Cryptocurrency Q&A
Who are the main participants in the foreign exchange market?
Who are the main participants in the foreign exchange market?
HallyuHeroine
Mon Jan 20 2025
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5
answers
1276
I'm trying to understand the foreign exchange market and I want to know who the main players are. Who are the primary participants that engage in currency trading in this market?
5 answers
Riccardo
Wed Jan 22 2025
They utilize the market as a means to regulate and control the money supply.
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CryptoKnight
Wed Jan 22 2025
The foreign exchange market is primarily populated by large international banks.
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Giulia
Wed Jan 22 2025
These banks play a crucial role by continually providing bid (buy) and ask (sell) prices to the market.
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OceanSoul
Wed Jan 22 2025
Central banks are another significant group of participants in the foreign exchange market.
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Claudio
Tue Jan 21 2025
Central banks also aim to manage inflation and interest rates through their activities in the foreign exchange market.
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