exchange rate

Your Questions About Forex Rates

Mary asks… Conservatwits, where in this list of Forex rates do you see evidence of massive currency debasement? http://www.forexpros.com/quotes/streaming-forex–rates-%E2%80%93-majors kenspong answers: There might not be evidence Sandy asks… How does the forex market grow? The average daily turnover in global foreign exchange markets is estimated at $3.98 trillion. It is reported that the forex market […]

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Your Questions About Forex Charts

Susan asks… Any good tool out there to beat the FOREX Market? Trading the FX market is very unpredictable, even more if you lack effective tools (software, charts, etc.) that I know they are out there… kenspong answers: The TED(Tressury Exchange Derivative) spread is good method though some have gone under playing this including some […]

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Your Questions About Forex Rates

Betty asks… What is forex exchange rate? We have an exam tomorrow about exchange rates. I want to know what is forex exchange rate. kenspong answers: Forex came from the word Foreign Exchange. Exchange rate is the conversion rate of one currency into another. Exchange rate usually depends on the local demand of the foreign […]

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Your Questions About Forex Rates

Michael asks… what are the factors affecting forex rate ? What are the factors really affecting a currency exchange rate. Does it have any direct connection with country’s economy.? kenspong answers: 4 factors effect exchange rates. Economic Data, Political Data, Natural Disasters and Acts of war. Of course the other answer here is also correct […]

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Your Questions About Forex Rates

Joseph asks… how can I get forex exchange rates sent to my cell phone, for example rates for USD/CHF?? I used to get alerts sent to my cell phone by yahoo finance. The alerts were time delayed but still it helped me, then Yahoo finance improved their site and now I can not get that […]

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Your Questions About Forex Rates

Nancy asks… where from i can get the most recent forex rate alerts on email or mobile phone in pakistan.? i want to invest in foreign currency but dont have any idea where to start or where from i can get actual and most recent rates. do they update the rates hourly or daily? i […]

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