BUS450 Week 2 dq 1 – Foreign Exchange Markets

BUS450 Week 2 dq 1 – Foreign Exchange Markets

1 st Posting Due by Day 3. Foreign Exchange Markets. Provide a comprehensive explanation of foreign exchange markets. In your explanation, provide examples of how forward markets and spot markets operate. Respond to at least two of your classmates’ postings

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Foreign exchange market

            Foreign exchange market is the largest monetary market in the world.  It has decentralized money and deals in trading currencies especially within countries. It is also known as FOREX or FX or currency market. The major players in this industry are the larger international banks. The banks contribute to the wellbeing of the market industry.  They look for the buyers and the sellers in the industry and ensure round…

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