The Foreign Exchange Market Form

Instructions and help about The Foreign Exchange Market

hi - Clifford its ac/dc calm we're talking about key concept that you actually have to know it's called foreign exchange in this video to explain the idea of supply and demand for different currencies right and then I talked about the shifters in the next video I want to do is I want you to practice okay figuring out which country's currency appreciates with when depreciate right now it's got two different currencies right this is not products this is currencies right supply and demand for dollar supply man for Canadian dollars alright so US dollars Canadian dollars over here we got to figure out what's the price of an American dollar well it's how many Canadian dollars you get for each US dollars and so it's always the other currency only currency that you're analyzing right we're looking at US dollars this is the quantity of US dollars well it's good old-fashioned demand and supply that gets the exchange rate the exchange rate is how many canadian dollars you get for each american do