In the FOREX market, you buy or sell currencies. Make a trade in the foreign exchange market is simple: the mechanics of a trade are very similar to those of other markets (like the stock market). So if you have some experience in trading, you should be able to reap gains fairly quickly. The […]
Control the risk Currency trading is risky and, as we have seen, margin trading can greatly expand both positive and negative returns. Forex demands constant vigilance and does not take easily to the human condition that requires time for food, rest, comfort breaks “and recreation. Orders that are executed immediately at current rates are […]
Following the sharp depreciation of the pound in the last 3 months, it is now to make a point about what might happen. Indeed, the pair GBP / USD made a major break with fracture of 1.5270, a level that had supported the course since August 2012 and the analysts aren’t optimistic about the future […]
Pound Currency Pound is the currency in Channel Islands (Alder nay, Guernsey, Jersey, and Sark), Isle of Man, and United Kingdom (England, Great Britain, Northern Ireland, Scotland, Wales, UK, GB, GBR). – Pound is also known as the British pound, the pound in the UK, UKP, STG, the English Pound, British Pound Sterling, and […]
What is the Currency Conversion with a credit card? Conversion of currency with a credit card is an optional service provided specifically for holders of Visa or MasterCard traveling abroad. It allows you to seamlessly benefit from the currency conversion by paying your rent with your card. Usually, the bank that issued […]
An exchange rate is the value of one currency against another. Indeed currency, by definition, has no absolute value, but a value relative to another currency. This is called currency pairs. Exchange rate or a currency trading fluctuates every moment on the Forex market based on supply and demand. It is expressed to four decimal […]
Currency conversion The rate of a currency called the exchange rate of a currency is equal to one currency against another. That is to say on a given day it is the value of a pound in dollar (convert pounds to dollars). This exchange rate is essential for companies that import / export. Indeed, […]
The exchange rate of a currency is the price of one currency expressed in another currency. The exchange rate of the pound against the dollar shows for example how many pounds you can get against the dollar and vice versa. The exchange rate market is one that is established on the foreign exchange markets […]
Exchange rates change depending on several factors: – Economic situation of the country issuing the currency; – Prospects of gain in the financial market of the issuing country; – Speculation pure and simple. First, the dollar has regained some value against the euro, combined for two reasons: – Economic prospects are better in the […]
Types of exchange rates (and currency markets) This rate is – Whether fixed, that is determined by reference to a base currency (usually the U.S. dollar or the euro) by the State issuing currency. The rate can then be modified by a decision of devaluation (or revaluation) of that State, even a parallel market […]