Trading Currency Blog

Not all who wonder are lost… asked:


I would really appreciate a short discussion on this topic. Thank you all!

GUIDI

M.S. V asked:


On wikipedia it says: A nation with a trade deficit will experience reduction in its foreign exchange reserves which ultimately lowers (depreciates) the value of its currency. Why does a reduction in the foreign exchange reserves lower the value of currency?

BARBARA

andre77 asked:


When you see this symbol does it mean………
euro vs dollar
or
dollar vs the euro?

Sry for the noob question

MCGONIGAL

Stinkbug B asked:


It would seem that would make Oil cheaper if the US Currency fell.

CALK

Angel L asked:


Okay i have this assignment and i have to find out what they used for money and what they traded when jesus was alive. and any good websites will be appreciated muchly. DONT SAY GOOGLE OR WIKI

LOUT

Pelendra asked:


I understand that it has something to do with governments trying to fix exchange rates, but my textbook isn’t making the rest of it clear.

GRIFFITTS

Yousef K asked:


I’ve been hearing bits and fragments about this topic, that started when Iran replaced the dollar with the Euro as it’s foreign trade currency. Some people point out that if that were ever to happen on a wider scale, the U.S economy would collapse due in part to the 7 trillion debt (33% of which is to foreign nations/enterprises) that would have to be paid by a currency the U.S would have to buy instead of just paying in U.S dollars.

I’m not an economist, but I hope that someone with a background on banking/economics would clear it up, away from propaganda, ideology ..etc.

HARTSELL

neway asked:


What are the key historical events and how did it become the world’s most important reserve currency?

BRUM

Bob asked:


How does currency exchange work?

I am comparing a possible benefit compared to using Forex Foreign Exchange software that trade currency.

Is it anything different or is it better to show up at the NYSE or Dow Jone Merchentile trading?

QUERTERMOUS

theMayne asked:


I’m doing a research project on Chinese currency, and I’d like to find some data pertaining to the actual amount of traded Yuan and United States Dollars each day, week, month, and/or year. REFERENCES CRUCIAL!!!!!!!!!!!!!

HARTSFIELD