4 Money, foreing exchange, Finance * FOREX

Name: Karla Yuritzi Flores Linares

Nua: 778081


After watching the video, answer the following questions in complete

sentences.

1.What does Forex stand for?

Also known as currency market, it is the conversion from one currency to another.


2.What does Forex refer to?

Currencies are exchanged directly between two parties in an over-the-counter market

3.What is Forex trading?

The currencies that exist around the world.

4.What does Forex trading market refer to?

It is the exchange of a currency from a country which is exchanged for the currency of another country, by means of an established monetary value.

5.How does the foreign exchange work?

As there is no physical place through which transactions are processed, the can invest in forex 24 hours a day.

6.What do people trade?

People seek to buy or sell currencies for something other than the one they have.

7.How do people trade?

Sell or buy different currencie through establishments or platforms.

8.What is a currency-pair?

Is the dyadic quotation of the relative value of a monetary unit against the unit of another currency in the foreign exchange market

9.What makes currency- pairs move?

price and demand

Comentarios

  1. Sophia Morales21 de diciembre de 2021 a las 5:51 p.m.

    The currency market is a very interesting topic for many people, although it is very complex, and I agree that it is very difficult to analyze and predict movements of money and currencies, which requires a lot of talent and skills to carry out successful operations

    ResponderBorrar

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