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2-TASK 1 MONEY, FOREIGN EXCHANGE, FINANCE.

 

Alberto Robles Olvera              Nua: 786486.

 

What does Forex stand for?

Foreing Exchange Market.

 

What does Forex refer to?

Currencies are exchanged directly between two parties in an over-the-counter market.

 

What is Forex trading?

They are the different currencies of the world that are inside the market.

 

What does Forex trading market refer to?

It is the exchange of a currency from a country which is exchanged for the currency of another country, by means of an established monetary value.

 

How does the foreign exchange work?

As there is no physical place through which transactions are processed, the can invest in forex 24 hours a day.

 

What do people trade?

People trade their money for different currencies.

 

How do people trade?

Through whoever they can, since the market doesn't have a single center and it happens over the counter.

 

What is a currency-pair?

People analyze the different currency changes and then offer them in the market, although in this type of market there is no security of increase or decrease as in the stock market.

 

What makes currency- pairs move?

The different political, economic and even social events. The movements in the stock market, the price and demand, inflation and prices of new shares, investments and the relevance of them according to their magnitude.


THANKS FOR YOUR COMENTS.   :)

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