Finance → Professional Financial Development Certification → The Foreign Exchange (FX) Market

Introduction to Foreign Exchange (IFX010A)


Description
This course provides an overview of the foreign exchange or currency market. It traces the development of the market since the conference in Bretton Woods after the second world war and discusses the factors that drive exchange rates between currencies. It explains FX quotes and how forward exchange rates are determined.

By the end of this course, you will:
- Understand the role of currency.
- Know some of the factors that influence a country's currency exchange rate.
- Know how to read a FX quote.
- Know how the forward exchange rate is determined for freely traded currencies.

Course Duration: 1.0 hr

Content
  • Module 1: Introduction to Foreign Exchange Market
  • Module 1: Assessment
  • Module 2: FX Quotes
  • Module 2: Assessment
  • Module 3: FX Forward Rates
  • Module 3: Assessment
  • Feedback Survey
Completion rules
  • The course duration needs to be completed in order to gain the CPD hours.
  • Leads to a certificate with a duration: 1 year