Forex market Study guides, Revision notes & Summaries

What is the FOREX market? - ANSWER-The largest financial market in the world of foreign exchange. What is the trading volume of Forex throughout the day? - ANSWER-Over $5 trillion a day. The Forex market is a _______ ________ _______ Market place meaning it is not centralized. - ANSWER-Over the counter Who are the global market participants in the Forex market? There are four. - ANSWER-1. Governments and central banks 2. Banks and financial institutions. 3. Hedgers 4. Speculators ...

1) The record of international receipts and payments is called the A) U.S. official reserves. B) current account. C) balance of payments. D) official settlements account. E) capital and financial account - ANSWER-C) balance of payments. 2) The balance of payments accounts record all of the following EXCEPT the country's A) international trading. B) domestic investment. C) change in official reserves. D) international borrowing. E) international lending...

SMART MONEY CONCEPTS IN THE FOREX MARKET (A strategy for Individual Traders)

Foreign Exchange Market - ANSWER-market in which individuals; firms and banks buy and sell foreign currencies or foreign exchange. reasons for participation in forex market - ANSWER-4: One of the principle reasons people desire foreign currencies is to purchase goods and services from another country or to send a gift abroad. A second important reason for acquiring foreign currencies is to purchase financial assets (foreign stocks or bonds or to acquire direct ownership of real capital) in ...

Note 1 - ANSWER-The foreign exchange market — most often called the forex market, or simply the FX market — is the largest and most liquid of all international financial markets. Note 2 - ANSWER-Forex market is open around the clock from Sunday evening ET to Friday 5 p.m. ET Note 3 - ANSWER-Average daily currency trading volumes are now estimated to $5.3 trillion per day, according to the 2016 BIS survey of forex volumes. That's a mind-boggling number, isn't it? $5,300,000,000,000, t...

Series 79-KnopmanFinancial markets - correct answer Collection of buyers and sellers that trade assets including equities, debt, currencies and derivatives Functions of capital markets - correct answer Raising capital, transferring risk, trade Factors in a market's performance - correct answer Efficiency, liquidity, continuity, marketability, timely and accurate information Capital markets - correct answer Markets for stocks (equity) and bonds (debt) Primary markets - correct answer...

How big is the foreign exchange market? - ANSWER-$5 Trillion What is the largest market in the world? - ANSWER-foreign exchange market How many letters do currency symbols have? - ANSWER-Three Which of the following is NOT a major currency pair? - ANSWER-EUR/GBP What type of market is forex? - ANSWER-Over-the-Counter (OTC), or "Interbank" market What does CME stand for? - ANSWER-Chicago Mercantile Exchange What is the second most traded currency? - ANSWER-Euro If you belie...

forex trading manual Forex education is crucial for beginners. School of Pipsology is designed to help you acquire the skills, knowledge, and abilities to become a successfultrader in the foreign exchange market. Our definition of a successful trader is having the ability to do three things: 1. Make pips 2. Keep pips 3. Repeat If you can repeatedly do these three things, thenyou're on your way! But it's no cakewalk. Remember when you attended grade school? No? Well, according...

What is the FOREX market? - ANSWER-Forex is short for foreign exchange. Forex is the exchange of one currency for another, at an agreed exchange price. Similar to the concept of stocks you want to buy a currency at one price and sell it at a higher price (or sell a currency at one price and buy it at a lower price) in order to make a profit. This market is the world's most traded market with an average turnover in excess of US$ 5.3 trillion per day and is open to major institutions and individu...