How do I best profit from a currency exchange?
Posted March 21st, 2010 by admin 2 Comments »
Jake Buffett asked:
Im wanting to transfer some of my US money into my UK account, but do not understand the way the exchange rate works.. Do I wait until the dollar is at its weakest against the pound, or wait until the dollar is strong to get a better profit from conversion?
Im wanting to transfer some of my US money into my UK account, but do not understand the way the exchange rate works.. Do I wait until the dollar is at its weakest against the pound, or wait until the dollar is strong to get a better profit from conversion?
Can somebody explain this to me?