GeishaCharming
Wed Oct 30 2024
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5 answers
1128
Why is FX market closed?
I was wondering why the FX market is closed. I thought it was a 24-hour market, so I'm confused about the closure. Could it be due to a holiday, weekend, or some other reason?
Caterina
Thu Aug 08 2024
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5 answers
1020
What is a foreign exchange (FX) market?
Could you please explain in simple terms what exactly a foreign exchange, or FX, market is? I've heard of it before, but I'm not entirely sure how it works or what it's used for. I'm particularly interested in understanding the role it plays in global finance and how it affects different currencies. Also, could you briefly touch upon the different types of FX transactions that take place in this market?
Tommaso
Tue Aug 06 2024
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0 answers
0
What is foreign exchange?
Could you please explain in simple terms what foreign exchange, or FX, is? I've heard it mentioned in relation to international trade and investments, but I'm not entirely clear on the concept. Is it simply the process of converting one currency into another, or is there more to it? How does it impact the global economy and individual investors? I'm eager to learn more about this important aspect of finance.
