What members write about us: 30.11.2018
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Trading Strategy
Direct quote is an exchange rate for foreign currency that involves a quote in fixed unites against different amount of the domestic currency. For example, a direct quote of the $ against the Canadian dollar in the US is U.S. $0.79394 = C $1 for 2018.
What members write about us: 29.11.2018
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Currency symbol is a graphical representation of the name of a specific currency that is used internationally and in the markets. The best representation of the currency symbols are $, €, £ and ¥.
Constant dollar is a calculation that is used to measure a performance of the dollar in one year to its performance another year. Due to inflation the purchasing power of the currency is getting weaker and in order to have a proper calculation and properly compare dollar values from different years a calculation for the constant dollar has to be made.
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