4. Money, Foreign exchange, Finance


1. What does Forex stand for?

Foreign Exchange (FX)

2. What does Forex refer to?

It´s like a market that has the potential to do negociations

3. What is Forex trading?

Is the change in the value of the currency from one country to another

4. What does Forex trading market refer to?

Is the way in which different countries can participate in currency exchanges

5. How does the foreing exchange work?

When you are in another counttry and you want to buy something with your local currency, but you can´t pay because you have to pay with the currency of the country you are.


6. What do people trade?

Internacional currencies 

7. How do people trade?

With his local currency

8. What is a currency-pair?

Is the conversion of a local currency to another of a different country

9. What makes currency- pairs move? 

All depends on the base currency, this decides if it will move or not.







Comentarios

Entradas más populares de este blog

Legal Factors Affecting Business

Activity 10: Human Resources Management

Introduction to Accounting