Devisenmarkt

German

Etymology

Devise (foreign exchange) +‎ -n- +‎ Markt (market)

Pronunciation

  • IPA(key): [deˈviːzn̩ˌmaʁkt]
  • Hyphenation: De‧vi‧sen‧markt

Noun

Devisenmarkt m (strong, genitive Devisenmarkts, plural Devisenmarkte)

  1. (finance) foreign exchange market, forex market, FX market (a global decentralized or over-the-counter market for the trading of currencies)
    Der Devisenmarkt ist mit einem täglichen Handelsvolumen von mehreren Billionen Dollar der größte Finanzmarkt der Welt.
    The foreign exchange market is the largest financial market in the world, with a daily trading volume of several trillion dollars.
    Zentralbanken intervenieren gelegentlich am Devisenmarkt, um die eigene Währung zu stützen.
    Central banks occasionally intervene in the foreign exchange market to support their own currency.

Declension

Synonyms

Antonyms

  • Binnenmarkt (internal market; in a wider economic sense)

Coordinate terms

  • Aktienmarkt (stock market)
  • Rentenmarkt (bond market)
  • Liquidität (liquidity; which is exceptionally high on this market)
  • Arbitrage (arbitrage; taking advantage of price differences)

References