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How can an individual trade currency directly and get the market rate? The most effective way to trade a market if you are uncertain about its direction is to find concrete support and resistance levels. Go through a FOREX broker closer, but is this the official rate. I'd wire USD in from my US bank, trade at spot rate through the broker.
Forex Rate - Exchange Rates - Currency and If you believe that the Euro will increase in value against the US Dollar, you will buy Euros with US Dollars. About Forex Rate. At Forex Rate our aim is to provide as much free forex trading information as possible. Our pages are geared towards active currency daytraders.
There's only ONE exchange rate. Any others are just works of fiction. Institutions with the largest trade volume and the most solid financials have access to better prices and execution. Forex Brokers generally round the price up or down to the nearest pip; but some now offer Fractional Pip-Pricing. It's really little more than an old boys network of banks and brokers hiding behind. I phoned my bank yesterday to check out how they dealt with my. The need to exchange currencies is the initial reason why the Forex