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volatile state on morning trading. According to estimates, almost 2 trillion dollars worth of currency is traded each day. Foreign Exchange Rates Explained, the exchange rate between two different currencies indicates how much one currency is worth compared to the other. Filed unemployment claims fell below last months figure of 302,000, down to 259,000. It is no wonder that predicting exchange rates is a complex business, when any countries stance on current economic conditions can change worldwide views on the direction. That's the basics, however that is also just the beginning of the world of forex. Our exchange rates are updated weekdays at 11Variations in time and local rate variations may apply. Its no surprise that traders are watching closely the decision by the Fed, whose monetary policy committee (fomc) will announce at 1800 GMT if it leaves rates unchanged, following two days of meetings. GBP and Euro Steady As Fed Meeting Draws Close. At Forex Rate our aim is to provide as much free forex trading information as possible.
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Foreign exchange is driven mainly by supply and demand and the exchange rate between currencies is influenced substantially by economic data and conditions. The US dollar held strong in the early European session. There is a strong sense of anxiety around the markets today, not only in Foreign Exchange but also stocks and commodities. Several leaders of the European Central Bank. We buy travellers cheques issued by American Express. Currency I have, currency I want, neither m nor its affiliates will be held responsible for the reliability or accuracy of this data. We therefore reserve the right to make changes without notice. Real Time Rates, pair, rate, chg. Todays Exchange Rates, see real time exchange rates for most world currencies, with high, low and daily change in prices. Eurusd EurUsd has fallen near 100 pips from an overnight high.1022. The one stop currency site, e mail us from our contact page. Busy Week of Data Begins With A Stronger Euro.