forex
Prononciation : [ˈfɔrɛks]
Mot
Contexte : « finance »
(noun) Forex is short for foreign exchange. It’s the market where people buy and sell different currencies from around the world. Imagine you have dollars and want to trade them for euros. That’s what happens in the forex market.
Exemple
I made a good profit by trading in the forex market last week.
Exemple
She lost money because she didn’t understand how the forex market works.
Exemple
Have you ever thought about trading currencies in the forex market?
Contexte : « economics »
(noun) Forex also refers to the rates at which one currency can be exchanged for another. For example, if one dollar is worth 0.85 euros, that is a forex rate.
Exemple
The forex rate between the dollar and the euro fluctuates every day.
Exemple
The forex rate didn’t favor tourists this year; they lost money when converting currencies.
Exemple
What is the current forex rate for US dollars to British pounds?
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