This tag is to be used for any question related to rates between 2 pairs of currencies. If the question is generic, only this tag is sufficient. If its specific for a pair of currencies, ideally both the currency tags should also be used.

learn more… | top users | synonyms (2)

0
votes
2answers
20 views

Is there a global index for all currencies?

I've recently found the need to convert USD to CAD, so I just started following foreign exchange rates for the first time. In the past few days, USD/CAD dropped. However, it's hard to tell if CAD ...
3
votes
1answer
67 views

How to buy a house in US from foreign loan

I am a US resident. This scenario involves 3 entities. I want to know what would be the situation (legal and cost) if I can borrow money (complete value of the house Eg: 500 K) from a person or a ...
0
votes
1answer
23 views

How can I send money to someone from India to Pakistan?

I've one friend in Pakistan who did freelance work on a website project. So, I have to pay him for it. But unable to find any gateway.
1
vote
2answers
42 views

How does FOREX trading work? trading vs exchanging

If I was to trade on the foreign exchange market as an individual investor and I bought 100 USD with my 70 GBP. Have I essentially converted my currency similar to exchanging the currency in a bank ...
-1
votes
3answers
65 views

How can an individual trade currency directly and get the market rate?

If i needed to transfer 350000 pound into dollar, i could: 1) Go to bank / airport kiosk and exchange there (crappy rate) 2) Go through a FOREX broker (closer, but is this the official rate?) Or ...
0
votes
1answer
36 views

What currency does inter government debt take place? [closed]

For example If japan borrows from china what currency will it borrow in ?Or if India borrows from Russia what currency will the debt take place in ?
1
vote
1answer
38 views

Nationwide FlexOne internationally

I am planning a trip to Berlin, and I have seen that my debit card has no transaction fees or cash fees for foreign currency, so it is charged at VISA's exchange rate. Are there any costs I'm missing, ...
-2
votes
2answers
111 views

Does it make sense to buy CAD with USD while it's so low? [closed]

I'm wondering what are your thoughts on exchanging USD to CAD since it's so low at the moment. The idea being that if / when the CAD recovers one could see a gain of ~30% Thoughts?
0
votes
1answer
84 views

Why exists the exchange rate between countries? [closed]

To build something of worth needs everywhere the same work and effort. Why is it cheaper for Europeans to purchase abroad?
0
votes
1answer
40 views

Contemplating using MetaTrader to trade on Forex

(Apologies if this is off-topic. I checked through meta and it seems that this should be on-topic.) I have been thinking about using MetaTrader4 programmable trading platform to trade on the Forex. ...
1
vote
4answers
142 views

How to invest in a currency increasing in value relative to another?

I would like to make a mid to long term investment in a currency that i think will rise. The NOK is currently very low due to low oil prices, and i would like to invest in it rising, as it seams ...
-2
votes
1answer
85 views

Extra amount credited to my foreign currency account and mistakenly I spend it. What should I do? [closed]

I deposited some thai baht into my foreign currency account in india which amounts to Rs.250000 but in my account the same amount was credited three times and from different person. My initial deposit ...
0
votes
0answers
14 views

How to understand currency forward rates?

So I am trying to understand future "fair price" currency rates from forward rates as quoted, say, here. To make things concrete, I read: bid ask EURUSD 10Y FWD ...
1
vote
1answer
54 views

Is it possible for US retail forex traders to trade exotic currencies?

I understand that more exotic forex currencies are riskier and have less volume; nevertheless, I am interested in experimenting with them. However, to my surprise, I have been unable to find a ...
2
votes
5answers
176 views

Should a strategy backtested against three years of tick data continue to produce positive results?

Let's say we have a Binary Options 5-minute trading strategy that relies on multiple indicators and exploits price reversals in currency pairs. Now let's say there is a combination of inputs for the ...
2
votes
2answers
47 views

What's the problem with simple EMA-crossover strategies?

I'm looking at charts of bitcoin here: https://bitcoinwisdom.com/markets/kraken/btceur with the option of displaying a short term as well as a long term EMA. It seems to me that if I were to buy ...
1
vote
3answers
71 views

Where should I exchange INR to USD, in India or US?

