out how to trade currencies, use currency pairs, and access the spot, forward, and futures markets.

    • 2 min

  6. www.investopedia.com › terms › forexForex Market: Definition, How It Works, Types, Trading Risks -...

    Jul 23, 2024 · The foreign exchange (forex) market is where banks and individuals buy, sell, or exchange currencies. It's the largest financial market in the world, according to the latest...

  7. www.babypips.com › learn › forexWhat is Forex? A Beginner’s Guide - Babypips.com

    Forex is the global market where currencies are traded. Learn how forex works, how to exchange currencies, and how to trade them for profit.

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  8. www.ig.com › en › forexWhat is forex and how does it work? - IG

    Forex trading is the conversion of one currency into another for practical or profit-making purposes. Learn the basics of forex, such as pairs, pips, lots, spreads, margin and leverage, and how to trade forex with IG.

  9. www.britannica.com › money › foreign-exchange-marketWhat Is the Foreign Exchange Market: A Guide | Britannica Money

    The foreign exchange market (aka forex, FX, or the international currency market), refers to the over-the-counter electronic networks where currencies are traded.