for example, the company can convert U.S. dollars into euros and send those euros to fund its French business operations. If the exchange rate is $1 to €1, the currencies are at parity.
For instance, if you could buy one euro today for $1.10 but market traders are willing to sell you that same euro three months from now for only $1.08, that's a forward discount on the euro. This pricing suggests traders expect the euro to weaken against the dollar. Below, we take yo...
The quick ratio is a calculation formula that measures to what extent a company can meet its short-term liabilities with liquid assets.
How to quickly convert Euro date format to US date in Excel? DATE VALUE RIGHT MID LEFT How to quickly convert mm/dd/yyyy date format to yyyymmdd in Excel? TEXT Data Data > Check How to check or find if value exists in another column? IF ISERROR VLOOKUP MATCH How to check if / find...
Another example: For an EU resident, the direct bid-ask quote for USD is 1.3391 − 1.3392. To get the indirect quote, we just need to find the inverse of the prices and then switch their places. So, for an EU resident, the indirect quotation rate for the euro and USD would be (...
Dollars to risk / (risk in pips x micro lot pip value) = micro lot position size $20 / ($50 x $0.10) = 4 micro lots The ideal position size for the 50-pip stop loss, given the trader is willing to risk $20 on the trade, is four micro lots. Working backward, if the trader...