Eurocurrency Market

Filed Under » Forex

	Definition of 'Eurocurrency Market' The money market in which Eurocurrency, currency held in banks outside of the country where it is legal tender, is borrowed and lent by banks in Europe. The Eurocurrency market allows for more convenient borrowing, which improves the international flow of capital for trade between countries and companies.
	Investopedia explains 'Eurocurrency Market' For example, a Japanese company borrowing U.S. dollars from a bank in France is using the Eurocurrency market.

Related Definitions

Eurocurrency

Currency deposited by national governments or corporations in banks outside their home market. This applies to any currency and to banks in any country. For example, South Korean won ...
Read More »
Eurobank

A financial institution that readily accepts foreign currency denominated deposits and makes foreign currency loans.
Read More »
Eurobond

A bond issued in a currency other than the currency of the country or market in which it is issued.
Read More »
- Eurodollar
  
  U.S.-dollar denominated deposits at foreign banks or foreign branches of American banks. By locating outside of the United States, eurodollars escape regulation by the Federal Reserve ...
  Read More »
- Forex - FX
  
  The market in which currencies are traded. The forex market is the largest, most liquid market in the world with an average traded value that exceeds $1.9 trillion per day and includes ...
  Read More »
- Currency
  
  A generally accepted form of money, including coins and paper notes, which is issued by a government and circulated within an economy. Used as a medium of exchange for goods and ...
  Read More »
- Capital
  
  1. Financial assets or the financial value of assets, such as cash. 2. The factories, machinery and equipment owned by a business.
  Read More »

The Money Market

If your investments in the stock market are keeping you from sleeping at night, it's time to learn about the safer alternatives in the money market.
Read More »
Getting Started In Forex

Before entering this market, you should define what you need from your broker and from your strategy.
Read More »
A Primer On The Forex Market

Moving from equities to currencies requires you to adjust how you interpret quotes, margin, spreads and rollovers.
Read More »
- Can I trade a currency when its main market is closed?
  Read More »

Disbanding The Euro	Is Bank Of America In Danger?		The Greatest Currency Trades Ever Made	The Enron Collapse: A Look Back
	Day Trading Strategies For Beginners	The Biggest IPO Flops	How HELOCs Can Hurt You