The main reason why you are getting into the foreign exchange market is to gain profits. This is the main reason why forex brokers are also in the market. You and your forex broker should co-exist and both reap profits out of your trading activities. This is the reason why you have to find a […]
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There is great volatility in the foreign exchange market. Foreign exchange rates can fluctuate in a matter of minutes or even seconds – some can move by as little as a fraction of one currency unit and some by drastic amounts of several currency units. These price movements are not random. Price action models suppose
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Forex is one of the most volatile markets today. Foreign exchange rates can change within seconds, making it important for individuals to make the right call within the right time frame. Should they miss that, then their chances of earning a profit may be lost – all in a span of minutes. This is why
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Currency trading, more popularly known as foreign exchange trading or Forex trading, is defined as the act of buying and/or selling of currencies in order to take advantage of the difference in price and more particularly in the fluctuations of one currency as opposed to another. The goal of Forex trading is to buy currencies
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Currency trading, a.k.a. Forex trading involves dealing in foreign exchange currencies, usually in currency pairs. The goal is to use the difference between the price of one currency as opposed to another and as a whole. Much like any other enterprise, if you want to be good at and make profits via Forex then you
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In general terms, Forex CFD is identical to Spot Forex Trading. It is a derivative investment product whose price is based on or ‘derived’ from the spot price of the underlying currency pair. There is a Forex CFD product for all major currency pairs and for a number of minor currency pairs. But unlike Spot
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Spread betting is a form of gambling where you wager on any of the possible outcomes of an event. It took quite a long while for the financial markets to finally openly accept the fact that trading the financial markets is indeed a form of gambling. But the introduction and adoption of CFDs by practically
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For most part of the day yesterday, the EUR/USD pair showed strength, even as the Euro zone was besieged by a wide range of negative economic information that range from PPI to CPI, according to forex news today. Germany was the only one to post a positive report for the day. However, the German ZEW
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AUD/USD Last week, the Aussie dollar made forex news headlines as it remained perched in its lofty status as the financial institutions’ currency of choice in light of the Reserve Bank of Australia’s very realistic monetary policy statements and the surprisingly high employment figures. And although the currency hardly moved last week, it made a
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It’s not only Julia Child’s 100th birth anniversary that made the news today as the US Dollar hit a record high for the month, breaching the 79 mark against the Japanese Yen. Likewise, the US benchmark 10-year Treasury note was pegged at 1.81 percent, off-shooting Japan’s similar maturity security by 97 basis points. Forex news
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