I am Indian, permanent resident of the US. Years ago, I had loaned some money to my father in India and he now wants to pay it back to me. The amount is worth $300,000 and I am thinking of the best ...
1
vote
1answer
70 views

UK tax self assessment:- how to report currency gains from between when a cheque is issued and cashed?

Can anyone tell me what should happen when a delay between foreign income arising and being converted into sterling results in an extra gain from the exchange rate? For example: A USD cheque is ...
2
votes
1answer
42 views

Currency forward rates

I'm looking at EUR/USD forward rates here: http://www.investing.com/currencies/eur-usd-forward-rates Can someone explain, in very simple terms, what do the bid/ask prices mean? And what is the ...
4
votes
1answer
539 views

How to check the paypal's current exchange rate?

I have paypal account. My base currency is AUD. I want to check the conversion rate for buying a stuff in USD. When I go to payment step they show the actual USD amount and actual AUD that will be ...
2
votes
2answers
51 views

What exchange rate does El Al use when converting final payment amount to shekels?

When buying a ticket online from El Al in Israel, the fares are quoted in USD, but the final payment screen allows you to choose whether to pay in USD or ILS. At the bottom of the page is the ...
1
vote
1answer
37 views

What is the name of the financial service that holds deposits for an exchange? [closed]

I want to set up a fx currency market (the barrier is low in my region). Instead of getting a license to hold customer deposits for trading, I've been told that there are institutions that hold ...
2
votes
2answers
91 views

Which brokers offer trading API for stocks and currency exchange? [closed]

There are some question on StackOverflow: http://stackoverflow.com/questions/744699/real-life-trading-api (2009, closed as off-topic) ...
0
votes
2answers
34 views

How to find EUR/JPY chart for particular date and time

Is it possible to find exchange rates for particular date and time. For example can I find EUR/JPY chart on 30th Oct 2015 at 20:31?
2
votes
5answers
112 views

Events that cause major movement in forex?

US Federal Reserve's FOMC report is one such event I've identified that more often than not has a significant impact on currency pairs adjacent to the USD. And the ECB's interest rate report is ...
3
votes
0answers
49 views

Should I avoid month-end for my foreign salary payments?

I get paid from South African into the UK and get to choose which day of the month I want to be paid. I was wondering whether avoiding month-end might give me a better chance of getting a better rate ...
0
votes
1answer
77 views

How does liquidity affect currency price while trading [closed]

I would like to know what happens to the market when the following situation arises on the GBP/USD currency pair: -Say some big investor sells 100 million pounds but current liquidity in the market ...
2
votes
2answers
74 views

How do I bring money overseas?

I am Australian and am going to Malaysia in a few weeks. Now obviously I would like to bring some money with me so I can buy things like food and the such. What would be the best way to go about ...
0
votes
1answer
33 views

Currency Market Question

I am moving to Europe in March to start a 3 yr university course. I will take 35,000 Australia dollars with me. I am trying to decide how to deal with the exchange rate and would like some help. I ...
1
vote
1answer
104 views

Do live forex signal services work?

I am a relative newbie when it comes to trading the forex markets. So far lost $2,500. Read dozens of books about the topics and tried various methods, but it seems that all the techniques work for ...
1
vote
1answer
103 views

I want to exchange UK Pound for Indian Rupee [closed]

I have a friend in London, recently he has sent a parcel for me including some pound (England Currency ) in that parcel, now how can I exchange it into Indian Rupee ??
0
votes
0answers
20 views

Online service to send a wire transfer in euros from Maldives

I have to send around 3000 euros for a study programme in europe. Right now, it's very difficult to get euros in Maldives but I have the equivalent value in US dollars. What would be the best way to ...
0
votes
2answers
66 views

Can a buy market order be matched with a sell market order in Forex trading?

Should Market-orders be always matched with Limit-orders with best price on the opposite book? Or is there a case scenario where a Market-order could be matched with another Market-order? At which ...
0
votes
2answers
119 views

How does a brokerage firm work?

