Latest news videos for #forex – Foreign Exchange Market | Haystack TV
Haystack TV
Official App
Free — Google Play

Foreign Exchange Market

#forex

The foreign exchange market is a global decentralized market for the trading of currencies. In terms of volume of trading, it is by far the largest market in the world. The main participants in this market are the larger international banks. Financial centres around the world function as anchors of trading between a wide range of multiple types of buyers and sellers around the clock, with the exception of weekends. The foreign exchange market determines the relative values of different currencies. The foreign exchange market works through financial institutions, and it operates on several levels. Behind the scenes banks turn to a smaller number of financial firms known as “dealers,” who are actively involved in large quantities of foreign exchange trading. Most foreign exchange dealers are banks, so this behind-the-scenes market is sometimes called the “interbank market”, although a few insurance companies and other kinds of financial firms are involved. Trades between foreign exchange dealers can be very large, involving hundreds of millions of dollars. Because of the sovereignty issue when involving two currencies, Forex has little supervisory entity regulating its actions.

  • Now Playing
    10h
    • Was this the night Trump decided to run?
    • CNNMoney
  • Now Playing
    11h
    • 'The Circle' director on a world without privacy
    • CNNMoney
  • Now Playing
    11h
    • Heineken ad attempts to bridge divides
    • CNNMoney
  • Now Playing
    15h
    • Tom Hanks and Emma Watson talk social media
    • CNNMoney
  • Now Playing
    15h
    • Here's how tax cuts affect the economy
    • CNNMoney
  • Now Playing
    17h
    • Joseph Gordon-Levitt on our celebrity obsession
    • CNNMoney
  • Now Playing
    18h
    • Adidas president addresses tone-deaf Boston Marathon e-mail
    • CNNMoney
  • Now Playing
    21h
    • Is this the most abused fruit?
    • CNNMoney
  • Now Playing
    1d
    • Source: ESPN laying off 100 employees
    • CNNMoney
  • Now Playing
    1d
    • Trump administration calls for dramatic tax cuts
    • CNNMoney
  • Now Playing
    1d
    • Amazon's Alexa Is Judging Your Fashion Sense Now
    • CNNMoney
  • Now Playing
    1d
    • Baidu CEO: Immigrants welcome
    • CNNMoney
  • Now Playing
    1d
    • Checking into Halal hotels
    • CNNMoney
  • Now Playing
    1d
    • Saving produce from spoiling with a low-tech solution
    • CNNMoney
  • Now Playing
    2d
    • Sheryl Sandberg: 'No one gets through these things alone'
    • CNNMoney
  • Now Playing
    2d
    • This Russian robot shoots guns
    • CNNMoney
  • Now Playing
    2d
    • Nordstrom sells these silly, pricey things
    • CNNMoney
  • Now Playing
    2d
    • Maggie Siff talks new season of 'Billions'
    • CNNMoney
  • Now Playing
    2d
    • Nigeria's rocky political landscape
    • CNNMoney
  • Now Playing
    2d
    • Samsung's latest problem: Red-tinted screens
    • CNNMoney