Foreign Exchange 4U - Currency & Forex

Since the US dollar is the centerpiece of the market,it is normally considered the 'base' currency for quotes. In the “Majors”, this includes USD/JPY, USD/CHF and USD/CAD. For these currencies and many others, quotes are expressed as a unit of $1 USD per the second currency quoted in the pair. For example, a […]

The Forex (Foreign Exchange Market) exists because multi-national corporations and nations need to buy and sell goods/services from outside sources. To do that, they need to exchange their home currency with that of other nations. As you know, not all currencies have the same buying power so nations, banks, and corporations exchange their money with […]

Forex Capital Markets are foreign exchange markets where the currencies are been bought and sold continuously for profits. The capital markets of forex are present globally and transactions are non-stop in this forex cash market. Whether its Sydney or Tokyo, one would find aggressive forex dealers and brokers peering into their computer screens and on […]

Learning the basic skills in forex, such as how to read forex charts, is really important.

This is because once you have this vital skill under your belt, it will be a lot easier and quicker when the time comes for you to learn and practice an actual forex trading system.

By the time you finish this […]

The foreign exchange market, or ?forex? market, is becoming increasingly popular in a wide variety of applications. Everyone knows that countries have currencies and they are traded against one another, but few realize the economic significance of these markets in their daily lives, and also there are many myths and rumors surrounding the forex […]

Understanding pips is extremely important as a pip denotes the smallest movement in the price of a currency and it is this movement which determines your profit or loss when closing your trading position.

For most, but not all, currencies a pip is 0.0001 or 0.01%. So, when a currency moves from a price of 1.7800 […]

The Forex market is known by its immense volume of transaction per trading day, and it is because of this that it?s impossible for a single of the market?s forces to noticeably control the market direction for any considerable length of time, opening many opportunities for traders of any size.

Among the most important factors that […]

The foreign exchange market, or Forex market, is an around-the-clock cash market where the currencies of nations are bought and sold. Forex trading is always done in currency pairs. For example, you buy Euros, paying with U.S. Dollars, or you sell Canadian Dollars for Japanese Yen. The value of your Forex investment increases or decreases […]

There are many technical terms associated with foreign exchange trading. These terms are very important to the Forex trading and the information is also crucial for every trader. Two such import terms are quotation and spread. Quotation deals with the ask price of any cash commodity at a certain period of time. The word quote […]

An FX trade can be a little confusing for the newcomer to the world of foreign currency trading but is fairly easy to understand once you break it down into its component parts and learn one or two of the basic trading terms.

The objective in any FX trade is to exchange one currency for another […]