forex

[ˈfɒreks]

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.