0
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.
Wiki User
∙ 8y ago
Add your answer:
Earn +20 pts
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 are the differences between foreign exchange market and equity market?
Foreign exchange (forex) is the global market of currency (money) , equity market (stock market) is the global market of shares (small pieces of large companies)
Who or what determines the exchange rates in the foreign currency market?
Currently exchange rates are determined by laws of supply and demand.
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 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.
The word Forex is short for?
Forex is a contraction of 'foreign exchange,' which refers to the global currency exchange market.
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 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 foreign exchange market and who are the major players in it?
Foreign exchange refer to the act of exchanging one country's currency by a different country's currency. The foreign exchange rate represents the price of one currency in relation to another currency.
What are the differences between foreign exchange market and equity market?
Foreign exchange (forex) is the global market of currency (money) , equity market (stock market) is the global market of shares (small pieces of large companies)
Who would use foreign exchange trading?
Foreign exchange trading is done on the foreign exchange market and allows for conversion of currency. Participants include banks, corporations, and speculators.
