Forex News Trader was developed to give traders the edge they need to learn how to trade based on economic news events from around the world. The same edge the institutions use to make hundreds of millions and even billions of dollars in profit each year.
Forex News Trading will provide you with the information you need to give you a true insider’s understanding of the Forex markets. You will feel confident in your trading, and never doubt your trades again.
Does this mean you will win every trade? No, of course not, but armed with the knowledge Forex News Trader will provide you, you will never be afraid to take that next trade – as the odds will now be tipped in your favor.
Each and every month there are a tremendous number of news releases for the Off Exchange Retail Foreign Currency Market (FOREX). Many of these events and announcements move the markets considerably. But how do you properly capitalize on these moves? Get it wrong and you could be wiped out. Get it right and you can be in a small group of trading elite, consistently pulling pips out of the market each and every week.
Sunday, October 4, 2009
Forex News Trader
Forex News Trader was developed to give traders the edge they need to learn how to trade based on economic news events from around the world. The same edge the institutions use to make hundreds of millions and even billions of dollars in profit each year.
Forex News Trading will provide you with the information you need to give you a true insider’s understanding of the Forex markets. You will feel confident in your trading, and never doubt your trades again.
Does this mean you will win every trade? No, of course not, but armed with the knowledge Forex News Trader will provide you, you will never be afraid to take that next trade – as the odds will now be tipped in your favor.
Each and every month there are a tremendous number of news releases for the Off Exchange Retail Foreign Currency Market (FOREX). Many of these events and announcements move the markets considerably. But how do you properly capitalize on these moves? Get it wrong and you could be wiped out. Get it right and you can be in a small group of trading elite, consistently pulling pips out of the market each and every week.
Forex News Trading will provide you with the information you need to give you a true insider’s understanding of the Forex markets. You will feel confident in your trading, and never doubt your trades again.
Does this mean you will win every trade? No, of course not, but armed with the knowledge Forex News Trader will provide you, you will never be afraid to take that next trade – as the odds will now be tipped in your favor.
Each and every month there are a tremendous number of news releases for the Off Exchange Retail Foreign Currency Market (FOREX). Many of these events and announcements move the markets considerably. But how do you properly capitalize on these moves? Get it wrong and you could be wiped out. Get it right and you can be in a small group of trading elite, consistently pulling pips out of the market each and every week.
Tuesday, September 22, 2009
CMS Forex UK launches
Capital Market Services LLC, a worldwide leader in online Forex trading, is expanding with the launch of its FSA regulated subsidiary and affiliate in the United Kingdom - CMS Forex UK (www.cmsfx.co.uk).
Headed by Damien Francis and Alex Hartley, CMS Forex UK will bring its unique combination of personalised customer service and advanced FX technology to both institutional and private clients in the UK and overseas.
Clients will have access to CMS Forex’s full suite of services including: its own advanced trading platform VT Trader; the popular CMS MetaTrader4; free market analysis and education; quality trade execution; and competitive spreads. CMS Forex UK will offer several unique products and trading terms not offered at CMS Forex in the USA, including the ability to hedge trades, flexible use of stops and limits, up to 400:1 leverage and fully segregated accounts. In the coming months, further new products will also be added including Commodities and CFDs.
“Since our inception in 1999, we have been steadily expanding in the Forex industry and growing our global footprint,” said Vera Hawkin, CEO of Capital Market Services, LLC. “Launching this new office will allow us to provide even more personalised care and enable us to better cater to clients from the UK and overseas”.
Damien Francis added: “I am thrilled to be joining CMS Forex, and am proud to be leading the development of this key strategic office. Looking after our customers will be our number one priority and I am particularly excited about introducing them to VT Trader. This will enhance our clients’ trading experience via web, mobile or desktop, through powerful trading, charting and news tools, with a high degree of customisation. We also have the unique opportunity of building and developing the right team of staff from scratch – new key hires will be made in the coming months.
Until recently Damien Francis was a Board Director and Head of Marketing at ODL Securities, where he was instrumental in turning the business into a leading retail brand, and helping to develop the trading house’s global expansion strategy. He is joined by Alex Hartley as Compliance Director. Hartley has over 24 years global compliance and board level experience including roles at Lehmans, West LB, IFX Markets and ODL Securities.
Headed by Damien Francis and Alex Hartley, CMS Forex UK will bring its unique combination of personalised customer service and advanced FX technology to both institutional and private clients in the UK and overseas.
Clients will have access to CMS Forex’s full suite of services including: its own advanced trading platform VT Trader; the popular CMS MetaTrader4; free market analysis and education; quality trade execution; and competitive spreads. CMS Forex UK will offer several unique products and trading terms not offered at CMS Forex in the USA, including the ability to hedge trades, flexible use of stops and limits, up to 400:1 leverage and fully segregated accounts. In the coming months, further new products will also be added including Commodities and CFDs.
“Since our inception in 1999, we have been steadily expanding in the Forex industry and growing our global footprint,” said Vera Hawkin, CEO of Capital Market Services, LLC. “Launching this new office will allow us to provide even more personalised care and enable us to better cater to clients from the UK and overseas”.
Damien Francis added: “I am thrilled to be joining CMS Forex, and am proud to be leading the development of this key strategic office. Looking after our customers will be our number one priority and I am particularly excited about introducing them to VT Trader. This will enhance our clients’ trading experience via web, mobile or desktop, through powerful trading, charting and news tools, with a high degree of customisation. We also have the unique opportunity of building and developing the right team of staff from scratch – new key hires will be made in the coming months.
Until recently Damien Francis was a Board Director and Head of Marketing at ODL Securities, where he was instrumental in turning the business into a leading retail brand, and helping to develop the trading house’s global expansion strategy. He is joined by Alex Hartley as Compliance Director. Hartley has over 24 years global compliance and board level experience including roles at Lehmans, West LB, IFX Markets and ODL Securities.
Interbank FX Extends Promotion Into September
Interbank FX, LLC, a leading provider of online off-exchange retail foreign currency (Forex/FX) trading services, announced this week plans to extend their August promotion into the month of September based on customer response rates.
Interbank FX’s promotion includes a free $50 FX live account for new customers. Even better, Interbank FX is offering a 10% deposit match on all deposits in September. This applies to all customers and is available to the public.
Extending this promotion comes in response to Interbank FX’s commitment to satisfying the needs of their customers.
“This particular promotion is back by popular demand,” said Todd Crosland, chairman and president of Interbank FX. “We’re listening to our customers, and are conscious of the best ways to serve them.”
By funding today, customers will continue to experience the many things that set Interbank FX apart from other online brokers, including:
* Full access to real-time Dow Jones FX Select news
* Award-winning customer service
* Competitive spreads and great execution (Spreads are not fixed and may widen in volatile market conditions)
* Multi-bank liquidity and much more!
Interbank FX’s promotion includes a free $50 FX live account for new customers. Even better, Interbank FX is offering a 10% deposit match on all deposits in September. This applies to all customers and is available to the public.
Extending this promotion comes in response to Interbank FX’s commitment to satisfying the needs of their customers.
“This particular promotion is back by popular demand,” said Todd Crosland, chairman and president of Interbank FX. “We’re listening to our customers, and are conscious of the best ways to serve them.”
By funding today, customers will continue to experience the many things that set Interbank FX apart from other online brokers, including:
* Full access to real-time Dow Jones FX Select news
* Award-winning customer service
* Competitive spreads and great execution (Spreads are not fixed and may widen in volatile market conditions)
* Multi-bank liquidity and much more!
FXCM: Forex Trading Contest Offers $40,000 in Cash
FXCM Micro’s monthly forex trading contest starts tomorrow, September 1st, 2009. $25,000 in cash is awarded to the trader with the highest monthly trading return; $10,000 is awarded for second, and $5,000 for third place. FXCM Micro wants you to be the king!
Click here to watch a live chat question and answer session with a recent two time King of the Micro winner, on how he trades. http://forexforums.dailyfx.com/trading-pit-walker/98551-interview-king-live-11-00-et-08-31-a.html (Recorded Monday August 31, 2009 at 11:00 am EST)
The popular currency trading contest has been running for over four years and is free to participate in. King of the Micro is available to clients all around the world. Recent winners have come from the United States, China, Malaysia, and Canada.
All participants of the King of the Micro contest will receive the FXCM Power Course free to improve their chances to be King.
There is no registration needed, and the requirements are simple: all FXCM Micro clients with $500 in their Micro account at the beginning of the month are automatically entered. And traders must make at least ten trades during the month.
For more information on the King of the Micro contest, to read the full contest rules, and to deposit money into your FXCM Micro account, click here.
FXCM Micro is the discount brokerage division of FXCM. Traders may open an account and start trading with as little as $25 to enjoy FXCM Micro’s super-low spreads, automated execution, and 1k lot sizes. FXCM Micro is offered for individual, self-traded accounts.
Click here to watch a live chat question and answer session with a recent two time King of the Micro winner, on how he trades. http://forexforums.dailyfx.com/trading-pit-walker/98551-interview-king-live-11-00-et-08-31-a.html (Recorded Monday August 31, 2009 at 11:00 am EST)
The popular currency trading contest has been running for over four years and is free to participate in. King of the Micro is available to clients all around the world. Recent winners have come from the United States, China, Malaysia, and Canada.
All participants of the King of the Micro contest will receive the FXCM Power Course free to improve their chances to be King.
There is no registration needed, and the requirements are simple: all FXCM Micro clients with $500 in their Micro account at the beginning of the month are automatically entered. And traders must make at least ten trades during the month.
For more information on the King of the Micro contest, to read the full contest rules, and to deposit money into your FXCM Micro account, click here.
