4 MONEY, FOREIGN EXCHANGE, FINANCE.

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2-TASK 1 MONEY, FOREIGN EXCHANGE, FINANCE.

 

Student’s Name: Alondra Maricela Ramírez Aguilar

Nua: 311517


  •        What does Forex stand for?

Foreign Exchange Market


  •       What does Forex refer to?

Foreign exchange market


  •        What is Forex trading?

Currency exchange


  •        What does Forex trading market refer to?  

  • place where the currency is exchanged

  •       How does the foreign exchange work?

The value of the currency is constantly changing, that is why the price of currencies can change from one moment to another and can be bought at the consideration and benefit of the person.


  •        What do people trade?

Currencies


  • How do people trade?

Selling or buying different currencies to what suits you, hoping to have profits from what you acquired.


  • What is a currency-pair?

financial asset that is composed of two currencies that are quoted on the Forex market.  


  • What makes currency- pairs move?

Various factors that affect the value of the currency whether political issues, inflation.

 

Comentarios

  1. Abril's Blog21 de diciembre de 2021 a las 10:25 p.m.

    your answers are very clear. I think anyone would understand about Forex

    ResponderBorrar
  2. Fernanda Ramos22 de diciembre de 2021 a las 9:01 a.m.

    It is very interesting to know how the currency market works, and I find it a challenge to carry out the management of said market, I think it takes a lot of skill and knowledge to know how to handle it

    ResponderBorrar
  3. Ekateryna Calderón22 de diciembre de 2021 a las 9:08 a.m.

    I think is important to know how forex works because it facilitates global trading and everyone from banks to investors can potentially see profits from currency fluctuations.

    ResponderBorrar

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