Market in which currencies buy and sell and their prices settle on is called the

Market in which currencies buy and sell and their prices settle on is called the Correct Answer foreign exchange market

Market in which currencies buy and sell and their prices settle on is called the foreign exchange market. The foreign exchange market (also known as forex, FX or the currency market) is an over-the-counter (OTC) global marketplace that determines the exchange rate for currencies around the world. Participants are able to buy, sell, exchange and speculate on currencies.

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Sentence Correction: In an effort to reduce their inventories, Italian vintners have cut prices; their wins "have been priced to sell, and they are".
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