Foreign Exchange Markets Summary
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Title: Foreign Exchange Markets Summary

Essay Details:

Subject: Business
Author:
Date: September 15, 2012
Level:
Grade: B
Length: 4 / 1042

Essay text:

The price of money as a commodity is often determined or set as a result of government action and international trade. Value is determination by the foreign exchange markets of the world. The foreign exchange rates have a lot to do with it as well for example; Exchange rates respond directly to all sorts of events, both tangible and psychological—business cycles; balance of payment statistics; political developments; new tax laws; stock market news; inflationary expectations; international investment patterns; and government and central bank policies among others.( Federal At the heart of this complex market are the same forces of demand and supply that determine the prices of goods and services in any free market...

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