‘Foreign Exchange’ Archives
Two Different Approaches, Same Results »
By Rick Pendergraft Just a few days ago, Karim Rahemtulla, one of my counterparts at Mt. Vernon Research, stopped by our office in Delray Beach, FL to say hello. I think he was only looking for some chocolate, but, as is often the case when two traders get together, the conversation turned to the market. It turns out we were both trading the S&P [...]
Exchange Rate »
In finance, the exchange rates (also known as the foreign-exchange rate, forex rate or FX rate) between two currencies specifies how much one currency is worth in terms of the other. For example an exchange rate of 102 Japanese yen (JPY, ¥) to the United States dollar (USD, $) means that JPY 102 is worth the same as USD 1. The foreign exchange [...]
Foreign Exchange »
Foreign Exhange or Forex as it is more commonly known is not something that we specialise in nor is it something we believe you should engage in unless you are very well informed. We do believe however in the fact that you should have all the information you need about all kinds of investments and so we have included this category of investment [...]
