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 […]

Planning Your Provence Holiday In Fayence

Tuesday, August 19th, 2008

Holidays in Provence generally mean Peter Mayle territory or the Cote d'Azur. Great, that means that up in the hills behind Cannes and near Grasse you have a quiet, select few who can enjoy all the good stuff without the crowds: sunshine, lavender, wine, dramatic countryside, olives, thyme and great food. Still, you can […]

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 […]

The Economic Giant– A Closer Look at China

Tuesday, July 29th, 2008

IT?S NO LONGER NEWS THAT CHINA IS BECOMING A MAJOR player on the world economic scene. Yet, as we?ve noted in past editions, investing in China is fraught with uncertainty, due to a still un-free political situation, and insecure property rights. Despite our current lack of interest in Chinese stocks, China?s renaissance clearly has implications […]

Fresh Fruit Pico de Gallo With Cayenne Whipped Cream

Monday, July 28th, 2008

Fresh fruit desserts can be more than just diced fruit in a bowl. By mixing fresh fruit with lime and making a fresh fruit Pico de Gallo dessert goes from the hum drum ordinary to a spicy sweet treat.

The cayenne whipped cream in this dessert is a zesty way to top this southwestern flavored […]

Trading Forex - What's Next for the Yen?

Thursday, July 17th, 2008

For the last couple of years or so, the buzz word in Forex circles has been the ?carry trade?. In fact, it has become popular enough, that even CNBC gave it a mention on number of occasions.

What is a ?carry trade?? In a nutshell, it?s a trade involving two currencies with a large interest rates […]

Forex Foreign Exchange Rates

Tuesday, July 8th, 2008

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 […]

Live Trading Opportunity - Now In Japanese Yen

Sunday, July 6th, 2008

The Japanese yen has been in a long term down trend against the dollar since 2005 and after its recent rally the bears should take control again. This scenario will present a good risk reward trading opportunity as the currency starts to fall again.

The Japanese yen is a currency that simply does not look near […]

How Currencies are Traded in the FOREX Market

Wednesday, July 2nd, 2008

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 […]