FXCM Micro is the discount brokerage division of FXCM. Traders may open an account and start trading with as little as $25 to enjoy FXCM Micro’s super-low spreads, automated execution, and 1k lot sizes. FXCM Micro is offered for individual, self-traded accounts.
Forex: GBP/USD extends decline to 1.6400 as fresh 1-week low
FXstreet.com (Barcelona) – The Sterling has continued with its today's drop against the Greenback on the back of the King's morning comments and the better than expected US today's data. GBP/USD has fallen 260 pips since the early European session from intraday high at 1.6660 to test 1.6400 and trade at 1-week low levels.
Currently the pair is trading around 1.6520/30, 0.90% below today's opening price action at 1.6578.
Valeria Bednarik, FXstreet.com collaborator, comments: “Strong fall in Gbp, halted around static support zone around 1.6440, suggest some upside correction before another attempt to break lower, as hourly indicators reached oversold conditions. Bigger time frames turned bearish yet 200 EMA in 4 hours charts, around mentioned 1.6440 is capping the downside. We need to see the pair clearly under to call for further downside movements here.”
Currently the pair is trading around 1.6520/30, 0.90% below today's opening price action at 1.6578.
Valeria Bednarik, FXstreet.com collaborator, comments: “Strong fall in Gbp, halted around static support zone around 1.6440, suggest some upside correction before another attempt to break lower, as hourly indicators reached oversold conditions. Bigger time frames turned bearish yet 200 EMA in 4 hours charts, around mentioned 1.6440 is capping the downside. We need to see the pair clearly under to call for further downside movements here.”
WORLD FOREX: Dollar Remains Higher On Encouraging US Data
NEW YORK (Dow Jones)--The dollar remains stronger against the euro and yen late morning Tuesday after better-than-expected U.S. economic data gave the U.S. currency at least a temporary lift from its post-summer slide.
Whether the dollar can sustain its burst of strength is uncertain, analysts said. In choppy trading, the U.S. currency has already given back some of its post-data gains to the yen and euro.
The latest report on retail sales, which analysts had said are key to a U.S. economic recovery, came in better than expected, with a 2.7% increase, boosted by the government's "Cash for Clunkers" car-buying program. The U.S. Producer Price Index rose 1.7% in August, higher than the 1% analysts had expected.
In addition, the New York Fed's Empire State business-conditions index climbed to 18.88 in September, its highest level since late 2008.
The three reports painted a more encouraging picture of the U.S. economy than investors have been accustomed to seeing.
That the dollar gained on positive U.S. data could be a sign that the dollar sell-off has hit a floor, said Brian Dolan, chief currency strategist at Forex.com in New Jersey.
Late Tuesday morning in New York, the euro was at $1.4596 from $1.4612 late Monday, according to EBS via CQG. The dollar was at Y91.29 from Y91.00. The euro was at Y133.25 from Y132.98. The U.K. pound was at $1.6440 from $1.6562, while the dollar was at CHF1.0387 from CHF1.0355.
The euro had been on a tear against the dollar since the U.S. Labor Day holiday last week, when risk appetite flooded back into the market. The euro hit a nine-month high against the dollar on Monday.
The common currency slipped below $1.4561 in morning trading as investors repositioned after the U.S. data and consolidated after the euro's recent rally.
Still, traders said they expected the euro to remain within its new range.
"We believe the euro extended itself last week, and I think we're just consolidating in these ranges," said Greg Salvaggio, vice president of capital markets at Tempus Consulting in Washington.
The euro within the next few days should trade in a range from $1.4450 to $1.4650, said Sacha Tihanyi, a currency strategist with Scotia Capital in Toronto.
Even if the dollar is given temporary boosts by improving U.S. economic data, the euro is likely to strengthen to $1.50 by the end of the year, based on concerns over U.S. fiscal health, including mounting deficit spending, Tihanyi said.
A significant decline in the dollar had been called a threat to U.S. financial stability in comments Monday from San Francisco Federal Reserve President Janet Yellen. She added that the Fed doesn't have control over the currency, but takes the dollar's movements into consideration when setting monetary policy.
Meanwhile, the pound fell sharply overnight - and continues to fall - after Bank of England Governor Mervyn King said cutting the rates that the BOE pays on deposits could be a "useful supplement" to monetary policy.
The pound sank swiftly from $1.66 to the $1.6525 area, a six-day low against the dollar, immediately after King made the comments in a testimony to a parliamentary committee. It later kept on falling.
Similarly, the euro shot up from GBP0.8786 to GBP0.8828, marking a three-month high against the pound.
"The fact that he made comments around the scope for a rate cut is not supportive for the currency. Given that sterling has performed quite well of late, this is a reality check," said Phyllis Papadavid, a currencies analyst at Societe Generale in London.
Whether the dollar can sustain its burst of strength is uncertain, analysts said. In choppy trading, the U.S. currency has already given back some of its post-data gains to the yen and euro.
The latest report on retail sales, which analysts had said are key to a U.S. economic recovery, came in better than expected, with a 2.7% increase, boosted by the government's "Cash for Clunkers" car-buying program. The U.S. Producer Price Index rose 1.7% in August, higher than the 1% analysts had expected.
In addition, the New York Fed's Empire State business-conditions index climbed to 18.88 in September, its highest level since late 2008.
The three reports painted a more encouraging picture of the U.S. economy than investors have been accustomed to seeing.
That the dollar gained on positive U.S. data could be a sign that the dollar sell-off has hit a floor, said Brian Dolan, chief currency strategist at Forex.com in New Jersey.
Late Tuesday morning in New York, the euro was at $1.4596 from $1.4612 late Monday, according to EBS via CQG. The dollar was at Y91.29 from Y91.00. The euro was at Y133.25 from Y132.98. The U.K. pound was at $1.6440 from $1.6562, while the dollar was at CHF1.0387 from CHF1.0355.
The euro had been on a tear against the dollar since the U.S. Labor Day holiday last week, when risk appetite flooded back into the market. The euro hit a nine-month high against the dollar on Monday.
The common currency slipped below $1.4561 in morning trading as investors repositioned after the U.S. data and consolidated after the euro's recent rally.
Still, traders said they expected the euro to remain within its new range.
"We believe the euro extended itself last week, and I think we're just consolidating in these ranges," said Greg Salvaggio, vice president of capital markets at Tempus Consulting in Washington.
The euro within the next few days should trade in a range from $1.4450 to $1.4650, said Sacha Tihanyi, a currency strategist with Scotia Capital in Toronto.
Even if the dollar is given temporary boosts by improving U.S. economic data, the euro is likely to strengthen to $1.50 by the end of the year, based on concerns over U.S. fiscal health, including mounting deficit spending, Tihanyi said.
A significant decline in the dollar had been called a threat to U.S. financial stability in comments Monday from San Francisco Federal Reserve President Janet Yellen. She added that the Fed doesn't have control over the currency, but takes the dollar's movements into consideration when setting monetary policy.
Meanwhile, the pound fell sharply overnight - and continues to fall - after Bank of England Governor Mervyn King said cutting the rates that the BOE pays on deposits could be a "useful supplement" to monetary policy.
The pound sank swiftly from $1.66 to the $1.6525 area, a six-day low against the dollar, immediately after King made the comments in a testimony to a parliamentary committee. It later kept on falling.
Similarly, the euro shot up from GBP0.8786 to GBP0.8828, marking a three-month high against the pound.
"The fact that he made comments around the scope for a rate cut is not supportive for the currency. Given that sterling has performed quite well of late, this is a reality check," said Phyllis Papadavid, a currencies analyst at Societe Generale in London.
Forex: USD/CHF tests 1.0370 support
FXstreet.com (Barcelona) – The Dollar has declined back against the Swissy to test 1.0370 level (MA55 hourly chart) after reaching intra-day high at 1.0420 in the early American session. Currently the pair is trading around 1.0360/70, 0.30% above today's opening price action at 1.0337.
Kshitij Consultancy Service Team comments: “Swiss tested the Resistance region 1.0385-0400 mentioned earlier and is now trading near this Resistance region. As the overall sentiment remains bearish, we expect this Resistance region (1.0385-0400) to hold during the US session and might see a downmove towards 1.0300-0280 in the coming sessions/days. Note that the projected Max-Low for the day is 1.0306. On the other hand a break and further move above 1.0400 might see 1.0430-50 on the upside.”
Kshitij Consultancy Service Team comments: “Swiss tested the Resistance region 1.0385-0400 mentioned earlier and is now trading near this Resistance region. As the overall sentiment remains bearish, we expect this Resistance region (1.0385-0400) to hold during the US session and might see a downmove towards 1.0300-0280 in the coming sessions/days. Note that the projected Max-Low for the day is 1.0306. On the other hand a break and further move above 1.0400 might see 1.0430-50 on the upside.”
Forex: EUR/USD trades above 1.4600 after bouncing at 1.4560
FXstreet.com (Barcelona) – The Euro is trading back above 1.4600 level against the Greenback after falling 65 pips from 1.4626 to post intra-day low at 1.4560 in the minutes following the better than expected US retail sales report. During the American session, euro has recovered almost all of its previous losses and pair has risen to trade above 1.4600.
Currently the pair is trading around 1.4605/15, 0.10% below today's opening price action at 1.6578.
According to Mohammed Isah, technical analyst at FXTechtrade, current downtrend is a corrective one and the Euro will resume uptrend: "Its overall trend remains higher suggesting that the mentioned price action remains corrective of its MT uptrend. In such a case, its minor support printed Monday at 1.4514 will come in as initial support ahead of its stronger support residing at the 1.4446 level, its Aug 09 high where a reversal of roles is expected to turn EUR higher again."
Currently the pair is trading around 1.4605/15, 0.10% below today's opening price action at 1.6578.
