Forex Trading Tips

Tim W asked:


What banks will trade American Dollars for Euros? And what would it cost to exchange them. I am located in cherry hill nj

Tom D asked:


For instance a share of BP Oil stock is $66.68. If you convert that into British Pounds it should be 33.88 pounds. However, one share of BP Oil stock is worth 563 pounds, not 33.88. In Euro’s, one share is worth 8.35. I obtained these prices off of the BP.com website. I’ve noticed that this is not unique to BP but is true of all stocks that are traded in multiple currencies. Are the shares of stock that I own in dollars worth less than the shares that are valued in pounds?

Subvertor … asked:


There are talks set all over the world by countries as varied as China and Russia to Argentina and Norway..
No longer the “reserve” currency now in dozens of countries, many of these same countries are now shifting trade currencies as well ….

While we rattle on and on about Internal US domestic and partisan Crap (Abortion, Gay Marriage, Immigration) we further devalue ourselves by wavering on issues of International interest, Like Torture, and Occupation. And at the same time demonstrate to the world our inability to regain symmetry between the Competing interests of Population and Big business..

The rest of the world recognizes what we seem unable to.. we are approaching a failed state status..

what are some possible outcomes for the United States in say the Next 5-10 years ?

Alby asked:


How does a small person or business capitalize on the Carry Trade with currencies like the Japanese Yen? In which you can borrow Yen from Japanese Banks at 1% Interest and Reinvest it into say US Treasuries yielding 5% Interest? How can I get in on such an easy money making swap? I know its done, but is this field only open to the rich and/or big business?