I’ve been told airports are the worst. Then there are the currency exchange vendors on every block, plus regular banks. Where are the best deals?
I have exchanged money at JFK before visiting Mexico. I also reccomend going to local banks. Almost all banks or exchange bureaus will show their buying and selling rates [...]

The simple answer is the currency market. The market is made up of banks, governments, companies, tourists, anyone (you and I) that exchanges currency. It is simple supply and demand. When demand for one currency against another increases without an increase in supply the market value for that currency increases. When supply increases (ie The [...]

What is profitable trading about? You see, successful profitable trading is all about the right time frame. Are you losing money? YES YOU ARE! They say that 95% of traders lose money. The fact that you are reading this article means that you are still searching for a way to make money trading. At least [...]

I am interested in converting U.S. dollars to Euros, at a later date (say, 6 to 24 months) but like to lock in the current exchange rate. How do I do this, and which financial institutions can help me (banks, online brokerages, etc)?
There are several EFT (Exchange Traded Funds) that are focused on currencies.You can [...]

1. relative inflation between two countries
2. Balance of their balance of trade
3. relative interest rate between two countries
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On a minute by minute basis or long term horizon? Because minute by minute has no reason, its just pure trading. Long term, currency valuations depend on a nation’s inflation, interest rates, economic health, account deficits, trade deficits, etc…. Numerous factors…
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Real addictions are a very grave matter and while trading doesn’t involve the consumption of any substances, there are those that believe that trading is truly addictive. The tremendous emotional rushes that most traders experience both prior to placing a trade and while in the middle of a big winner or big loser are [...]

Why has the Euro and US Dollar rate fallen so much lately against stirling? Is it likely to go up in the near future.? What influences it?
Currencies are just like any other commodities, such as shares, or oil or even frozen orange juice.
When a country is doing badly, it tends to lower interest [...]

I understand that lower interest rates decreases demand for domestic currency from international investors but how does this lead to a lower exchange rate and a weakening of the domestic currency?
It’s been awhile since my econ classes, but here’s my best shot:
When the interest rate is lowered, the cost of money decreases thereby making it [...]

RM1000 = How much in Russian currency in present day?
Russian Rubles.
RM1000=8,852.56 rubles.
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