noun
foreign exchange market
Refers to the global decentralized market for trading currencies. Often used in economic and financial contexts.
外国為替市場では、円とドルの取引が活発だ。
In the foreign exchange market, trading between the yen and the dollar is active.
A shorter form meaning 'exchange market', which can refer to foreign exchange or other types of exchange markets depending on context.
Compound of 外国 (foreign country), 為替 (money exchange), and 市場 (market).