This might seem like a simple question to many of you economics students, but I never took an economics course; therefore, I am a novice about this subject.
The dollar always seemed to be worth about .50 to .75 a British Pound for years, but within the last year or so it sank to where High Street banks are only valuing it to about .05 to a Pound.
Why is this, and how did it happen?
What would the Americans need to do if they wanted their dollar to be more at par with the British Pound? Or, what would have to happen in the UK for the British Pound to sink lower in value to be nearer to the USA Dollar level?
Thanks! As I said, I am not an economist, so please have patience with my simplistic questions.
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i want to take classes in technical analysis so i can trade in the forex market
Is there anything to learn before starting forex trading for success? Or it is totally depend on one’s fate?
i thought America had the largest economy in the world and was the wealthiest, so why is the Euro and British Pound worth so much more than an american dollar? if you can, please explain in an easy to understand way. thanks all.
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I am traveling to Rome in April, and assuming that the current trend of a stronger euro continues, is it better to convert my dollars to euros on this side of the Atlantic or in Rome? Does it even matter? Is there an advantage of using plastic (debit / credit card) in Rome rather that ‘cash’ euros?
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Solid tested strategy?
- edit : not a link to anyones blog / ponzi scheme.
Sir,
What would be your advise on forex trading.Does it really worth it.
US being a super power country, why still its currency has less value than a British Pound?
1 British Pound = 1.99200 U.S. Dollars
Are Britishers more intelligent than Americans..? They’ve build their strong economy? Why Americans fails to do this..???
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I’m going to Japan soon and i want to do some shopping. I’m on a budget of about 00
I live in france & I’m going next month to lebanon. I have about 5000 euro with me & i should change them into dollars because there people don’t use the euro…
where is it better to change them? here in france or there in lebanon. Is the euro here worth more in dollars?
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I am beginning to learn about Forex Trading. I heard people talk about if there is a good signal you can make money from it. Or create their own signal stuff like that
What exactly is a signal they are talking about?
Thanks!
My brother is investing on a managed account and has been doing very well, wich has me thinking about putting some money in there. Any recommendations?
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Are they only act as a middle person between customers and banks? Or they work like a sports gambling book maker?
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In recent months the British pound has depreciated significantly against the dollar and the euro. Using exchange rate determination suggest possible reasons as to why this has occurred?????? please need a posible explenation?????
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What would happen to Americas economy if the Chinese government and people abandoned their faith and confidence in the American Dollar and chose the Euro over our dollar? They loan us billions of dollars a day and own at least 8 of our banks. What would happen to our economy??? Tell me why you believe your answer to be correct.
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I read the other day that Japan is in a depression now; it seems to me as though the Australian economy is stronger, but the dollar has been languishing against the yen for a while now. I am probably completely wrong in my assumptions, if somebody could clear this up that would be awesome!
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I want to know that which is the fast (or fastest) forex trading system?
It may be a software or web based system (Please provide links). But, please help me, which broker (or trading system) works faster?
I would be more thankful if you could guide me with your experience.
thanks in advance.
If I have the money, how do I make it grow in forex trading?
Whats a decent number of pips to earn on a trade? I’ve generally been pulling the plug at 15 which is around 10% of my 0 mini account.
What’s a respectable pip haul for a single trade? I have the self control to not get greedy, but I don’t know where the line is. I also realize I could do a trailing stop, but I feel more comfortable locking in my profit when I have it.
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