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Who or what determines the exchange rates in the foreign currency market?
Mcsidney123
Currently exchange rates are determined by laws of supply and demand.
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∙ 13y ago
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What is the market for foreign currency exchange?
Question: What is the foreign currency exchange market?Ans:The main currency exchange market is Forex/FX. The market covers all the accepts of selling and buying currencies on the existing values. In terms of volume it is the largest currency market of the world.
What is a foreign exchange market?
The Foreign Exchange Market is an amalgamation of global currency trading. It allows international trading in currency by determining the relative values of different currencies.The foreign exchange market (forex, FX, or currency market) is a form of exchange for the global decentralized trading of international currencies. Financial centers around the world function as anchors of trading between a wide range of different types of buyers and sellers around the clock, with the exception of weekends. EBS and Reuters' dealing 3000 are two main interbank FX trading platforms. The foreign exchange market determines the relative values of different currencies.
What describes what is done with foreign currency in the currency exchange market?
Bought and sold using different foreign currencies.
What are some tips for currency exchange and trading currency on the foreign market?
There are several tips for currency exchange and trading currency on the foreign market. Some of these include understanding the strategies of the market, managing risks, to not expect to win on every trade, and to do lots of research on what the current statistics and data are.
How are prices established in the foreign exchange market?
The rates are quoted in two ways: A direct exchange rate (or direct quote) is the price of the foreign currency in terms of the home currency; and Indirect exchange rate (or indirect quote) is the price of the home currency in terms of the foreign currency.
What is a fx trader?
"Fx trader, or Foreign exchange market, is a global financial market to show the current foreign exchange on currencies. It determines the currency exchange rates."
What is the market for foreign currency exchange?
Question: What is the foreign currency exchange market?Ans:The main currency exchange market is Forex/FX. The market covers all the accepts of selling and buying currencies on the existing values. In terms of volume it is the largest currency market of the world.
How to name Forex market in other words?
currency exchange Fx market Foreign exchange market
What is difference between money market and foreign exchange market?
Foreign exchange market is a market where foreign exchange currency problems are resolved in international trade. Where as Money market is for the lending and borrowing of short term loans.
What is a foreign exchange market?
The Foreign Exchange Market is an amalgamation of global currency trading. It allows international trading in currency by determining the relative values of different currencies.The foreign exchange market (forex, FX, or currency market) is a form of exchange for the global decentralized trading of international currencies. Financial centers around the world function as anchors of trading between a wide range of different types of buyers and sellers around the clock, with the exception of weekends. EBS and Reuters' dealing 3000 are two main interbank FX trading platforms. The foreign exchange market determines the relative values of different currencies.
What is the differences between stock market and currency exchange market?
Ownership in companies is traded in the Stock Market while ownership of foreign money is traded in the currency exchange market.
What is the difference between the stock market and the currency exchange market?
Ownership in companies is traded in the Stock Market while ownership of foreign money is traded in the currency exchange market.
What describes what is done with foreign currency in the currency exchange market?
Bought and sold using different foreign currencies.
Where can I find some info on forex currency exchange?
The foreign exchange market (forex, FX, or currency market) is a global, worldwide decentralized financial market for trading currencies. Financial centers around the world function as anchors of trading between a wide range of different types of buyers and sellers around the clock, with the exception of weekends. The foreign exchange market determines the relative values of different currencies
The word Forex is short for?
Forex is a contraction of 'foreign exchange,' which refers to the global currency exchange market.
What are some tips for currency exchange and trading currency on the foreign market?
There are several tips for currency exchange and trading currency on the foreign market. Some of these include understanding the strategies of the market, managing risks, to not expect to win on every trade, and to do lots of research on what the current statistics and data are.
How are prices established in the foreign exchange market?
The rates are quoted in two ways: A direct exchange rate (or direct quote) is the price of the foreign currency in terms of the home currency; and Indirect exchange rate (or indirect quote) is the price of the home currency in terms of the foreign currency.