According to Mohammed Isah, technical analyst at FXTechtrade, current downtrend is a corrective one and the Euro will resume uptrend: "Its overall trend remains higher suggesting that the mentioned price action remains corrective of its MT uptrend. In such a case, its minor support printed Monday at 1.4514 will come in as initial support ahead of its stronger support residing at the 1.4446 level, its Aug 09 high where a reversal of roles is expected to turn EUR higher again."
Forex: Euro rises to 1.4678, fresh 2009 high
FXstreet.com (Córdoba) – The rise in equities is sending Greenback down across the board. EUR/USD recently broke above 1.4652 to 1.4678, posting a fresh high for the year. The pair is now 0.25% above today’s opening price and is extending a seven day rally. On the upside the next resistance lies at 1.4700 and above at 1.4715 (Dec 18 high).
The FastBrokers Research Team affirms: “Technically speaking, the EUR/USD is still riding high off of last Tuesday’s breakout to the topside. The currency pair continues to set higher lows while trading above the psychological 1.45 level. We still place significance on Tuesday’s movement since the EUR/USD leapt to new 2009 highs. There aren’t any concrete, historical downtrend lines we can cross through present ranges. Hence, the medium-term uptrend is clearly intact. “
The FastBrokers Research Team affirms: “Technically speaking, the EUR/USD is still riding high off of last Tuesday’s breakout to the topside. The currency pair continues to set higher lows while trading above the psychological 1.45 level. We still place significance on Tuesday’s movement since the EUR/USD leapt to new 2009 highs. There aren’t any concrete, historical downtrend lines we can cross through present ranges. Hence, the medium-term uptrend is clearly intact. “
Forex: Greenback falls below 91.00 against the Yen
FXstreet.com (Córdoba) – The rise in U.S. markets boosted the Yen against the Dollar in the last hours. USD/JPY fell below 91.00 to 90.80, only two pips above intra-day low at 90.78. In case the pair breaks below the next support lies at 90.60. Current price at 90.92/94 is 0.05% above today’s opening price. On the upside resistance is located at 91.55 (intra-day high) and above at 91.90 and 92.10.
The FastBrokers Research Team afirms: “Despite the USD/JPY’s negative tendency, the currency pair seems to be running out of room to the downside since it has historical trading ranges nearby dating back to December 2008 and January 2009 lows. Meanwhile, investors continue to act off of the belief that the DPJ will enact economic policies supportive of a stronger Yen. However, it remains to be seen whether the BoJ will alter its monetary policy approach in any dramatic way.”
The FastBrokers Research Team afirms: “Despite the USD/JPY’s negative tendency, the currency pair seems to be running out of room to the downside since it has historical trading ranges nearby dating back to December 2008 and January 2009 lows. Meanwhile, investors continue to act off of the belief that the DPJ will enact economic policies supportive of a stronger Yen. However, it remains to be seen whether the BoJ will alter its monetary policy approach in any dramatic way.”
Forex: GBP/USD rebounds at 1.6400 and tests levels above 1.6500
FXstreet.com (Córdoba) – Cable found support at 1.6400 and from there started to rise. GBP/USD topped at 1.6510 posting the highest price for the American session. The rally in U.S. equities boosted Cable. Currently the pair is back below 1.6500 and is still down for the day, 0.50% below today’s opening price. The next resistance lies at 1.6520 (Sep 14 low) and above at 1.6590.
Against the Euro, the Pound plunged today falling to a fresh 4-month low. EUR/GBP rose to 0.8895 posting the highest price since May 15th.
Against the Euro, the Pound plunged today falling to a fresh 4-month low. EUR/GBP rose to 0.8895 posting the highest price since May 15th.
FX Drifts, Focus on Central Banks
With little economic data released at the start of the week, the focus in the currency market has shifted to Central Bank rhetoric, with the key highlights attributed to commentary from Fed Chairman Ben Bernanke and ECB President Jean-Claude Trichet. Speaking from the Fed’s annual symposium in Jackson Hole, Wyoming, Bernanke offered an optimistic assessment over the economic outlook saying, “economic activity appears to be leveling out, both in the US and abroad, and the prospects for a return to growth in the near-term appear good”. His upbeat outlook spurred on gains in the equity and commodities markets, while pushing the dollar slightly lower against the majors.
Meanwhile, ECB President Trichet sounded a cautious tone over the economic outlook for the Eurozone, suggesting that interest rates will likely remain low for a protracted length of time. He said, “We see signs confirming that the real economy is starting to get out of the period of freefall”, yet it “does not mean at all that we do not have a very bump road ahead of us”.
Nonetheless, the major currency pairs continue to drift in a lackluster manner as the summer doldrums have confined foreign exchange to rangebound trading. We remain biased for further dollar weakness in the coming weeks as economic data from the US continue to gradually improve and support the equity markets.
Meanwhile, ECB President Trichet sounded a cautious tone over the economic outlook for the Eurozone, suggesting that interest rates will likely remain low for a protracted length of time. He said, “We see signs confirming that the real economy is starting to get out of the period of freefall”, yet it “does not mean at all that we do not have a very bump road ahead of us”.
Nonetheless, the major currency pairs continue to drift in a lackluster manner as the summer doldrums have confined foreign exchange to rangebound trading. We remain biased for further dollar weakness in the coming weeks as economic data from the US continue to gradually improve and support the equity markets.
Forex: EUR/GBP holds near 0.8900
FXstreet.com (Córdoba) – The Euro finished with strong gains against the Swiss Franc and the Pound on Tuesday. EUR/GBP broke during the European session a key resistance at 0.8840 and rose to 0.8895, posting the highest price since May 15. At 0.8900 the pair has an important psychological level to break and above the next resistance lies at 0.8935 and above at 0.9000. The par has risen two hundred pips in the last two days and broke an important downtrend line.
Against the Swiss Franc the Euro also rose but at a slower face. EUR/CHF broke above 1.5150 and rose to 1.5170, which now holds as a strong resistance zone. The pair rose for the first time after five days. The Euro is still facing a downside momentum but is getting away from the 1.5100 zone.
Against the Swiss Franc the Euro also rose but at a slower face. EUR/CHF broke above 1.5150 and rose to 1.5170, which now holds as a strong resistance zone. The pair rose for the first time after five days. The Euro is still facing a downside momentum but is getting away from the 1.5100 zone.
Forex: USD/JPY back above 91.00
FXstreet.com (Córdoba) – The Dollar managed to recovered against the Yen after falling to 90.80. The Japanese currency weakened and failed to hold below 91.00 against the Dollar. USD/JPY is back on top of 91.00 but only a few pips above. The pair is rising for the second day in a row, current price at 91.05/07 is 0.20% above today’s opening price. Despite the increase Greenback is far form intra-day high that was set during the European session at 91.60.
The Yen is rising for the day against Cable but in the last hours the rally eased. GBP/JPY is back above 150.00 after falling 149.50 posting the lowest price in two weeks. EUR/JPY on the other side is rising and consolidating above 133.50 which suggest that the pair could continue rising in the next hours. The next resistance above 133.70 lies at 134.15.
The Yen is rising for the day against Cable but in the last hours the rally eased. GBP/JPY is back above 150.00 after falling 149.50 posting the lowest price in two weeks. EUR/JPY on the other side is rising and consolidating above 133.50 which suggest that the pair could continue rising in the next hours. The next resistance above 133.70 lies at 134.15.
GBP/USD: Trading the Change in U.K. Jobless Claims
The U.K. labor market is widely anticipated to weaken throughout the second half of the year as economists forecast jobless claims to rise 25.0K in August, and fears of a slower recovery may weigh on the exchange rate as the Bank of England anticipates the annual rate of unemployment to push higher even after the economy emerges from the worst recession since the post-war period.
Forex: EUR/GBP holds near 0.8900
FXstreet.com (Córdoba) – The Euro finished with strong gains against the Swiss Franc and the Pound on Tuesday. EUR/GBP broke during the European session a key resistance at 0.8840 and rose to 0.8895, posting the highest price since May 15. At 0.8900 the pair has an important psychological level to break and above the next resistance lies at 0.8935 and above at 0.9000. The par has risen two hundred pips in the last two days and broke an important downtrend line.
Against the Swiss Franc the Euro also rose but at a slower face. EUR/CHF broke above 1.5150 and rose to 1.5170, which now holds as a strong resistance zone. The pair rose for the first time after five days. The Euro is still facing a downside momentum but is getting away from the 1.5100 zone.
Against the Swiss Franc the Euro also rose but at a slower face. EUR/CHF broke above 1.5150 and rose to 1.5170, which now holds as a strong resistance zone. The pair rose for the first time after five days. The Euro is still facing a downside momentum but is getting away from the 1.5100 zone.
Trading Forex
A currency trade is the simultaneous buying of one currency and selling of another one. The currency combination used in the trade is called a cross (for example, the euro/US dollar, or the GB pound/Japanese yen.). The most commonly traded currencies are the so-called “majors” – EURUSD, USDJPY, USDCHF and GBPUSD.
The most important Forex market is the spot market as it has the largest volume. The market is called the spot market because trades are settled immediately, or “on the spot”. In practice this means two banking days.
The most important Forex market is the spot market as it has the largest volume. The market is called the spot market because trades are settled immediately, or “on the spot”. In practice this means two banking days.
Why Trade Forex?
24 hour trading
One of the major advantages of trading Forex is the opportunity to trade 24 hours a day from Sunday evening (20:00 GMT) to Friday evening (22:00 GMT). This gives you a unique opportunity to react instantly to breaking news that is affecting the markets.
