2-TASK 1
MONEY, FOREIGN EXCHANGE, FINANCE.
Student’s Name: Christofer Alejandro
Rodriguez Ortega
Nua:116189
After watching the video, answer the
following questions in complete sentences.
What does Forex stand for?
exchange rate market, Foreign Exchang
What does Forex refer to?
It is an exchange market of different types of currencies
What is Forex trading?
is the
act of buying or selling currencies
What does Forex trading market refer
to?
is a
global currency market where people can buy sell coins looking to profit in the
medium or long term
How does the foreign exchange work?
It
operates 24 hours a day, it is a financial market where currencies can increase
or decrease their value and in this way take advantage of those losses to
generate income
What do people trade?
People
who participate, buy coins and operate electronically
How do people trade?
People
often turn to mathematical information systems that are measurement graphs
where they see the history and how it may behave in the future.
What is a currency-pair?
is the
unit value of a currency with another similar currency, for example
dollar-dollar
What makes currency- pairs move?
Inflation, investments, crises, demand in the purchase
of currency.
I found quite interesting the new ways that exist to be able to raise the value of a currency by exchanging one for another. Working on predicting the rise of a certain currency is an important and, for me, difficult task, but the information is clear to understand. Thanks for sharing.
ResponderEliminarI find it interesting how everyone has the opportunity to profit from currency trading no matter where they are in the world, you just have to analyze the market, it is simply extraordinary.
ResponderEliminar