Collectibles
Making Sense of the Dollar: Exposing Dangerous Myths about Trade and Foreign Exchange (Bloomberg)
Marc Chandler (Hardcover) Bloomberg Press 2009-08-19
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Shedding Light
Foreign exchange is a treacherous subject to navigate, difficult to predict and analyze, and most often left to expert traders and strategists. Yet that is no justificaiton for ducking out, since it is such a critical lynchpin of the entire system of global economics and internatinal... -
A guide to how American Capitalism really works!
This has to be one of the most fascinating books I have ever read. It does a good job of taking the advanced global economy and breaking it down into simple points. Chandler then goes on to point out how the accounting systems and metrics we use to value and monitor things like savings and trade...
Twitter Stream
Kuwaiti dinar decreases to 0.272 per dollar: (MENAFN - Kuwait News Agency (KUNA)) The Kuwaiti dinar exchange rat... 
The Linden Dollar exchange rate just changed! Best rate to buy L$ for EUR is now 363.5 L$/EUR.
The Linden Dollar exchange rate just changed! Best rate to buy L$ for USD is now 261 L$/USD. 
RT @: With the fall in the dollar exchange rate, am I ever so glad I moved my holdings over to Amazon and The Book Depository
The Linden Dollar exchange rate just changed! Best rate to buy L$ for EUR is now 363 L$/EUR. 
by @: The Linden Dollar exchange rate just changed! Best rate to buy L$ for BTC is now 2360 L$/BTC. …
The Linden Dollar exchange rate just changed! Best rate to buy L$ for BTC is now 2360 L$/BTC. 
usd XOF/USD: 1 US Dollar = 461.29184 West African CFA franc 
Come on, I need a better exchange rate fir my US dollar!Moody's Affirms U.S.'s Aaa Rating, Cites Dollar's Role as Reserve Currency
Moody’s Investors Service affirmed the U.S.’s top rating for the second time in a week, rebutting Standard & Poor’s after it stripped the world’s largest economy of its top credit status.
The U.S. today retained its Aaa ranking with a negative outlook in part because the dollar’s status as the main reserve currency allows it to support higher debt levels than other countries, Moody’s said today in a report. Lawmakers last week took a “positive step” toward addressing the nation’s record deficits, Steven Hess , the senior credit officer at Moody’s in New York , said in a telephone interview.
“What we’ve said over the last few months is that we now see at least both parties having the same goal of deficit and debt reduction over the long term, even though more needs to be done,” Hess said. “More important to us than how contentious the process is, does it produce results? What we’re looking at is actual policies as opposed to the political debate.
Foreign Exchange Rates : Currency Predictions - GBP, USD, EUR, AUD ...
POUND STERLING
The Pound has traded sideways against the other majors on the day, with no data of significance released in the UK. Tomorrow sees the release of the closely-watched NIESR GDP Growth Estimate figure for last month; if it suggests that Britains economy is slowly grinding towards a standstill again, then the Pound may give up its recent gains against the Euro and the high-yielders. NEAR-TERM OUTLOOK NEUTRAL.
US DOLLAR The Pound Dollar exchange rate (GBP/USD) is 1.6354
The Greenback has performed strongly on the markets today, against the expectations of most analysts. Investors had feared the worst for the Dollar, following S&Ps downgrading of the USs credit status late on Friday....
Paypal Currency Exchange - USD to CAD Workaround | Sustainable ...
A lot of Canadians are making money online these days. From selling virtual gaming items to selling real world things on eBay to blogging (sponsors for our website) many Canadian bloggers are receiving payments via Paypal. The problem for Canadians however, is that they get stuck having to pay a hefty 2.5% paypal currency exchange fee every time they convert from USD to CAD.
2.5% may not seem like a big deal but that is $2.50 on every $100 of income. $25 on $1000 and so on. Additionally, the exchange rate has been favourable to Canadians for quite some time and $1 CAD peaked at being valued as $1.06 recently. This means that on every $100 I only receive $91.50! Ouch! It all adds up and paying the Paypal currency exchange fee is not something i’m keen to do.
You may think, “lots of Canadian banks have USD accounts, why not just sign up using one”. Well, I tried that. I had a USD account set up at CIBC from when we did our new car import of our 2011 Subaru Outback from the USA last year. I had made a few attempts link this account to Paypal but the test payments Paypal sends to confirm an account exists. Paypal couldn’t tell me why it wouldn’t work, nor could CIBC. I then tried (and failed) with my BMO USD bank account. What was I doing wrong?
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