Although the movement today is towards all transaction eventually finishing in a profit and loss in US Dollars it is important to realize that your profit or loss may not actually be in US Dollars. From my observation the trend is more...
Foreign exchange rates A foreign exchange rate is the parity between two currencies i.e. the amount of one currency needed to sell (or buy) in order to buy (or sell) one unit of the other currency. There are...
The Commerce Department yesterday reported that GDP in the US rose to a 4.9% annual rate, up from last month’s figure of 3.9%. As a result, the US dollar rose Thursday against two of its major counterparts, the Euro and the Sterling
The world of trading and investment can be as frustrating as it can be rewarding! And Forex (Foreign Exchange) is no exception - often described as risky, profitable and complicated. Forex is the largest trading market in the world.
Forex trading presents a real opportunity to achieve huge financial profits. All that you need is to tread in the market sensibly and use the tools available. Forex trading machine is one such tool. They are automated trading platforms...
An increasing number of people are being attracted by Forex trading rather than to the many other types of investment and it is easy to see why this is the case. The Forex market is the largest trading market in the world with a growing...
This formula is especially important when dealing with the foreign currency exchange and real estate business. There comes a time when it is prudent to buy and when it is prudent to sell. There is not much point in making a deal to fly on a wing and a...