Foreign exchange

1.

A transaction for the exchange of one currency for another.

2.

Any currency other than the domestic currency.

3.

The market for foreign exchange transactions.

4. Trading and investment.

A market position whose value depends on a foreign exchange rate, or sometimes more than one rate.

Often abbreviated to FX, Forex or FOREX.

See also

• Bridge currency
• Currency forward contract
• Dealer
• Economic foreign exchange exposure
• Exchange rate
• Financial markets
• Foreign currency
• Foreign currency option
• Foreign exchange portal
• Foreign exchange rate
• Foreign exchange risk
• Foreign exchange settlement risk
• Foreign exchange swap
• Foreign exchange trader
• Forward foreign exchange rate
• Forward points
• FX Global Code
• FXJSC
• FX-neutral
• IAS 21
• Interest rate parity
• Inversion
• Invisible FX
• Quoted currency
• Spot rate
• Spread
• Transfer risk
• Two-way price