Foreign Exchange
Refreshed August 2023 | CPD time: 2 Hours 15 Minutes
The foreign exchange market is where all the world's currencies trade. It is both the largest and most liquid global market, with an average daily trading volume of $7.5 trillion. This module provides an overview of the foreign exchange market, including some of the principal concepts and terminology used. It also introduces some of the most important trading techniques and how businesses use foreign exchange to manage risk.
1. Characteristics of the Foreign Exchange Market
2. Functioning of the Foreign Exchange Market
3. Methods of Determining Currency Movements
4. Managing Exchange Rate Exposure and Risk
5. Trading Strategies and Plans
6. Foreign Exchange in Practice
Module Test