A currency ETF is an exchange-traded fund that holds various financial instruments designed to track the relative value of one or more foreign currencies. They’re used for hedging exposure to exchange ...

Forex, short for the foreign exchange market, refers to the decentralized global market where currencies are bought and sold. It involves buying one currency while simultaneously selling another, with ...

Forbes contributors publish independent expert analyses and insights. Catherine Brock covers personal finance and investing. Individual investors are increasingly trying their hand at foreign exchange ...

If you are interested in trading currencies, it helps to understand what a currency quote is and how it works. A currency quote is the price of one currency in terms of another. It tells you how much ...

Forex traders make bets on fluctuations in global currency prices. Trades can use leverage and margin to make big profits on relatively small positions. These markets are volatile and unpredictable, ...

Dynamic currency conversion allows consumers to choose to use their home currency when transacting with retailers, restaurants and other services in foreign countries. Customers view a bill showing ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in ...

Banks typically provide better exchange rates compared to airport kiosks or tourist areas. Understanding fees, spreads and rates helps you maximize your currency exchange value. Planning ahead ...

Robert Kelly is managing director of XTS Energy LLC, and has more than three decades of experience as a business executive. He is a professor of economics and has raised more than $4.5 billion in ...

Important Disclosure: The content provided does not consider your particular circumstances and does not constitute personal advice. Some of the products promoted are from our affiliate partners from ...

Don't use your debit card to pay for anything but ATM withdrawals. Both cash and credit are useful for different transactions. You can get foreign currency from your bank, a currency exchange kiosk or ...

Traveling overseas soon? Understand how exchange booths make money off supposed "commission-free" deals and what to do ...