Assignment: Write a composition of no less than 500 words where you will elaborate on the foreign exchange topic. Areas to cover are the following: 1. Foreign Exchange Markets 2. Types of Foreign Exchange Transactions 3. Earning Profits in Foreign Exchange Transactions based on bid rate, offer rate, spread, and bank's bid quote. 5. Based on the foreign exchange quotations, explain what is currency depreciation, currency appreciation, cross exchange rate. 6. On the Forward and Futures Markets, explain the nature of the spot market and forward market. Use cover page, table of contents, body of work, conclusion, and references (no less than least three) and connect each inside the body of work.

Assignment: Write a composition of no less than 500 words where you will elaborate on the foreign exchange topic. Areas to cover are the following: 1. Foreign Exchange Markets 2. Types of Foreign Exchange Transactions 3. Earning Profits in Foreign Exchange Transactions based on bid rate, offer rate, spread, and bank's bid quote. 5. Based on the foreign exchange quotations, explain what is currency depreciation, currency appreciation, cross exchange rate. 6. On the Forward and Futures Markets, explain the nature of the spot market and forward market. Use cover page, table of contents, body of work, conclusion, and references (no less than least three) and connect each inside the body of work