The Aussie exchange rate is today continuing a rally which began Monday afternoon and was helped along by strong GDP and an even stronger jobs number yesterday. The Aussie is up nearly three cents since Monday’s low. EUR/USD has performed equally well but that is no surprise given the two currency pairs are seen as risk trades and therefore closely correlated. EUR/USD is up nearly three cents since posting a low of 1.2288 on 1st June. Continue reading
Tag Archives: China
Preparing To Start Your Foreign Exchange Job
This is the last blog post in my series on foreign exchange jobs, in particular getting a job as a foreign exchange dealer. We began with Preparing A Cover Letter For Foreign Exchange Jobs in which I gave some of my tips about how to customize your cover letter to give you every chance of making it through to the all-important interview process. Following that we went on to Preparing For An Interview For Foreign Exchange Jobs where Continue reading
What Kind Of Foreign Exchange Jobs Are There?
There are many different kinds of foreign exchange jobs, from back office administration roles to front end customer facing sales roles.The industry overall is growing and this has occurred due to increased globalization which has led to more trade, more travel and hence more and more foreign exchange transactions taking place. Continue reading
Exchange Rate Today – 17th May 2012
Markets settled somewhat overnight ending the rort which has driven markets to their lowest point of 2012. AUD/USD fell to 0.9870 during U.S trade before finding support with the exchange rate today expected to hover around the low-to-mid 0.99′s. EUR/USD followed much the same path, falling below 1.2700 before buyers saw some value. Continue reading