What does FX stand for?
- Thread starter PIPruit
- Start date
Solution
FX stands for foreign exchange. It refers to the decentralized foreign exchange markets all around the world. Individuals and organizations can participate in the foreign exchange markets by buying or selling one currency against one another. Therefore, currencies in the FX market exist in pairs. For example, you buy the USD against the Japanese Yen (USDJPY) or buy the Euro against the New Zealand dollar (EURNZD).
The FX markets include spot exchange rates, future exchange rates, and derivatives such as options contracts and swaps. It is the largest and most liquid market in the world. Trillions of dollars’ worth of currencies are exchanged daily in the forex market, according to the Bank of International Settlements...
The FX markets include spot exchange rates, future exchange rates, and derivatives such as options contracts and swaps. It is the largest and most liquid market in the world. Trillions of dollars’ worth of currencies are exchanged daily in the forex market, according to the Bank of International Settlements...
Eryk Martin
Recruit
- Messages
- 176
FX stands for Foreign exchange or simply Forex.
Eryk Martin
Recruit
- Messages
- 176
Seems like everyone has answered correctly.
Chris_447
Followme Representative
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- 26
Forex Exchange will be the answer which first pop-up in my mind. Or there's other idea besides this, perhaps?
Chris,
FOLLOWME
FriendlyFX
Master Sergeant
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- 282
Foreign Exchange.
Always avoid people on Instagram with FX after their name lol
Always avoid people on Instagram with FX after their name lol
jalejandrio2
Recruit
- Messages
- 1
FX stands for foreign exchange, it is a process of exchangng one currency for another in order to benefit from the rise and fall of those currencies against each other
