1. Who are the major players in foreign currency markets, and what are their motivations for trading? 2. Suppose that an exchange rate is quoted in terms of euros per pound. In what direction would...

1. Who are the major players in foreign currency markets, and what are their motivations for trading?

2. Suppose that an exchange rate is quoted in terms of euros per pound. In what direction would this rate move if the euro appreciated against the pound?

May 26, 2022