about 10 months ago - 1 comment
about 10 months ago - 8 comments
I am interested in learning foreign currency trading (FOREX). Does anyone know of a good legitimate free online training course?
about 11 months ago - 2 comments
Traders require education, experience and knowledge. For this cause we have founded www.pairfx.com – a friendly portal providing tips, a daily market review and answering any questions traders may have. I would really appreciate if you have some feedback on the reviews we are providing on a daily basis. Most importantly, do they shed some More >
about 1 year ago - 1 comment
The process by which this occurs is known as: a. the Beta process b. arbitrage c. risk-sharing d. diversification
about 1 year ago - 3 comments
I have a large portfolio of stocks that I bought several months ago and I have huge profits on paper. If I sell now, I will have to pay a 28% cap gains tax on it, so I am wondering how long I should hold these stocks in order to qualify for the much lower More >
about 1 year ago - 1 comment
I do Foreign Currency Trading on Varengold Fox and i was wondering if anybody knew if you can do this trading on a google phone or an iphone or any phone what so ever.. any info would be nice thanks
about 1 year ago - 4 comments
about 1 year ago - 1 comment
What is the current tax rate (capital gains) on option profits for the 2007 tax year? An accountant me 15.00% but someone else told me 10.00% on gains.
about 1 year ago - 2 comments
Any stockbrokers out there? IS there any truth in the story that each birth certificate bears a serial number which refers to a government bond secured against a “person”? If so, anyone who can find mine and produce evidence of the value, the finder can have 50% of its worth… I’d be grateful for proof More >
about 1 year ago - 3 comments
Hello, I have talked to a couple CPAs and they are looking into this but I wanted to get your help since there are so many of you who are experts in these matters. I am an American and I pay my capital gain taxes on my stocks (usually 35% since I buy and sell More >
about 1 year ago
It’s exactly the same. People bid for and sell money in the same way they bid for and sell lemons, wheat and oil. In fact, there are currency exchanges in which that do that every day.
about 1 year ago
The more people want/value a particular currency, the more it costs in terms of other currencies. Hence, it’s just like anything else sold on a market. If people want Korean Won more this month, then Korean Won will cost more in terms of Dollars, Euros, etcetera.
This leaves open the question (which does not necessarily have to be answered!) of why people will change their demand for a particular currency. One reason would be because of increased demand for the things that currency can buy. The more people want to purchase Korean goods for consumption, the more the Won goes up. The more people want to invest in Korean businesses, the more the Korean Won goes up. And, in the contrary direction, if Koreans demand more foreign goods, then they will sell their Won and the price of the Won will go down relative to whatever currency they are demanding.
Changes in the supply of various currencies can be very complex, and difficult to predict, measure, or even roughly estimate, but they have the same effect on pricing as any other supply variance.