Trading Currency Blog

Larry R. asked:


I am a newbie to foreign exchange investing. I am not a very good day trader. Are there tradeable instruments to take a longer-term positions (i.e., # of months) on the movement of currencies? Is so, what are they?

RELFORD

westphalia1 asked:


Can an offshore Multi Currency account be used to exchange one currency for another and trade your way up in value? As opposed to actual FOREX trading? Say USD/ISK (iceland Krona)-wait for your initial deposit to go up in value and then invert this to a different pair and keep repeating this procedure? Thanks

ROLLMAN

michaelpc12 asked:


does business with or is it a whole system of average prices for the currencies in question

WEILBACHER

goodguy07 asked:


I am picturing a set it and forget it program that constantly calculates the value of complex currency cycles and automatically executes an arbitrage trade when one becomes available. I understand the window of opportunity on such trades would be very short, is it even possible?

KENNELL

greeneyezopened asked:


My aunt passed away and left me an envelope of foreign paper money she collected. I’d like to know how to get it cashed in for US currency.

BARBERI

Thomas G asked:


There is no need to have floating currencies in the world because global trade is increasing and currency values are reflected in the trade of product, and not trade of currencies, anymore. It also eliminates speculation, which is responsible for ruining people’s lives (like the Asian Financial crisis in 1997/98)

SCHWARTZKOPF