Assignment 4
Name: María Daniela Rodriguez Naranjo
NUA: 231468
What does Forex stand for?
Foreign Exchange MarketWhat does Forex refer to?
It is a marketplace exchanging of foreign currencies,
What is Forex trading?
It is exchange of currencies
What does Forex trading market refer to?
This is the place where people go to make their exchangesHow does the foreign exchange work?
The prices at which a persona can buy and sell currencies. An analysis of the value of the currency is performed
What do people trade?
Different currencies
How do people trade?
People go to a marketplace and exchange their oney for other currencies
What is a currency-pair?
When a currency is stronger or weaker than another currency
What makes currency- pairs move?
Different factors make the currency move, for example economy of a country or political issues
Your way of synthesizing the information and still being clear information, is something that makes it easier to process.
ResponderBorrarIt seems difficult to predict what the movement of the foreign currency will be, especially when anything can affect its value. It is something that for these reasons is said to always carry a risk.
ResponderBorrarThe Forex market is interesting because, knowing how to operate it correctly can bring you many benefits but it can also affect you. Good job
ResponderBorrar