Forex Exchange Blog

skater4fundude asked:


Earlier this year it would have transferred to about $38,000. Now it only comes to about $28,000. I’ve been waiting and watching the rates drop since October. I can’t see how it could get any worse of an exchange, but could it? Should I transfer out now? Or when does anyone think it will go back close to what it was before? I **** the idea of losing $10,000 for almost no reason, but even $1000 loss is much more acceptable.

I really can’t find any info on the web about this. I’m not looking for FOREX forecast’s here, but any helpful information and insight.

LAMARRE

JTanzo asked:


How to use FOREX? is it easy to learn and is it reliable source of income??? what are the requirements for this?

MCINTEE

JTanzo asked:


How to use FOREX? is it easy to learn and is it reliable source of income??? what are the requirements for this?

DRABEK

ragnarkar asked:


The spot rate for the Swiss Franc has been around 1 to 1.05 francs to every dollar in the past few months, according to Yahoo Finance. When I ask a local Forex dealer to exchange dollar for Swiss Francs, they want $305 for 300 Francs which is quite far from the spot rate (and doesn’t include the service fee.)

I’ve consulted quite a few dealers and they all want more than $1 for 1 Franc. I’ve only looked at dealers and banks in the US.. I’d rather have a few hundred Francs in emergency cash when I arrive in Switzerland to avoid paying the ripoff rates at the airport.

Even though $1 is worth more than 1 Franc, I’m still happy if I can get an effective exchange rate (after fees and royalties) of 1 to 1. Is this possible or am I not looking in the right places?

HEYDEN