1
vote
1answer
40 views

Is EUR/USD exchange rate usually unstable after a weekend?

Is it risky to initiate a wire transfer that includes currency conversion from USD to EUR during a weekend because of a volatile Mondays exchange rates?
3
votes
1answer
68 views

How can I pay off my school loans (denominated in dollars) with Euros without an exchange fee?

I will soon begin earning an income in Europe and paying off school loans in the U.S. Any way to do this without paying an extra exchange fee?
4
votes
1answer
63 views

How does the fluctuation in the foreign exchange market occur at the same time in all countries?

How does the fluctuation in the foreign exchange market occur at the same time in all countries? For example: If the U.S. Dollar depreciated, does it — and how — get automatically ...
1
vote
1answer
133 views

What is the most efficient way to transfer money from the UK to a US account also in my name?

I am leaving for the states in around a months time and upon arrival I will be opening a US account. I'm a student and so will be sending around £2,500 each term to the US account from funds that are ...
1
vote
1answer
72 views

Most expeditious way to convert EUR to USD?

I recently visited Frankfurt for a week and was lucky enough to have in my possession: a) A credit card with no foreign transaction fees b) A debit card from a credit union that allows free global ...
0
votes
2answers
571 views

Why EUR price value is often the same as original USD price, but GBP value is correct?

Since the very beginning of accepting EUR payments in 2002 I often see there is the same EUR price value as original USD price. Many international suppliers, stores, e-shops offer the same stuff in ...
8
votes
2answers
236 views

Should I do my budgeting in dollars?

I'm from India and earn in Indian Rupees. Should I do the math on my finances in USD? The reason I ask this question is because INR lost value recently - quite a bit. So, for example, would it be ...
0
votes
1answer
88 views

Can a non-Chinese private investor bet on Chinese Yuan Renminbi (CNY) going up vs. USD?

Is it possible for a non-Chinese private individual investor to bet on the Chinese Yuan Renminbi (CNY) going up against the U.S. dollar ?
1
vote
1answer
791 views

Hedging a foreign currency purchase (INR/USD) for a real estate transaction?

I'm looking to purchase a property in India, where the local currency is INR. My earnings are in USD. My down payment on this property will be in the range of 100-200k USD. The USDINR exchange rate ...
5
votes
2answers
246 views

How is buying a Canadian mutual fund also priced in U.S. dollars different from the plain fund?

Many Canadian banks (e.g. TD Canada Trust) split the same mutual fund into two options, one linked to the Canadian dollar and one linked to the US dollar. For example, the TD U.S. Index and the TD ...
3
votes
1answer
137 views

Prepaid travel credit cards: Is there a low-cost card supporting top-up in multiple currencies, without conversion fees?

With reference to the CantonFX cards http://www.caxtonfxcard.com/cards_description.asp Which card do I use if I need to use multiple currencies at the lowest cost & I only want to carry one card? ...
2
votes
2answers
117 views

Are weekly CAD/USD options untradeable?

As below, cmegroup.com seems to indicate that CADUSD weekly options (expiring 25 Mar 2011) have absolutely no volume or pricing. Does this mean they're impossible to trade? Or, if I had a broker, ...
1
vote
2answers
349 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 ...