In this post, we break down what a multi-currency account is, how it works, its benefits, and how you can open one for your business.
Pepperstone is an online forex, spread betting, and CFD broker with more than 300,000 clients in 170+ countries. Pepperstone clients can trade CFDs on forex, shares, indices, ETFs, cryptocurrencies, commodities, and currency indices across three popular trading platforms. Traders can choose the...
Assume the spot rate of the Japanese yen is JPY100 per USD1.What is the spot rate one year from now if the Japanese yen appreciates by 10%? 相关知识点: 试题来源: 解析 (1/X-1/100)/(1/100)=10%,求x=90.909 结果一 题目 一道国际财务题, Assume the spot rate of the Japanese yen is...
Lot size: A lot is a standardized unit of currency used in forex trading. The typical lot size is 100,000 currency units. A mini forex lot is worth 10,000 currency units. For example, with a mini forex lot, you would need 10,600 units of USD to buy 10,000 units of EUR. Pip: ...
shop (around USD1.28, JPY140) to compete in the market, and thus there are now "8-dollar-shop" (around USD1.024, JPY110) in Hong Kong, in order to compete with a lower price. Note that there is no sales tax in Hong Kong, but the relative price is higher than in Japan or the ...
What is Money, Anyway? Editor’s Note: This topic is now comprehensively covered in my book, Broken Money. Money is a surprisingly complex subject. People spend their lives seeking money, and in some ways it seems so straightforward, and yet what humanity has defined as money has changed ...
Even with the latest data prints providing more clarity, there are still plenty of question marks. We outline our thoughts on where central banks are headed.
s take a look at this Forex swap example to make these factors somewhat easier to understand: Let’s say that for a lot, you have opened a long EUR/JPY position (100,000 units). You bought euros from selling Japanese yen because of a long position. So it is worth 100,000 yen for...
The U.S. dollar index is currently calculated byfactoring in the exchange ratesof six foreign currencies, which include theeuro(EUR), Japanese yen (JPY), Canadian dollar (CAD),British pound(GBP),Swedish krona(SEK), and Swiss franc (CHF). The euro is, by far, the largest component of t...
Thevalue of the USD/JPYpair is quoted in Japanese yen per one U.S. dollar. For example, if the pair trades at 150, one U.S. dollar can be exchanged for 150 yen. The USD/JPY is affected by factors that influence the value of the U.S. dollar and the Japanese yen. Theinterest ra...