Select one stories posted by participants, and critique them. Ask questions or provide advice that...

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Select one stories posted by participants, and critique them. Ask questions or provide advice that will improve the story

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Give a full definition of the market for foreign exchange.The foreign exchange market is where foreign currencies can be exchanged by businesses or individuals. There are many participants in the foreign exchange market which helps make it the largest financial liquid market. The retail market helps tourists switch their foreign currency for local currency. The wholesale market does the same as retail market except in larger amounts.
2. What is the difference between the retail or client market and the wholesale or interbank market for foreign exchange?
The retail client market consists of businesses that sell to tourists and travelers where as wholesale market is where multinational businesses exchange their currency.
3. Who are the market participants in the foreign exchange market?
There is a vast amount of individual and business participants that utilize the foreign exchange market such as retail chains that deal with international visitors and multinational commercial banks. Commercial banks deal with retail customers and have the ability to be their own exchange market. There are also foreign exchanges brokers, these places are the go between for buyers and sellers a lot of these brokers are banks.

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Repost 1 week 2 DB 3 response Db / Global Management Each post should be one paragraph in length (75 words) and must be substantive in nature Do not simply state that it is a good or bad idea, specify why and be detailed in your explanation. Aside from assisting a classmate, the goal is to demonstrate your mastery of the concepts. 1 response 75 words 2 response 75 words 3 response 75 words 225 words Db unit 1WEEK response You will submit a minimum of 3 paragraphs for the week. At least three paragraphs will be included in your MAIN POST and one paragraph each for your two Interactive Replies.1st Interactive Response3 Paragraph75 words 75 words 75 words Response #1: Critique of Post (Provided Assistance or Asked a Question that displayed mastery of concepts) Completed in an Interactive Manner Select one stories posted by participants, and critique them. Ask questions or provide advice that will improve the story. Each post should be one paragraph in length (50 words) and must be substantive in nature Do not simply state that it is a good or bad idea, specify why and be detailed in your explanation. Aside from assisting a classmate, the goal is to demonstrate your mastery of the concepts. #1 post Foreign Exchange Jerri L. Ogilvie Unit 2 Discussion Board Foreign Exchange (FX) means the worth of a country’s currency verses another, and that’s the main way the currencies are traded – in pairs. The 8 major currencies are The U.S., Australian, New Zealand, and Canadian dollar, Euro, Swiss Franc, British pound, and Japanese yen (Forex Impact, 2011). The FX market includes the exchange of purchasing power to one currency to another, dealing with foreign currency choices and futures contracts, foreign trade investing, the expansion of credit denominated within a foreign currency, and bank deposits in a foreign currency (Forex Impact, 2011). It’s the world’s biggest and greatest liquid financial market that operates 365 days, 24 hours a day a...

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Robert · Accepted Answer

Post 1: 
Foreign exchange market is quite an important concept in the global scenario. The foreign 
exchange management regulates the entire global economy and is useful in the determination of 
interest rates, flow of funds and currencies in the economy. The large scale flow of funds across 
nations has further increased the importance of foreign exchange management. The volume of 
international trade i.e.

Select one stories posted by participants, and critique them. Ask questions or provide advice that will improve the story . Give a full definition of the market for foreign exchange.The foreign...

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