Foreign Exchange 4U - Currency & Forex

Buying and selling of forex in forex trading is done in pairs of currencies. Under this, two different currencies get quoted. One currency is called the base and the second constitutes the quote or counter currency.

For example, EUR/USD is one pair of currency. Under this pair, EURO is the base currency and USD or US […]

When you start out in Forex currency trading you will be faced with deciding which of the two main styles to use. Of course, you could combine both styles but there are only so many hours in the day, so it is likely that you will choose one or other of them.We will explore the […]

Sterling Holds Gains

Sterling rose to within a whisker of last week's seven-month high versus the dollar on Monday after stronger than expected British retail sales and upbeat mortgage lending numbers dampened talk of a rate cut.

The dollar weakened against most major currencies after the Group of Seven industrialised nations on Friday stepped up rhetoric to […]

Currency trading does not work on regulated exchange. The market is controlled by no one. All traders among members are based on trust among themselves. In reality, businesses in this market world needs nothing more than a handshake that forms a trust between each other.
This special arrangement seems confusing to the investors. But the arrangement […]