Questions tagged [foreign-currency]

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Can I send international payments using the Google Pay app?

Can we send international payments using the Google Pay app? For example, a contact in the USA, Canada, or the UK. Can we transfer money from India to the USA or Canada or UK using Google Pay or vice ...
Prashant Akerkar's user avatar
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When does a foreign transaction fee apply to a credit card (especially from shopping online)?

I assume if you go to another country and use a credit card, then the foreign transaction fee will always apply. What if I use a credit card to make a purchase from an online store? Does it depend on ...
Griftoni's user avatar
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Canadian nomad, USD earnings - how to invest/preserve currency

I'm a Canadian tax resident who moves around a lot. Exchanging currency stresses me out so much if I think about it that I basically have just decided to accept volatility. I work online, and am paid ...
MegH's user avatar
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Difference between buying a NYSE-listed company in USD or in EUR

Let's say I'm a European living in Germany and a company is listed only on the NYSE in USD. On my trading platform I can buy shares of this company either on the NYSE in USD or on Xetra in EUR. When ...
Harold L. Brown's user avatar
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Should I move my AUD ETF positions to EUR during a EUR weakness?

I used to work in Australia as an expat but since have moved back to Germany with no intentions to return. In my depot I have a 35,000 AUD iShares Core S&P 500 ETF (IVV.AX) position including 5-...
guest23441's user avatar
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Portfolio diversification into different currencies

Does it make sense to diversify the portfolio into different currencies if they are in any case correlated with each other or is it not so?
RoyalGoose's user avatar
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Converting some of the rainy day fund to EUR

I live in a country where EUR is accepted at most shops, but it is not the official currency. I am wondering if it would make sense to convert a portion of my rainy day fund to EUR, to be somewhat ...
stihl's user avatar
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How does one book a currency exchange loss?

How does one book a currency exchange loss? Let's assume: I have an account in GBP. I have an account in USD. I pay taxes in USA. Let's assume following transactions: I made 100k GBP in the ...
brt's user avatar
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Assessing the trade-off between exchange rate risk and potential higher interest returns on emergency savings in foreign currency

I currently reside in an EU country and earn a salary in EUR, the currency I primarily use for expenses. I have been researching ways to protect my emergency fund from inflation by keeping it in a ...
stemnic's user avatar
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FX options for retail trader

I would like to trade options on the FX market, say EURUSD and GBPUSD. I have seen that there are options on the CME that have FX futures as underlying and also some options on spot on the ...
opt's user avatar
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Doing Norbert's Gambit with free-transaction ETFs? (QTrade)

Can we perform cheap currency conversion like Norbert's Gambit by trading something else than DLR and DLR.U to avoid/reduce the ETF purchase and sale fees? For big trades, the gambit has potentially ...
pf_init_js's user avatar
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What are good criteria to decide how much money I should keep in a foreign exchange credit card account?

The Situation I have a Wise account for EUR and AUD. Into the Wise AUD account I can easily (without fees) put money from an AUD bank account when needed. For most of my purchases I use the AUD ...
halloleo's user avatar
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Are foreign currency bank accounts in Brunei protected by deposit insurance?

All retail banks in Brunei are members of the Brunei Darussalam Deposit Protection Corporation (BDPC). The deposit insurance scheme protects up to 50,000 BND per person per bank in the event of a bank ...
Flux's user avatar
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Can I really exchange money in Forex?

Suppose I've got Euros. Suppose I need dollars. How can I transfer/exchange my euros into dollars in Forex? I know I can do it in any currency exchange stall. But Forex currency rates look more ...
Green's user avatar
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Billing my clients in different currencies, does it matter?

I have a Canadian LLC (with a Canadian dollars bank account) and recently got my first offshore client from Singapore. In our signed contract my rate is in Canadian dollars, and then my client asked ...
Reddy Stark's user avatar