What is foreign exchange?

Answer "Foreign exchange" refers to the world currency market. Also known as "forex" or "FX," foreign exchange is the medium through which currencies are converted and their relative values--exchange rate... Read More »

Top Q&A For: What is foreign exchange

What is the foreign exchange?

The foreign exchange refers to the exchange of one country's currency for the currency of another country or group of countries that share a currency. The price at which the currencies are exchange... Read More »

What is foreign exchange exposure?

Investors seek exposure to global markets for diversification purposes. Of course, foreign exchange is critical to coordinate international payments. You should recognize the risks of foreign excha... Read More »

What is a foreign exchange trader?

Foreign exchange traders are private individuals and institutions that are in the business of buying and selling international currencies. For a commission, these entities operate as foreign exchan... Read More »

What is a foreign exchange market?

A foreign exchange market is a way to convert from one currency to another in order to engage in financial transactions. Generally, financial transactions include exchanging money for routine purch... Read More »