How are caclulated foreign currency exchange rates?

December 27, 2009 by Currency Trading Tips  
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Can you answer Mick’s question about Currency Trading?:

Just wondering why the crisis in the US is getting worse and the value of the dollar on foreign exchange is going up. Something stinks in the state of Denmark.
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Who creates foreign exchange rates? Please be specific. Thanks
I do understand that demand and supply determine it. Just wondering demand and supplly from who! And who sets the final ratio.

Have you claimed your Genesis site?

How are currency exchange rates calculated?

Can you answer Chris B’s question about Currency Trading?:

The US Dollar is declining in value against the British Pound and the Euro, but the decline versus the Euro is greater.
If US interest rates are reset lower, I am told that the value of the Dollar versus the other currencies declines further.
These exchange rates are calculated to four decimal places, indicating significant precision.
If the Chinese Yuan is set higher than it currently is, what will that do to the Dollar versus the Pound and the Euro?

Iraqi Dinar Exchange Rate

Is China’s currency too strong?

November 15, 2009 by Currency Trading Tips  
Filed under More Currency Trading Answers

Can you answer vintagevhs1028’s question about Currency Trading?:

So I read a chart on what is called the Big Mac Index: it shows the converted price of a Big Mac is 58% less than what it should be in China because of the Chinese governments setting of currency exchange rates fixed to the dollar and not based on the market.

The article implies that this has badly hurt the U.S. economy because the exchange rate has led to greater trade deficits because of the exchange rate and it also says that this has resulted in lower wages in American.

What do you think of this?

Currency Trading Forex Market

How are the currency exchange rates determined daily?

Can you answer mutyalarao’s question about Currency Trading?:

We see that the Foreign currency exchange rates keep fluctuating daily…Who decide those rates and what are the factors and parameters that are considered for this?

Also who decides how much currency can a country create in tis mint?

Thanks in advance!!

Currency Exchange Rate Calculator

Where can I get the best currency exchange rate in San Francisco?

Can you answer ks’s question about Currency Trading?:

I’m going to Thailand and want to exchange some US dollars for Thai Baht before I leave. However, the Travelex currency exchange rates say that $1=28 baht, whereas most websites online say $1=33 or 34 baht. And banks charge a bunch of fees to have the currency shipped to them. I was wondering where is the best place to exchange currency in San Francisco that has better exchange rates? or should I just change it in Thailand?

Currency Trading Tips

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