What do currency speculators look for when considering buying a currency?
Q. Based on what I've learned in Macroeconomics, it seems like it would make sense if someone bought the currency of a high exporting country. There is less of this country's currency floating around the world market and thus it will not depreciate in value as much as say the dollar because we run a trade deficit. Am a right for thinking this? Also, would a currency with a low inflation rate also be a good option for earning a profit? Besides these two things, what are other factors that are considered by currency speculators?
Asked by Kevin - Tue Nov 10 00:33:02 2009 - - 2 Answers - 0 Comments
A. A currency speculator is generally a trader, meaning very short-term. Individual traders don't care about Macroeconomics. Banks and hedge funds may, but you're not going to get a lot of answers from them here.
Answered by b2fnow - Tue Nov 10 03:37:46 2009
Q. Based on what I've learned in Macroeconomics, it seems like it would make sense if someone bought the currency of a high exporting country. There is less of this country's currency floating around the world market and thus it will not depreciate in value as much as say the dollar because we run a trade deficit. Am a right for thinking this? Also, would a currency with a low inflation rate also be a good option for earning a profit? Besides these two things, what are other factors that are considered by currency speculators?
Asked by Kevin - Tue Nov 10 00:33:02 2009 - - 2 Answers - 0 Comments
A. A currency speculator is generally a trader, meaning very short-term. Individual traders don't care about Macroeconomics. Banks and hedge funds may, but you're not going to get a lot of answers from them here.
Answered by b2fnow - Tue Nov 10 03:37:46 2009
How does currency trading like Forex work exactly?
Q. I understand that you buy currency in "lots" and depending if they go up or down in value you make in profit or loss. I just don't understand why the currencies are paired like "EUR/GBP". Can someone help me understand the actual process taking place when people trade currency?
Asked by Evan M - Wed Apr 14 17:47:00 2010 - - 4 Answers - 0 Comments
A. In simple word: EURGBP = you have / use EUR to buy GBP, the exchange rates is 1 EUR = xxx GBP
Answered by Davi - Sat Apr 17 20:33:31 2010
Q. I understand that you buy currency in "lots" and depending if they go up or down in value you make in profit or loss. I just don't understand why the currencies are paired like "EUR/GBP". Can someone help me understand the actual process taking place when people trade currency?
Asked by Evan M - Wed Apr 14 17:47:00 2010 - - 4 Answers - 0 Comments
A. In simple word: EURGBP = you have / use EUR to buy GBP, the exchange rates is 1 EUR = xxx GBP
Answered by Davi - Sat Apr 17 20:33:31 2010
What currency will paypal display in your website when outside the US?
Q. Good day. I have a small business and thinking on going online. Im planning to use paypal for my payment scheme, and im just wondering what currency will paypal display in my website. Will it display both USD and Peso (im from the philippines)? Im just wondering, since if the currency shown will only be in dollars, it might turn off some of my customers. Thanks and God Bless!
Asked by Antonio - Thu Nov 8 10:31:01 2007 - - 1 Answers - 1 Comments
A. Well there is PayPal for many countries which means they will display it on your currency. I have a PayPal account made in the States so it is in US Dollars but now I live in Denmark so my account appears in Danish Krone. If I am not wrong there ight be an option to change and choose the currency you want. That might help. Good Luck
Answered by Manzanita - Thu Nov 8 10:38:21 2007
Q. Good day. I have a small business and thinking on going online. Im planning to use paypal for my payment scheme, and im just wondering what currency will paypal display in my website. Will it display both USD and Peso (im from the philippines)? Im just wondering, since if the currency shown will only be in dollars, it might turn off some of my customers. Thanks and God Bless!
Asked by Antonio - Thu Nov 8 10:31:01 2007 - - 1 Answers - 1 Comments
A. Well there is PayPal for many countries which means they will display it on your currency. I have a PayPal account made in the States so it is in US Dollars but now I live in Denmark so my account appears in Danish Krone. If I am not wrong there ight be an option to change and choose the currency you want. That might help. Good Luck
Answered by Manzanita - Thu Nov 8 10:38:21 2007
What determines when a currency has more value than another monetary unit?
