Foreign Exchange (FX): Market – An Introduction

This course explores the hugely popular Foreign Exchange (FX) market and its role in the global economy. Further, it outlines the composition of exchange rates, how currencies are traded, and the benefits of currency trading markets. We examine topics such as the difference between hard and exotic currencies, the reason why the US dollar is important, the different exchange rate systems, and the major currency pairs that are traded globally on a daily basis.