Foreign Exchange Rate
In investing stock and forex, the value of two currencies and the way they relate to each other is what we call Forex rate. Typically, the Forex rate is the value of one currency that is needed to purchase a unit of another. Learning and understanding the basics of the Forex exchange can and will help you to start understanding even better.
You can use the ratio to indicate on how may dollars can be bought in Japanese yen. Cross rates is anoth Read More...
The Truth About Trade Currency
In finance, the exchange rate (also known as the foreign-exchange rate, forex rate or FX rate) between two currencies specifies how much one currency is worth in terms of the other. The spot exchange rate refers to the current exchange rate. The forward exchange rate refers to an exchange rate that is quoted and traded today but for delivery and payment on a specific future date. This way of trading is different to the futures markets, for exampl Read More...
Forex Exchange Rate - How Does It Get Calculated?
In the Forex market the value of two separate currencies and how they relate to one another is what is known as the Forex exchange rate. Usually the Forex rate is how much of one currency is needed to buy a unit of another. Knowing the basics regarding the Forex exchange can help you get started in understanding it even better.
Just to give you an example of how the Foreign exchange rate can work and to help you better understands it we can co Read More...
More Words and Their Meaning Relevant to the Foreign Exchange Scene
There are many instances when we hear or read numerous words and phrases, but are rather uncertain of their exact meaning. The foreign exchange is only one part of the financial world of many sections, each of which seems to have its own expressions and jargon, as if it was all designed only for those with professional or specialised knowledge of the subject.
Of course, other trades have their own language, like the legal boys for instance.
I Read More...
Foreign Exchange Swaps - Profiting As The Exchange Rate Moves Up And Down
The easiest way to understand just how you can profit from foreign exchange swaps as the exchange rate moves up and down is to look at an example of each. Let's start by considering how you might profit when exchange rates move up.
Let's assume that you believe that the UK Pound is going to rise against the US Dollar and that you can currently buy GBP/USD at 1.9340. Let's also assume that you are trading in standard interbank lots of 100,000 s Read More...