Free foreign exchange app: Buy/sell foreign currency
When does a company lose its FX spot?
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 […]
What does the word “foreign exchange” mean? Here’s what you need to know
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 […]
What to know about the foreign exchange benchmark
“Foreign exchange” is the abbreviation of the international exchange rate of a foreign currency, such as the US dollar.For example, if you are buying a large quantity of a commodity, you may find yourself paying more for it in dollars than the other way around.If you are selling the commodity, such a situation is called […]
The Latest on the U.S. Supreme Court nomination of Brett Kavanaugh
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 […]
How to save $5,000 by taking advantage of CIE exchange rate shifts
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 […]
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