Questions tagged [usd-us-dollar]

This tag is to be used for any question related to U.S. Dollar currency.

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0answers
24 views

Is the Exchange Traded Fund XQQ (iShares NASDAQ 100) only traded in Canadian dollars?

I am looking to invest in Canadian dollars via my Canadian bank, and I found the ETF XQQ. If it says 91.87 CAD, does that mean it is traded in Canadian dollars at $91.87 CAD per share? I'm curious ...
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1answer
92 views

Is it possible to use a international broker account as a saving account?

Say that I'm a citizen of country A, I want to save all my personal savings (obtained in A legally) in another country B (I don't care about the currency, as long as it's relatively stable), and I ...
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1answer
94 views

The Netherlands check us-dollar

My son (Dutch nationality) studied at MIT in LA (1994-1997) when he was robbed and molested in his apartment. The criminal has been sentenced to 2 life sentences (because of murder cases as well) and ...
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1answer
477 views

How to cash a US check in Germany?

I am an Berlin based artist and I was going to participate in an event in the US in March. Due Covid-19 the festival got cancelled but the organization sent me a US check from the JP Morgan & ...
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1answer
6k views

What is the difference between buying stock in Shares VS Dollars?

I'm a newbie in the stock market, well in "RH" & "WB". I just received notice I can buy "some" Stock in $ dollars also, my question is: What is the difference in ...
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1answer
51 views

Is the Japanese Yen backed by huge US Dollar savings? [closed]

Excerpt from an article written by Daniel Lacalle: Japan learned that lesson by turning the yen into a currency backed by huge dollar savings and increased its legal and investment security to the ...
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1answer
101 views

Is my FX brokerage manipulating my profit margin to payout less? (SCREENSHOT)

USDCAD pair has moved 41.90 pips in my favour @ 0.01 lots (broker showing profit of $3.01) USDJPY pair has moved 52.30 pips against me @ 0.01 lots (broker showing loss of -$4.85) At $0.10 per pip (0....
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2answers
204 views

How to deal with my dad's newfound obsession with Western Union and sending money to strangers in the U.S.? [closed]

I'm 23 and live in Vancouver with my mom and dad. (My sister lives in Toronto center, but she's with her girlfriend; she's 29). Over the past few months (well, since March 2019) my dad's become ...
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1answer
110 views

Eurodollar Futures - How to interpret the price and correlation between EUR and USD?

I have a problem understanding Eurodollar futures. I mainly do trading in currencies. What impact does a rise in Eurodollar futures have on the dollar or euro? Is there a correlation? I have read that ...
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5answers
2k views

What happens if someone bought most $100 bills? [closed]

Lets say Jeff Besos and Bill Gates get really high one day and decide to liquidate all their assets, buy up all $100 bills they can get their hands on (lets say 90% of all bills in circulation) and ...
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1answer
351 views

Lending someone 500 dollars

Consider a hypothetical situation. Person A lends person B 500 American dollars on 0% interest. Now American government prints more money such that the old 1 dollar is now equivalent 10 new dollars. ...
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1answer
81 views

Please help - Yet another question on transferring money from India to US

I am a US citizen living in the US for 20 years and an Indian OCI card holder. I am quite a newbie in regard to Indian banking, tax and money transfer rules. I need advice from the experts. My ...
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2answers
4k views

Are treasury bonds more liquid than USD? [closed]

Does it make sense to say that, in a way, US Treasury bonds are more liquid than USD? I think this because the value of all the bonds in circulation is way greater than all the dollars in circulation, ...
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2answers
959 views

Best/Least expensive way to cash a Canadian check in the US?

