The U.S. Dollar Index (USDX) is a relative measure of the U.S. dollar's strength against a basket of six influential currencies, including the euro, the British pound, the Japanese yen, the Canadian dollar, the Swedish krona, and the Swiss franc. The index was created in 1973 and rem...
The reason is that Japanese banks don’t usually hold accounts denominated in Cordobas because there’s not a lot of demand for them. However, both Japanese and Nicaraguan banks hold accounts in Dollars. So instead, an individual or bank will usually trade Yen to Dollars and then Dollars to...
based on sheer volume. All trades are in large volumes, with a standard minimum lot of 100,000.15Most currency traders are professionals investing for themselves or for institutional clients that include banks and large corporations
My friend Tasuku has got a restaurant in a big city.It is near a supermarket.He gets nine robots for the restaurant.Each robot costs(价值) 34,000 yen.The restaurant is not big,but very popular.Now more and more people come here for dinner. ...
Finding the Twelve Zodiac Signs at a Shrine At Japanese shrines, you will often see a lot of objects related to the twelve animals of the zodiac. For example, at Hakuto Shrine in Tottori, you'll find the rabbit, while Gou Shrine (Kyoto) is dedicated to the sign of the wild boar. ...
, in Japan, the traditional wedding gift of cash should not be given in bills divisible by two: that signifies the marriage could end in divorce. A gift of 20,000 yen, for example, should be given with one 10,000 yen and two 5,000 yen notes —but not two bills of 10,000 yen....
In a very simple example, if the exchange rate from currency A to currency B is usually around 0.9 and today it's 1.1, a forex trader might take 100 of currency A and trade it for 110 of currency B, knowing that the rate should return to the normal 0.9 soon (barring any global or...
As we welcome in another new year, Colin Lowther and Liz Waid look at the many ways – and days – that people around the world celebrate a new year. When do you celebrate a new year? Voice 1 Welcome to Spotlight. I’m Colin Lowther. ...
LOT Polish Airlines.(Brief article)
Low domestic interest rates in Japan once encouraged the country's financial institutions to find higher yields overseas, a practice known as thecarry trade. When such investment flows reverse in times of market stress, the yen will gain on the U.S. dollar. ...