Currency Exchange

It cannot be denied that some traders believe that the Euro exchange rate has always been synonymous with disappointment. Of course, such a notion cannot be further from the truth. After all, the Euro has suffered from a decline in the past and yet later on managed to regain its status as one of the

Foreign Currency Exchange, or forex, is an informal, decentralized market place through which international currencies are traded. Unlike all the other financial markets which are centrally located in exchanges or trading floors where financial instruments are bought and sold, the foreign exchange market is a virtual market place that exists in ubiquity. The participants come

Currency exchange rates can be influenced not just by economic and political developments, but also by the actions of large participants in the market. These market participants trade lots of currency, so big that they can influence exchange rates with just one transaction. Here is a brief overview of some of these organizations and parties.

Currency conversion, in the context of foreign exchange, is a market process that determines the equivalent amount of one currency when traded with another.  The trade process is marked by both buying and selling in order to increase the value of one’s money.  As long as consumers will find reasons to use other currencies than

Trillions of dollars’ worth of currencies change hands in the currency exchange market every single day and yet a huge percentage of those who get into the market come out of it broke.  Only a few are able to gain profits from their trading activities and are able to stay in the market to experience

Popularly known as money, currency serves as a measure of value and determines how goods are acquired or sold.  It also dictates the value of a country’s money in comparison to another.  This means that you cannot simply walk into a store and buy soap using US Dollars if you are in the Philippines.  While