Q. What are the factors behind the value of a currency. I understand that the value of the U.S. dollar is always changing in value but what determines when this is more valued or less valued than other currencies? What makes the British Pound the strongest or one of the strongest currencies in the world? I meant to have a question mark at the end of my first sentence.
Asked by Emperor - Thu Apr 23 20:29:32 2009 - - 1 Answers - 0 Comments
A. A number of factors. When currencies are not 'fixed', they fluctuate based on international supply and demand: the relative strengths of the various national economies (GDP, investment, business activity). Currency speculation affects the strength of a currency: investors buy up that currency - betting that it will be stronger in the future, based on the current and projected strengths of national economies. In this case, a currency becomes another commodity (like a car) but currency speculation doesn't create wealth, it only transfers it. When currencies are 'fixed', their strength is tied to a particular resource or product, like gold. So, when that product is worth more, the currency is stronger. This tends to over-inflate the value of… [cont.]
Answered by Joe - Thu Apr 23 21:00:29 2009
Q. What are the factors behind the value of a currency. I understand that the value of the U.S. dollar is always changing in value but what determines when this is more valued or less valued than other currencies? What makes the British Pound the strongest or one of the strongest currencies in the world? I meant to have a question mark at the end of my first sentence.
Asked by Emperor - Thu Apr 23 20:29:32 2009 - - 1 Answers - 0 Comments
A. A number of factors. When currencies are not 'fixed', they fluctuate based on international supply and demand: the relative strengths of the various national economies (GDP, investment, business activity). Currency speculation affects the strength of a currency: investors buy up that currency - betting that it will be stronger in the future, based on the current and projected strengths of national economies. In this case, a currency becomes another commodity (like a car) but currency speculation doesn't create wealth, it only transfers it. When currencies are 'fixed', their strength is tied to a particular resource or product, like gold. So, when that product is worth more, the currency is stronger. This tends to over-inflate the value of… [cont.]
Answered by Joe - Thu Apr 23 21:00:29 2009
What determines whether a currency is strong or weak?
Q. I don't know whether a strong currency would be the more things you can buy with 1 unit of that currency i.e. 1 pound. Or is a strong currency, where you can't buy a lot with one unit. I know when inflation occurs it has a particular effect on the strength of a currency but I cannot remember what, if I had to guess it would probably be that it causes the strength of your currency to decrease.
Asked by College Dropout - Thu Oct 16 12:51:33 2008 - - 3 Answers - 0 Comments
A. Genetics and exercise, usually pumping iron
Answered by El fagguito - Thu Oct 16 13:27:21 2008
Q. I don't know whether a strong currency would be the more things you can buy with 1 unit of that currency i.e. 1 pound. Or is a strong currency, where you can't buy a lot with one unit. I know when inflation occurs it has a particular effect on the strength of a currency but I cannot remember what, if I had to guess it would probably be that it causes the strength of your currency to decrease.
Asked by College Dropout - Thu Oct 16 12:51:33 2008 - - 3 Answers - 0 Comments
A. Genetics and exercise, usually pumping iron
Answered by El fagguito - Thu Oct 16 13:27:21 2008
What currency did Italians use during the Renassiance?
Q. Also, how much would my $100 be worth, if I were to exchange it into that currency? Your help is very much appreciated. Thanks in advance!
Asked by unknown - Sat Feb 14 17:01:34 2009 - - 2 Answers - 0 Comments
A. The Florentine florin had been around for sufficiently long enough to be accepted as stable currency not only in Italy but throughout Europe. Guilders, ducats,crowns were other currencies in use at the time in Italy. You $100 - very roughly - would be worth perhaps 1430 florins in Renaissance Italy, a considerable sum of money for the average person.
Answered by ammianus - Sun Feb 15 01:15:24 2009
Q. Also, how much would my $100 be worth, if I were to exchange it into that currency? Your help is very much appreciated. Thanks in advance!
