Discussion of Forex Trading and Currency Trading

How can I develop money sense in foregin currency?

I was grown up in Japan and spent most of the time there.
Thus I know whether things are cheap or expensive ONLY WHEN the price is stated in Japanese yen.
I always have to do a currency conversion to understand the price stated in dollar or euro or whatever.

I prefer to have the money sense in several major currencies, but is there anythere I can do to develop this?

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2 Responses to “How can I develop money sense in foregin currency?”

  1. actually that would be hard.the value of money in different countries is affected by inflation of each country. you must understand the economy of a country to have a sense of its value relative to other currencies.

    converting it is the best way. the purchasing power of one currency over the other must be observed. in different countries, prices differ.

  2. Ask about courses at college. Study through papers and web sites on stock exchange and foreign currency rates online. Ask about jobs at foreign currency exchanges.

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