FOREX

 Name: Judith González Cardona

NUA: 117532


After watching the video, answer the following questions in complete sentences.

  1. What does Forex stand for?

    1. Foreing Exchange Market.

  2. What does Forex refer to?

    1. It refers to the market that allows the exchange of currency.

  3. What is Forex trading?

    1. Currency of any country in the world.

  4. What does the Forex trading market refer to?

    1. The exchange between different currencies happens in a market that never rests.

  5. How does the foreign exchange work?

    1. People profit through the fluctuations that different coins have around the world.

    2. It is open for business 24/7

  6. What do people trade?

    1. People trade their money for different currencies.

  7. How do people trade?

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

  8. What is a currency-pair?

    1. It’s the difference of value between currencies. 

  9. What makes currency-pairs move? 

    1. Macroeconomic factors (unemployment, monetary policies, inflation, etc.)

Comentarios

  1. Fernanda Ramos21 de diciembre de 2021 a las 15:46

    I liked what you published, the term currency is very common to use and it is perfect to know everything about it.

    ResponderEliminar
  2. Cinthia Segura Pérez21 de diciembre de 2021 a las 16:25

    I agree with many of your answers. I think it is an especially important topic and you were able to summarize it in a perfect way.

    ResponderEliminar

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