Asked by unknown - Sat Feb 14 17:01:34 2009 - - 2 Answers - 0 Comments
A. The Florentine florin had been around for sufficiently long enough to be accepted as stable currency not only in Italy but throughout Europe. Guilders, ducats,crowns were other currencies in use at the time in Italy. You $100 - very roughly - would be worth perhaps 1430 florins in Renaissance Italy, a considerable sum of money for the average person.
Answered by ammianus - Sun Feb 15 01:15:24 2009
How do I get foreign currency without visiting another country?
Q. I want to start collecting foreign currency, but I can't afford to visit other countries. I don't know whether this is a stupid question but how do I get foreign currency. Do I just go to the bank? Excuse me if this question is stupid but I am only 16 an I don't know much about it.
Asked by jjamalj - Tue Apr 28 22:48:40 2009 - - 3 Answers - 0 Comments
A. JJ's suggestion to do this through contacts with people who travel is good. Generally, the larger branches of banks have currency exchanges facilities where you can buy foreign money. It isn't necessarily cheap since you can't buy (or it won't be cost effective to buy) just a single small bill usually. You can also check stores for collectibles or coin shops for foreign money.
Answered by conley39 - Wed Apr 29 01:47:40 2009
Q. I want to start collecting foreign currency, but I can't afford to visit other countries. I don't know whether this is a stupid question but how do I get foreign currency. Do I just go to the bank? Excuse me if this question is stupid but I am only 16 an I don't know much about it.
Asked by jjamalj - Tue Apr 28 22:48:40 2009 - - 3 Answers - 0 Comments
A. JJ's suggestion to do this through contacts with people who travel is good. Generally, the larger branches of banks have currency exchanges facilities where you can buy foreign money. It isn't necessarily cheap since you can't buy (or it won't be cost effective to buy) just a single small bill usually. You can also check stores for collectibles or coin shops for foreign money.
Answered by conley39 - Wed Apr 29 01:47:40 2009
Why should $ USD be the trading currency for all our international transaction?
Q. All our international transaction occurs in USD & not in INR. This occurs no matter whom we trade with. For example we buy crude oil from Saudi Arabia, yet we pay them in $ & not in Rial or INR. Why should we use $ in payment, why not INR or some other country be the trading currency. This not the case with India, all over the world they do this. Other dominant currency is euro. But why should international monetory be controled by rich nations, why not it be poor nation. Why should a fate of one country be decided by other country ?
Asked by Dhanasekaran K - Sat Oct 6 13:32:16 2007 - - 3 Answers - 0 Comments
A. Because the currencies you mention are considered "soft" currencies. "Hard" currencies like the U.S. Dollar and Euro are more widely traded on currency exchanges and are more liquid currencies. Also they are a preferred reserve currency because of the large size and stability of their economies. That's why some commodities like oil are bought and sold in $ or Euro, because the people selling the oil prefer $ or Euro.
Answered by dbotts1 - Sat Oct 6 13:52:32 2007
Q. All our international transaction occurs in USD & not in INR. This occurs no matter whom we trade with. For example we buy crude oil from Saudi Arabia, yet we pay them in $ & not in Rial or INR. Why should we use $ in payment, why not INR or some other country be the trading currency. This not the case with India, all over the world they do this. Other dominant currency is euro. But why should international monetory be controled by rich nations, why not it be poor nation. Why should a fate of one country be decided by other country ?
Asked by Dhanasekaran K - Sat Oct 6 13:32:16 2007 - - 3 Answers - 0 Comments
A. Because the currencies you mention are considered "soft" currencies. "Hard" currencies like the U.S. Dollar and Euro are more widely traded on currency exchanges and are more liquid currencies. Also they are a preferred reserve currency because of the large size and stability of their economies. That's why some commodities like oil are bought and sold in $ or Euro, because the people selling the oil prefer $ or Euro.