Superior liquidity
The Forex market is so liquid that there are always buyers and sellers to trade with. The liquidity of this market, especially that of the major currencies, helps ensure price stability and narrow spreads. The liquidity comes mainly from banks that provide liquidity to investors, companies, institutions and other currency market players.
No commissions
The fact that Forex is often traded without commissions makes it very attractive as an investment opportunity for investors who want to deal on a frequent basis.
Trading the “majors” is also cheaper than trading other cross because of the high level of liquidity. For more information on the trading conditions of Saxo Bank, go to the Account Summary on your SaxoTrader and open the section entitled “Trading Conditions” found in the top right-hand corner of the Account Summary.
100:1 Leverage
Leverage (gearing) enables you to hold a position worth up to 100 times more than your margin deposit. For example, a USD 10,000 deposit can command positions of up to USD 1,000,000 through leverage. You can leverage the first USD 25,000 of your investment up to 100 times and additional collateral up to 50 times.
Profit potential in falling markets
Since the market is constantly moving, there are always trading opportunities, whether a currency is strengthening or weakening in relation to another currency. When you trade currencies, they literally work against each other. If the EURUSD declines, for example, it is because the US dollar gets stronger against the euro and vice versa. So, if you think the EURUSD will decline (that is, that the euro will weaken versus the dollar), you would sell EUR now and then later you buy euro back at a lower price. In case that the EURUSD indeed declines, then you can take your profit. The opposite trading scenario would occur if the EURUSD appreciates.
One of the major advantages of trading Forex is the opportunity to trade 24 hours a day from Sunday evening (20:00 GMT) to Friday evening (22:00 GMT). This gives you a unique opportunity to react instantly to breaking news that is affecting the markets.
Superior liquidity
The Forex market is so liquid that there are always buyers and sellers to trade with. The liquidity of this market, especially that of the major currencies, helps ensure price stability and narrow spreads. The liquidity comes mainly from banks that provide liquidity to investors, companies, institutions and other currency market players.
No commissions
The fact that Forex is often traded without commissions makes it very attractive as an investment opportunity for investors who want to deal on a frequent basis.
Trading the “majors” is also cheaper than trading other cross because of the high level of liquidity. For more information on the trading conditions of Saxo Bank, go to the Account Summary on your SaxoTrader and open the section entitled “Trading Conditions” found in the top right-hand corner of the Account Summary.
100:1 Leverage
Leverage (gearing) enables you to hold a position worth up to 100 times more than your margin deposit. For example, a USD 10,000 deposit can command positions of up to USD 1,000,000 through leverage. You can leverage the first USD 25,000 of your investment up to 100 times and additional collateral up to 50 times.
Profit potential in falling markets
Since the market is constantly moving, there are always trading opportunities, whether a currency is strengthening or weakening in relation to another currency. When you trade currencies, they literally work against each other. If the EURUSD declines, for example, it is because the US dollar gets stronger against the euro and vice versa. So, if you think the EURUSD will decline (that is, that the euro will weaken versus the dollar), you would sell EUR now and then later you buy euro back at a lower price. In case that the EURUSD indeed declines, then you can take your profit. The opposite trading scenario would occur if the EURUSD appreciates.
Spot Forex versus Currency Futures
Many traders have made the switch from currency futures to spot foreign exchange ("forex") trading. Spot foreign exchange offers better liquidity and generally a lower cost of trading than currency futures. Banks and brokers in spot foreign exchange can quote markets 24 hours a day. Furthermore, the spot foreign exchange market is not burdened by exchange and NFA ("National Futures Association") fees, which are generally passed on to the customer in the form of higher commissions. For these reasons, virtually all professional traders and institutions conduct most of their foreign exchange dealing in the spot forex market, not in currency futures.
The mechanics of trading spot forex are similar to those of currency futures. The most important initial difference is the way in which currency pairs are quoted. Currency futures are always quoted as the currency versus the US dollar. In Spot forex, some currencies are quoted this way, while others are quoted as the US dollar versus the currency. For example, in spot forex, EURUSD is quoted the same way as Euro futures. In other words, if the Euro is strengthening, EURUSD will rise just as Euro futures will rise. On the other hand, USDCHF is quoted as US dollars with respect to Swiss Francs, the opposite of Swiss Franc futures. So if the Swiss Franc strengthens with respect to the US dollar, USDCHF will fall, while Swiss Franc futures will rise. The rule in spot forex is that the first currency shown is the currency that is being quoted in terms of direction. For example, "EUR" in EURUSD and "USD" in USDCHF is the currency that is being quoted
The mechanics of trading spot forex are similar to those of currency futures. The most important initial difference is the way in which currency pairs are quoted. Currency futures are always quoted as the currency versus the US dollar. In Spot forex, some currencies are quoted this way, while others are quoted as the US dollar versus the currency. For example, in spot forex, EURUSD is quoted the same way as Euro futures. In other words, if the Euro is strengthening, EURUSD will rise just as Euro futures will rise. On the other hand, USDCHF is quoted as US dollars with respect to Swiss Francs, the opposite of Swiss Franc futures. So if the Swiss Franc strengthens with respect to the US dollar, USDCHF will fall, while Swiss Franc futures will rise. The rule in spot forex is that the first currency shown is the currency that is being quoted in terms of direction. For example, "EUR" in EURUSD and "USD" in USDCHF is the currency that is being quoted
Technical Analysis:
Technical Analysis is probably the most common and successful means of making trading decisions and analyzing forex and commodities markets.
Technical analysis differs from fundamental analysis in that technical analysis is applied only to the price action of the market, ignoring fundamental factors. As fundamental data can often provide only a long-term or "delayed" forecast of exchange rate movements, technical analysis has become the primary tool with which to successfully trade shorter-term price movements, and to set stop loss and profit targets.
Technical analysis consists primarily of a variety of technical studies, each of which can be interpreted to generate buy and sell signals or to predict market direction.
Technical analysis differs from fundamental analysis in that technical analysis is applied only to the price action of the market, ignoring fundamental factors. As fundamental data can often provide only a long-term or "delayed" forecast of exchange rate movements, technical analysis has become the primary tool with which to successfully trade shorter-term price movements, and to set stop loss and profit targets.
Technical analysis consists primarily of a variety of technical studies, each of which can be interpreted to generate buy and sell signals or to predict market direction.
Forex Market Information Easily Accessible
Information about stocks is abundant, but so are the stocks. Finding a trade opportunity in the equities markets may mean sifting through data on thousands of stocks, while the forex trader has only six major currencies to research. Additionally, the vital information that moves equity markets, such as revenues and profits, is proprietary and private. In contrast, virtually all of the news that bears on the forex market is in publicly disseminated reports from governments or research institutions, and released to everybody at the same time. We feel that the knowledge you've gained in analyzing stocks can easily be transferred to the forex market. Many of the economic indicators familiar to equity traders, such as payroll data and interest rates, affect the currency markets. And many technical traders have found the forex market to be particularly attractive, since currencies respond well to many of the common technical indicators, such as MACD, RSI, and Candlestick charting. To learn more about transitioning from trading equity markets to trading in the Forex market, contact the FXCM staff today at 888-503-6739.
Forex Market Background
The global marketplace has changed dramatically over the past several years. New investment strategies are becoming more important in order to minimize risk, as well as to maintain high portfolio returns. Among the most rewarding of the markets opening up to traders is the Foreign Exchange market. Identifiable trading patterns, as well as comparatively low margin requirements, have rewarding trading opportunities for many.
In contrast to the world’s stock markets, foreign exchange is traded without the constraints of a central physical exchange. Transactions are instead conducted via telephone or online. With this transaction structure as its foundation, the Foreign Exchange Market has become by far the largest marketplace in the world. Average volume in foreign exchange exceeds $1.5 trillion per day versus only $25 billion per day traded on the New York Stock Exchange. This high volume is advantageous from a trading standpoint because transactions can be executed quickly and with low transaction costs (i.e., a small bid/ask spread).
As a result, foreign exchange trading has long been recognized as a superior investment opportunity by major banks, multinational corporations and other institutions. Today, this market is more widely available to the individual trader than ever before.
Spot foreign exchange is always traded as one currency in relation to another. So a trader who believes that the dollar will rise in relation to the Euro, would sell EURUSD. That is, sell Euros and buy US dollars
In contrast to the world’s stock markets, foreign exchange is traded without the constraints of a central physical exchange. Transactions are instead conducted via telephone or online. With this transaction structure as its foundation, the Foreign Exchange Market has become by far the largest marketplace in the world. Average volume in foreign exchange exceeds $1.5 trillion per day versus only $25 billion per day traded on the New York Stock Exchange. This high volume is advantageous from a trading standpoint because transactions can be executed quickly and with low transaction costs (i.e., a small bid/ask spread).
As a result, foreign exchange trading has long been recognized as a superior investment opportunity by major banks, multinational corporations and other institutions. Today, this market is more widely available to the individual trader than ever before.
Spot foreign exchange is always traded as one currency in relation to another. So a trader who believes that the dollar will rise in relation to the Euro, would sell EURUSD. That is, sell Euros and buy US dollars
What is the Forex Market
The Forex market is where the currencies that are available through the nation's are traded openly throughout the world. When you get involved in Forex trading you are purchasing currency from one country and using the currency of another country to pay for it. It is the difference in these two currencies that will show how much you end up making in return with your trading.
The currencies that are traded on the Forex market are always done in a duel currency way. If you decide to buy the Australian dollar, you would need to purchase it with another type of currency such as Euro or the American dollar. If you purchased the Australian dollar with an American dollar and then the value of the Australian dollar went up in comparison to the American dollar, you would end up with a profit. This is Forex Trading.
