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Trading in the foreign currency exchange market has quite a lot of similarities with playing poker. But before you start developing the wrong impression that I am putting foreign currency exchange on the same league as the game of poker, let me tell you outright that this is far from it. This is about the […]
Trading the Foreign Currency Exchange with the Mind Set of a Poker Player Read More »
Foreign currency exchange or forex for short has continuously attracted investors into its fold. The promise of making big money fast has always been its greatest come on. Unfortunately, for many who dipped their fingers into this highly volatile market, they are finding out too late that they are ill prepared for the foreign exchange
The Ten “Shall Not’s” of Forex Trading Read More »
It is quite ironic that the foreign currency exchange market which is the biggest and most liquid financial market is largely self regulated without an officially recognized international authority to regulate the industry. In the U.S., prior to the Dodd-Frank Regulations, it was only the National Futures Authority, a private, members only association of securities
What makes the Foreign Currency Exchange Market Unique? Read More »
As you will find out soon enough, the foreign currency exchange market is not all pink and roses. There are drawbacks that you need to be aware of at the onset. Also, some of the best advantages of trading the forex market can turn into in to disadvantages that may derail your forex adventure and
The Drawbacks of the Foreign Currency Exchange Read More »
The foreign currency exchange market is by far the largest asset class today with almost $4 trillion in daily turnover volume. But much more than its gargantuan daily turnover, it has unique characteristics that make it stand out from the rest of the other financial markets. Forex is a highly liquid market. Because of its
The Unique Characteristics of the Foreign Currency Exchange Market Read More »
It cannot be denied that most currency traders never fail to pay attention to updates regarding the Euro exchange rate. After all, the value of the aforesaid currency is among the most important indicators of the latest trends in the global market. It should be pointed out however, that merely knowing the Euro’s current price
Euro Exchange Rate: Understanding a Currency’s Value Read More »
It cannot be denied that many currency traders make it a point to remain updated about the latest developments on the Euro exchange rate, or more specifically the EUR/USD pair. In a way, this highlights the sheer significance of the Euro in the global market. Indeed, regardless of the issues that continue to affect the
Euro Exchange Rate: the Complexities of a Currency Read More »
Moody’s has just lowered the European Union’s credit rating from stable to negative citing the region’s exposure to the European Debt Crisis as possibly putting a strain on the member states with AAA ratings. It explained that the downgrade is more reflective of the negative ratings it has for the main contributors to the EU
Exchange Rates – Euro Shrugs off Moody’s Negative Rating Read More »
Currency exchange rate is essentially the value of one currency in terms of another currency. The need for rates of exchange stems from the fact that one currency is hardly accepted in another currency. For example if you are in the Philippines and would like to purchase an item say a pair of Jeans, you
Currency Exchange Rates for Dummies Read More »
For many traders, attempting to predict currency exchange rates is an exercise in futility, since they are determined by factors beyond the trader’s control. In fact, what traders do is try to look for price trends that could signal profitable trades. However, there are some methods that many traders swear by. While these methods may
Four Methods for Predicting Currency Exchange Rates Read More »
