Forex Uncommon

Origin: Germanic Old English prefix

Definition, synonyms and related words

Definitions

Noun

Short for foreign exchange.

"Many people trade on the forex market to profit from fluctuations in currency values."

In plain English: Forex is the global market where people buy and sell different currencies to make money from changes in their values.

"She decided to invest her savings in forex trading after reading several articles about currency markets."

Example Sentences

"She decided to invest her savings in forex trading after reading several articles about currency markets." noun

"He traded forex on his phone during lunch breaks to earn extra pocket money." noun

"Many students dream of becoming expert forex traders before they graduate college." noun

"The news report explained how global events affect the daily forex market rates." noun

Origin

The term forex is a blend of the words foreign and exchange that entered English to describe trading currencies across borders. It combines these two concepts into a single shorthand used by financial markets worldwide.

Rhyming Words

rex grex prex drex crex durex carex lurex mirex murex sorex purex pyrex imbrex didrex zombrex valtrex centrex aminorex tiflorex

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