3 ms·
> The daily spot price seems like a huge risk for businesses. You factor it into your pricing models. Take the daily spot price from the day before, go +/- 3 c
by oarsinsync 8y ago
> The daily spot price seems like a huge risk for businesses.
You factor it into your pricing models. Take the daily spot price from the day before, go +/- 3 cents in your favour, and you're probably fine. Unless you're dealing with a hugely volatile currency, you're unlikely to see more than a 1 or 2 cent variation on a day by day basis.