2013년 12월 1일 일요일

About 'best foreign currency rates'|Foreign Currency Rates Play an Important Part in Foreign Exchange Market







About 'best foreign currency rates'|Foreign Currency Rates Play an Important Part in Foreign Exchange Market








               When               you               think               of               the               foreign               currency               market,               what               do               you               think               of?

Perhaps               world               economies               exchanging               money               from               one               currency               to               another.

Maybe               large               institutions               making               decisions               that               affect               millions               of               stockholders               or               account               owners.
               But               did               you               think               about               you               you're               invested               in               the               world               currency               market               even               if               the               scenarios               above               are               not               in               your               control?
               The               reality               is               that               we're               all               invested               in               the               currency               market               in               one               way               or               another.

The               money               in               your               pocket               and               your               checking               account               gives               you               exposure               to               the               value               of               your               domestic               currency               (dollars,               euros,               pounds,               yen,               etc.).

Granted,               when               it               comes               to               money               that               you               are               likely               to               be               spending               in               the               short               term               on               goods               and               services               priced               in               the               same               currency               it's               not               really               much               exposure.

But,               for               your               bigger               assets               and               holdings,               it               can               be               a               different               story.
               Let's               take               something               like               your               retirement               savings               or               pension               plan.

You               will               spend               that               in               the               future,               potentially               at               a               time               when               the               value               of               the               currency               is               lower.

We're               not               just               talking               about               inflation               here               (though               that's               a               legitimate               concern).

We're               also               talking               about               the               currency's               value               in               terms               of               the               currencies               of               its               major               trade               partners.
               That               value               influences               the               cost               of               the               goods               you               buy               which               are               imported               from               abroad,               not               to               mention               the               cost               of               those               trips               around               the               globe               you               have               in               mind               for               your               golden               years,               and               that               villa               in               the               south               of               France               you're               hoping               to               purchase.
               The               currency               market               also               impacts               you               in               other               ways.

The               earnings               of               companies               in               your               investment               portfolio               have               exchange               rate               exposures               in               many               cases.

These               come               in               two               forms.

One               is               exchange               rate               conversion               of               overseas               income.

The               other               is               the               impact               exchange               rates               can               have               on               the               attractiveness               of               the               company's               products               abroad,               and               the               costs               of               foreign               goods               and               services               it               consumes.
               For               that               matter,               if               you               work               for               a               multinational               company,               or               one               that               does               business               abroad,               your               very               livelihood               could               have               exposure               to               the               currency               market.

It's               become               an               increasingly               large               part               of               the               world               in               which               we               live,               work,               and               invest               today.
               It's               also               one               you               can               take               advantage               of               in               your               investing               plans.
               The               foreign               exchange               (Forex)               market               is               a               24-hour               per               day,               five               day               per               week               market               (and               even               weekends               in               some               cases)               where               people               come               together               to               swap               currencies.

If               you've               ever               traveled               abroad               you               have               participated               in               the               Forex               market               by               exchanging               your               home               currency               for               that               of               your               destination.
               So,               is               investing               in               Forex               the               right               investment               strategy               for               you?

Consider               the               following:
               With               $4               trillion               in               daily               trades,               it's               the               world's               largest               market               It's               not               as               risky               as               they               say:               the               volatility               of               currency               exchange               rates               is               markedly               lower               than               most               other               markets               Analysis               and               trading               is               tricky               but               there               are               many               programs               where               you               can               have               the               transactions               made               by               expert               traders               in               their               own               accounts               automatically               duplicated               in               yours.

Just               like               investing               in               any               other               market               or               asset               class,               you               should               consider               educating               yourself               before               you               dive               in.

That's               why               we've               put               together               a               primer               called               "The               Smarties'               Guide               to               Alternative               Investing               in               the               Foreign               Exchange               Market"               which               gives               you               just               enough               information               about               the               Forex               market,               how               it               works               and               how               you               can               participate               as               an               investor.

Smart               investors               can               find               it               here.

Happy               investing.






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    2013년 11월 30일 토요일

    About 'maybank2u forex exchange rate'|maybank2u forex exchange rate







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    What               is               Forex               and               How               Does               It               Work?

    So               what               exactly               is               FOREX?
                   FOREX               is               bit               different               from               other               captive               markets,               FOREX               full               form               is               FOREIGN               EXCHANGE.
                   Its               relative               value               of               one               currency               versus               another,               to               explain               in               pretty               simple               language               it's               always               good               to               go               with               a               case               study.
                   Let's               talk               about               a               case               of               study               of               vacation               to               explain               FOREX               in               simple               terms,
                   Let's               imagine               that               you               stay               in               United               States               and               planning               to               go               for               a               vacation               to               Switzerland,               that               means               you               have               to               convert               your               spending               money               right?

    That               means               you               will               be               converting               US               dollars               to               Switzerland               Franc               (CHF)
                   That               is               USD               /               CHF;               this               is               what               we               call               as               Currency               Pair               in               FOREX               language.

    This               indicates               US               dollar               compare               to               Franc.
                   So               now               let's               see               what               the               exchange               rate               of               dollar               to               franc               is,               let's               say               for               example               it               is               1.2049               so               that               means               it               costs               1.2049               francs               to               buy               a               dollar.

    So               for               your               vacation               let's               think               that               you               would               like               to               spend               $500               so               that's               going               to               give               us               602               francs               as               per               the               above               mentioned               exchange               rate.

    So               with               this               we               have               done               our               first               foreign               exchange,               you               have               exchanged               your               domestic               currency               to               a               different               foreign               currency.

    This               completes               one               half               of               foreign               exchange               transaction.
                   Now               let's               assume               that               you               are               planning               to               go               back               to               US               from               Switzerland               as               you               completed               your               vacation               and               you               didn't               spend               the               exchanged               money               of               602               francs               and               you               still               have               that               amount               in               your               wallet               and               now               we               you               need               to               exchange               that               amount               to               dollars,               this               time               let's               assume               that               currency               exchange               rate               is               1.1000.

    If               you               compare               between               previous               exchange               rate               and               the               second               rate               actually               the               rate               has               been               dropped               but               in               this               case               it               works               in               your               favor.
                   That               is               because               in               earlier               case               you               require               1.2049               francs               to               buy               a               dollar               but               now               only               1.1000               francs               are               enough.

    That               means               if               you               have               exchanged               602               francs               in               return               you               receive               $547               which               actually               left               you               with               profit,               that's               the               great               news               right!!!

    So               what               actually               happened               here               was               your               initial               exchanged               amount               acted               as               your               asset               and               appreciated               the               value               and               resulted               in               profit.
                   Well               this               may               not               be               true               in               all               the               cases,               you               may               also               receive               less               than               your               actual               amount               due               to               depreciation               and               may               leave               you               in               loss,               and               this               is               all               about               FOREX               and               how               it               works.






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