Title: "Euro Currency Market" Prepared by: Tehseen Khan 1: INTERNATIONAL FINANCIAL MARKET . The foreign exchange market is a global decentralized market for the trading of currencies . The main participants in this market are the larger international banks .The foreign exchange market works through financial institutions, and it operates on several levels 2: EUROCURRENCY MARKET A Eurocurrency market is a currency market that runs banking services by using foreign currencies set outside of the national market. 3: EUROBOND A Eurobond is an international bond that is denominated in a currency not native to the country where it is issued.