I live in the US, and I recently took a vacation in Canada. My flight home was oversold, and I was stuck at the airport for several hours. The airline is required to send me a check for 2400 Canadian ...
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1answer
254 views

Is it wise to invest money in USD or INR? [closed]

I have both USD and INR, and considering the interest rates are the same, which one is better to maintain the maximum currency in to yield maximum profit?
2
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2answers
55 views

Offsetting currency fluctuations with investments abroad

Say you you invest x euros at t0 in a mutual fund through a European exchange. After ten years, at t1, the investment doubles to 2x euros. Would you end up with the same amount of euros at t1 if you ...
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0answers
68 views

Transferring money from India to US

I am a US citizen with OCI (overseas citizenship of India). I took a loan for 14 lakhs from my bank in India for some emergency purposes but never utilized for those purposes. Now can I convert the ...
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2answers
796 views

Could the US demonetize large bills? If so, how can I protect myself if I rely on holding US dollars in cash?

There was a demonetization in India. I heard that this was difficult for Indian residents to handle. I understand most of the money is in digital forms, but there is still a large amount of actual ...
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2answers
216 views

Why is British Pound months before Brexit is going up against both U.S Dollar and the Euro?

The way I understand economics is that price of the currency represents the strength of one economy against the other, especially in the long term. Concensus being that Brexit is not going to help ...
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0answers
86 views

ADR value with US dollar inflation / recession

If one were to hold an ADR (American depositary receipt), and the currency of country of the underlying foreign security increases in value compared to the US dollar, or the US dollar drops in value (...
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1answer
98 views

How to account for transferring money from a USD account to a GBP account?

I am using ZipBooks online software for my bookkeeping, however I do not know how to approach the following situation. I have 2 bank accounts; one in USD, the other in GBP, and I am transferring $...
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3answers
10k views

What’s the cheapest way to cash a US dollar cheque in the UK?

I have received a US dollar cheque but I live and bank in the UK. I asked my bank (Lloyds TSB) and while they will cash it, it’s very expensive. I need the money in GB pounds. What is the best way to ...
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1answer
151 views

A growing currency versus USD [closed]

I checked the graphs of many currencies such as the Australian Dollar, Euro, Turkish Lira, Indian Rupee, Stirling Pound, etc. In recent years, all of the currencies that I am familiar with are ...
2
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1answer
168 views

How can I exchange a small amount of USD to INR?

My grandma has gifted me 20 US dollars. How can I exchange it for Indian rupees? I don’t have a passport or pan card. I have tried a few forex sites and they asked for a passport but I don’t have a ...
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3answers
119 views

Why is there a difference in currency conversion rates?

When looking at the USD/BRL conversion rate I see a rate more or less 1 USD = ~ 3.90BRL. Then when I want to transfer my funds from my contractor (in USD) to my local account (in BRL), I wait for a ...
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5answers
535 views

Should I use 3k on my vehicle loan to get out of debt?

I currently am in debt with a vehicle loan about 18,900$ and with 12k student loan debt. I currently have 3300$ that I have in my savings account not being used at all. I currently have a 1k emergency ...
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2answers
315 views

How do I short a currency?

I believe a certain country's currency will fall sharply (compared to the USD) in the next couple of years. Is it possible for me to profit off of this situation? If so, how?
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1answer
64 views

Relocating to India and reg remittances

I am relocating back home. I am trying to transfer my tax paid salary saving to a joint ICICI account in which My mother is primary account holder and I am secondary. I will be using money transfering ...
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1answer
57 views

How to convert dollar amounts between years? [duplicate]

If something cost 17 million USD in 1994 how to I figure out what it would have cost in 2000?
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1answer
131 views

Converting British Pounds to USD or AUD [closed]

Given the current state of the economy and the future out look, what would be the best option for someone who has to move pounds to either AUD or USD? What would be the advantages or disadvantages of ...
2
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1answer
154 views

Can I use a third party to exchange USD before it goes into my UK account?

I live in the UK and have a UK individual (not business) bank account only. I have done some remote work for a client in the USA and I have already agreed to their terms before work started which ...
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0answers
12 views

Transfer money from US checking/saving account to NRE account [duplicate]

I want to transfer money from my US saving/checking account to Indian NRE account. How can I do it? Will transferring directly from my US account to bank account will give me best rates? or Should I ...
0
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1answer
74 views

What to change into GBP? [closed]

I'll be in Scotland for one day and I will need to buy ticket for the bus. I have American Visa travel credit card, american debit card, euro, and dollars. Which one is better to use to change ...
2
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2answers
117 views

I am trying to figure out what a weaker dollar in the future would mean for a foreign investor

If the USD becomes weaker compared to EUR in the future, would it be wise for a European investor to buy US stocks? I imagine the following scenario: I buy 100 Shares of a company at 1$ each. Let's ...
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4answers
6k views

Why did the $2 bill lose its cash value?

