Forex Exchange Blog

James M asked:


My aim is to play the part of a currency trader and to trade different curtrencies to increase the value of the currency I am actually holding.
I have $5 million USD to spend on the following currencies: (I want to use atleast 4 of them)

Euro
Pound Sterling
Yen
Australian Dollar
Hong Kong Dollar
Franc (Switzerland)
Peso (Mexico)
Lire (Turkey)
Krone (Norway)
Rouble (Russia)
Rupee (India)
Baht (Thailand)

I want to make as much money as possible. Which currencies should I buy and why? And when converted back into dollars, how much profit will I make from that currency today.

Use todays forex rates March 5th) on this site if needs be:

http://www.xe.com/ucc

PERSAD

andre77 asked:


For example:
As of right now its EUR/USD 1.39108 If it was to got up lets just say 1.45000. Is that good for the EUR or good for the USD?

Sorry for the noob question I want to get into forex exchanging

KODA

ivan anich asked:


hi, if anyone is working with the FX presently.could you give me a few tip. on it????

KEITHLEY

Jewel1359 asked:


Although it seems there is a relationship between Producer Price Index (PPI) and Foreign Exchange Market, I don’t know how exactly announcing PPI changes the market. Any suggestion?

NICKSON

howard o asked:


We are studying the exchange rates between the indian rupee and the us dollar, as well as gold in terms of each currency

MANSEAU

Roger L asked:


When comments are made regarding the stock exchange/commodoties/forex by these people, is this not defamation of a particular currency of a country /stock and why do investors hinge on every word said by them. It is a known fact that the stock exchange/commodity index/forex cannot be predicted by a single entity ( only speculated) and if can be, then it is criminal by insider trading definitions.

Why are investors so dependant on these people who clearly are just guessing. Gold was set to be currently at an all time high and jet it is almost the opposite.

TALMAN

Bob asked:


How does currency exchange work?

I am comparing a possible benefit compared to using Forex Foreign Exchange software that trade currency.

Is it anything different or is it better to show up at the NYSE or Dow Jone Merchentile trading?

EDGMON

unauthorized asked:


China is supposedly accumulating huge foreign exchange reserves. I wonder why a country which is still poor and in need of infrastructure would lend so much money to the US keeping so many Treasury bonds instead of investing it

SIZER