The most popular triangular opportunities are usually found with the CHF, EUR, GBP, JPY, and USD, in order to convert from euros to home currencies. Many brokers, including retail currency brokers, now include cross currency pairs in the dealing rates section of their trade stations. It's po...
I had checked the spot rate before making the USD to EUR transfer and the money that I got in my bank account was actually higher than the result given at that day’s spot rate, so I ended up making a slight profit of a few euros on the exchange. The most important thing however ...
How Much You Pay for 1,500 Euros Now assume you already know that you want 1,500 euros for your trip. How much will they cost you in U.S. dollars? Multiply 1,500 by 1.146 (the same bank exchange rate) and the result is $1,719. That is how much you need to pay to get your...
You can check timetables, prices and make online bookings for Dutch domestic train servicesat the official NS (Dutch Railways) site here. Prices are in euros (EUR) only and payment is accepted by iDeal or credit cards (Visa/Mastercard/American Express). There are no booking fees, however tic...
Transfer Options: Consider how easy it is to transfer funds between currencies and to external accounts. Transaction Limits: Check if there are any limitations on how much money you can transfer in and out of your account, both in total and per transaction. This is to avoid any surprises ...
Currencies are traded in pairs. The price tells you how much of the quote (second) currency is needed to buy one unit of the base (first) currency. Currencies can be day traded at the spot rate (current exchange rate) or through derivatives. To start day trading forex you will need ...
If the GBP/USD rate is 1.3000, that gives you a pip value of 10 x 1.3000 or $13 for a EUR/GBP full lot position of 100,000 euros. 4. Pip Value Calculation Shortcuts In general, if you trade in an account denominated in a particular currency and the currency the account is denomina...
When you use your credit card abroad, you will often be given the option to be charged in your home currency (i.e., instead of being charged in euros, they will charge you in US dollars). Never say yes. The rate at which they are converting the currency is always worse than the ra...
By doing so, you have sold euros with the expectation that it will fall versus the US dollar. USD/JPY In this example, the U.S. dollar is the base currency and thus the “basis” for the buy/sell. If you think that the Japanese government is going to weaken the yen in order to ...
You can check timetables, prices and make online bookings for Dutch domestic train servicesat the official NS (Dutch Railways) site here. Prices are in euros (EUR) only and payment is accepted by iDeal or credit cards (Visa/Mastercard/American Express). There are no booking fees, however tic...