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Foreign Currency QuotesLast update: Wednesday 23rd of May 2012
Governmental and municipal offices were required to accept up to 100 Francs of tokens (even though they were not convertible and had a lower silver content than the Union coins. An example of a trade might be the following. A trade of EUR/USD bid/ask currency rates at your bank may be 1.1015/1.2015, representing a spread of 1000 pips (also called points, one pip = 0.0001.) The smaller the spread the better for the investor. The reason for this is that in order to pre-empt inflationary pressures. This need arises precisely because these countries share a common currency. In other words, you want to buy low and sell high. Investing in the FX is no different. The vast majority of the investments are made by people or institutions which have no intention of every actually taking possession of the currency. Any time you have more of anything, this can result in a lowering of the purchasing capability of society, which results in a lowering of the purchasing capability of society, which results in a deleterious affect on the demand for a currency, simply because
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