eurocurrency

How Does The Eurodollar System Work?

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How Does The Eurodollar System Work? The eurodollar market is one of the world’s primary international capital markets. They require a steady supply of depositors putting their money into foreign banks. … The transactions usually start on the same day they are executed, with money paid between banks via the Fedwire and CHIPS systems. What

Is The Foreign Exchange Market Efficient?

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Is The Foreign Exchange Market Efficient? If market participants are risk neutral, their expectations are rational, cost of transactions are zero and the market is competitive, then the foreign exchange market is efficient in a sense that the expected rate to speculation in the forward exchange rate market is zero. Is foreign exchange really helpful