Forex Made Easy

What currency did Italians use during the Renassiance?

admin — Fri, 18 May 2012 22:27:36 +0000

Question by : What currency did Italians use during the Renassiance?
Also, how much would my $ 100 be worth, if I were to exchange it into that currency?

Your help is very much appreciated. Thanks in advance!

Best answer:

Answer by Bill P
they probably used different currencies in different parts of Italy. In Florence, it was the Floren.

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What is the good idea to get the more information about forex?

admin — Fri, 18 May 2012 20:47:00 +0000

Question by manojgiri2002: What is the good idea to get the more information about forex?
Many of the people interested to work as forex business but lack of the proper information, guidance, and scam cheating they are fear of cheating. Anyone has good information about beginner plz tell me.

Best answer:

Answer by Mostofa
For initiating your forex business at first you have to choose your broker. For selecting your forex broker make sure they are regulated. (my preference is Hotforex, Liteforex, Trading Point, Roboforex). Then go for demo trading. This broker websites will provide you with the trading platform. But to enhance your knowledge on how to be successful in trading go through www.babypips.com and complete all their course. You will be a mastermind on Forex trading that i can assure.

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What currency is best to buy as a hedge against a possible US dollar devaluation?

admin — Fri, 18 May 2012 18:24:57 +0000

Question by Beer is food: What currency is best to buy as a hedge against a possible US dollar devaluation?
The US public debt is rapidly increasing and will soon put pressure on the US dollar. However the financial crisis is affecting the whole world. Which currency will be the new safe haven when the US dollar collapses?

Best answer:

Answer by Barati
I personally hold physical Canadian currency. There are several reasons for this. The local banks carry it. It is the only currency they will accept because we border Canada (I live in Alaska). During a currency devaluation and economic crisses Alaska is more likely to trade and recieve goods from Canada because they are a producing nation. Alaska is not connected to the US. You must come through Canada so it is wise to hold their currency for travel expenses. Also the US dollar will decline and buying Canadian currency now would be a good hedge for buying Canadian goods in the future. They have gold mining companies. 99% of mining companies are Canadian and listed on the TSX. Canada would be one of only a few countries that could back their currency by gold or silver in the future with ease because of their mining production capacity.

I currently hold 10% of my liquid cash reserves in Canadian currency to hedge against the US dollar. It is a good idea to do so. Banks in the Lower 48 may stock and trade other currency as well but here in Alaska the Canadian dollar is the only one they accept so I hold it. All other currencies. Canada is better positioned but they too are inflating their currency as well.

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How to become a good forex sales broker?

admin — Fri, 18 May 2012 16:47:29 +0000

Question by buena_inversion: How to become a good forex sales broker?
I want to learn how to be a forex sales broker, any guides would help to start being a good forex sales broker. I’m learning about forex also, but is there any website that coaches or anything. Thanks

Best answer:

Answer by Marvin Capage
hi, in order for you to be a good forex sales broker, you have to know the main strategy in dealing with future clients. If you want to know more about forex sales broker, you can ask questions on http://www.forexfactory.com/forum.php and http://forexforums.dailyfx.com/forum/. they give good and valuable answers from experienced forex sales brokers. I can help you if you want to try dealing w/ forex w/o any money involve through http://exeliafx.com/ because they offer demo accounts where you can practice your skills in forex trading.

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Where to obtain foreign currency such as peso bills and other foreign currency that is worth pennies?

admin — Fri, 18 May 2012 14:25:08 +0000

Question by Bobby D: Where to obtain foreign currency such as peso bills and other foreign currency that is worth pennies?
Where to obtain foreign currency such as peso bills and other foreign currency that is worth pennies? I’m trying to use currency as a promotional piece becasue it is often very colorful and really catches peoples eye, no matter what country the currency is from.

Best answer:

Answer by tomoe
Travel.

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What currency has the least inflation and the least risk of political problems, other than Swiss?

admin — Fri, 18 May 2012 10:26:21 +0000

Question by Dilbert: What currency has the least inflation and the least risk of political problems, other than Swiss?
And what is the best way to invest in that currency online?

Best answer:

Answer by Influence of Bastiat
Gold

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Q&A: What currency would you put your savings into in the following senerio?

admin — Fri, 18 May 2012 06:25:15 +0000

Question by Sebastian: What currency would you put your savings into in the following senerio?
You put your money into a high-yield savings account for 10 years. You are not allowed to withdraw any money or close the account and take out the money until the end of the 10 Years.

What currency would you prefer having your savings in, keeping in mind that higher inflation could affect the value of your money, Euros, US Dollars, British Pounds, Japanese Yen, Hong KOng Dollars, Swiss Francs, or other and why?

Best answer:

Answer by robert
British pounds, they gain value slowly but surely.

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Q&A: What Is a good Forex trading platform for beginners?

admin — Fri, 18 May 2012 04:48:15 +0000

Question by : What Is a good Forex trading platform for beginners?
I am a forex beginnier, but i have to no idea which platform to choose.

Best answer:

Answer by tjfinvestor
Hi Susan, Forex trading is for very advanced traders with lots of capital. Before you start trading for real, I would recommend that you spend a lot of time trading on paper. My recommendation would be TD Ameritrade. I am not a forex trader but, TDA gets high marks for their trading platform.

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What currency should we carry when visiting Turkey?

admin — Fri, 18 May 2012 02:25:49 +0000

Question by Chendu: What currency should we carry when visiting Turkey?
Next week planning to visit, Istanabul, Turkey for attending a conference from India.
Could anyone let me know what is the currency to be carried to Turkey.

Best answer:

Answer by Roger_Federer_is_my_idol
euros u noob

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what is the oldest currency circulating in the US?

admin — Thu, 17 May 2012 22:25:30 +0000

Question by : what is the oldest currency circulating in the US?
Last week I found a penny from 1947! I know, quite a catch. I polished it and will save it for my children and grandchildren, perhaps it will be worth something more than a penny some day. I also found a dollar bill from 1995 recently. I think that’s even more remarkable than the 1947 penny. So what’s the oldest coin currency circulating in the US, in your opinion? What’s the oldest paper currency?

Best answer:

Answer by James Hansen
Good riddle, I can’t even find it…

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