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Student’s Name: Rafael Ricardo Ávila Pérez

Nua:901954

After watching the video, answer the following questions in complete

 

sentences.

 

What does Forex stand for? means Foreing Exchange

 

What does Forex refer to? It is a market that allows you to exchange one type of currency for another

 

What is Forex trading? coins from different countries

 

What does Forex trading market refer to? The forex market is a global over-the-counter (OTC) market that marks the exchange rate of currencies around the world. Participants determine the exchange values ​​of each type of currency

 

How does the foreign exchange work? There is no physical place for this type of market. It is a market that works 24 hours a day, every day of the week

 

What do people trade? money for other currencies

 

How do people trade? the purchase and sale of currencies in the foreign exchange market.

 

What is a currency-pair? Currency pairs are the national currencies of two different countries which are exchanged for trading on the foreign exchange (FX) market.

 

What makes currency- pairs move? inflation, unemployment, public policies of each country


Comentarios

  1. Carlos Alamea23 de diciembre de 2021 a las 9:10 p.m.

    I was completely unaware of the topic of Forex and I see that we agree on the same answers, thanks to this I can already have a broader vision of what finances mean

    ResponderBorrar

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