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- FXThoughts replied Oct 11, 2007
Yes NFX...what Merlin has written is correct. However if one is transacting on the ground level, then one cannot escape the USD leg. Suppose I want to change my currency from INR to EUR, then my moneychanger converts INR first into USD, and then he ...
- FXThoughts replied Oct 10, 2007
NFX.... This is just because USD is the reserve currency of the world and all the central banks quote their currency in terms of USD. The USD is the most liquid currency globally with it being accepted everywhere. When GBP was the reserve currency ...
- FXThoughts replied Sep 26, 2007
Igrok - Based on the data we have, the all time EUR-USD high was 1.4160, which was hit in Apr-1995. Different chart providers give different data because they are looking at different data's. Some compute from high of USD-DEM, and some from the ...
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