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FX Markets Explained: How FX Works
32 students
Created byEric Kang
Last updated 12/2025
English

What you'll learn

  • This is an introductory course to provide a comprehensive understanding about financial markets, instruments and institutions.
  • This module covers a broad range of topics necessary to understand financial markets.
  • The students are expected to understand the basics of financial markets and systems.
  • The students can apply their learning to understand the real financial market situation or to study more advanced topics in finance.

Course content

2 sections5 lectures1h 17m total length
  • Welcome to Financial Markets: Foreign Exchange Markets Course!2:02

Requirements

  • Calculus
  • Some prior finance knowledge is a plus but not required.

Description

This module forms part of the full course “Master Financial Markets: From Basics to Advanced”. It is designed to provide learners with a clear and structured foundation in financial assets, financial markets, and financial institutions. Students who find this overview valuable are encouraged to continue with the full course, where each topic is explored in greater depth and applied to more advanced financial concepts.

Many students who started with this batch of lectures shared similar feedback. They said the material was understandable and explained well, even when the concepts initially felt challenging. They also appreciated the interesting real-world examples and practical knowledge provided in the lectures, especially how the topics were linked to what was happening at the time. For many learners, seeing others gain clarity and confidence from these lectures made the decision simple—if it worked for them, it’s worth trying too.

In this batch, we focus on foreign exchange markets, one of the most dynamic areas of global finance. You’ll learn how currencies appreciate and depreciate, and how these movements affect exports, imports, and international trade. We break down spot and forward exchange rates, so you understand both immediate and future currency transactions.

We also explore long-run exchange rate behavior, including the Law of One Price and Purchasing Power Parity, showing how prices across countries influence currency values. Then, we cover short-run exchange rate dynamics, such as interest rate parity, and how domestic and foreign interest rates, along with expected currency movements, determine exchange rates.

Many learners have told me that understanding foreign exchange markets through these lectures gave them the confidence to interpret currency news, analyze market trends, and grasp the impact of exchange rates on business decisions. If others with no prior experience can gain this clarity and confidence, you can too.

Let’s get started.

Who this course is for:

  • Beginner-level finance learners.
  • Intermediate-level finance learners seeking solid foundational knowledge in finance.
  • Advanced-level finance learners seeking more intuitive and structured knowledge of finance.