Foreign Exchange 4U - Currency & Forex

In finance, the exchange rate (also known as the foreign-exchange rate, forex rate or FX rate) between two currencies specifies how much one currency is worth in terms of the other. The spot exchange rate refers to the current exchange rate. The forward exchange rate refers to an exchange rate that is quoted and traded […]

Have you heard about FOREX? How currencies are traded?

When you think about Forex, what do you think of first? Which aspects of Forex are important, which are essential, and which ones can you take or leave? You be the judge.

Let?s talk about FOREX and advantages of FOREX trading.

The good thing about FOREX is that the […]

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 […]

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 […]

Forex exchange rate is the value of two different currencies and how they relate to each other. It is used by corporations, tax authorities, auditing firms, and financial institutions and is calculated on the basis of information supplied by leading market data contributors. Forex exchange rate says how much of one currency is needed to […]

Currencies are traded in dollar amounts called ?lots?. At 100:1 leverage, one lot is equal to $1000 which controls $100,000 of a given currency. This leverage is known as ?margin? and some brokers will allow traders even higher leverage than 100:1. This superhigh leverage is one of the reasons that Forex trading […]

Because of the immense volume of the Forex market, it is impossible for a single market?s force to noticeably control the market direction for any considerable length of time. At the end, market forces will prevail in the long run, making forex one of the most open and fair investment opportunities available.

Currency prices in the […]

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 […]

Currency markets never sleep and several trillions dollars are traded everyday, making currencies the world?s biggest and most exciting investment market.

In recent years, mechanical currency trading systems, using technical analysis to predict trend movements have become increasingly popular as a way of locking into, and profiting from the longer term currency trends.

Making Money from the […]

Investors and traders around the world are looking to the Forex market as a new speculation opportunity. But, how are transactions conducted in the Forex market? Or, what are the basics of Forex Trading? Before adventuring in the Forex market we need to make sure we understand the basics, otherwise we will find ourselves lost […]