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Best money exchange centre




ftfl
Senior Desi
Member since: Jul 06




Posts: 2335
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Quote:
Originally posted by vikshr

Quote:
Originally posted by ftfl


Today the current market rate is about 1.32 cents for each US Dollar. Yet we see absurd exchange rates.





Can we also know, who is offering 1.32 cents today ?
I have seen USD picking up today and reaching as high as 1.2635, but not more than that.... would appreciate you sharing his contact info with us...

Thanks


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I was trading Euro-Usd and the chart that I referred was @ 1.32. It was an error on my part. Thanks for bringing it to my attention. Yes you were right it did reach a high of 1.2635 Canadian.

I will let it stand I will not correct it.

My humble apologies to the group.

Freddie.


 
Post ID: 140891 30-03-09 18:24:51
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ftfl
Senior Desi
Member since: Jul 06




Posts: 2335
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Quote:
Originally posted by NM

Hi ftfl,

Can you explain how one can trade currencies on line?

Thanks.


____________________________________________

See your Personal Message Box.

Freddie.


 
Post ID: 140892 30-03-09 18:58:18
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vikshr
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Member since: Aug 07




Posts: 157
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Quote:
Originally posted by ftfl

Quote:
Originally posted by vikshr

Quote:
Originally posted by ftfl


I was trading Euro-Usd and the chart that I referred was @ 1.32. It was an error on my part. Thanks for bringing it to my attention. Yes you were right it did reach a high of 1.2635 Canadian.


Freddie.



Not a problem Freddie .... I figured you must be talking about EUR/USD..




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Vik

 
Post ID: 140914 31-03-09 08:48:39
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G13
Senior Desi
Member since: Jul 06




Posts: 598
Location: Amidst a glow in the sky.


Feedback:

I used XEtrade to convert my funds from USD to CAD (both accounts in Canadian Banks). Excellent service, no charges, best rate in the market. All online / over the phone. Debit / EFT methods used to transfer. You can also leave standing instructions to convert only when a specific exchange rate is acheived.

Thank you Pramod ji for recommending this. I saw this thread after doing the conversion, so thanks GG.

Please note that my experience is based on a one time currency conversion and not regular trading.

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Post ID: 187772 30-09-11 13:58:27
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ashedfc
Senior Desi
Member since: Jun 10




Posts: 2153
Location: GTA


Over the short term (near future), USD is expected to strengthen (because of the weakness in the European economy causing the sell off in the Euro).

This is also causing a temporary sell-off in commodities resulting in a hit to CAD being a commodity currency.

Here's a USD chart since 2001 (notice the weakness over the last decade). http://www.321gold.com/editorials/sfs/hubbartt093011/usd_gold.gif

Every USD rally is met with a subsequent sell-off (but only once the fear subsides)

An interesting read for the next 5yr forcast http://www.europac.net/sites/default/files/special_reports/Five-Favorite-Currencies-Special-Report.pdf


 
Last edited by: ashedfc on 30-09-11 15:00:52
Post ID: 187774 30-09-11 14:46:30
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HelenWHillman
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Member since: Oct 16




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Advertising in charcha is not permitted.

 
Last edited by: Monica.admin on 17-10-16 08:36:08
Post ID: 232967 17-10-16 07:56:59
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Canada_Ka_Bhikari
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Member since: Mar 16




Posts: 115
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" Transferwise "is good.
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Post ID: 233021 21-10-16 15:54:16
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Canada_Ka_Bhikari
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Posts: 115
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Edit: Permanently banned from the forum

Last edited by: Monica.admin on 23-10-16 01:11:58

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Post ID: 233038 22-10-16 01:37:40
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Contributors:
ashedfc(1)  Canada_Ka_Bhikari(2)  coolvip(2)  desi-friend(1)  ftfl(3)  G13(1)  Garvo Gujarati(1)  
HelenWHillman(1)  NM(4)  vikshr(2)  
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