Answered by dbotts1 - Sat Oct 6 13:52:32 2007
What is the currency accepted in the Dubai International Airport for refreshments and restaurants?
Q. My flight's stopover will be in the Dubai International Airport where in I have to wait there for 4 hours. Which is why I need to know what type of currency is accepted in the airport.
Asked by Skitams - Thu Jun 7 06:13:08 2007 - - 5 Answers - 0 Comments
A. I'm not sure about Euros, but they do take US dollars without any problem, so I am sure that it would be the same for Euros. The only issue is that they will give you change back in their local currency, so make sure you have some small bills with you so that you don't end up with too much foreign money that you can't spend. Money changers are there, but when I last traveled through Dubai, they only changed larger bills. Some of the restuarants and shops also accept credit cards with out any problems.
Answered by Sadiqua - Thu Jun 7 06:25:03 2007
Q. My flight's stopover will be in the Dubai International Airport where in I have to wait there for 4 hours. Which is why I need to know what type of currency is accepted in the airport.
Asked by Skitams - Thu Jun 7 06:13:08 2007 - - 5 Answers - 0 Comments
A. I'm not sure about Euros, but they do take US dollars without any problem, so I am sure that it would be the same for Euros. The only issue is that they will give you change back in their local currency, so make sure you have some small bills with you so that you don't end up with too much foreign money that you can't spend. Money changers are there, but when I last traveled through Dubai, they only changed larger bills. Some of the restuarants and shops also accept credit cards with out any problems.
Answered by Sadiqua - Thu Jun 7 06:25:03 2007
What is the strongest currency in the world?
Q. What is the stongest currency in the world today, the 11th November 2008.
Asked by Playmaker - Tue Nov 11 04:22:59 2008 - - 14 Answers - 0 Comments
A. It's the Kuwaiti Dinar!
Answered by imzy93 - Tue Nov 11 11:24:17 2008
Q. What is the stongest currency in the world today, the 11th November 2008.
Asked by Playmaker - Tue Nov 11 04:22:59 2008 - - 14 Answers - 0 Comments
A. It's the Kuwaiti Dinar!
Answered by imzy93 - Tue Nov 11 11:24:17 2008
What is the best currency pair to run a martingale strategy on?
Q. Hi, I have about $1000 remaining in my forex account. I'm planning to run a simple martingale on my account. I'm aware I'm most likely going lose all my money but hey I've had it in my account for 3 years. Just wondering if any experienced forex trader out there can recommend a good currency pair to run a martingale strategy on? Thanks.
Asked by Fred Docker - Sun Mar 28 00:55:28 2010 - - 6 Answers - 0 Comments
A. Hey there, The best and easiest currency pair to trade is E/U and G/U. This is because these currencies are most trading and are highly liquid. This means that you can purchase and sell it anytime you want. Thanks
Answered by Amna - Mon Mar 29 08:53:56 2010
Q. Hi, I have about $1000 remaining in my forex account. I'm planning to run a simple martingale on my account. I'm aware I'm most likely going lose all my money but hey I've had it in my account for 3 years. Just wondering if any experienced forex trader out there can recommend a good currency pair to run a martingale strategy on? Thanks.
Asked by Fred Docker - Sun Mar 28 00:55:28 2010 - - 6 Answers - 0 Comments
A. Hey there, The best and easiest currency pair to trade is E/U and G/U. This is because these currencies are most trading and are highly liquid. This means that you can purchase and sell it anytime you want. Thanks
Answered by Amna - Mon Mar 29 08:53:56 2010
What is the most favorable currency exhcange rate for the us dollar?
Q. It's my understanding that the us dollar is worth nine times the mexican peso. So if you were to exchange us dollars for pesos, it would increase the value. Is there another currency better suited for such a transaction?
Asked by Marsellus W - Tue Feb 5 22:42:12 2008 - - 2 Answers - 0 Comments
A. 9 pesos would still be worth 1 U.S. dollar, though. At the time of this writing, one U.S. dollar is worth 106.55 Japanese Yen.