Trading in the Forex Markets can be exciting and potentially very profitable, but there are also significant risk factors that you need to be aware of. It is crucially important that you fully understand the implications of margin trading and the particular pitfalls and opportunities that foreign exchange trading offers. As a result you need to learn from an experienced forex trader as you don't want to learn the hard way by losing your money. There is plenty if help available from experienced and successful traders which you can find below.
The currencies that are traded on the Forex market are always done in a duel currency way. If you decide to buy the Australian dollar, you would need to purchase it with another type of currency such as Euro or the American dollar. If you purchased the Australian dollar with an American dollar and then the value of the Australian dollar went up in comparison to the American dollar, you would end up with a profit. This is Forex Trading.
Trading in the Forex Markets can be exciting and potentially very profitable, but there are also significant risk factors that you need to be aware of. It is crucially important that you fully understand the implications of margin trading and the particular pitfalls and opportunities that foreign exchange trading offers. As a result you need to learn from an experienced forex trader as you don't want to learn the hard way by losing your money. There is plenty if help available from experienced and successful traders which you can find below.
Trade Around the Clock
The forex market is a near-seamless 24-hour market. Subject to available liquidity, FXCM offers trading from Sunday, starting after 5:15 PM EST, until Friday, 4PM, EST (FXCM Client Service is available 24/7). With the ability to trade around the clock, currency traders have the advantage of customizing their own trading schedule; they can usually get in or out of the market at any time without waiting for an opening bell or encountering a market gap. While trading stocks after usual market hours is possible, very often that possibility is negated by a lack of order flow or a drastic widening of the bid-ask spread.
Online Forex Trading
Do you know what Forex trading is? Some people have heard of this type of trading, others have not. If you haven't, it might be something you are interested in trying. Forex trading stands for foreign exchange trading. What it consists of is the buying and selling of different currencies. This is done simultaneously, and there are people who make a lot of money with this kind of trading. This is apparent by the 1.9 million dollar turnover in this market that happens every day. Also a lot of it is done online. Online Forex trading is very popular.
The most common currencies to trade are the Euro and the U.S. dollar, and the U.S. dollar and the Japanese Yen. However, nearly all of the Forex trading done involves the major currencies of the world. These include the Euro, Japanese Yen, U.S. dollar, Canadian dollar, British Pound, Australian dollar, and the Swiss franc. The Forex exchange is different from other exchanges, such as the New York Stock Exchange, in that it does not have a physical location or central exchange. The exchange day begins in Sydney, then moves to Tokyo, on to London, and finally ends in New York. Each country takes the responsibility of regulating the Forex exchange activities in their own country. So there is no overall regulatory agency. However, this does not seem to be a problem and most countries do very well at overseeing Forex exchange activities.
There are a lot of things that influence the Forex rate. For instance, economic things, like interest rates and inflation, and also political things, such as political unrest in other countries and major changes in government cause up and down changes in the Forex rate. However, these things tend to be short-term, and don't affect it for long.
Online Forex trading sites are easy to find by surfing the Internet. Most of them provide a wealth of information for the first time trader. You can find out about the history of Forex trading, how to co it, tips on being successful, etc. You can also start trading with as little as $250 in your account on some sites. For anyone who is interested in currency or trading, it is something you should check out.
As with any type of trading, there are no guarantees that you will make money or that you won't make money. It is a smart choice to learn as much as you can about online Forex trading before investing any money and doing any trading. It is a fact that informed investors do better than those who don't know much about what they are trading. So get the fact before you dive in. You might just make a little money in a very interesting currency exchange.
The most common currencies to trade are the Euro and the U.S. dollar, and the U.S. dollar and the Japanese Yen. However, nearly all of the Forex trading done involves the major currencies of the world. These include the Euro, Japanese Yen, U.S. dollar, Canadian dollar, British Pound, Australian dollar, and the Swiss franc. The Forex exchange is different from other exchanges, such as the New York Stock Exchange, in that it does not have a physical location or central exchange. The exchange day begins in Sydney, then moves to Tokyo, on to London, and finally ends in New York. Each country takes the responsibility of regulating the Forex exchange activities in their own country. So there is no overall regulatory agency. However, this does not seem to be a problem and most countries do very well at overseeing Forex exchange activities.
There are a lot of things that influence the Forex rate. For instance, economic things, like interest rates and inflation, and also political things, such as political unrest in other countries and major changes in government cause up and down changes in the Forex rate. However, these things tend to be short-term, and don't affect it for long.
Online Forex trading sites are easy to find by surfing the Internet. Most of them provide a wealth of information for the first time trader. You can find out about the history of Forex trading, how to co it, tips on being successful, etc. You can also start trading with as little as $250 in your account on some sites. For anyone who is interested in currency or trading, it is something you should check out.
As with any type of trading, there are no guarantees that you will make money or that you won't make money. It is a smart choice to learn as much as you can about online Forex trading before investing any money and doing any trading. It is a fact that informed investors do better than those who don't know much about what they are trading. So get the fact before you dive in. You might just make a little money in a very interesting currency exchange.
What is Forex Trading
There are a number of ways that you can make money from home these days. You could start an online business, get into the world of affiliate marketing or get into Forex Trading.
Forex Trading basically involves trading in foreign currencies. I know this sounds "foreign" to most, however, every day total novices in the financial world are realizing the massive money making potential of forex trading.
The major players in foreign exchange are still the big guys such as the banks, funds and brokers. But with its increased popularity there are more individual investors who are succeeding and doing well in forex trading. There are many forex trading software packages that are designed for the novice trader.
The global foreign exchange market is the biggest market in the world. There are many reasons for the increase in popularity of foreign exchange trading, but among the most important are the leverage available, the high liquidity 24 hours a day and the low costs associated with trading. The average daily trade in the global forex and related markets currently is over US$ 3 trillion
Forex Trading basically involves trading in foreign currencies. I know this sounds "foreign" to most, however, every day total novices in the financial world are realizing the massive money making potential of forex trading.
The major players in foreign exchange are still the big guys such as the banks, funds and brokers. But with its increased popularity there are more individual investors who are succeeding and doing well in forex trading. There are many forex trading software packages that are designed for the novice trader.
The global foreign exchange market is the biggest market in the world. There are many reasons for the increase in popularity of foreign exchange trading, but among the most important are the leverage available, the high liquidity 24 hours a day and the low costs associated with trading. The average daily trade in the global forex and related markets currently is over US$ 3 trillion
Forex Avenue: The Road to Riches
In my continuing quest to provide visitors of my site with a large amount of options to chose from when considering working from home I have done some research on Forex trading. I first learned of Forex trading while pursuing my MBA program. For those of you who have never heard of this, Forex trading is the exchange of foreign currency.
I know I would have never even know this was an option for making money had I not found out in class. Most of the really big corporations have departments of people that do this for a living because it can be very lucrative if done correctly. The best news I have learned about this process of exchanging currencies is that many of the websites that you can sign up with to do this offer free trial accounts to help you learn before you invest your money into trying it. You won't make any money in the trial accounts if you do well, it is just pretend money essentially but with the real market conditions. If you do well in the trial account you will know if this is something you want to try on your own.
Benefits to Forex trading are that is can be done 24/7 whereas the stock market is a business hours only exchange. It is 24/7 because it is done with countries around the world so clearly there are countries that are awake and working while we sleep. Another benefit is you are in control of the trading on your account. You do not need to hire a licensed broker to make your trades and charge you fees. Along those same lines, anyone who does any investing most likely knows that some funds require you to own then for a certain period of time or pay early withdrawal fees. You do not need to concern yourself with this either. One last benefit that I would like to point out is the fact that Forex is not really subject to the same kinds of swings in the market that stocks are subject to. Of course if you always buy and sell the same currencies then there will be market swings. But, because there are hundreds of currencies out there, there is always going to be something for you to make money on because while one currency is up in value another one is down and vice versa.
There are many resources available to someone interested in becoming involved in this type of training. The Federal Reserve Bank's website is just one example of the information available — http://www.ny.frb.org/markets/foreignex.html. Here is another article that you will find helpful in starting out in this field. http://www.forex.com/pdf/pro2.pdf . I have also included one of the sites that does offer a free lesson.
While there are many benefits to this type of training, as I mentioned above, there are certainly risks involved as well. There are risks with exchange rates, central banks in foreign countries, and risks involving interest rates and credit. Forex is quickly becoming a popular way to help diversify your investment portfolio. If you are good with understanding investing concepts and enjoy doing it this may be the home business opportunity for you. Just do your research and try to find one of the sites offering the free trial account to practice with and you are well on your way down the Road to Riches.
I know I would have never even know this was an option for making money had I not found out in class. Most of the really big corporations have departments of people that do this for a living because it can be very lucrative if done correctly. The best news I have learned about this process of exchanging currencies is that many of the websites that you can sign up with to do this offer free trial accounts to help you learn before you invest your money into trying it. You won't make any money in the trial accounts if you do well, it is just pretend money essentially but with the real market conditions. If you do well in the trial account you will know if this is something you want to try on your own.
Benefits to Forex trading are that is can be done 24/7 whereas the stock market is a business hours only exchange. It is 24/7 because it is done with countries around the world so clearly there are countries that are awake and working while we sleep. Another benefit is you are in control of the trading on your account. You do not need to hire a licensed broker to make your trades and charge you fees. Along those same lines, anyone who does any investing most likely knows that some funds require you to own then for a certain period of time or pay early withdrawal fees. You do not need to concern yourself with this either. One last benefit that I would like to point out is the fact that Forex is not really subject to the same kinds of swings in the market that stocks are subject to. Of course if you always buy and sell the same currencies then there will be market swings. But, because there are hundreds of currencies out there, there is always going to be something for you to make money on because while one currency is up in value another one is down and vice versa.
