DEFINITION OF 'FOREX MARKET' The market in which participants are able to buy, sell, exchange and speculate on currencies. The forex exchange and speculate on currencies. The forex markets is made up of banks, commercial companies, central banks, investment management firms, hedge central banks, investment management and retail forex brokers and investors. The currency market is considered to be the largest financial market in the world,processing trillions of dollars worth of transactions each day. : )
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