Answered by Chris_Knows - Tue Feb 5 22:50:43 2008
Q. It's my understanding that the us dollar is worth nine times the mexican peso. So if you were to exchange us dollars for pesos, it would increase the value. Is there another currency better suited for such a transaction?
Asked by Marsellus W - Tue Feb 5 22:42:12 2008 - - 2 Answers - 0 Comments
A. 9 pesos would still be worth 1 U.S. dollar, though. At the time of this writing, one U.S. dollar is worth 106.55 Japanese Yen.
Answered by Chris_Knows - Tue Feb 5 22:50:43 2008
What is the most stable currency for me to store as cash?
Q. It seems like the dollar is dropping a lot in value constantly, so I am wondering what currency would be the best one to keep as cash in order to avoid big inflation. Is the euro more stable than the dollar?
Asked by hungry hippo - Fri Jan 25 08:52:11 2008 - - 6 Answers - 2 Comments
A. The British pound!
Answered by Ingo - Fri Jan 25 08:55:22 2008
Q. It seems like the dollar is dropping a lot in value constantly, so I am wondering what currency would be the best one to keep as cash in order to avoid big inflation. Is the euro more stable than the dollar?
Asked by hungry hippo - Fri Jan 25 08:52:11 2008 - - 6 Answers - 2 Comments
A. The British pound!
Answered by Ingo - Fri Jan 25 08:55:22 2008
What is the significance of using yams as currency in the book, "Things fall apart" to their culture?
Q. I need this for an essay. Im supposed to be asking what is the significance of using yams(currency) to the Ibo culture. Then I need to make connection to us Americans and how currency is important to our culture as well. Please help me and thank you.
Asked by Brycee Poo - Mon Feb 22 14:24:59 2010 - - 2 Answers - 0 Comments
A. Well I remember the significance of kola nuts but I had to look up yams. "According to Gikan[d]i, the yams represent three things: manhood, prosperity, and control in society. Whenever they are mentioned, or used, they are always as one of these three signs." I'm not a US citizen but do US dollars have "In God We Trust" printed on them? Do they have "I promise to pay the bearer on demand..." Also, dollar bills/paper money = fiat currency, no longer backed by gold. You may want to consider how important that is to US citizens. At the end of the day, the value given to the currency of choice (be it yams, gold/silver coins, shells) is upto those trading with it. Fiat currency is a bit more complicated. Interesting topic considering the… [cont.]
Answered by sheep - Mon Feb 22 14:53:41 2010
Q. I need this for an essay. Im supposed to be asking what is the significance of using yams(currency) to the Ibo culture. Then I need to make connection to us Americans and how currency is important to our culture as well. Please help me and thank you.
Asked by Brycee Poo - Mon Feb 22 14:24:59 2010 - - 2 Answers - 0 Comments
A. Well I remember the significance of kola nuts but I had to look up yams. "According to Gikan[d]i, the yams represent three things: manhood, prosperity, and control in society. Whenever they are mentioned, or used, they are always as one of these three signs." I'm not a US citizen but do US dollars have "In God We Trust" printed on them? Do they have "I promise to pay the bearer on demand..." Also, dollar bills/paper money = fiat currency, no longer backed by gold. You may want to consider how important that is to US citizens. At the end of the day, the value given to the currency of choice (be it yams, gold/silver coins, shells) is upto those trading with it. Fiat currency is a bit more complicated. Interesting topic considering the… [cont.]
Answered by sheep - Mon Feb 22 14:53:41 2010
How can i judge a real or fake currency note of dollar?
Q. Some time, during purchase i wonder that I am carring a fake currency note of dollar, I don't know it is real or fake. Is there anybody who can tell me this is real currency note? I feel this problem when I am abroad at currency exchange centers. And could not find a USA bank branch nearby.
Asked by Maggie - Fri Feb 24 04:08:22 2006 - - 3 Answers - 0 Comments
A. Buy a Money Tester Pen. If it's Amber is genuine. If it's Dark is suspect. They are widely used in currency exchanges.
