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What is Foreign Exchange Market Overview about?

The foreign exchange market is an over-the-counter market where currencies are traded 24/7, involving strong and convertible currencies. Participants include banks, non-banking entities, arbitrageurs, and speculators, each with different motives such as hedging, earning spreads, or profiting from exchange rate movements. The document also discusses speculation in both spot and forward markets, as well as currency arbitration opportunities that arise from rate differentials across different markets.

Author

Anshika Saini

Language

EN