I know I've been swaying off the topic of Forex for the past couple of days so I've decided that it's a good idea to start blogging about it again. I was looking around for helpful tools for people to use when getting started in the foreign exchange market. I came across this nice website called forex forum. Basically, this forums gives you tips on different pairs of currencies and forecasts their high point, low point, and resistance. This can come in handy for anyone who is looking to see which currency is currently strong and which ones are weaker.
The current currency rates are:
1 Canadian Dollar = $1.0186 US Dollar.
1 Mexican Peso = $0.0834 US Dollar.
1 British Pound = $1.6364 US Dollar.
1 European Euro = $1.4171 US Dollar.
1 Chinese Yuan = $0.1525 US Dollar.
1 US Dollar = 80.8650 Japanese Yen.
1 Australian Dollar = $1.0092 US Dollar.
This is the currency rates of the various currencies as of March 22nd. Remember, currency rates are always changing and therefore the foreign exchange market appeals to active traders.
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