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currency exchange
What is a myth: A myth is often thought to be a lesson in story form which has deep explanatory or symbolic resonance for preliterate cultures, who preserve and cherish the wisdom of their elders through oral traditions by the use of skilled story tellers.
currency exchange
Ebb and flow of capital between nations, otherwise known as Purchasing Power Parity (PPP) is the central factor that determines market momentum. In addition, fundamental economic forces such as inflation and interest rates are constantly influencing currency prices. Faith in a government�s ability to stand behind its currency will also impact currency price. This is done in two ways: controls and intervention. Controls restrict citizens from doing things, which have a negative effect on the exchange rate (such as sending money abroad). Intervention takes two forms: changing the interest rate on the currency to make it more or less attractive to foreigners, or buying/selling the currency to raise or lower its market value.
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British Pound: Will the Bank of England Save the Day?
Fri, 18 Apr 2008 20:54:21 -0400
Over the past 3 trading days, the British pound has rallied over 300 pips on the hope that the Bank of England will come and save the day. The central...
Understanding Forex
Quick Forex Ideas
currency exchange
What is a myth: A myth is often thought to be a lesson in story form which has deep explanatory or symbolic resonance for preliterate cultures, who preserve and cherish the wisdom of their elders through oral traditions by the use of skilled story tellers.
currency exchange
Ebb and flow of capital between nations, otherwise known as Purchasing Power Parity (PPP) is the central factor that determines market momentum. In addition, fundamental economic forces such as inflation and interest rates are constantly influencing currency prices. Faith in a government�s ability to stand behind its currency will also impact currency price. This is done in two ways: controls and intervention. Controls restrict citizens from doing things, which have a negative effect on the exchange rate (such as sending money abroad). Intervention takes two forms: changing the interest rate on the currency to make it more or less attractive to foreigners, or buying/selling the currency to raise or lower its market value.
Some Forex training Stories
British Pound: Will the Bank of England Save the Day?
Fri, 18 Apr 2008 20:54:21 -0400
Over the past 3 trading days, the British pound has rallied over 300 pips on the hope that the Bank of England will come and save the day. The central...
Understanding Forex
posted by Big Time Trader | 5:25 PM
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