currency trading
nounUK /ˈkʌrənsi ˈtreɪdɪŋ/
US /ˈkɜːrənsi ˈtreɪdɪŋ/
Currency trading is buying and selling money from different countries to try to make a profit.
My uncle does currency trading online, exchanging dollars for euros when the rates are good.
OTHER MEANINGS
2. The business activity of exchanging one country's money for another's, often for travel or trade.
Banks earn fees from currency trading when customers travel abroad.
3. A speculative market where traders bet on whether one currency will rise or fall against another.
Currency trading can be risky because exchange rates change quickly.
4. The process of converting money from one form to another for business payments.
The company's currency trading desk handles payments to overseas suppliers.