Some facts about FOREX
Forex Introducing Brokers
Beige Book is a gauge of the strength of the economy and not a commentary on the views of Fed members. Occasionally it can move markets if the findings are substantially different from analyst expectations.
Investment management firms (who typically manage large accounts on behalf of customers such as pension funds and endowments) use the foreign exchange market to facilitate transactions in foreign securities.
Quotes using a country's home currency as the price currency (e.g., 0.50593 = $1 in the UK) are known as direct quotation or price quotation (from that country's perspective) and are used by most countries.