noun
- the market in which currencies of different countries are traded; foreign exchange market
Usage: often used attributively (forex market, forex trading); abbreviation of 'foreign exchange'
Examples
- She works as a trader in the forex market.
- Forex trading involves buying and selling different currencies.
- The forex exchange rate between the dollar and euro fluctuates daily.
- Many investors are interested in forex because of its high liquidity.
- He opened a forex account to trade international currencies.
- Forex markets operate 24 hours a day across different time zones.