Archive for January, 2009
One a recent trip overseas I discovered just how useful a
currency converter could prove itself, especially when
negotiating contracts, hotel rooms, and even paying the
restaurant bill.
While traveling this year I’ve converted my money into 4
different currencies and, if you’ve ever traveled abroad, you
know you lose money every time you change your money from one
currency to [...]
January 31st, 2009 | Posted in currency rates | No Comments
It is very, very simple: the Forex market can help make all your dreams come true or it can become a total nightmare and bleed you dry. As with anything in life, it helps to have a strategy in place to help guide present and future decisions. For Forex investors, there are a lot of [...]
January 30th, 2009 | Posted in currency rates | No Comments
As you might know, the foreign exchange market is the largest financial market in the world. There are over $1.2 trillion changing hands every single day. Compare that to the $25 billion a day trading volume at the New York Stock Exchange. In fact, it is three times larger than all of the US Equity [...]
January 28th, 2009 | Posted in currency rates | No Comments
How the Stock market functions?
How the share price is fixed in the exchange?
Why the Gold Price are fluctuating every minute? How and who is controlling this?
that's a huge group of questions. they all essentially relate to supply and demand. i'll give you one dollar for your six rupees and a duck. as [...]
January 26th, 2009 | Posted in currency market | 1 Comment
Introduction Today offshore banking is a hot topic of much interest to many living in countries where litigation and confiscation of assets from various sources is a problem. This has caused a large amount of people in various jurisdictions to move their money offshore. We will explore the 10 Largest Myths pertaining to Offshore [...]
January 26th, 2009 | Posted in currency rates | No Comments
Just as you would expect with anyone trading in equities, investors in the Forex market employ strategies to help them invest more successfully. All of these strategies ultimately boil down to one thing: trying to predict which way the currency exchange rates will fluctuate. Predict correctly, up or down, and make a [...]
January 25th, 2009 | Posted in currency rates | No Comments
Credit Cards are a fixture in today’s life. People from all walks of life use them for almost any and every finacial transaction, from paying monthly bills to purchasing items off the shelf at groceries and convenience stores. No matter where a person goes these days, excepting perhaps for the absolute remotest corners of the [...]
January 24th, 2009 | Posted in currency rates | No Comments
An academic study found that the assumption that currency prices follow a random walk is a better predictor than any of the most used models based on macroeconomic data. Later studies (by my PhD Thesis advisor) show that there is some predictability in prices if you have information on order flow.
Bottom line — unless [...]
January 23rd, 2009 | Posted in currency market | 6 Comments
Foreign exchange is an unpredictable market. Foreign exchange is a place where different International currencies are traded on floating exchange rates. There is a daily average turnover of exceeds $1.9 trillion/day in the foreign exchange markets. Many have trusted their Trade indicator Foreign exchange tips and news. However there are people who use software to [...]
January 23rd, 2009 | Posted in currency rates | No Comments
Yen carry trade
Yen carry trade – implies borrowing Japanese yen at low interest rates (0.5%) to finance purchases of high-yielding assets. The investor earns the interest rate spread or “carry” as long as long as interest rates in Japan do not rise (increases borrowing cost) and exchange rates are stable (exchange rate risk if [...]
January 21st, 2009 | Posted in currency rates | No Comments