How to Avoid Foreign Exchange Scams

A few weeks ago, I took a trip to a local Walmart, where I saw a cashier, wearing a mask, trying to make sure I wasn’t going to make too much money by using my debit card to buy foreign exchange.I was confused as to why a store would want to do this.Walmart is a […]

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Free foreign exchange app: Buy/sell foreign currency

Ciee International Exchange (CIEX) has announced a new service that lets you buy and sell foreign currency with the simple swipe of your smartphone.The app, called Foreign Exchange for iPhone, will be free for US residents and the price will be €2.99 ($2.97) per month, according to a press release issued by the firm.The company […]

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Why you should buy foreign exchange at MSN

The value of foreign exchange is expected to continue to soar as investors look to diversify their holdings.As the U.S. dollar recovers from a seven-week slide, investors are turning to foreign exchange to diversified their portfolios and avoid volatility.But when it comes to buying foreign exchange on a global level, you have to consider what […]

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When does a company lose its FX spot?

The FX spot is the portion of the currency market that is not tied to a major trading partner.When it’s down, the FX spot falls, when it’s up, it rises.This has happened with many currencies, from the euro to the dollar.FX is used to track changes in the value of a currency’s value and can […]

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Watch: Liverpool striker Jordan Henderson gets red card as Sunderland win 3-1

Liverpool striker Lewis Holtby has been sent off for his second booking of the season.Manager Brendan Rodgers said on Monday that Holtby had been booked for a challenge on Sunderland defender Tom Carroll.It’s an extraordinary result for us.It’s very, very hard to win games at this level, especially in the Europa League, and it’s going […]

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Why You Shouldn’t Invest in Foreign Exchange Money

The foreign exchange market has been booming for years, but it is still one of the least regulated in the world.In 2016, the US government announced that the US was ending the Foreign Exchange License (FEL) program, a program that allowed foreign exchange businesses to convert US dollars into foreign currencies.As a result, US dollar-denominated […]

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New deal between foreign exchange companies and foreign exchange marketplaces opens doors for foreign exchange traders

By Mark MazzettiAssociated PressBusinessweek.com(BUSINESS)– Foreign exchange companies will be able to open their foreign exchange operations to U.S. customers, a big step in the process for companies like Royal Bank of Scotland and Royal Bank.The U.K.-based CFTC on Tuesday announced a two-year rule change allowing foreign exchange firms to sell their products to U,S.banks and […]

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How to shift foreign exchange in a bank

By now, you’ve probably seen some of the headlines about the Bank of Japan and other financial institutions shifting to foreign exchange accounts.However, it’s important to understand how this will affect your bank accounts, particularly for the ones you do have.Foreign exchange accounts are managed by the Bank for International Settlements, or BIS.It is a […]

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Which are the best foreign exchange rates for traders?

Foreign exchange rates are the most valuable commodity in the world, but there are many things that affect the value of a currency.A good way to gauge how valuable a currency is, or how it can be used, is by calculating its annual inflation rate.The more you use it, the more inflation you’ll experience, which […]

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