postfinance forex rates

comes into play and the trend will most likely continue on in the way it was going. Your dedicated Relationship Manager will: Support your foreign exchange strategies, provide real time insights, analysis and commentary. Those who had sold just one lot of the currency pair gained a net profit of 833 in a matter of minutes. Savings account: Payments and credit/debit advices: via e-finance or on paper. Accounts from PostFinance at a glance. The following example illustrates the above three steps in action.

Competitive exchange rates in over 80 currencies. The offer applies equally to capital payments made with a premium (premium on share's nominal value). The biggest factor that drives the foreign-exchange market is interest rate changes made by any of the eight global central banks. No account set up fees, no monthly maintenance fees, live currency cikgu nasir forex exchange rates via our online international payments platform. Figure 1: The EUR /USD declines in response to Fed's monetary policy testimony Source: DailyFX The EUR/USD declined 44 points over the course of one hour (good for the.S. Bernanke, in his statement and answers, was adamant that the.S. session was widely followed by traders, and because it was positive, it was anticipated that the Federal Reserve would raise interest rates, which brought a short-term rally by the dollar in preparation for the next rate decision. of course, the risk in this strategy is currency fluctuation, which can dramatically offset any interest-bearing rewards. PostFinance Visa Business Card, make payments or withdraw cash inexpensively worldwide. Our global network, strong purchasing power and interbank relationships enable us to deliver competitive fees for outgoing foreign same currency payments. Colors shown indicate the amount of change in the exchange rate for a currency pair. When a Surprise Rate Occurs No matter how good your research is or how many numbers you have crunched before a rate decision is made, central banks can throw a curve ball and knock all predictions out of the park with a surprise rate hike.