The $2 bill used to be worth two dollars, (duh) but now it's worth nothing in most places. Why?
1
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1answer
855 views

Logistics of Hedging INR investment with USD INR future

I am a beginner so please forgive any gaps in my understanding of Forex Futures. Based on RBI's decision earlier this year to let NRI's invest in rupee futures I want to propose a Currency Futures ...
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1answer
177 views

How to open a Mega Money Market account without an ssn?

I am a non resident allien who never went into the United states but who needs to receive usd funds from a United States based company. They requires their suppliers to use their online platform for ...
4
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1answer
375 views

Google Finance gain value incorrect because of currency fluctuation

I'm french, and I bought some stocks in Paris and New York Stock Exchanges. I'm trying to use an online portfolio tracking tool like Google Finance, but the final gain value is incorrect because of ...
4
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2answers
3k views

Is it possible to trace the source of bills that I've collected in USA by serial number?

Last year in Las Vegas, I cashed out a couple of cash vouchers (worth around 60$) at the special ATMs located inside casinos. Finished my trip and headed back to Turkey. Then the failed coup attempt ...
0
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1answer
190 views

Transferring money from the US to India after students visa is over

I am an F-1 student in the US. I am going back to India when my studies get over in a month. I have around 25000 USD in my bank account. I need to carry that amount to India, but I don't have anyone ...
4
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1answer
843 views

What is the difference between buying USDEUR compared to selling EURUSD?

To me, buying USDEUR looks the same as selling EURUSD. For those who have experience trading forex, are there circumstances when it makes more financial sense to buy USDEUR instead of sell EURUSD? Are ...
1
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1answer
10k views

Ordering from Canada, charged in CAD or USD?

I am thinking about ordering something from a website based in Canada and I live in the U.S. I am just wondering if I order from them, will I be paying the listed price in CAD or USD? Will it convert ...
-1
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2answers
433 views

Trading on forex news, Interactive Brokers / IDEALPRO, and slippage

When trading during major forex-related news releases (like NFP and friends), a significant increase of spread may occur, some tutorials say. As I understand it, even if I've got a stop-loss order in ...
4
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2answers
1k views

How much value will money lose if left in a checking account?

My younger brother has been working for over 3 years now and he has very good financial discipline so he has been able to save more than 30k just from his paychecks (not including 401k which his ...
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0answers
47 views

Correspondent Bank query

What is the correspondent Bank for a transfer in USD to Banque Internationale Arabe De Tunisie BIATTNTT
1
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1answer
190 views

How can there be a quote for EUR/USD from 1980s?

As far as I know, the euro currency was introduced some time in the late 1990s, many countries adopting it at the beginning of the 21st century. However, I've run into charts depicting EUR vs. USD ...
2
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1answer
137 views

I trade options in the U.S. using Schwab. How could my wife do the same in Canada?

I'm an American, married to a Canadian. We split time living in both countries. I trade options and have a stock portfolio using Schwab. My wife would also like to have a similar portfolio of stocks ...
2
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1answer
3k views

Missing SWIFT Transfer

We are a web development company located in Mumbai, India and have been receiving SWIFT transfers to our Indian Bank Account since the past 6 years. More than a month ago (40 days back), A client of ...
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1answer
276 views

Saving U.S. Dollars or Mexican Peso - Mexican Citizen

I have the habit of save money, I would like to invest that savings, but I live in Mexico, do you recommend me save U.S. Dollars or Mexican Pesos? You probably hear about the Mexican Peso crisis.
4
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2answers
12k views

Are Canadian USD bank accounts part of ACH?

A British USD bank account is not integrated into the US ACH system. Are Canadian USD accounts? i.e. Are they able to receive USD from US companies without high charges and hassle.