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Forex rates depend on the demands and supply to a certain currency/pair.
If the demands to a certain pair is higher than the supply of it the price will rise and vice versa.
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∙ 11y ago
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What are the current Forex rates?
Rates for Forex or foreign exchange change continually since currencies are traded all around the globe including Tokyo, Hong Kong, London, New York and more. Many websites offer Forex rates including Yahoo Finance, Google Finance, Reuters and others.
What is forex trading, and how is it used?
Forex trading deals with the world currencies. Forex actually is short for Foreign Exchange. Countries will trade their currencies to gamble on the current exchange rates. Since the rates change daily and a currency changes in relation to economic conditions and emergencies.
Where can Forex Live rates be found?
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Where can get access to forex rates trends at home?
Most forex websites have their own guides and programmes that will allow you to track trends in forex rates. By simply signing up to a site that has free trials you can test this our for yourself.
Why xe forex rates and bank forex differ?
Just as with any market.. there is a retail and a wholesale sector. The XE Forex Rates caters to the retail markets, and also bear in mind that you will see a few decimal changes between XE and Bank rates. The banks operate in a different segment, which is why the rates differ so much.
What are Forex rates used for?
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.
Who determines forex rate?
Forex rates are determined by a variety of factors. See related links for more information about this.
What is fonofx?
Fonofx is a mobile application which provides live forex rates, metal rates on the move.
What does Fourex trading refer to?
Forex trading refers to an exchange market where currencies are traded. Exchange rates change all the time, so the value of the dollar can go up. Forex trading allows one to make a profit.
What are the rates for using Forex to trade stocks?
The rates for using Forex are going to vary depending on the size of your portfolio and how many certificates you are moving about, there normal trades cost $2.17 per trade.
What was the live Forex rate for the dollar vs euro at March 24 2013?
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.
What companies offer competitive rates on trading money?
There are several companies that offer competitive rates on trading money. Some of them include: XE, Forex Trading, Money Corp, Money Way, and Canadian Forex.
