Foreign Exchange (FX) Market Overview
What you'll learn
- Explore the concepts of Economic Globalization and International Trade.
- Discover how the foreign exchange market is evolving and how it operates.
- Identify the four main categories of foreign exchange market participants.
- Recognize how supply and demand impacts foreign exchange rates and forecasting.
Requirements
- There are no prerequisites and no advanced preparation is required. Please note that CPE credit is not available for this Udemy course. For those interested in earning CPE credit, please visit FXCPE.com.
- You should have an interest in learning about foreign exchange risk management, and a basic understanding of economics will be helpful.
Description
"Globalization has created this interlocking fragility. At no time in the history of the universe has the cancellation of a Christmas order in New York meant layoffs in China." This quote from Nassim Taleb, respected scholar, risk analyst and author of the New York Times best-seller “The Black Swan” highlights how our world economy is more integrated than ever before. At the foundation of this increasing economic globalization is the foreign exchange market, the single largest and most liquid market in the world, which reached 5.3 trillion US dollars in average daily turnover in April 2013.
This information packed FX Market Overview course is designed to help finance and accounting professionals, as well as those interested in or exposed to the foreign currency market, scale the learning curve quickly and easily. The overarching goal of this program is to share the essential knowledge needed to understand the fundamentals of the foreign exchange market, to clarify common misunderstandings, and to navigate this 24/7 365 global market in an efficient and effective manner in pursuit of accomplishing international business objectives.
Would you like to know the many ways Apple is exposed to the FX market? Can you recognize a direct versus an indirect currency quote in the newspaper? Are you interested in how business and government participate in the FX market? Do you want to know how economists use technical and fundamental analysis techniques to forecast exchange rates? Have you wondered how the shift in time zones across major FX centers impacts trading volume and liquidity worldwide? If you are curious about any of these questions, make sure to attend this FX Market Overview program to get answers.
While there are plenty of courses that teach FX trading for the retail investor, this unique program focuses on multinational corporations that are seeking to deliver better currency risk management results to the bottom line. Join foreign exchange industry expert Evan Mahoney, CPA for this 1 hour program as we highlight the major trends and significant factors that are shaping the foreign exchange market. Upon completion of this program, you will clearly see how the currency market plays an incredibly large and important role in the macro-economy, is inextricably linked to economic globalization, and serves as the core mechanism for enabling international trade.
Who this course is for:
- Controllers, Treasurers, Finance Professionals, Accounting Professionals, Financial Analysts, Foreign Exchange Salespeople, Business Consultants & Advisors, Multinational Corporates, Academia, Government, and Non-Profit Employees
Course content
- Preview03:56
- 05:16Explore the concepts of Economic Globalization and International Trade
- Preview13:44
- 14:16Identify the four main categories of foreign exchange market participants.
- 07:48Recognize how supply and demand impacts foreign exchange rates and forecasting.
- 05:27Conclusion
- 3 questionsFX Market Overview Review Quiz w/Feedback
- 5 questionsFX Market Overview Final Exam w/o Feedback
Instructor
![Evan Mahoney, CPA](data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 64 64"%3E%3C/svg%3E){kind=avatar}
- 3.2 Instructor Rating
- 7 Reviews
- 34 Students
- 1 Course
Founder and President of FX Initiative, an independent informational platform focused on foreign exchange. FX Initiative delivers foreign exchange (FX) continuing professional education (CPE), examples and events focused on currency risk management. Our mission is to make complex foreign currency matters simple and manageable by helping corporate treasuries, sales professionals & independent advisors deliver effective currency risk management results in a time efficient manner.
Founded in 2010, FX Initiative works with both Fortune 500 companies and small and medium-sized enterprises (SMEs) to help them understand, identify, assess and mitigate foreign exchange risk. Additionally, FX Initiative has developed and/or reviewed over 500 continuing professional education (CPE) programs from over 100 unique thought leaders in the finance, accounting, and treasury profession. FX Initiative is an unparalleled resource for foreign exchange risk management and continuing professional education.
FX Initiative is registered with the National Association of State Boards of Accountancy (NASBA) in the National Registry of CPE Sponsors under Registry ID 112915, and delivers QAS self study, group internet based, and live training programs. FX Initiative is committed to developing continuing professional education (CPE) programs in accordance with nationally recognized standards, and aims to promote the highest quality and most innovative lifelong learning as it relates to currency risk management best practices.
Prior to founding FX Initiative, Evan worked as an Assistant Vice President in Wells Fargo's national foreign exchange risk management group. He graduated cum laude from the Finance Honors Program at DePaul University in Chicago, and is a licensed Certified Public Accountant (CPA) in the state of Illinois. Evan became interested in foreign exchange while attending international business seminars in Thailand, Vietnam, Spain, Chile, Argentina, and Uruguay, where he met with various foreign governments, businesses and universities.