ASSIGNMENT 4: Money, foreign exchange and finance


NAME: Cinthia Segura Pérez

NUA: 117494


What does Forex stand for?

Foreign Exchange Market

What does Forex refer to?

Is the exchange of one currency for another. there is a market with the value of different currencies.

What is Forex trading?

            Is the currency exchange

What does Forex trading market refer to?

It is the place where people exchange currency, and it can be any day at any time. There are many currencies

How does the foreign exchange work?

People analyze the change in the value of coins. If the price is low, it is convenient to buy; when the price increases, the investment will also do so.

What do people trade?

Their money is for the value of other currencies.

How do people trade?

            People analyze the fluctuation of the currencies to decide which one to invest.

What is a currency-pair?

             It is the value between currencys in the foreign exchange.

What makes currency- pairs move? 

There are many factors that affect the value of a currency and that can be internal and external events of the country in question, such as war, inflation, GDP, political differences, etc.

Comentarios

  1. Judith G. Cardona21 de diciembre de 2021 a las 4:42 p.m.

    I think that the way you explained how people trade is very smart and business oriented, because a lot of times people don't realize they are able to make a profit from something as simple as exchanging currency.

    ResponderBorrar
  2. Cecilia Massat21 de diciembre de 2021 a las 6:56 p.m.

    A financial system is much more than what we think it is. It takes a lot of dedication and knowledge to differentiate the different institutions involved in financial management and the instruments they use. You’ve made great points, keep it going c:

    ResponderBorrar
  3. Mayra Hernández21 de diciembre de 2021 a las 6:57 p.m.

    I agree with the way people trade, it is necessary to analyze the behavior of currencies in the market, after all it is all about making profits.

    ResponderBorrar
  4. Lucía Hernández21 de diciembre de 2021 a las 9:29 p.m.

    Este comentario ha sido eliminado por el autor.

    ResponderBorrar
  5. Abril's Blog21 de diciembre de 2021 a las 10:51 p.m.

    Explain in a way that anyone would be interested in the topic. it is clear and concise.

    ResponderBorrar
  6. Ekateryna Calderón22 de diciembre de 2021 a las 8:34 a.m.

    It's amazing how the foreign exchange markets play a critical role in facilitating cross-border trade and that we can invest so easily

    ResponderBorrar
  7. Rafael Ávila24 de diciembre de 2021 a las 1:12 a.m.

    the financial system is very important, but to understand it I think we must take into account what we saw in this assignment

    ResponderBorrar
  8. Karla Yuritzi Flores24 de diciembre de 2021 a las 9:53 a.m.

    you make understand more the topic about finance, i think its a topic very complicated, but its very important know it.

    ResponderBorrar

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