How to change the currency rate in Switzerland

Switzerland has changed its currency rate to 0.00787, bringing the country closer to parity with the U.S. and other major currencies.But there are still some important caveats.First, the change doesn’t apply to the franc, which is currently pegged to the euro, or to the U and the pound, which are not pegged to each other.Instead, […]

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A Trump-Putin meeting could take place in New York in a year

Trump, Putin and the world’s top military leaders met this week at the G-20 summit, where Trump announced a U.S. arms deal with Russia.The meeting was seen as an effort to ease tensions between the two nations over the crisis in Ukraine, which has raised fears of an escalation in the region.But the two leaders […]

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What’s the difference between foreign exchange and yen?

The difference between yen and foreign exchange is not the amount of money you hold, it’s the way you hold it.That’s because foreign exchange changes depending on what you’re buying and selling.A dollar is worth more than a yen, but a euro is worth less than a dollar.This is because a currency has a fixed […]

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Which movie is your favorite foreign exchange movie?

The movie theater in Tokyo was buzzing last night after an official at the venue posted the official score of the movie “The Best Foreign Exchange Movie Ever.”The official score was the best foreign exchange score in history, according to the score posted by the Tokyo theater.The movie, starring the Australian actress Jennifer Lawrence, was […]

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Japan’s foreign exchange market could grow by another 20% this year

Japanese exporters have warned the economy is slowing down in the wake of a sharp drop in global demand and an oversupply of dollars.Japan’s economy shrank by 0.3 per cent in the March quarter to 3.45tn yen, the worst annual drop since the financial crisis.The country has been in recession since 2012 and has struggled […]

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The Canadian dollar falls to $1.871 US on weak exports

BERMUDA (AP) The Canadian currency has dropped to a new low against the U.S. dollar after Canadian producers raised their export prices to help fend off a slowdown in demand.The Toronto Stock Exchange said Wednesday that the Canadian dollar had fallen by about 1.8 cents to $US1.81 US, below the 1-cent drop forecast on Wednesday.The […]

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The World’s 100 Greatest Bitcoin Investors

The 100 greatest bitcoin investors are not all from the world’s major cities.And not all of them have made a fortune.In fact, some are struggling to make ends meet.Some are investors who have had to resort to living on a shoestring.The World Bitcoin Investors Association, or WBIIA, has been a forum for bitcoin enthusiasts to […]

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When a company is ‘too big to fail’ and the government has to step in

A foreign exchange exchange company that collapsed and went into receivership in the US last year is being used as a case study for how the government can use the Troubled Asset Relief Program (TARP) to help firms when they become too big to be bailed out.A spokesman for the Australian Securities and Investments Commission […]

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How to buy foreign currency in Japan

Foreign currency trading is still very much a new phenomenon in Japan.The country has an economy that’s barely grown in half a century, and foreign currency markets are the only place where you can make money.To make money, you need to be willing to pay a premium for foreign currency.For a Japanese consumer, that premium […]

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