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What else can I help you with?
What is an Fx trader and what is it used for?
"The FX trader is the Foreign Exchange Market and it's used for trading currencies. Banks, corporations, governments, and investors are the traders who use it."
Who would use foreign exchange trading?
Foreign exchange trading is done on the foreign exchange market and allows for conversion of currency. Participants include banks, corporations, and speculators.
Discuss how companies use foreign exchange?
Companies enter the foreign exchange market to facilitate their regular transactions and or to speculate
Can you use a foreign quarter in the US?
NO, but can exchange at current rate for US.
What is a foreign exchange spot rate?
The foreign exchange market is the made up of 2 components. First the Spot rate. This is the exchange rate at the present time. The spot rate on FX changes every second and is constantly updating. Second is the Future rate. This is the rate for the currency at a predetermined time in the future. This could be hours, days, month, years, etc. Some traders use the futures rates as an indication of future trends in the currency's price.
You have an Irish 20 can you exchange it in a bank?
You would be better off exchanging it at a foreign exchange centre, though it depends what bank you use.
Where can one find the best exchange rate for foreign currencies?
When looking for the best exchange rate for foreign currencies, it is best to adopt certain payment strategies. A few great methods for finding the best exchange rates for foreign currencies is to haggle with the local people, use debit and credit cards, and know your banks and other banks exchange rates.
Convert 45k Australian dollars to SA rand?
i use to work in the foreign exchange department at bank one, call a major bank and ask for the foreign exchange department and they will help you.
Define foreign exchange?
Foregn Exchange is the terms that use in converting one currency to other currency with in a floor or counter permited by authority of Government Agencies.
What are some Forex trading systems that work for small businesses?
Foreign Exchange trading systems is widely used by both large corporations and small businesses or independent traders. One Forex trading account can be set up online at FX Bootcamp or Forex Club, along with training in its use.
What is the best foreign exchange currency calculator to use?
There are many foreign exchange currency calculators to be found on various websites and a search of these will find one to your personal preference. They are available at Go Currency, XE, and the RBC Royal Bank websites.
What is the purpose of the foreign exchange market also know as the forex?
The foreign exchange market offers a variety of advantages, such as allowing geographical dispersion and the fact that it offers its services almost 24/7, meaning it is available almost all the time for people to use. It also affects exchange rates due to a range of factors.
