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    易之家外贸SNS社区 Tradesns foreign trade community
    当前所在页面位置: 首页 > 有问必答 > Is it a better option to convert US dollars to foreign currency and hold onto them until the value rises and then sell or purchase on the Forex instead?
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    GreenBetty
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    Is it a better option to convert US dollars to foreign currency and hold onto them until the value rises and then sell or purchase on the Forex instead?

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    • 发布时间:2018-11-05 15:25:38
    Is it a better option to convert US dollars to foreign currency and hold onto them until the value rises and then sell or purchase on the Forex instead?
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    WuKrise
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    Currency rates change very slowly* so you’ll need leverage (i.e. trade on forex) if you want to see any profit (or, more likely, loss). Also, banks and retail currency exchanges work with abysmal spreads (even more so at airports and train stations) so you’ll lose money each time, no exception.

    * Unless the UK goes Brexit, Russia or Mexico defaults, the Thai baht or the Swiss franc gets unpegged, and the like…

    #1楼 2018-11-05 17:13:02 回复(0)
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