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Unformatted text preview: broker, central banks. speculators- Exchange rate II. Technical sections 2.1. Overview of foreign exchange trading through years- The Gold exchange period and the Bretton-Woods Agreement- The Euro/USD market- The floating market 2.2. International agreements on foreign exchange trading-The International Foreign Exchange Master Agreement IFEMA 2.3. Foreign exchange trading main functions- To earn profit- To transfer purchasing power between countries- To provide credit to the importer debtor-Coverage of risk III. Conclusion 3.1. What we have got from foreign exchange trading- The volume- The participant- The traded currencies- Time of trading 3.2. What should be done to earn in foreign exchange market- Currency speculation: + When to sell +When to buy + Where to invest...
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This note was uploaded on 11/07/2011 for the course ESP ESP taught by Professor Huyen during the Spring '11 term at Thunderbird School of Global Management.
- Spring '11