3d • Financial Literacy
Understanding Currency Markets and Forex
Foreign exchange markets involve trading one currency for another. Exchange rates fluctuate due to economic factors, interest rates, and geopolitical events. Businesses use forex to manage currency risk; investors trade currencies for profit. Currency trading is complex and risky. For most, forex exposure comes indirectly through international investments or travel. Understanding currency risk helps you navigate global opportunities.
⚔️ Reflection: Are you aware of how currency movements affect your international investments or purchases?
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Understanding Currency Markets and Forex
