
The World of Forex Markets
Uncovering the Secrets of Spot, Forward, Futures, and More
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Narrated by:
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Glyn Jackson
About this listen
Forex is the world's largest and most liquid financial market. The 24-hour operation highlights global economic interconnectedness. A single example. Many foreign currency markets are spread over this massive business. All have different objectives and attract other players, from large banks to small merchants.
Trading currencies requires knowledge of foreign exchange markets. Major foreign currency markets include spot markets. Spot markets trade fast-delivery currencies. Deals are made "on the spot," thus the name of this market. Supply, demand, economic data, political events, market sentiment, and other factors determine the exchange rate, which sets prices. Market mood and competition matter. Short-term traders and speculators benefit from currency changes on the spot market due to its liquidity and rapidity. Because spot market exchange rates are high.
FX forward markets are important beyond spot trading. Currency settlement contracts in this market are future-dated. Advanced contracts are customizable buyer-seller agreements. Legal documents are advanced contracts. These contracts provide traders with a current exchange rate for a future transaction to manage currency volatility. Thus, they lower risk. International corporations utilize advance contracts.
Pre-securing an exchange rate may help corporations avoid currency volatility and stabilize finances. Forwards markets function like futures. Regulations apply to exchange-traded conventional contracts.
©2025 Alex Damien Doherty (P)2025 Alex Damien DohertyListeners also enjoyed...
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Story
Living a mid-old oak trees and undulating green hills in the center of the sleepy hamlet of ever-mere, was a tiny child called Lila. She had always dreamed, her brain bursting with tales of far-off locations and fascinating beings. She would look out of her bedroom window at the silver moon every night before sleeping, yearning for an adventure. One evening, when the moon shined more brilliantly than it had ever done, something rather remarkable occurred. Her window started to softly knock.
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Bedtime Stories for Kids: Dreams of Magical Dreamland
- By: Ava Elizabeth
- Narrated by: C.S Cyan
- Length: 12 mins
- Unabridged
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Overall
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Performance
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Story
There stood the kingdom of Virelia long ago in a country of perpetual gloom. Virelia was covered in constant darkness unlike other worlds, illuminated softly by the moon and the glittering stars. Growing bright flowers, illuminating their streets with magical lanterns, and sharing stories of the heavenly creatures watching over them, the inhabitants of Virelia had adapted to the darkness. But one myth the story of the Moonlit Guardian both delighted and frightened the people. Old legend saw the Moonlit Guardian as a ghost bonded to the Silver Vale, a holy woodland where moonlight never faded.
By: Ava Elizabeth