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
Foreign Exchange Rates and Market Influences Read More »
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
Foreign Exchange Rates – Factors Affecting Rates Read More »
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
Make Money by Trading Money (Currency Trading) Read More »
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
4 Tips to Remember if You Want to Make Money on Currency Trading Read More »
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
Forex CFD’s for Beginners Read More »
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
Is Forex CFD Trading Spread Betting? Read More »
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
Forex News: Strong EUR/USD Showing for the Day Read More »
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
Forex News: Forecast for the Week Read More »
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
US Dollar Pulls Off Stronger Showing against the Yen Read More »
Forex news in relation to the Euro no longer shocks traders; and headlines on the US Dollar seem to always start with the word “Volatility”. This is one of the more outrageous statements coming from some sectors in Forex. Of course, traders still grit their teeth at the losses they are incurring but as a
Forex News EURO and US Dollar Woes Read More »
