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Investment management firms (who typically manage large accounts on behalf of customers such as pension funds and endowments) use the foreign exchange market to facilitate transactions in foreign securities. For example, an investment manager bearing an international equity portfolio needs to purchase and sell several pairs of foreign currencies to pay for foreign securities purchases.

Hedge funds as speculators

About 70% to 90%[citation needed] of the foreign exchange transactions are speculative. In other words, the person or institution that bought or sold the currency has no plan to actually take delivery of the currency in the end; rather, they were solely speculating on the movement of that particular currency. Hedge funds have gained a reputation for aggressive currency speculation since 1996. They control billions of dollars of equity and may borrow billions more, and thus may overwhelm intervention by central banks to support almost any currency, if the economic fundamentals are in the hedge funds' favor.

Central banks

National central banks play an important role in the foreign exchange markets. They try to control the money supply, inflation, and/or interest rates and often have official or unofficial target rates for their currencies. They can use their often substantial foreign exchange reserves to stabilize the market. Milton Friedman argued that the best stabilization strategy would be for central banks to buy when the exchange rate is too low, and to sell when the rate is too high—that is, to trade for a profit based on their more precise information. Nevertheless, the effectiveness of central bank "stabilizing speculation" is doubtful because central banks do not go bankrupt if they make large losses, like other traders would, and there is no convincing evidence that they do make a profit trading.

Market size and liquidity

The foreign exchange market is the largest and most liquid financial market in the world. Traders include large banks, central banks, currency speculators, corporations, governments, and other financial institutions. The average daily volume in the global foreign exchange and related markets is continuously growing. Daily turnover was reported to be over US$3.2 trillion in April 2007 by the Bank for International Settlements. [2] Since then, the market has continued to grow. According to Euromoney's annual FX Poll, volumes grew a further 41% between 2007 and 2008.[3]

The foreign exchange market is unique because of

its trading volumes,
the extreme liquidity of the market,
its geographical dispersion,
its long trading hours: 24 hours a day except on weekends (from 22:00 UTC on Sunday until 22:00 UTC Friday),
the variety of factors that affect exchange rates.
the low margins of profit compared with other markets of fixed income (but profits can be high due to very large trading volumes)
the use of leverage

Forex

The foreign exchange market (currency, forex, or FX) trades currencies. It lets banks and other institutions easily buy and sell currencies. [1]
The purpose of the foreign exchange market is to help international trade and investment. A foreign exchange market helps businesses convert one currency to another. For example, it permits a U.S. business to import European goods and pay Euros, even though the business's income is in U.S. dollars.
In a typical foreign exchange transaction a party purchases a quantity of one currency by paying a quantity of another currency. The modern foreign exchange market started forming during the 1970s when countries gradually switched to floating exchange rates from the previous exchange rate regime, which remained fixed as per the Bretton Woods system.

Money

Money is anything that is generally accepted as payment for goods and services and repayment of debts.[1][2] The main functions of money are distinguished as: a medium of exchange, a unit of account, a store of value, and occasionally, a standard of deferred payment.[3][4] Money is an abstraction, idea or concept, token instances of which are the physical bills or coins which are carried and traded.
Money originated as commodity money, but nearly all contemporary money systems at the national level are fiat money systems.[3] Fiat money is without value as a physical commodity, and derives its value by being declared by a government to be legal tender; that is, it must be accepted as a form of payment within the national boundaries of the country, for "all debts, public and private". By law, the refusal of a legal tender (offering) extinguishes the debt in the same way acceptance does.[5] Some bullion coins such as the Australian Gold Nugget and American Eagle are legal tender, however, they trade based on the market price of the metal content as a commodity, rather than their legal tender face value (which is usually only a small fraction of their bullion value).[6][7]
The money supply of a country is usually held to consist of currency (banknotes and coins) and demand deposits or 'bank money' (the balance held in checking accounts and savings accounts). These demand deposits usually account for a much larger part of the money supply than currency.[8][9] Bank money is intangible and exists only in the form of various bank records. Despite being intangible, bank money still performs the basic functions of money, as checks are generally accepted as a form of payment and as a means of transferring ownership of deposit money.[10]
More generally, the term "price system" is sometimes used to refer to methods using commodity valuation or money accounting systems.

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How can i concentrate on my studies?

You must train yourself. As soon as you think about something else, immediately change your thought on your studies. Keep doing this over and over. I like to put a small sign on my hand with pen and whenever I see that it reminds me to think about my studies and get back on it.

Prep your mind to concentrate. It's like warming up before a race.

As another person said, exercise is good to help concentration, a little light exercise before going to work, or even just a brisk walk around the block when you get there before entering the building.

There was also a recent study that school kids did much better at concentrating in class when they chew gum. If there isn't a rule against it at work, you could try chewing sugarless gum and see if it improves your focus.

I've also used an exercise before things I have to concentrate on called "magic key". It's just a little game that gets you focused and can calm your mind and help concentrate. You tie a key or a ring or a pendant on the end of a string, and dangle it above a surface and concentrate on it. You try to make it swing in a particular direction with your mind. After a minute or so the key starts swinging in the right direction - but not really by magic. It just seems that way. Your body just responds to your mind in subconscious ways.

Start out slow. Make an out line about what topics you would like to cover in what paragraphs for your report. Then, find a quiet place to study. If you don't have a library near by, then sit in a room that you find very plain. That way, you don't have anything to distract you. Don't listen to music, unless its at a very low volume. Also, don't sit somewhere where people will walk by. Tell family members not to bother you and put on some outside noise blocking headphones. This way you should be able to hear only your thoughts and focus on your paper.

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ONLINE UNIVERSITY

What is the difference between an online degree and one from a brick and mortar university?

Is the school accredited? will it's courses be accepted at other universities? If not, don't waste money and time on a worthless degree.

Say you get such a degree, then decide to go on and get additional schooling, only to find out nothing you took will be accepted at a university.

Many real, brick and mortar universities offer a few online degree programs. Those are the real thing and would be the better option, assuming the brick university is accredited.

As for employers, say they want a nurse and your degree is entirely on line... where is the clinical experience and if the school is not accredited by the state, the training won't get you the job.

There are a number of fake universities offering these type programs. Check and double check their credentials.

i think its not about the online or un-online university, but it depends on your results and your experiences.however, there's also the opinion that people will looke higher on certain popular university.but what makes you accepted is the way you handle your resume and interview.make it outstanding, not like the usual ones...better yet..send some videos.the company that you want to join will soon forget where you're from, instead appreciate you for ur specialties and skills.

Depends on how fancy and important sounding the schools are (:

I've heard of people putting fake schools on their resume.

I would have to say that graduating from an actual "brick and mortar" University would be viewed more highly by potential employers. Online colleges are not well-known or well-established, enough. Also, there is the potential that the "online degree" may be phony.

It depends on whether or not either of the universities are accredited, and how both of their reputations are. If the company has previously hired someone from either university, and that person had no idea what was going on, then they probably wont hire another person from that university.
One thing that "brick and mortar" universities offer, that online ones dont, is hands-on experience, which is highly viewed when going for a job. Something that might counteract that is job experience in the field that your degree is in from the onlin university.
My reccomendation as a college student is do all the possible courses online that at the basics, and then go to a traditional university for the rest of the courses, that way you had the benefit of staying at home and working while doing some of the courses, and the hands-on experience from the others. Good Luck!

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