Bmurphy17
Bmurphy17
23.04.2021 • 
Business

My name is Maurice. I have $50,000 in FXCM (Foreign Exchange Market). I am considering converting dollar to Euro now. The rate I apply now (first exchange rate conversion) is 0.95 Euro/$. In the evening, I bet the rate will be 0.92 Euro/$. Let's assume there are no service fees about this process. If I strongly believe in my speculation (i.e. my speculation that the exchange rate in the evening would be 0.92 Euro/$), what would be your advice to me

Solved
Show answers

Ask an AI advisor a question