Answers
I have been asked to find out The Post Office and Thomson (travel agent)'s current foreign currency exchange rate.
I am on work placement working with First Choice Holidays and they have asked me to research this but its very tedious as they said I would have to ring them for some reason but do you know what PO and Thomson's exchange rate is?
For Euro and US Dollar.
Helen C, I found a website of US foreign currency exchanges. http://www.whatisforextrading.com Try visiting one of them and see if they have a service representative that can assist you.
Best site for FX trading TradingForex.Notlong.com forex Foreign Exchange foreign exchange foreign exchange rate foreign exchange rates foreign ...
Where can I find historical foreign currency exchange rates in GRAPH form (i.e. as curves, not tables), not limited to just a few months, but for at least 8-10 years (preferrably all time)?
SDD, thanks, but it has only tables, no graphs?
Thanks, Jurij-EU!
Here is for instance GBP to USD exchange rate history for 5 years:
http://finance.yahoo.com/currency/conver t?from=GBP&to=USD&amt=1&t=5y
Other currencies are in list on a same site.
Just wondering why the crisis in the US is getting worse and the value of the dollar on foreign exchange is going up. Something stinks in the state of Denmark.
.
Who creates foreign exchange rates? Please be specific. Thanks
I do understand that demand and supply determine it. Just wondering demand and supplly from who! And who sets the final ratio.
As the value of things in America go down, foreign countries look to buy up American exports
this drives demand for dollars, which in turn increases the value of the dollar
Landside.
The UK post offices exchange currency and there is absolutely no charge. If you are returning they also take back any you have not used again at absolutely no charge
I am trying to understand the importance of foreign currency exchange rates. Why would economists care that today the dollar converts to x amount of Chinese currency for example? Also why would economist care that today the dollar is stronger or weaker in the same day in different countries such as China, Japan or others?
I am just using those countries as examples, nothing special. I really would like to know.
Thanks in advance
Shifting exchange rates affect the costs of imported and exported goods and services, and hence, the profitability of all kinds of different businesses.
That's the short answer.
If, all the sudden, the dollar gets weaker, we have to trade more of them to get someone else's currency, and then import oil. So gas'd cost more.
If, all the sudden, the dollar gets stronger, the other people have to trade more of their currency to get the same amount of dollars. So it's harder to export, because our stuff is now more expensive to the rest of the world.
Pound Is Poised for Goldman Rally Not Helping Brown
Oct. 26 (Bloomberg) -- The U.K. pound, trading at the cheapest level against the euro in a decade, is making everything from Ipods to Toyotas less expensive for foreigners and turning Goldman Sachs Group Inc. into a sterling bull.
Purchasing power parity, a measure of the relative cost of goods, shows the currency is 22 percent below where it should be, according to data compiled by Bloomberg. Sterling hasn’t been so inexpensive since 1999 after Bank of England Governor Mervyn King flooded the economy this year with 175 billion pounds ($285 billion) buying government bonds to keep borrowing costs from rising as the economy shrinks.
“The U.K. is cheap, its properties are cheap, its companies are cheap,” said Stephen Jen , a money manager at BlueGold Capital Management LLP in London and the former head of foreign exchange at Morgan Stanley. “Friends and family who have visited me always complained about the cost of living in London, but they have since stopped complaining.”
A. Green Forex Blog: Forex terms E-F Letters
Future contracts that engage both sides to an exchange/affair of fiscal instruments, currencies or commodities at a to be to come boyfriend and a cut penalty. Coming contracts are correspond to to remit contacts, but unborn contracts can be traded in the futures markets. Can be against to hedge or speculate against the value of the asset at the expiry season.
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