There are many resources available to someone interested in becoming involved in this type of training. The Federal Reserve Bank's website is just one example of the information available — http://www.ny.frb.org/markets/foreignex.html. Here is another article that you will find helpful in starting out in this field. http://www.forex.com/pdf/pro2.pdf . I have also included one of the sites that does offer a free lesson.
While there are many benefits to this type of training, as I mentioned above, there are certainly risks involved as well. There are risks with exchange rates, central banks in foreign countries, and risks involving interest rates and credit. Forex is quickly becoming a popular way to help diversify your investment portfolio. If you are good with understanding investing concepts and enjoy doing it this may be the home business opportunity for you. Just do your research and try to find one of the sites offering the free trial account to practice with and you are well on your way down the Road to Riches.
Interested in FOREX Trading?
The Foreign Exchange Market (Forex) has no central exchange location yet it is the largest financial market in the world. It is over 3x's the size of the stock and futures markets combined and operates via an electronic network of a banks, corporations and investors.
Foreign exchange consists of a simultaneous buying of one currency and selling of another. Currency is traded in pairs, in other words, one currency is traded for another. The major currencies are:
USD — United States Dollar
EUR — Euro members Euro
JPY — Japan Yen
GBP — Great Britian pound
CHF — Switzerland franc
CAD — Canadian dollar
AUD — Australia dollar
There are 2 types of investors involved in the Forex market.The first type of investor is the hedger. The hedger is involved in International trades and utilizes Forex trading to protect their interest in a transaction from adverse currency fluctuations. The 2nd type of investor is the speculator who invests in currency solely for profit.
Currency prices fluctuate due to a variety of economic and political factors. The major factors are:
Interest rates
International trade
Inflation
Political stability
There are many reasons investors take a great interest in FX trading Some of the major reasons are:
No fees
No middlemen
No fixed trade sizes
Low transaction cost
High liquidity
Instant transactions
Low margin / High leverage
24 hour market
Online access via online trading platforms
Always good opportunities to trade, unlike the stock market the market is never bullish or bearish.
No one entity can control the market
No insider trading can occur
To begin trading in the Forex market, an investor only needs a computer, a high-speed internet connection and an online trading currency account. A mini account can be opened for as little as $100.
These are some of the reasons why Forex trading has become quite popular in recent years. For more information on getting started in FX Trading visit http://www.fx-trading-guide.com/
Foreign exchange consists of a simultaneous buying of one currency and selling of another. Currency is traded in pairs, in other words, one currency is traded for another. The major currencies are:
USD — United States Dollar
EUR — Euro members Euro
JPY — Japan Yen
GBP — Great Britian pound
CHF — Switzerland franc
CAD — Canadian dollar
AUD — Australia dollar
There are 2 types of investors involved in the Forex market.The first type of investor is the hedger. The hedger is involved in International trades and utilizes Forex trading to protect their interest in a transaction from adverse currency fluctuations. The 2nd type of investor is the speculator who invests in currency solely for profit.
Currency prices fluctuate due to a variety of economic and political factors. The major factors are:
Interest rates
International trade
Inflation
Political stability
There are many reasons investors take a great interest in FX trading Some of the major reasons are:
No fees
No middlemen
No fixed trade sizes
Low transaction cost
High liquidity
Instant transactions
Low margin / High leverage
24 hour market
Online access via online trading platforms
Always good opportunities to trade, unlike the stock market the market is never bullish or bearish.
No one entity can control the market
No insider trading can occur
To begin trading in the Forex market, an investor only needs a computer, a high-speed internet connection and an online trading currency account. A mini account can be opened for as little as $100.
These are some of the reasons why Forex trading has become quite popular in recent years. For more information on getting started in FX Trading visit http://www.fx-trading-guide.com/
Advantages of the Forex Market
What are the advantages of the Forex Market over other types of investments?
When thinking about various investments, there is one investment vehicle that comes to mind. The Forex or Foreign Currency Market has many advantages over other types of investments. The Forex market is open 24 hrs a day, unlike the regular stock markets. Most investments require a substantial amount of capital before you can take advantage of an investment opportunity. To trade Forex, you only need a small amount of capital. Anyone can enter the market with as little as $300 USD to trade a "mini account", which allows you to trade lots of 10,000 units. One lot of 10,000 units of currency is equal to 1 contract. Each "pip" or move up or down in the currency pair is worth a $1 gain or loss, depending on which side of the market you are on. A standard account gives you control over 100,000 units of currency and a pip is worth $10.
The Forex market is also very liquid. When trading Forex you have full control of your capital.
Many other types of investments require holding your money up for long periods of time. This is a disadvantage because if you need to use the capital it can be difficult to access to it without taking a huge loss. Also, with a small amount of money, you can control
Forex traders can be profitable in bullish or bearish market conditions. Stock market traders need stock prices to rise in order to take a profit. Forex traders can make a profit during up trends and downtrends. Forex Trading can be risky, but with having the ability to have a good system to follow, good money management skills, and possessing self discipline, Forex trading can be a relatively low risk investment.
The Forex market can be traded anytime, anywhere. As long as you have access to a computer, you have the ability to trade the Forex market. An important thing to remember is before jumping into trading currencies, is it wise to practice with "paper money", or "fake money." Most brokers have demo accounts where you can download their trading station and practice real time with fake money. While this is no guarantee of your performance with real money, practicing can give you a huge advantage to become better prepared when you trade with your real, hard earned money. There are also many Forex courses on the internet, just be careful when choosing which ones to purchase.
When thinking about various investments, there is one investment vehicle that comes to mind. The Forex or Foreign Currency Market has many advantages over other types of investments. The Forex market is open 24 hrs a day, unlike the regular stock markets. Most investments require a substantial amount of capital before you can take advantage of an investment opportunity. To trade Forex, you only need a small amount of capital. Anyone can enter the market with as little as $300 USD to trade a "mini account", which allows you to trade lots of 10,000 units. One lot of 10,000 units of currency is equal to 1 contract. Each "pip" or move up or down in the currency pair is worth a $1 gain or loss, depending on which side of the market you are on. A standard account gives you control over 100,000 units of currency and a pip is worth $10.
The Forex market is also very liquid. When trading Forex you have full control of your capital.
Many other types of investments require holding your money up for long periods of time. This is a disadvantage because if you need to use the capital it can be difficult to access to it without taking a huge loss. Also, with a small amount of money, you can control
Forex traders can be profitable in bullish or bearish market conditions. Stock market traders need stock prices to rise in order to take a profit. Forex traders can make a profit during up trends and downtrends. Forex Trading can be risky, but with having the ability to have a good system to follow, good money management skills, and possessing self discipline, Forex trading can be a relatively low risk investment.
The Forex market can be traded anytime, anywhere. As long as you have access to a computer, you have the ability to trade the Forex market. An important thing to remember is before jumping into trading currencies, is it wise to practice with "paper money", or "fake money." Most brokers have demo accounts where you can download their trading station and practice real time with fake money. While this is no guarantee of your performance with real money, practicing can give you a huge advantage to become better prepared when you trade with your real, hard earned money. There are also many Forex courses on the internet, just be careful when choosing which ones to purchase.
Investing in Forex
Investing in foreign currencies is a relatively new avenue of investing. There are considerably fewer people are aware of this market than there are people aware of several other avenues of investing. Trading foreign currency, also known as forex, is the most lucrative investment market that exists. There are several factors that make this true among which, successful forex traders earn realistic profits of one hundred plus percent each month. Compared to some of the better known investment markets such as corporate stocks, this is an unheard of return on investment. It's very necessary to mention here that a person who invests in forex must, without exception, make it a point to learn the detailed, but simple strategies and information surrounding the market. This very fact is what makes the difference between successful forex traders and other traders.
A few additional points, which create such powerful leverage for investors within the forex market are: The amount of capital required to begin investing in the market is only three hundred dollars. For the most part, any other investment market is going to demand thousands of dollars of the investor in the beginning. Also, the market offers opportunities to profit regardless what the direction of the market may be; In most commonly known markets investors sit and wait for the market to begin an up trend before entering a trade. Even then, investors, as a rule must sit and wait some more to be able to exit the trade with a nice profit. Given that the forex market produces several up, down, and sideways trends in a single day, it can easily be seen that forex stands head and shoulders above other markets. Additionally there are trading strategies, which are taught that provide for compounded profits; these are profits on top of profits. In addition, free demo accounts are available within the industry of forex trading, which facilitate the sharpening of skills without the risk losing any capital. And the advantage regarding the time factor in trading foreign currency is a very attractive point for any investor. Compared to one of the most sought after avenues of investing, which often requires forty or more hours each week, namely in the real-estate market, the forex market requires a much smaller demand on the investor's time. Forex trading requires approximately ten to fifteen hours each week to earn a full time income. It's easy to see that the advantages and great leverage that exist in the forex market, make it among the most lucrative, time liberating, and easy to enter by far.
I hope this information gives you a clear understanding of how you can turn your investing into a true method of making your money work harder for you.
A few additional points, which create such powerful leverage for investors within the forex market are: The amount of capital required to begin investing in the market is only three hundred dollars. For the most part, any other investment market is going to demand thousands of dollars of the investor in the beginning. Also, the market offers opportunities to profit regardless what the direction of the market may be; In most commonly known markets investors sit and wait for the market to begin an up trend before entering a trade. Even then, investors, as a rule must sit and wait some more to be able to exit the trade with a nice profit. Given that the forex market produces several up, down, and sideways trends in a single day, it can easily be seen that forex stands head and shoulders above other markets. Additionally there are trading strategies, which are taught that provide for compounded profits; these are profits on top of profits. In addition, free demo accounts are available within the industry of forex trading, which facilitate the sharpening of skills without the risk losing any capital. And the advantage regarding the time factor in trading foreign currency is a very attractive point for any investor. Compared to one of the most sought after avenues of investing, which often requires forty or more hours each week, namely in the real-estate market, the forex market requires a much smaller demand on the investor's time. Forex trading requires approximately ten to fifteen hours each week to earn a full time income. It's easy to see that the advantages and great leverage that exist in the forex market, make it among the most lucrative, time liberating, and easy to enter by far.
