Trading Forex - Outside The Dollar

Wednesday, August 27th, 2008

Almost all newcomers to the currency trading start their journey with the so called ?majors?. And not surprisingly so. These instruments are the most popular, most liquid, and most prominent. They are also all dollar based.

What are the ?majors?? While there is no formal definition for that term, ?majors? are the USD denominated currency pairs. […]

Learn Forex Trading Online - A Guide To Reading Forex Quotes

Monday, August 25th, 2008

The price of a currency is determined by a variety of different factors perhaps the most important of which are political and economic conditions in the country issuing the currency. Currency prices will, for example, be influenced by such things as a country's political stability, its rate of inflation and its interest rates. Governments can […]

Forex Secret - Role Of Trading System In Successful And Profitable Work At Forex

Friday, August 22nd, 2008

Any trader must develop a trading system of his own. I is the principal condition for the regular and stably-profitable work at Forex. Every successful trader whom I know does hold this opinion. That is, such system must clearly and impartially indicate points of the entrance into the market and the exit from it. The […]

What is Foreign Currency Exchange Rate?

Thursday, August 21st, 2008

The prevailing exchange rate of a foreign currency is one of the most sought-after financial figures by exporters, importers, investors, tourists or even ordinary citizens who have several dollars towed away somewhere in the privacy of their homes. Even the ordinary citizens outside the United States hold on to their precious dollars hoping for […]

Canadian Dollar Performance Update - Spring 2007

Sunday, August 17th, 2008

During recent months, the Canadian dollar traded a tight range against Sterling between 2.2500 and 2.3000. This follows a sharp uptrend in GBP/CAD from a low around 1.9737 (02/03/06) to a recent high at 2.3567 (23/01/07) caused by expectations of higher interest rates in the UK, coupled with interest rate stagnation in Canada. At the […]

Analysis of USD

Friday, August 15th, 2008

Saving more and consuming less is the Germany's main long term economic principal to encourage a permanent trade surplus. However, there is another story for this. The growth in Germany is 1/3rd that productivity is similar to what it is in the US that the unemployment is double. A lot of factors such as high […]

How to Choose the Best Currency Dealer and Why

Friday, August 15th, 2008

The use of a currency broker or money transfer specialist has become essential when trading overseas. High Street banks that do not specialise in this field tend to charge higher fees and secure less favourable exchange rates. So you can benefit from a money transfer specialists?

? Overseas property buyers and overseas property investors ? […]

FOREX Brokers - Tips for Choosing the Best Forex Broker

Thursday, August 14th, 2008

There are many Forex brokers to choose from when trading currencies online - and choosing the right one is essential, if you?re going to maximize your FX trading profits.

This article is all about choosing the best broker to help you trade online - and help you achieve currency-trading success.

Firstly, you need to understand the following:

A […]

Advantages of Foreign Exchange

Wednesday, August 6th, 2008

More than 80% of daily forex trading involves major currencies like Australian Dollar (AUD), British Pound (GBP) GBP/USD is known as cable because GBP/USD were the first two currencies to be traded against one another, Canadian Dollar (CAD), Japanese Yen (JPY), Swiss Franc (CHF), and the US Dollar (USD). USD is like the world reserve […]

Removing the Greatest Obstacle to Trading in the Forex Market

Tuesday, August 5th, 2008

The foreign exchange market is exploding! About two trillion dollars are being traded daily! and yet Americans are lagging far behind their international counterparts in entering this market. How can this be? Americans have never taken the backseat to anyone in any financial market. Why is forex the exception?

Having lived my first 20 years in […]