Currency Trading EUR/USD & USD/CHF

anna — Sun, 22 Feb 2009 10:56:02 +0000

Hi Anna, I’m currently reading your Making Bread Web pages on currency trading, which seems to take a very down-to-earth approach. If only some of my colleagues would do likewise! Being a software engineer I’m always looking for consistency in notation. I’m a tad confused when your pages discuss currency pairs such as 1) EUR/USD and; 2) USD/CHF. Looking at the two pairs quoted above do they mean; 1) how many US$ a Euro can buy; 2) how many Sw. Francs a US$ can buy? I’d instinctively express the ratio “how many US$ a Euro will buy” as : US$ —— or USD/EUR Euro due to my mathematical training. Can you clarify? In the Forex market is their consistency of notation on these ratios? Regards Eric

Euro Exchange Rate

anna — Sun, 22 Feb 2009 10:25:28 +0000

How do you see the future of sterling against the euro, short term and longer term. My feeling is that the one size fits all is not working very well for interest rates within the euro zone and this is leading to political pressure in countries such as Spain and Italy to withdraw from the euro. Alan P.S. I find your articles very interesting and informative.

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Currency Trading EUR/USD & USD/CHF

Euro Exchange Rate