Forex rates, or foreign exchange rates are the rates that one currency is worth when exchanged for another. 1 dollar was worth 0.77 euros in March 2013.
1 US$ = 0.7498 EURO Value changes as per the Forex rates.
The purpose of a Forex trading platform is to bet on the relative values of currency in the "foreign exchange" market. If an investor thinks that the dollar will depreciate (go down in value) in relation to the euro for example, he would make that decision by either investing in the euro or shorting the dollar. He would do this on his online Forex platform
You can use several different types of currency when trading with forex. The five most commonly traded currencies are the United States dollar, the Euro, the Japanese yen, the pound sterling, and the Australian dollar.
About $372, as of Sept. 2013
Forex or foreign exchange rates are the conversion rates between major currencies. These include the US dollar, the Euro, the British pound, the Japanese Yen, the Chinese Yuan and many others.
What is a currency pair?It is a currency against another currency, forex currencies are available in pairs, you cannot sell or only buy one currency, you must buy or sell a currency in another currency and this is the reason behind trading in Forex in pairs.Example:The currency of the European euro against the currency of the US dollar, in the language of traders these two currencies are called "the euro-dollar pair" and the symbol for this pair is EUR / USDSecond: Forex Types and Pairs:Major CurrenciesMinor CurrenciesCross pairs (crosses)Exotic Pairs
A widely traded currency pair is the relation of the euro against the US dollar (EUR/USD).
As of the 3rd of June 2013, the Australian Dollar is equal to 0.75 Euro's. This means that the Australian dollar is more valuable than the Euro in this point in time. Answered By James St Paul
As of March 16, 2014 299 Euro are equal to 3228.89 Hong Kong dollars.
You can trade anything that has some kind of value on Forex. You can trade gold and silver or you can trade stocks and bonds. They are more of a high end trading company on the internet. Forex is designed for trading the various financial markets around the wolrd.You can trade the dollar,or the euro,or several other currencies.
Firstly it is called the Euro not the Euro dollar. The abbreviation is EUR. The symbol is €
1 dollar = 0.8 euro (0.7599 euro) 1 euro = 1.3 dollars (1.3159 dollars)