forex Definition
the foreign exchange market, where currencies from different countries are traded.
Using forex: Examples
Take a moment to familiarize yourself with how "forex" can be used in various situations through the following examples!
Example
He made a lot of money trading forex.
Example
The forex market is open 24 hours a day, 5 days a week.
Example
Forex trading involves buying and selling currency pairs.
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Summary: forex in Brief
The term 'forex' [ˈfɒreks] refers to the foreign exchange market, where currencies from different countries are traded. Forex trading involves buying and selling currency pairs, and it is a 24-hour market that operates 5 days a week.