The foreign exchange market is where currencies are traded. Market participants use forex to hedge against international currency and interest rate risk, to speculate on geopolitical events, and to diversify portfolios, among several other reasons. For example, EUR/USD.įorex markets exist as spot (cash) markets as well as derivatives markets offering forwards, futures, options, and currency swaps. The foreign exchange (also known as FX or forex) market is a global marketplace for exchanging national currencies against one another.īecause of the worldwide reach of trade, commerce, and finance, forex markets tend to be the largest and most liquid asset markets in the world.Ĭurrencies trade against each other as exchange rate pairs.
According to a recent triennial report from the Bank for International Settlements (a global bank for national central banks), the average was more than $5.1 trillion in daily forex trading volume.1 Foreign exchange is the process of changing one currency into another currency for a variety of reasons, usually for commerce, trading, or tourism. J.Forex is a portmanteau of foreign currency and exchange. Key to interrelationship matrix symbols Strong interrelationship Medium interreltionship Weak interrelationship
Key to roof / correlation matrix symbols + Positive / Supporting - Negative / TradeoffĭIRECTION OF IMPROVEMENT TECHNICAL REQUIREMENTS Performance measures Size of range Technical details PLANNING MATRIXĬUSTOMER REQUIREMENTS Easy to put on Comfortable when hanging Fits over different clothes Accessible gear loops Does not restrict movement Lightweight Safe Attractive TECHNICAL PRIORITIES PERCENTAGE OF TOTAL Our product Competitor A's product Competitor B's product DESIGN TARGETSĢ 5 1 3 5 3 5 2 54 81.2 63 23.4 70.2 191.6 98.6 30 9 13 10 4 5 3 6 8 12 31 16 5 4 5 3 4ġ.2 1.4 8.4 22 1.2 1.0 1.2 1.0 1.0 3.0 3 8 Example House of Quality Matrix (Mountaineering Climbing Harness) Dr.
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