Advice in Foreign Exchange

Advice in Foreign Exchange

Course details last updated on the register on 7/11/2011

Course Name

Advice in Foreign Exchange

Course Information

RG146 Generic Knoweldge is a pre-requisite entry requirement for enrolment.

Competencies Covered

FNSASIC503SB Provide advice in Foreign Exchange FNSICCUS506B Determine client requirements and expectations FNSICADV502B Provide appropriate and timely information and advice to clients FNSICPRO502B Conduct research to support recommendations FNSICCUS507B Record and implement client instructions

Award Given at Completion

Statement of Attainment

Specialist Knowledge

Skills, Foreign Exchange



Where Course Delivered

All of Australia

Delivery Method

Computer-based, Distance, Individual assessment, Self-paced, Web-based, Face-to-face

Assessment Type

Examination - open book, Computer based, Case study, Class attendance

Start Date


Duration/Total Hours



Approximate Cost





This course was being offered as at 24 September 2012 when the Training Register was archived.



Lisa Ditchburn

Phone Number

08 9344 4088

Fax Number

08 9344 4188

Email Address


Australia and Foreign Exchange MarketsIntroduction to the Australian financial system and financial markets. Foreign exchange markets. Exchange rates and the Australian dollar. The trading cycle. Foreign exchange financial instruments. Foreign exchange market participants. Foreign exchange dealers and brokers, speculators and arbitrageurs. Regulation of the Australian foreign exchange market. Anti-money laundering and counter-terrorism financing. Foreign exchange and tax. Currency conversion rules. Foreign exchange measures and foreign currency accounts. Accounting for foreign exchange rates. Hedge accounting for foreign currency items and derivatives. Factors which affect foreign exchange ratesDeterminants of foreign exchange rates. Economic conditions. Balance of trade levels and trends. Foreign debt. Economic growth and health. Economic policy, including fiscal policy and monetary policy. Interest rate parity. Government and central bank intervention. Foreign exchange rate modelling. Long-run and short-run factors affecting exchange rates. Other factors which affect foreign exchange rates, including geopolitical conditions and market psychology. The mechanics of foreign exchange tradingForeign exchange trading. Timelines for spot and forward transactions Market makers. Understanding foreign currency trading quotes. Profit and loss considerations. Currency pairings. Trading in spot markets. Fundamental and technical analysisFundamental analysis. Trading fundamentals of the major currency pairs. Trading fundamentals of the minor currencies. Technical analysis. Technical analysis and trading behaviour of the currency majors and minors. Managing foreign exchange rate risk.Defining risk. Managing risk, including identifying and assessing risk, choosing a course of action, implementing a plan of action and reviewing and evaluating the plan.. Hedging foreign exchange rate risk both internally and externally, using forward contracts, currency swaps, options, futures and exchange traded funds.


AAMC Training Group


Jeff Mazzini, Managing Director

Phone Number

08 9344 4088

Fax Number

08 9344 4188

Email Address


Important Notice

This service is provided solely for general information purposes. By provision of the service ASIC does not provide legal or other professional advice. ASIC expressly disclaims any liability arising from use of the service. If you require legal or other expert advice or assistance, you should seek the services of a competent professional person.

Created by the Australian Securities and Investments Commission. Copyright � 2007 Australian Securities and Investments Commission.

Version 2.0

Last updated: 30/03/2021 09:38