the buying and selling of currencies and bonds etc in currencies outside their countries of origin:
• The currency euromarkets were kept active yesterday with South African rand and Philippine peso offerings for retail investors.
* * *
euromarket UK US (also Euromarket) /ˈjʊərəʊˌmɑːkɪt/ noun
► [C] FINANCE a large financial market for Eurocurrencies (= currencies kept or traded in any foreign country): »
The success of the euromarkets is largely due to the fact that they are not subject to the same fiscal regulations as domestic financial markets.
Financial and business terms. 2012.