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.

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9
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2answers
3k views

How are exchange rates decided for each country?

Currently, EUR/USD is 1.32395. I understand that this means I will require 1.32395 USD to buy 1 EUR. But, how is this rate determined? I also, understand that there are fundamental reasons which ...
6
votes
5answers
3k views

Where can I trade FX spot options, other than saxobank.com?

An FX spot option is a call/put on a FOREX currency pair that has a user-set strike price and expiration date. It's traded over-the-counter and is not a standardized exchange-traded option. If you ...
3
votes
1answer
158 views

Historic prices for currencies, commodities,

In a related topic, someone asked for historic prices of stocks. It was pointed out that http://finance.yahoo.com/ and http://finance.google.com/ feature historic stock prices, downloadable in .csv ...
3
votes
4answers
4k views

What Is The Most Reliable Source For Getting Real Time Exchange Rates?

What is the most reliable and up-to-date source for getting world currency exchange rates?
4
votes
2answers
310 views

Sources or web sites for longer-term economic and financial forecast information?

I was looking for a source of economic and financial forecast information. I have already checked the IMF and the OECD, but they have forecasts up to 2011. Is there something with forecasts up to ...
6
votes
2answers
690 views

Why would a central bank or country not want their currency to appreciate against other currencies?

From Investopedia: Pegged Rates: Pegging occurs when one country directly fixes its exchange rate to a foreign currency so that the country will have somewhat more stability than a normal ...
7
votes
6answers
3k views

Best way to buy Japanese yen for travel?

Going to Japan in about a week, and I'm looking for ways to buy Japanese yen. In Australia, it's pretty nuts. If you exchange money from them, they'll charge you 5-6% above the mid rate of the ...
4
votes
2answers
910 views

Looking for online sources for historical currency data / exchange rates. Recommendations?

Is there any online service that provides (in any format whatsoever) historical foreign exchange rates, with bid/ask values? Intra-day would be preferred, but end-of-day is also of interest.
6
votes
1answer
405 views

Most cost effective way to regularly transfer funds from the US to the UK?

I've recently moved to the US, but I still own a house and a car in the UK so I need to make regular transfers from the US to the UK in order to pay my UK mortgage. Admittedly I've left it a little ...
1
vote
2answers
803 views

What is the most efficient way to pay a student loan in the US from the UK?

The loan is in the United States and can only be paid using direct debit from a US bank account which is already established. However, all earnings are in GBP in the UK. What is the most efficient way ...
6
votes
3answers
311 views

Strategies for saving and investing in multiple foreign currencies

My wife and I are both expatriates and our financial situation is complicated by having accounts in different currencies. A frequent topic between the two of us which accounts are the best for keeping ...
4
votes
4answers
2k views

forward foreign exchange rates

Is there anywhere online I can lookup forward rates for foreign exchange? Preferably this would include historic rates too.
11
votes
6answers
438 views

Online Foreign Exchange Brokerages: Which ones are good & reputable for smaller trades?

I've been recently looking at some of the online (electronic) foreign exchange brokerages out there, mainly out of curiosity. However, swamped by the choice, and despite having a somewhat decent idea ...
6
votes
4answers
1k views

Investing in foreign CDs, is it worth the risk?

I heard Clark Howard talking about foreign currency CDs, and so I looked and indeed their interest rates are much higher than US rates right now (3.75% for a year in Australia). What risks are ...
4
votes
1answer
221 views

Should I change money from Euros (EUR) to Sterling (GBP) before I go away near the end of the year?

I 'have a friend' who is going away traveling towards the end of the year. She has a few thousand Euros which she is going to spend whilst she is away and was asking if she should keep it in Euros or ...
11
votes
4answers
3k views

How do currency markets work? What factors are behind why currencies go up or down?

How do currency markets work? What factors are behind why currencies go up or down? What roles do governments, central banks, institutions, and traders have in the process?