I hope this information gives you a clear understanding of how you can turn your investing into a true method of making your money work harder for you.
Forex The Future Investment
There are many many advantages over the various other ways of investing. First of all it is a 24 hr market, except for weekends of course. You have the US market then the european and then the Asian. One of the great times to trade is during the over lapping periods. The USA and european overlap between 5am & 9am eastern and the Euro & Asian between 11pm & 1am eastern. Usually the busiest time and best to trade.
The is also the risk factor for the accounts. With futures and options you can get margin calls that can wipe you out. If you get caught in a bad trade not only do you lose the money in the account but you may have to come up with alot more from your pocket. It can be very risking. But not in Forex. Worst case senerio you could lose whats in you account. But you would have to do something really stupid. Like making a big trade on a Fundamental day and leave it alone. If market takes a bad move and you weren't there. OOOPS. But That wouldn't happen with a smarth trader.
Then there are the demo accounts which is an account where you can trade using all the right things, platform,charts,and information. But you are using play money, or what we call paper trading too.
Plus with Forex you have a mini account. Instead of needing thousands of dollars to get into it. You can open an account with as little as $300.00. Now of course you will be trading at 1 tenth of a trade. IN other words you controling 10,000 instead of 100,000.00 These are call lots. Which also means you will only risk 1 tenth too!
So if you would love to learn to do investing and not have near the risk you really need to take a closer look at Forex trading.
The is also the risk factor for the accounts. With futures and options you can get margin calls that can wipe you out. If you get caught in a bad trade not only do you lose the money in the account but you may have to come up with alot more from your pocket. It can be very risking. But not in Forex. Worst case senerio you could lose whats in you account. But you would have to do something really stupid. Like making a big trade on a Fundamental day and leave it alone. If market takes a bad move and you weren't there. OOOPS. But That wouldn't happen with a smarth trader.
Then there are the demo accounts which is an account where you can trade using all the right things, platform,charts,and information. But you are using play money, or what we call paper trading too.
Plus with Forex you have a mini account. Instead of needing thousands of dollars to get into it. You can open an account with as little as $300.00. Now of course you will be trading at 1 tenth of a trade. IN other words you controling 10,000 instead of 100,000.00 These are call lots. Which also means you will only risk 1 tenth too!
So if you would love to learn to do investing and not have near the risk you really need to take a closer look at Forex trading.
Forex Beginner
1: What is a forex broker?
Have you ever felt intrigued by the many advertisements on high leverage and great profit potential involved in currency trading? The golden gate of the kingdom of money, we are told, is reached by the road of forex.
2: Easy Income Source that can be happening in One Day
Forex is the best home business to father. Once you are able at it your channel is lined with gold if we embroidered just a petty little.
3: Learn the Simple Forex Market
Forex trading is a market which is both complex and simple. How to make money is the simple part, but the implementation of the process to learn forex market can be a little difficult. Forex education can prove to be a boon for all those who are willing to try their luck in forex trading. Therefore it is very important for them to understand the ways and methods of forex trading before actually getting into it. Even if one is well experienced in trading, there is always a room for improvement even for the experts.
4: Automated Forex Trading System
The Forex MegaDroid is an automated Forex trading robot This was specifically designed to function in all market environments. Which isexactly why its performance during testing was close to the highest we have everwitnessed. The facts are clear and un-debatable on this issue, the market canmake unexpected moves at the drop of a hat and having a weapon in your arsenalable to react instantly to those corrections and profit from them at the sametime, puts you in a very powerful position. Because of this we were forced togive it our highest rating possible, a 10 out of 10. This item is not to beunderestimated and MUST be in your final decision making process when makingyour purchasing decision
5: Forex Signals Providers - Are They Really Worth Your Money?
Making money in forex market became no longer difficult as it was few years ago. with the all new trading techniques and high speed internet connections and the appearance of the so many brokers who give the opportunities to every one to participate in the forex trading market regardless his capital volume.
6: Can You Make Money Online Trading Forex?
When you are ready to trade this market, keep these four simple steps in mind and then do not let anything stand in your way of becoming the trader you want to be.
7: Online Forex Resources Are Abundant
Forex trading is quickily becoming one of the investing world's hottest, most rewarding opportunities and it's chosen as "ideal business" by lot of traders. Forex are risky, but only when you dont have the necessary knowledge to make a sound decision about the money youre trading.
8: Fap Turbo VS Mega Droid: Which Forex Bot is better?
Over-all, I do highly recommend these instruments. For the price you are getting a great instrument that also stands out in the crowd from others! These make GREAT presents!!
9: Forex Trading For Beginners - 10 Essential Tips For Forex Trading Success
If you are new to Forex trading you understand need to understand that 95% of trades lose. If you want to win you can but you need to follow these essential trading tips.
10: Forex Trading Education - 5 Key Points That Will Make You Successful When 95% of Traders Lose
95% of traders lose but they don't lose because they can't learn to win, they can they just make errors that are totally avoidable and if you avoid these errors and pay careful attention to the points enclosed, you can achieve currency trading success.
Have you ever felt intrigued by the many advertisements on high leverage and great profit potential involved in currency trading? The golden gate of the kingdom of money, we are told, is reached by the road of forex.
2: Easy Income Source that can be happening in One Day
Forex is the best home business to father. Once you are able at it your channel is lined with gold if we embroidered just a petty little.
3: Learn the Simple Forex Market
Forex trading is a market which is both complex and simple. How to make money is the simple part, but the implementation of the process to learn forex market can be a little difficult. Forex education can prove to be a boon for all those who are willing to try their luck in forex trading. Therefore it is very important for them to understand the ways and methods of forex trading before actually getting into it. Even if one is well experienced in trading, there is always a room for improvement even for the experts.
4: Automated Forex Trading System
The Forex MegaDroid is an automated Forex trading robot This was specifically designed to function in all market environments. Which isexactly why its performance during testing was close to the highest we have everwitnessed. The facts are clear and un-debatable on this issue, the market canmake unexpected moves at the drop of a hat and having a weapon in your arsenalable to react instantly to those corrections and profit from them at the sametime, puts you in a very powerful position. Because of this we were forced togive it our highest rating possible, a 10 out of 10. This item is not to beunderestimated and MUST be in your final decision making process when makingyour purchasing decision
5: Forex Signals Providers - Are They Really Worth Your Money?
Making money in forex market became no longer difficult as it was few years ago. with the all new trading techniques and high speed internet connections and the appearance of the so many brokers who give the opportunities to every one to participate in the forex trading market regardless his capital volume.
6: Can You Make Money Online Trading Forex?
When you are ready to trade this market, keep these four simple steps in mind and then do not let anything stand in your way of becoming the trader you want to be.
7: Online Forex Resources Are Abundant
Forex trading is quickily becoming one of the investing world's hottest, most rewarding opportunities and it's chosen as "ideal business" by lot of traders. Forex are risky, but only when you dont have the necessary knowledge to make a sound decision about the money youre trading.
8: Fap Turbo VS Mega Droid: Which Forex Bot is better?
Over-all, I do highly recommend these instruments. For the price you are getting a great instrument that also stands out in the crowd from others! These make GREAT presents!!
9: Forex Trading For Beginners - 10 Essential Tips For Forex Trading Success
If you are new to Forex trading you understand need to understand that 95% of trades lose. If you want to win you can but you need to follow these essential trading tips.
10: Forex Trading Education - 5 Key Points That Will Make You Successful When 95% of Traders Lose
95% of traders lose but they don't lose because they can't learn to win, they can they just make errors that are totally avoidable and if you avoid these errors and pay careful attention to the points enclosed, you can achieve currency trading success.
Forex Trading
Free Forex Analysis From ForexCycle.com
Long Term Forex market Analysis
Free Forex Market Analysis is designed for mid-term traders who trade in timeframes between several days and several weeks. We use market cycle analysis tools to time the market, and provide individual traders good timings for their trading.
Get your FREE Forex Market Analysis Now!
Short Term Forex Market Analysis
Short Term Forex Market Analysis is similar to Free Forex Market Analysis, in this section, we provide short-term traders with daily updated reports and recognize small cycles on 4-hours chart.
Long Term Forex market Analysis
Free Forex Market Analysis is designed for mid-term traders who trade in timeframes between several days and several weeks. We use market cycle analysis tools to time the market, and provide individual traders good timings for their trading.
Get your FREE Forex Market Analysis Now!
Short Term Forex Market Analysis
Short Term Forex Market Analysis is similar to Free Forex Market Analysis, in this section, we provide short-term traders with daily updated reports and recognize small cycles on 4-hours chart.
Forex Trading
1: The Foreign Exchange Market Differs From The Stock Market
The alien interchange market is likewise known as the FX market, and the forex market. Syndication that takes place amongst two regions with dissimilar
2: Techniques for Advanced Forex Trading
Forex is a potential platform for earning substantial profit. In fact it is one of the largest trading markets of the world. Featuring an average daily trade of US$ 2 trillion and above, this market is best known for its high scale trading volume and intense liquidity.
3: Painless Business Opportunity that can be happening in few Hours
Fx trading is the best home business to initiate. Once you are good at it your course is lined with gold ingots if we embroidered just a trifling.
