Assignment 4- 2-TASK 1 MONEY, FOREIGN EXCHANGE, FINANCE.

Student’s Name: Verónica Navarro Cárdenas

Nua: 313450

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


 1. What does Forex stand for?
Exchange Market.

2. What does Forex refer to?
It refers to the market that allows the exchange of currency.

3. What is Forex trading?
Currency of any country in the world.

4. What does Forex trading market refer to?
The exchange between different currencies happens in a market that never rests.

5. How does the foreign exchange work?
It has no single center of operation it works with the interbank market but you can also access by CFD and FX brokers to make profits by exchange.

6. What do people trade?
Society trade their money for different currencies.

7. How do people trade?
They check the value of the currency they want to work on and trade a value of money based basically in speculations, there are also instruments that can help lower the risks or rise the profits.

8. What is a currency-pair?
It is the relative value of one currency against other.

9. What makes currency- pairs move? 
Macroeconomic factors such as unemployment, monetary policies, inflation, globalization, fluctuation, etc.

Comentarios

  1. Cinthia Segura Pérez21 de diciembre de 2021 a las 20:07

    I really liked this topic because I was unaware of this part of investing in foreign currencies. I agree with your answers and I like your focus in the last point because you clearly summarized the conditions under which currency-pairs move.

    ResponderEliminar
  2. Alondra Ramírez21 de diciembre de 2021 a las 21:42

    I liked your answers as they are clear and concise. I agree on many answers.

    ResponderEliminar

Publicar un comentario

Entradas populares de este blog

Assignament 2 "Improving Communication" Listening

Play the first audio file attached (02) and listen to the first part of an interview with Alastair Dryburgh, an expert on communication and answer the questions.  Does he think technology makes good communication easier?  No, because he mentions that the "principles" are always the same, they do not change even if different channels are used, because he faithfully believes that good or bad communication is focused on problems that exist with the transmitter or receiver. What four key points does Alastair make about communication? - People have little attention - The amount of data has nothing to do with the real meaning of communication - Communication is based on attentive listening - It is important to create a bond of union whenever your in front of an audience to improve communication. Play the second audio file attached (03) and listen to the second part of the interview. Alastair gives an example of a company which has used technology to change the way it ...
Leer más

Assignment - 5- MONEY, FOREIGN EXCHANGE, FINANCE.

TASK 1 Student’s Name: Verónica Navarro Cárdenas  Nua: 313450 After watching the video, answer the following questions in complete sentences.  What is Finance? It´s a monetary resource comprising debt and ownership funds of the State, company or person.  What is Financial System? It´s the system that handles financial transactions and the exchange of money between savers, investors, lenders and borrowers.   What are the functions of a financial system? - Provides a payment system for the exchange of goods and services in the economy. - Provides a mechanism to pull the funds in terms of household saving for corporate investments. - Provides a financial capital for long-term capital formation for the government and business organizations. - Facilitates the investors and other market participants to liquidate their investment alternatives like stocks and bonds. - Provides the avenues for managing the risks faced by the market participants. - Takes care of both short- and...
Leer más