Tagged Questions
4
votes
1answer
64 views
How do multi-currency bank accounts work? What is the advantage?
I've recently read that banks are offering multi-currency accounts to their business customers. How do they actually work? Is it one bank account and the balance is available in, let's say for ...
1
vote
2answers
203 views
Is it smart to move private (euro) savings to a different currency?
Lately, I'm hearing a lot of talk about the euro's impending demise (I don't know how true that is by the way). And it's making me a little bit worried about my savings.
I don't have a lot of ...
8
votes
1answer
253 views
FOREX: Pair Trading, What is Really Happening?
I am starting to study FOREX again and one thing about trading on the
market through means available to me personally is that one can take
positions on 'currency pairs'. This has made little sense to ...
7
votes
6answers
546 views
How can my friend send $3K to me without using Paypal?
My friend is a paraplegic. He can't go to the bank and wire the money. He used to send money from our partnership via paypal. Now I am banned from paypal. What's the alternative? Google checkout?
I ...
1
vote
2answers
757 views
Do I understand currency exchange rates and bank buy/sell rates?
Preface: I've just run into a bit of an issue with a bank, regarding an international money transfer that I made from the UK (with Lloyds TSB) to Australia (St. George).
The transfer was sent on the ...
11
votes
1answer
156 views
WSJ article about CFDs - am I missing something?
In this WSJ article, it comments
Traders held a net $22.6 billion in bets that the dollar will appreciate, a gain of 31% in net wagers over the previous week and the largest such position since ...
2
votes
2answers
304 views
What's the difference between Currencies and FX desks at investment banks?
I'm interested in working within FX in an investment bank, but I noticed that they listed Currencies and FX separately under Fixed Income, so I'm wondering if they actually refer to different things. ...
6
votes
4answers
437 views
Why don't banks print their own paper money / bank notes?
The fractional reserve system benefits the banks immensely from the documentaries I've been watching recently. However, I began thinking why don't they get into the paper business too?
If you take ...