I'm new to finance, thus please fix me if i misunderstand something. As far as i know, one can get an account on a brokerage firm, and have ability to trade on multiple exchanges. Good use case for ...
1
vote
1answer
58 views

HKD safe for business?

I having been charging my client in USD for last few months. Recently client suggested paying me in HKD. Is HKD a good option as compared to USD when receiving funds? My Native Currency is INR.
1
vote
2answers
56 views

Would every FX currency pair or public stock that is under the 30 level using Relative Strength Index (RSI) be an undervalued pair?

Would every FX currency pair or public stock that is under the 30 level in an RSI indicator be an undervalued pair at that moment (see screenshot)?
-1
votes
2answers
108 views

Forex Market - The Underlying Question [closed]

There's a lot of people out there who trade Forex but I really doubt their understanding of the exact technicalities of the Retail Market e g what e4xactly happens when you trade and how come you can ...
0
votes
1answer
147 views

Going long vs short, mechanisms involved

I am having a bit of an issue with regards to understanding a shortening position. If for instance a currency pair, such as the USDRUB which is trading around 70 RUB/USD right now, or 0.01428(=1/70) ...
-1
votes
1answer
67 views

Forex in General

If I am profiting so much from my broker, how do they gain their profit from? From the other user like me that loss? For example Meta Trader, any of the graph is actually real based on current market ...
1
vote
2answers
60 views

Translating a List of Monthly Payments from One Currency to Another

I have a list of monthly payments in Excel that looks like this: 01/18/2005 340.00 07/25/2005 270.00 05/10/2006 500.00 03/30/2007 730.00 10/01/2007 120.00 If the payment amounts in the second ...
4
votes
2answers
4k views

How exactly does a country devalue its currency? [closed]

OK. So China devalued its currency today. How exactly does that happen? Does some official tell the Foreign Exchange the the new exchange rate for the yuan is 0.98 * the current exchange rate? ...
7
votes
3answers
250 views

What is the cheapest way to move money from the United States to Canada? [duplicate]

I live and work in the United States but I have several loans in Canada that I need to pay on a regular basis, so I'm constantly moving money to Canada. Right now, I have an American Royal Bank ...
1
vote
2answers
2k views

Exchange rates - when to multiply or divide?

Disclaimer: These are hypotheticals, not real exchange rates. When doing exchange rate calculations, is the currency to the left the currency you're exchanging, and the right the one you're ...
3
votes
2answers
165 views

how to withdraw Paypal USD in the United States when I'm on holiday

I've some US dollars in my Irish Paypal account that I want to withdraw when I visit New York on a tourist visa in a month. Is there anyway I can do it direct from Paypal to dollars over there and ...
3
votes
2answers
79 views

How to decide if I should take my money with me or leave it invested in my home country?

I live in Brazil and next week I'm gonna move to Sweden. I'll stay there for the next two years with a scholarship that covers all my living expenses. I have some money here (in BRL) that I won't need ...
1
vote
1answer
63 views

Cheapest USD to GBP transfer [closed]

I have recently returned from a year in the US and have my last month's paycheck sitting in my US bank account (which I have yet to close). I'd like to transfer most of it (say, $4500) into my UK bank ...
0
votes
2answers
238 views

Getting loans from Foreign banks

The interest on bank loans is 10% in India. Instead, is it possible to get loans from USA banks to India at 3.3-4% for a project ? Is this what is called hedging or hedge funds ?
4
votes
1answer
117 views

How do I find the best exchange rate to convert 1 million Swedish krona into Euros? [closed]

I have 1 million SEK in a Swedish bank account which I wish to transfer to my bank account in a country using the Euro. How do I transfer this money so as to avail of the best possible exchange rate? ...
4
votes
2answers
3k views

Investing While the Candian Dollar is really low

I am just Starting to get into investing now that I am the age where I have a Steady job, pension plan and government bonds and a good savings. But with the Canadian Dollar being close to 0.70$ USD it ...
3
votes
1answer
378 views

How much is one “lot” of EUR/USD?

In a foreign exchange market, what is the meaning of buying 1 lot (100K) of EUR/USD? Does that mean we have USD 100K, and we are exchanging it for Euro? Or do we have EUR 100K, and we are exchanging ...