Archive for June, 2009

Is there a way to get Excel 2008 to live update with currency exchange rates on my mac?

i see there is software out there to sync excel up with currency exchange rates on PC but nothing for my mac? help please?
There is an Applescript online that might work for you. Have not tried it but I was told about it by a friend. It's called Live Exchange Rate 1.01.
Here's the [...]

Go Global by Investing in Foreign Currencies

Since the dollar has fallen from 2002 many investors have opened their eyes to opportunities in foreign currency trading. Trading currencies can be strenuous as it is a 24 hour market and is always open somewhere. Here are a list of advantages for those considering currency trading:-
1. Market Size
It is after all the largest [...]

How can the currency exchange rates be calculated?

How can the currency exchange rates be calculated? and on which parameters does it depend?
For example, Kwaiti Dinar has the highest currency value (1 Kuwaiti Dinar = 3.79176 U.S. Dollars), does that mean Kwait's economy is stronger than the U.S.? or the exchange rates are measured upon factors other than economy?!
Don't let the numerical exchange [...]

How do you get the best exchange rates on currency ?

My last trip to Europe was 5 years ago. I was told at the time the rate of exchange at the airports in Europe was a rip off. So I ordered by currency from a local bank, which claimed to "waive" the fee. After watching the rates until they were what I [...]

How are the currency exchange rates set?

What makes the currency exchange rate go up and down and who sets them? Thanks.
No-one sets them – the price is decided on supply and demand. Its the same as anything – if everybody is selling eggs and there are too many eggs for sale, the price goes down and vice versa.
Exchange Rate [...]

Why there are difference in the currency rates on different finance websites?

Let's say I want a accurate exchange rate between Euro and USD. I might use google fincance and yahoo finance. But at the end of the trading period there seem to be two different exchange rates posted.
http://finance.google.com/finance?q=EURUSD
http://finance.yahoo.com/currency/convert?amt=1&from=EUR&to=USD&submit=Convert
All you see there is that the first one rounded up. They are the same essentially. It's [...]

Investing in Foreign Currencies – the Forex

Building a diversified portfolio gives you a lot more stability with your investments and enables you to keep on the profit side of things more easily. But if you already have a rather diversified portfolio and think you are now rather knowledgeable of the stock market, then you may be ready to expand your investments [...]

Hold ‘em Or Fold ‘em: Tips On Managing Foreign Investments

A successful baseball manager knows when it is time to pull his starting pitcher out of the game and bring in his ace reliever. A good poker player knows when to get up and leave the table with his winnings after the cards start going against him. A top boxing trainer knows that sometimes it [...]

Guidelines to a Perfect Link Exchange Scam

Do you hate Link exchange spam as much as I do? All these link swap requests you get every day asking you to link to online casino or pharmacy websites in exchange for a link from some link farm? Link exchange scam is an interesting theme for a study per se and still awaits its [...]

How are currency exchange rates calculated?

The US Dollar is declining in value against the British Pound and the Euro, but the decline versus the Euro is greater.
If US interest rates are reset lower, I am told that the value of the Dollar versus the other currencies declines further.
These exchange rates are calculated to four decimal places, indicating significant precision.
If the [...]