Best answer:

Answer by Beep Beep Meow
You can trade TF2, Portal, and Spiral Knights items as well as Steam gifts.There is no currency system and you cannot trade games you already own. People just trade stuff based on how rare it is. Promotional items you cannot obtain any longer, for example, are worth more than just regular TF2 hats or something. You have to buy them as a gift and select the option to add it to your inventory for trading in order to trade Steam gifts.

You’d have to make a preeeetty generous offer to get someone to trade you Portal 2.

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What will be the impact of a total currency collapse? Will it lead to internal wars between European countries? Will America stay immune from these trends? Can America do without trading with Europe?

Best answer:

Answer by Scott Stevenson
While I don’t think we’re going to see war between the countries that have used the Euro, I personally will be surprised if Jan 1, 2013 rolls around and there isn’t at least a plan in place for countries to return to their former currencies.

The US will still be able to trade with the Eurozone countries even if they go back to their marks, francs, and lira. We traded with them just fine before the Euro, so there’s no reason to think we wouldn’t be able to trade with them afterwards.

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So from AUD/USD then use the USD to buy EUROS.

Thanks

Best answer:

Answer by rtfm
Well, yeah, but then you’d be paying double the conversion rates. Why not just use your AUD to buy the EUR?

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thanks for both the answers so far.

The ETF symbol is FXS, it trades around $ 150 a share; pays a dividend but as David said is VERY illiquid, low volume.

To follow up, wanted to ask about Sweden’s Monetary Policy, how it may influence the Krona, and what is the relation of the Krona to the Euro and Gold? – TY
thanks for both the answers so far.

The ETF symbol is FXS, it trades around $ 150 a share; pays a dividend but as David said is VERY illiquid, low volume.

To follow up, wanted to ask about Sweden’s Monetary Policy, how it may influence the Krona, and what is the relation of the Krona to the Euro and Gold? – TY

Best answer:

Answer by Ryan
both Scandinavian countries look as though they are on the up, but with the euro crises and there seems to be a bad news coming out of the US. I wouldnt invest in them.

Give your answer to this question below!

Best answer:

Answer by Jeremy
Currency value is determine by the purchasers of the currency. These are primarily travelers, governments and Forex traders. FOREX stands for Foreign Exchange. There are many factors that currency traders, governments and businesses take into consideration in determining the fair market value of a currency.

Fair mrket value is the price at which a willing buyer and a willing seller come together. The buyer must factor in many elements and considerations to try to accurately assess a currency’s value at any given time.

Factors affecting currency value are political situation and stability of the country, economic situation (jobs, unemployment, work ethic, infrastructure, inflation and direction of the economy), perception from outside, demographics, isolation vs. openness (for example China is becoming more open, more transparent and this helps. Cuba is very closed and isolated. Venezuela is becoming more isolated by some of its recent actions), natural resources, weather factors such as drought, tsunamis, earthquake and floods, war and conflicts.

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Best answer:

Answer by mrs:)nick:)j:)jonas:)
currency exchange… duh

What do you think? Answer below!

Best answer:

Answer by Common Sense
What are you talking about???????

“There are robotic programs but I understand they need a broker due to becoming less effective after time because new robots are introduced and other factors.”

All trading changes all the time. The only traders that succeed are the ones prepared to change regularly. A person or a robot needs a broker. A robot will only work well if you have 3-5 years of highly successful trading experience. Robots don’t work well for many with 3-5 years of experience. They never work well for amateurs.

Brokers in FX are all bad. Your job is to find the least bad.

My favorites include;
GFT
InterbankFX

I believe InterbankFX allows robots. I’m not sure about GFT. The most important thing about a broker is the Platform & execution.

It takes (on average) 3-5 years to learn & be profitable in FX. Most people wipe out their accounts or simply quit in less than 12 months.

What do you think? Answer below!

Best answer:

Answer by michinoku2001
Usually there is a “trade-in” period where people can say….go to the bank and exchange 1000 old bibobs for 1 newly printed doolie. Accounts get switched over automatically. Due to Gresham’s Law, it’s not all that hard to replace a currency with a new one. Just look at how Confederate or Newfoundland money trades above its face value, despite being “worthless”.

The old bibobs that get turned in are destroyed, therefore anyone who forgets to exchange their bibobs for doolies just has to wait a while and their bibobs will eventually be worth more than the old bibob/doolie exchange rate would have it. Even oddball currencies like playing cards signed by the governor, or occupation scripts, etc., are often worth much more than their face value now.

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Best answer:

Answer by smahadevan39
Currency dealing is buying and selling of various currencies.
Mostly the volume of currency is dealing is huge and good experience nd
ability to take quick decision is required. In currency dealing buying or selling may be
routed through three / four currencies to take advantage of difference in rate
instead of direct ( one to one) dealing.

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Best answer:

Answer by jeff410
The most actively traded currencies change constantly, several times in a minute. And they trade around the clock. They are more volatile than stocks.

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