Posted by Batool on January 1, 2010 ·
Forex is an international currency trading market where currencies are traded in routine. Five major forex markets around the world are: New York, London, Tokyo, Frankfurt and Zurich.
Posted by Batool on December 28, 2009 ·
Some important terms being used in FOREX trading are precisely defined below
Posted by Batool on December 21, 2009 ·
Mothers can do it but the only part is that how would they get into it? It is not for everybody it is as complicated like a snake’s pit ripe scam that everyone has to be expert and ready for what is going to happen next.
Posted by R. MAK. on December 17, 2009 ·
On Thursday the dollar surged to a three-month high Vs a currency basket, buoyed by an upbeat tone from the Federal Reserve, while on fresh concerns about Greece’s waning fiscal health the euro…
Posted by R. MAK. on December 11, 2009 ·
On Friday, the dollar reaches its strongest levels in a month versus many of its widely traded rivals, as better-than-expected U.S. economic data has supported anticipations that the key U.S. rates could rise sooner than expected…
Posted by R. MAK. on December 3, 2009 ·
After that The European Central Bank President Jean-Claude Trichet expressed support for a strong dollar and as he announced small steps toward the withdrawal of extraordinary liquidity measures, the dollar recovered from near 16-month lows against the euro. European Central Bank President’s Statement It has been said by Trichet that the euro zone had a [...]
Posted by R. MAK. on November 24, 2009 ·
On Tuesday the euro rise against the dollar, reversing earlier losses as a firmer-than-expected German sentiment survey offset concerns about the country’s banking sector.A bigger-than-expected rise in the German Ifo November business climate index has helped the euro. The index rose to…
Posted by R. MAK. on November 22, 2009 ·
The Canadian dollar has drooped down against 13 of its 16 most-traded counterparts and it has gained only against the currencies of New Zealand, Australia and South Africa. The U.S. dollar has shown a rise against all but two major currencies as…
Posted by R. MAK. on November 20, 2009 ·
On Friday the dollar rise, giving an extension to the previous day’s gains as investors retreated from riskier assets, taking the shine off higher-yielding currencies such as the Australian dollar.Today Tokyo’s Nikkei average fell 0.5% and after the U.S. S&P 500 index suffered its worst one-day percentage fall in three weeks on…
Posted by R. MAK. on November 18, 2009 ·
In New York trading Monday the euro began the week stronger against the dollar, as positive Japanese economic data released overnight reinforced investor confidence in a global…