I have little confusion about Currency Exchange !
Suppose I’m living in UAE I have 100 USD(united states dollar), I want to purchase UK sterling against these 100 USD. Which Rate Will they offer ???
1. A general rate which prevails between these 2 countries at that time
2. First they will convert those dollars to AED (arab emirates dirhams) and then to sterling .
3. Or anything else.
Simply speaking Which rate is offered to customer for 2 foreign currencies in any country ?
Please let me Know.
Regards..
USD is directly converted to GBP (sterlings). In general, all minor currencies are converted to USD first, before converting to other currencies. Major currencies (USD, EUR, GBP, JPY etc.) convert directly from each other, but the spread between the two currencies other than the US dollar is, in most cases, still the spreads between these currencies with USD added together.
In the retail foreign exchange market, currency dealers generally add a very big markup (from a few pips to hundreds of pips) to the interbank market spread.
Does anyone (esp UK residents) know anyhting about this group and their product? They have a number of trading strategies for trading Forex.
hi
knowledge to action is a coaching company.
i attended their seminar in november 2009 at hamilton hotel nec birmingham. they tell us basic about forex then convince us to doing their course which is afew grand.i did not think it ws worth doing as there are alot of courses which you can find free on the internet and also some courses are cheap.
whether you are looking for strategies,automated trading or signal service to trade i would recommend you check out www.forexpeacearmy.com where you can find reviews and ratings about signals services,brokers, robots or what ever you need to trade and also you can find alot of useful info on www.onlineforexinfo.com.
hope that helped.
regards zak
http://StockTips.Weebly.com
Forex Markets - Online Forex
Duration : 2 min 28 sec
Read the rest of this entry »
Technorati Tags: FOREX
How I Got 82% Gains In The Forex Market In Less Than 10 Months. Visit http://foreign-exchangeexposure.com to find the answer…
Duration : 12 sec
Read the rest of this entry »
Technorati Tags: Foreign
More updates available at http://www.worldfirst.com/blog or follow us on Twitter at http://twitter.com/world_first
Duration : 3 min 46 sec
Read the rest of this entry »
Technorati Tags: Foreign
I have looked around as best I can, but have had no luck. Perhaps someone here is looking for the same, or has one?
The bank would wllingly take the currency and convert it to Sterling at that day’s exchange rate.
The program is free but its only in UK itunes store. Any sugestions how to connect to uk Itunes from US or how i can download the ipa file for Fxpro?
It’s a trading program for Fxpro forex.
its so easy! just sign out of your current account, and go to the bottom of the screen and select uk for the country. then create a new account with a uk address. follow the Exact instructions on this page> http://usitunes.blogspot.com and you can download any free item from uk itunes. no credit card needed.