4: Master the Number 1 Forex Dealing Platform: Mt4 platform
Every Forex trader in the world should have a concept about the world's most common international currency trading platform, The Metatrader4 , which is a free open source platform you can download to your computer and use free of charge to buy and sell Currency trading.
5: Forex Trading - 3 Power Strategies
3 Rules to Make serious earnings. If you want to catch the serious profit in forex dealing you need to trend watch forex trends which are worse term. here we
6: Intro To Forex Options
Basics of trading currency options are explained.
7: 5 LOGICAL STEPS TO PROFITABLE FOREX TRADING CAREER
One thing that contributes so much to the failure of many in taking lasting profits from the forex market is ignorance about what steps to take when making trading decisions. Let us quickly go over to 5 secrets steps to a profitable forex trading career
8: 8 FOREX TRADING MISTAKES THAT COULD RESULT TO MARGIN CALL
In this article, I am going to give you 8 factors that can result to margin call.so sit back and enjoy this valuable lesson.
9: Forex Ambush Robot Provides 100% Accurate Signals, Is That True?
I have never heard an forex trading system creator claim that his system can give 100% accurate forex signals. However, this rule seems broken by Forex Ambush 2.0. The developers say they are the first and only service to give 100% accurate forex signals.
The alien interchange market is likewise known as the FX market, and the forex market. Syndication that takes place amongst two regions with dissimilar
2: Techniques for Advanced Forex Trading
Forex is a potential platform for earning substantial profit. In fact it is one of the largest trading markets of the world. Featuring an average daily trade of US$ 2 trillion and above, this market is best known for its high scale trading volume and intense liquidity.
3: Painless Business Opportunity that can be happening in few Hours
Fx trading is the best home business to initiate. Once you are good at it your course is lined with gold ingots if we embroidered just a trifling.
4: Master the Number 1 Forex Dealing Platform: Mt4 platform
Every Forex trader in the world should have a concept about the world's most common international currency trading platform, The Metatrader4 , which is a free open source platform you can download to your computer and use free of charge to buy and sell Currency trading.
5: Forex Trading - 3 Power Strategies
3 Rules to Make serious earnings. If you want to catch the serious profit in forex dealing you need to trend watch forex trends which are worse term. here we
6: Intro To Forex Options
Basics of trading currency options are explained.
7: 5 LOGICAL STEPS TO PROFITABLE FOREX TRADING CAREER
One thing that contributes so much to the failure of many in taking lasting profits from the forex market is ignorance about what steps to take when making trading decisions. Let us quickly go over to 5 secrets steps to a profitable forex trading career
8: 8 FOREX TRADING MISTAKES THAT COULD RESULT TO MARGIN CALL
In this article, I am going to give you 8 factors that can result to margin call.so sit back and enjoy this valuable lesson.
9: Forex Ambush Robot Provides 100% Accurate Signals, Is That True?
I have never heard an forex trading system creator claim that his system can give 100% accurate forex signals. However, this rule seems broken by Forex Ambush 2.0. The developers say they are the first and only service to give 100% accurate forex signals.
Forex Broker
1: Choosing the Best Professional Forex Brokers
The US currency is one of the most widely used trading money in the market today. The US bank and its related financial agencies have a say on the players in the forex market.
2: Dealing With Online Forex Brokers
Forex brokers are highly esteemed in the market. Most of the time, we feel way too assured for our own good when we get the services of online forex brokers.
3: Reading Forex Broker Reviews
Reputation is an important thing when it comes to hiring forex brokers. Reviews about forex brokers would definitely dissect the credentials of the person in discussion.
4: Choosing Forex Brokers in USA
Forex brokers serve as the middle man between you and your buyers or sellers. You can choose to either get in touch with forex brokers in USA as a consultant or employ them as your trading partner.
5: Forex Broker- Selecting the Correct Forex Broker-00-402
Today we are seeing many people starting to trade the Forex Market, as it is recession proof. It is also the most liquid market in the world, turning over in excess of $3 trillion every day. So if you are looking to get into Forex trading then the most important step you can take is to find a great Forex Broker.
6: CFD Broker - Make the Choice - Not A Mistake
Today, this article will discuss about the CFD market, and how you can find a great online CFD broker when you do decide to jump on the wagon and become a CFD Trader. Most of the CFD Brokers today offer the ability to be able to trade online, CFD trade over the phone, or CFD trade from you mobile phone.
7: Best CFD Broker - Australia
The Contracts For Difference (CFD) Market is the largest financial market and everyday new investors plan to jump in when they learn of the benefits, that is, high returns on investment which is as high as 20% per month a month.
8: Finding A Forex Broker For Dummies
Online brokers give an important role to play when you open an online trading account. Every Last broker can offer different services and features. You must research all the online brokers to find the foremost broker to meet your needs.
9: CFD Brokers Singapore - Who is the Best?
Online brokers give an important role to play when you open an online trading account. Every Last broker can offer different services and features. You must research all the online brokers to find the foremost broker to meet your needs
10: Finding a Forex Broker
Most traders and investors out there know, the foreign exchange market is the largest market in the world. This is why we are seeing so many people making the transition from shares, options, futures to the Forex Markets. With the brilliant liquidity, much longer trading hours, we are seeing traders realize returns as much as 40% a month and in some cases even more.
The US currency is one of the most widely used trading money in the market today. The US bank and its related financial agencies have a say on the players in the forex market.
2: Dealing With Online Forex Brokers
Forex brokers are highly esteemed in the market. Most of the time, we feel way too assured for our own good when we get the services of online forex brokers.
3: Reading Forex Broker Reviews
Reputation is an important thing when it comes to hiring forex brokers. Reviews about forex brokers would definitely dissect the credentials of the person in discussion.
4: Choosing Forex Brokers in USA
Forex brokers serve as the middle man between you and your buyers or sellers. You can choose to either get in touch with forex brokers in USA as a consultant or employ them as your trading partner.
5: Forex Broker- Selecting the Correct Forex Broker-00-402
Today we are seeing many people starting to trade the Forex Market, as it is recession proof. It is also the most liquid market in the world, turning over in excess of $3 trillion every day. So if you are looking to get into Forex trading then the most important step you can take is to find a great Forex Broker.
6: CFD Broker - Make the Choice - Not A Mistake
Today, this article will discuss about the CFD market, and how you can find a great online CFD broker when you do decide to jump on the wagon and become a CFD Trader. Most of the CFD Brokers today offer the ability to be able to trade online, CFD trade over the phone, or CFD trade from you mobile phone.
7: Best CFD Broker - Australia
The Contracts For Difference (CFD) Market is the largest financial market and everyday new investors plan to jump in when they learn of the benefits, that is, high returns on investment which is as high as 20% per month a month.
8: Finding A Forex Broker For Dummies
Online brokers give an important role to play when you open an online trading account. Every Last broker can offer different services and features. You must research all the online brokers to find the foremost broker to meet your needs.
9: CFD Brokers Singapore - Who is the Best?
Online brokers give an important role to play when you open an online trading account. Every Last broker can offer different services and features. You must research all the online brokers to find the foremost broker to meet your needs
10: Finding a Forex Broker
Most traders and investors out there know, the foreign exchange market is the largest market in the world. This is why we are seeing so many people making the transition from shares, options, futures to the Forex Markets. With the brilliant liquidity, much longer trading hours, we are seeing traders realize returns as much as 40% a month and in some cases even more.
Fundamental Analysis
1: Trade Forex Online: Factors to consider
The value of a country's currency is influenced by a number of factors: The economics of the country, its trade deficit, political and social environment. If the current government's deficit increases, its currency's value will fall. As the government decreases its deficit, the currency can begin to recover value and the exchange rate will become more favorable. The same relationship holds true with a country's trade deficit. If the country imports more goods and services than it exports it will have a negative influence on the currency.
2: The Euro Bull: New Paradigm of FOREX
The Euro Bull: The New paradigm of FOREX
As the EUR/USD breaks 1.50, investors should take another look at foreign exchange. 100/barrel oil, $1,000 gold, and $10/bushel wheat are not anomalies, nor is there a bull market in commodities. The US dollar is losing its value and its relevance as a world reserve currency.
3: How far can the dollar go down?
An explanation of how far dollar can go down - contrast with other markets and looking from value perspective.
4: FOREX Fundamental Analysis
Information on using fundamental analysis for FOREX trading.
5: What is Fundamental Analysis
Investors using fundamental analysis to make investment decisions are looking at the underlying aspects that determine company and stock valuations.
6: Fundamental Analysis On Forex Trading
Remember, fundamental analysis is a very effective way to forecast economic conditions, but not necessarily exact market prices.
The value of a country's currency is influenced by a number of factors: The economics of the country, its trade deficit, political and social environment. If the current government's deficit increases, its currency's value will fall. As the government decreases its deficit, the currency can begin to recover value and the exchange rate will become more favorable. The same relationship holds true with a country's trade deficit. If the country imports more goods and services than it exports it will have a negative influence on the currency.
2: The Euro Bull: New Paradigm of FOREX
The Euro Bull: The New paradigm of FOREX
As the EUR/USD breaks 1.50, investors should take another look at foreign exchange. 100/barrel oil, $1,000 gold, and $10/bushel wheat are not anomalies, nor is there a bull market in commodities. The US dollar is losing its value and its relevance as a world reserve currency.
3: How far can the dollar go down?
An explanation of how far dollar can go down - contrast with other markets and looking from value perspective.
4: FOREX Fundamental Analysis
Information on using fundamental analysis for FOREX trading.
5: What is Fundamental Analysis
Investors using fundamental analysis to make investment decisions are looking at the underlying aspects that determine company and stock valuations.
6: Fundamental Analysis On Forex Trading
Remember, fundamental analysis is a very effective way to forecast economic conditions, but not necessarily exact market prices.
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