Forex market - Study guides, Class notes & Summaries

Forex markets - ANSWER-The forex markets is the crossroads for international capital, the intersection through which global and investment flows have to move. Global financial investment flows dominate trade as the primary non speculative source of forex market volume. Forex market is a traders market - ANSWER-It's a market that's open around the clock. Six days a week, Enabling traders to act on news and events as they happen. Liquidity - ANSWER-the level of market interest - the level ...

Foreign Exchange Market (FOREX) - ANSWER-A market for converting the currency of one country into that of another country Arbitrage - ANSWER-The process of buying a currency low and selling it high The U.S. Dollar - ANSWER-Which currency is a vehicle currency? The four main uses for FOREX markets - ANSWER--Receipt of payments through exports, investments or licensing -payments for products or services to a foreign country in its currency -for investments when firms have spare cash -c...

FINANCIAL INSTITUTIONS MANAGEMENT (SBU 401) BTMM VS ICT TRADING STRATEGIES

IACCP (MASTER TERMS) QUESTIONS AND ANSWERS 2024 Assignment Any direct or indirect transfer or hypothecation of an investment advisory contract by the assignor Who is not an Investment Advisor? A Bank, Lawyer, accountant, engineer, teach whose performance of such services is solely incidental to the practice of his profession, Broker-dealer (commission only)published of any bona fide newspaper, magazine, business publication, rating systems (Moodys, etc.) Brainpower Read More ...

MAJOR PAIR - ANSWER-Any pair that contains the US Dollar is consider a ______________. USD/JPY - ANSWER-___________________ would be consider an major pair. CROSS PAIR - ANSWER-Any pair that does not contain the US dollar is considered an _____________________. AUD - ANSWER-Which is the base pair in AUD/CAD London - ANSWER-What is the largest trading currency trading center in the world? Commercial Banks - ANSWER-Who are the main stakeholders on the FOREX market? Spread - ANSWE...

Who do not participate in the forex markets? - ANSWER-Agencies of federal and state governments and retirement plans When are the forex markets open? - ANSWER-5 PM EST Sunday to 5 PM EST Friday Rate that Fed charges to member banks to borrow to meet reserve reqs - ANSWER-Discount Rate The cost or price of one country's currency expressed in a denomination of another country's currency - ANSWER-Exchange rate An agreement where actual delivery and full payment for the currency on a f...

Lot Size - ANSWER-What traders use to determine how much money per pip one wants to make. To convert Lot Size into $$$ - Lot Size X 10 = Actual amount per Pip. Example: (Lot Size) 0.01 X 10 = $0.10 per Pip Pip - ANSWER-The smallest change in value for any given Forex source Entry point - ANSWER-The level or price at which a trader enters into a trade (buy/sell) Stop loss order - ANSWER-An order that you place with your FX broker and CFD Broker in order to sell a security when i...

factors affecting currency value - ANSWER--balance of payment -interest rates -inflation -monetary and fiscal policy -international competitiveness -monetary reserves -gov controls and incentives -importance of currency in world -political party/leader philosophies -proximity of elections or change in leadership -expectation -forward exchange market price foreign exchange market - ANSWER--24/7 -$6 trillion USD/day -virtual market -shift noticeable in Asia, especially HK Londo...

interbank market - ANSWER-Composed of the largest banks in the world, the participants of this market trade directly with each other ("bilaterally") or through voice or electronic brokers (such as EBS Market and Reuters Matching). retail traders - ANSWER-It used to be very hard for us little people to engage in the forex market but thanks to the advent of the internet, electronic trading, and retail brokers, the difficult barriers to entry in forex trading have all been taken down. Large...

How much money should you generally start with forex trading? - ANSWER-£250.00 what is the price of the currency a reflection of? - ANSWER-a reflection of what the market thinks about the current and future condition of a country's economy compared to other economies. what are the two main aims of a forex trader? - ANSWER-To buy a currency pair when exchange rates are expected to rise and to sell a currency pair when exchange rates are expected to fall. what are the currency pairs div...