FINC495 Week-2 Discussion 3

The market for foreign exchange is the largest financial market in the world with the largest volume of trades occurring in London, UK. Most of the participants in that market are commercial banks. Various countries central banks occasionally intervene in the market. What is the motivation for and intended effect of their intervention? Do you think they are able to achieve their goals? Do you think the introduction of the Euro has had an impact on the market? If so, what kind of effect?

ANSWER WILL BE SENT ON EMAIL.