金融英语课件7概要.ppt

Spot, forward, bid, ask prices There is an almost bewildering variety of foreign exchange markets abound in a number of currencies. In addition, there are diverse prices for these currencies. Virtually every major newspaper, such as THE WALL STREET JOURNAL or THE LONDON FINANCIAL TIMES, prints a daily list of exchange rates. These are expressed either as the number of units of a particular currency that exchange for one U. S. dollar or as the number of U. S. dollars that exchange for one unit of a particular currency. Sometimes both are listed side by side. Copyright ? 2010 Pearson Education,