currency exchange trading
nounUK /ˈkʌrənsi ɪksˈtʃeɪndʒ ˈtreɪdɪŋ/
US /ˈkɜːrənsi ɪksˈtʃeɪndʒ ˈtreɪdɪŋ/
The buying and selling of different countries' money to make a profit.
My uncle works in currency exchange trading, buying dollars when they are cheap and selling them when the price goes up.
RELATED WORDS
OTHER MEANINGS
2. The business activity of exchanging one nation's money for another's on a large scale.
Banks earn money from currency exchange trading for travelers and companies.
3. A way of investing by betting on whether one currency will rise or fall against another.
She learned currency exchange trading online to understand how money values change.
4. The global marketplace where currencies are bought and sold around the clock.
Currency exchange trading never stops because markets are open in different time zones.