Answered by Frank Castle - Fri Feb 24 17:59:18 2006
Q. Some time, during purchase i wonder that I am carring a fake currency note of dollar, I don't know it is real or fake. Is there anybody who can tell me this is real currency note? I feel this problem when I am abroad at currency exchange centers. And could not find a USA bank branch nearby.
Asked by Maggie - Fri Feb 24 04:08:22 2006 - - 3 Answers - 0 Comments
A. Buy a Money Tester Pen. If it's Amber is genuine. If it's Dark is suspect. They are widely used in currency exchanges.
Answered by Frank Castle - Fri Feb 24 17:59:18 2006
Where do I find good currency charts for Forex?
Q. I'm loking for currency charts to keep up on a separate monitor. I've found one site with just charts so far, but I'm looking for something just a bit easier on the eyes. What's MT-4? oh I see - that's an idea
Asked by Lobster Dinosaur - Mon Dec 4 22:18:33 2006 - - 4 Answers - 0 Comments
A. I make my own using EOD downloaded data. Just import into Excel or any charting software. That way I can apply my own paremeters and indicators to the data. Most of the online charts are really poor in quality and lack the ability to do much analysis. If interested in raw data download try one of these...
Answered by greekfire - Mon Dec 4 23:43:52 2006
Q. I'm loking for currency charts to keep up on a separate monitor. I've found one site with just charts so far, but I'm looking for something just a bit easier on the eyes. What's MT-4? oh I see - that's an idea
Asked by Lobster Dinosaur - Mon Dec 4 22:18:33 2006 - - 4 Answers - 0 Comments
A. I make my own using EOD downloaded data. Just import into Excel or any charting software. That way I can apply my own paremeters and indicators to the data. Most of the online charts are really poor in quality and lack the ability to do much analysis. If interested in raw data download try one of these...
Answered by greekfire - Mon Dec 4 23:43:52 2006
If i invest in older us currency now and buy stuff off ebay at cheap prices is this a good investment?
Q. Say compared to stocks and other things. How much does old united states currency go up per year %.
Asked by Cicipris300 - Tue Mar 18 22:45:26 2008 - - 2 Answers - 0 Comments
A. <<>> Older U.S. currency, like other collectables, sometimes is a good investment, but not always. As a general rule the more expensive items are likely to see larger percentage price increases than less expensive items. <<>> In general the percent gain per year is less than you would get from stocks unless you own some of the rarer items. For example, if you sold a 1928 series $1,000 bill in good condition to a retailer, he would probably pay you about $1,200 for it. That is an increase of 20% over 80 years, or 0.25% a year… [cont.]
Answered by zman492 - Tue Mar 18 23:29:16 2008
Q. Say compared to stocks and other things. How much does old united states currency go up per year %.
Asked by Cicipris300 - Tue Mar 18 22:45:26 2008 - - 2 Answers - 0 Comments
A. <<
Answered by zman492 - Tue Mar 18 23:29:16 2008
How does the currency of a particular country fluctuate?
Q. how does currency fluctuate? why do peole say that china fixes the value of its currency and how does it help china's exports?
Asked by rahulram18_in - Tue Apr 18 13:30:48 2006 - - 4 Answers - 0 Comments
A. Depends on a variety of economic factors. Every country has its own reasons for fluctuations.
Answered by Ole Ole - Tue Apr 18 13:38:25 2006
Q. how does currency fluctuate? why do peole say that china fixes the value of its currency and how does it help china's exports?
Asked by rahulram18_in - Tue Apr 18 13:30:48 2006 - - 4 Answers - 0 Comments
A. Depends on a variety of economic factors. Every country has its own reasons for fluctuations.
Answered by Ole Ole - Tue Apr 18 13:38:25 2006
How much they usually charge for currency exchange at the airports?
Q. I'm travelling to Brazil, and not sure how the exchange works. I am advised to exchange my money at a jewelry store, but don't know any nearby the place I'm going to. Do the jewelries store really accept currency exchanged?
