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

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.

ITO

mcarroll05 asked:


Will someone please recommend a couple of solid blogs that clearly and systematically detail events in the FOREX market place, rationale behind market fluctuations (i.e. Other than spook talk by Trichet about inflation and more along the lines of Yen/Euro carry-trade or why 5.5% unemployment clearly drives declining parity), and solid insight into what is going on.

I have looked over many blogs and haven’t found anything insightful.

HACKWORTH

ricks asked:


I want to buy foriegn currencies already have an idea of which ones. I am not putting in a great deal (maybe $100 sporatically here there, put in over time). Is it a good idea to go to a currency exchange place downtown just buy it let it grow, which it has all indications show it will, even more faster.

Most of those Forex (not bashing any trader or broker, thats just the most popular one that I see) type traders tend to have high minimums just like brokers in order to do business, plus fees. I know that exchangers have fees too, but considering that I cant get into the market any other way, what do you think?
Box815:
Thanks for the insight! I know that I would be up against issues like that, but what are the options, if any, other than doing that not being able to do it at all, using the big currency brokers with high minimums?

GAYLER