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 […]

Read more
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 […]

Read more
What to know about the foreign exchange benchmark

Foreign currency is a great benchmark.But there are some caveats to it.First, it’s a fairly new metric.Second, it has a history of being subject to wild swings in value.And third, the current benchmark has been falling over time, as investors have become more wary of a dollar that is perceived to be overvalued.Here’s what you […]

Read more
The Latest on the U.S. Supreme Court nomination of Brett Kavanaugh

U.K. High Court Justice Brett Kavanaugh has become the front-runner for the Senate seat vacated by Justice Ruth Bader Ginsburg.A new poll published by CNN has the Republican nominee leading Democratic Sen. Tim Kaine by 12 points.A CNN/ORC International poll released Tuesday has Kaine at 46% support, up 3 points from last week.CNN/ORCHARD poll: Kaine […]

Read more