Asked by Anon - Mon Mar 16 02:01:28 2009 - - 3 Answers - 0 Comments
A. The airports don't charge any extra just whatever the exchange rate is. I've noticed though that the airport rate is usually a little lower. You can often get a higher rate at the hotels or closer to your location. Just wait and see if you can exchange at your hotel, if not they can usually advise you where to go. Make sure that you are aware of what the current rate is so you know if the rate they quote is a fair one.
Answered by ctelly22 - Mon Mar 16 08:17:32 2009
Q. I'm travelling to Brazil, and not sure how the exchange works. I am advised to exchange my money at a jewelry store, but don't know any nearby the place I'm going to. Do the jewelries store really accept currency exchanged?
Asked by Anon - Mon Mar 16 02:01:28 2009 - - 3 Answers - 0 Comments
A. The airports don't charge any extra just whatever the exchange rate is. I've noticed though that the airport rate is usually a little lower. You can often get a higher rate at the hotels or closer to your location. Just wait and see if you can exchange at your hotel, if not they can usually advise you where to go. Make sure that you are aware of what the current rate is so you know if the rate they quote is a fair one.
Answered by ctelly22 - Mon Mar 16 08:17:32 2009
What effect does devaluation have on a nation s currency?
Q. What effect does devaluation have on a nation s currency? Can you think of a country that has devaluated or revaluated its currency? What have been the results?
Asked by lil_american_chic2121 - Sat Jan 26 23:18:43 2008 - - 1 Answers - 1 Comments
A. I think of one qualifying currency, and that is The Japanese Yen. Note it is also true the Yuan of China is also pegged, until recently to the U.S. dollar. So as dollars dropped in value, the Yuan does too. It is also true that Yuan is kept artificially devaluated as its economy heats up, with Yuan pegged to the dollar relatively it would not swing up in value. Qualitatively... the results are Japanese yen -a carry trade and cheap borrowing rates (currently at .5% and some people use that rate to gamble their housing mortgages. (its alot cheaper than other countries interest rate) - that yen has been cheap as you can borrow as much as you need very cheap , so its supply is abundant coming from the central bank and its associated… [cont.]
Answered by college student - Sun Jan 27 00:11:28 2008
Q. What effect does devaluation have on a nation s currency? Can you think of a country that has devaluated or revaluated its currency? What have been the results?
Asked by lil_american_chic2121 - Sat Jan 26 23:18:43 2008 - - 1 Answers - 1 Comments
A. I think of one qualifying currency, and that is The Japanese Yen. Note it is also true the Yuan of China is also pegged, until recently to the U.S. dollar. So as dollars dropped in value, the Yuan does too. It is also true that Yuan is kept artificially devaluated as its economy heats up, with Yuan pegged to the dollar relatively it would not swing up in value. Qualitatively... the results are Japanese yen -a carry trade and cheap borrowing rates (currently at .5% and some people use that rate to gamble their housing mortgages. (its alot cheaper than other countries interest rate) - that yen has been cheap as you can borrow as much as you need very cheap , so its supply is abundant coming from the central bank and its associated… [cont.]
Answered by college student - Sun Jan 27 00:11:28 2008
From Yahoo Answer Search: 'currency'
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Thu, 22 Jul 2010 11:46:20 GMT+00:00
Reuters I think this is a risk-driven move," said Paul Robson, currency analyst at RBS. At 1130 GMT, the dollar was trading down around 0.8 percent versus a ... FOREX-Euro rallies vs dollar as data revives risk appetite Reuters Dollar Trades Near to Seven-Month Low Against Yen on Signs U.S. Is Slowing Bloomberg Wavering Euro Makes Store Owners Do The Math npr marketWatch - BusinessWeek - Wall Street Journal
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hu, 29 Jul 2010 22:31:33 GM
Article courtesy of Xtreme Pip Poacher First you can use backtesting. Here you take your system and work out on paper how well it might have done on the recent historical market, ie Backtesting should give you an idea of whether a ...
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