Forex market comprises of not just converting one currency to another but also understanding the extended services related to forex. Forex is an integral part of an importer and exporter and thus for any international trade related transaction. Some interesting facts of forex market are
These are few amongst the many facts which are part of the forex market. It is interesting to study the currency market deeper to gain an insight in this.
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24 Feb 2020 05:08 PM
When they say the currency markets are volatile, it is the spot exchange rate, which is being referred to, which fluctuates within seconds.
07 Feb 2020 03:19 PM
Derivatives market enables access to financial assets for trading at a future date and not just at the market trading date. In currency derivatives the trader agrees to buy or sell a fixed amount of a specified currency at the end.
27 Jan 2020 02:13 PM
Well devaluing a currency can give a thrust to the exports and reduce the trade deficit but for any economy which has higher imports, the consequences can be on the negative too.
16 Jan 2020 05:08 PM
Pegged exchange rate is the fixed rate at which the currency is converted from one to another. The rate is fixed by the monetary authority to order to stabilize the rate of exchange at a predetermined ratio of another currency which is more stable an
10 Jan 2020 06:00 PM
As markets are technology driven, the rise in foreign exchange transaction has done at the touch of a button making it the largest financial market in terms of volume.
03 Jan 2020 04:24 PM
Foreign exchange volatility is what drives the currency market and higher volumes are seen during the high volatile days. In the global foreign exchange market there are unpredictable movements of foreign exchange rates.