your questions about forex rates
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 […]
Your Questions About Forex Rates
Lisa asks… i am looking for the historical interest rates for the last few years. For forex there is no problem to find t kenspong answers: There are several sites that provide historical interest rates including the Federal Reserve at: http://www.federalreserve.gov/releases/h15/data.htm First Republic Bank also provides a graphing program of historical rates at: http://www.firstrepublic.com/finmkts/historical.asp Donald […]
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 […]
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 […]
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 […]
Your Questions About Forex Rates
Chris asks… what determines exchange rates in forex market? kenspong answers: What Determines Foreign Exchange (Currency) Rates There are number of factors that contribute to changes in Forex rates. Below are some of them. 1. Interest rate movements A rational investor will often look for the best place, in terms of returns, to park their […]
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 […]
Your Questions About Forex Rates
Ken asks… Forex Market Manipulation – How easy is it for Brokers to Manipulate Currency Rates & Feeds? Most of my trades are in the London and New York session. kenspong answers: If you’re dealing with a market maker then it’s quite easy for the broker to manipulate feeds and delay orders. ‘Dealing desk execution’ […]
Your Questions About Forex Rates
Nancy asks… FOREX rates….Brokers ?? does anyone know a good source of how to get information about the forex rates from those Brokers? they got they own deals as we know,and some are reasonable and some are not. thank you kenspong answers: I assume by rates, you mean spreads? Most brokers advertise “no commission” which […]