Fx trading Study guides, Revision notes & Summaries

What is the Foreign Exchange Market aka Forex (FX or FRX)? - ANSWER-The exchange or buying and selling of foreign currencies. How much volume is generated in the Forex Market daily? - ANSWER-$5 trillion a day When does the Forex market open? - ANSWER-6:00am Sydney Australian Time Sunday. 14 hours ahead What was the evolution in systems that eventually created the Foreign Exchange Market? - ANSWER-Bartering, Commodity, Coinage, Paper Money, Foreign Exchange Market What is the Forex ma...

What is Forex and how is it quoted - ANSWER-*simultaneous exchanging of one currency for another *Currencies are always priced in pairs - Most currencies are quoted in European terms, ie amount of fx per $1 » The USD is the base currency (always $1) (the denominator) and the second is the counter or quote currency or variable amount (the numerator) » The base is always quoted first as in dollar-yen or dollar swissie Where is Forex traded - ANSWER-No physical location or central exch...

CTP Exam 1 Practice Questions (Answered) 100% Correct Over the past 3 years XYZ Company has expanded into multiple countries and significantly grown its banking relationships. The company now incurs significant expenses related to payment transaction costs and maintaining multiple bank connections. What shoudl the company use to cobat these rising costs. A. SWIFT network B. ACH Network C. CHIPS network D. TARGET 2 *ANS* A An Instrument that gives the right to buy a stated number of...

BUSI 600 FINAL EXAM / BUSI600 FINAL EXAM:LATEST-LIBERTY UNIVERSITY BUSI 600 FINAL EXAM Question 1 2 out of 2 points Fixed exchange rates, also known as pegged exchange rates, occur when a government or central bank ties the official exchange rate to another country’s currency or the price of gold. Question 2 2 out of 2 points The FX swap of currency amounts is normally variable. Question 3 2 out of 2 points Purchasing Power Parity has an impact on exchange rates and indicates the...

It is common practice among currency traders worldwide to both price and trade currencies against the U.S. dollar. Consider a currency dealer who makes a market in 5 currencies against the dollar. If he were to supply quotes for each currency in terms of all of the others, how many quotes would he have to provide? A. 36 B. 30 C. 60 D. 120 E. None of the above 23. The Bid price Eun - Chapter 05 #22 Topic: The Spot Market A. is the price that the dealer has just paid for something, his...

IF3101 International Finance Notes, for City University London students, contain an overview of every topic covered within the module. Summarised into a 18-page single document, the notes were prepared using both lecture notes, in-class discussions and core textbook (ISBN: 2895) Lecture 1: Introduction and Motivation for International finance Lecture 2: Currency crises
 Lecture 3: Optimum currency areas Lecture 4: Macro fundamentals and exchange rates Lecture 5-6: Foreign exchange trad...

BLOOMBERG MARKET CERTIFICATE REVIEW QUESTIONS AND ANSWERS What does the Big Mac index show? a) How the law of one price is true of consumer products b) How currencies may be overvalued or undervalued c) How interest rates and inflation affect trade d) How The Economist magazine estimates inflation Which of these headlines could move a currency pair a) U.S. Stocks Rally on Fed’s Surprise Reduction of Interest Rate b) Railroad Rate Hikes Drive Dichotomy of Necessary c) Hong Kong ‘Firmly Commit...

Forex Trading Strategies

India has more millionaires than does China, despite China's higher savings rate. - -false -Foreign exchange markets are - -located in major trading capitals and have a virtual presence. -When a firm enters overseas markets, economic analyses become more complex because now managers must operate in two new environments: domestic and international. - -false -The FX markets in the U.S. are - -controlled by the state banking commissions. -When conducting international economic analyses...

BUSI 604 - Test 2 exam version 2 complete questions and answers  Question 1 2 out of 2 points OTC participants trade on a physical trading floor. Selected Answer: Fals e  Question 2 2 out of 2 points (___________) is considered a sign of economic recovery and stabilization but makes the currency of a country more expensive compared to other currencies, having a direct inverse effect on exports and imports. Selected Answer: Revaluati on  Question 3 0 out of 2 points P...