The figure given below depicts the foreign exchange market for British pounds traded for U.S. dollars.Figure 22.2

-Because of their greediness, speculators are considered bad for exchange-rate markets.

Question

The figure given below depicts the foreign exchange market for British pounds traded for U.S. dollars.Figure 22.2
 
-Because of their greediness, speculators are considered bad for exchange-rate markets.

Quizplus · Accepted Answer

Speculators are considered bad for exchange-rate markets because their greediness can lead to market volatility and instability.

The Figure Given Below Depicts the Foreign Exchange Market for British