By: Martin Jekic
Trading of stocks, commodities, currencies, cryptocurrencies and other financial instruments is a high-risk game as it involves the deployment of capital with no guarantees of returns. Many traders enter the market with dreams of quick riches but end up losing their entire investment. It is said that no one knows for sure when a trade […]
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The rate of the euro rose above parity on Friday. In the afternoon, the value of the common currency went up as high as 1.0090 US dollars. It was last traded at 1.0062 US dollars, which is a bit less. It was still about a cent less in the morning. The reference rate was set […]
read moreBy: Martin Jekic
Late Thursday, the euro stopped losing ground. The last price for the common currency was $1.0166. The euro fell to 1.0114 US dollars in the business of European currencies. The reference rate was set by the European Central Bank (ECB) at 1.0122 dollars (Wednesday: 1.0152 dollars). So, it cost 0.9880 (0.9850) euros to buy a […]
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Argentine’s economy and government are in bad shape, so the country’s central bank has taken steps to encourage farmers to sell and export soybeans. A statement from the central bank says that the new system will let farmers get a better exchange rate for US dollars than what the official foreign exchange market can offer. […]
read moreBy: Martin Jekic
On Wednesday, the euro gave up its early gains. The most recent price of the European common currency in US dollars was 1.0123. It was traded at about the same price as when it first started trading. The euro went up to $ 1.0172 at noon. The reference rate was set by the European Central […]
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