Posted by Batool on March 31, 2011 ·
Foreign Exchange trading means to trade different currencies for the sake of earning profit. Foreign Exchange trading is the largest markets that also offer maximum liquidity to the investors. In this regard the concept of currency pair is also very important; it means that at the same time you selling one currency and buying other. The dominant currencies in this business are USD, GBP, CAD, CHF, AUD, EUR and JPY.
Posted by R. MAK. on December 14, 2009 ·
On Monday after Dubai’s announcement that it had received help from Abu Dhabi to repay its debts improved risk appetite and reduced some of the U.S. currency’s safe-haven appeal and as a result of this, the euro has shown a rise versus…
Posted by R. MAK. on December 12, 2009 ·
This week the dollar ended with the highest rate against the European common currency. This happened after it has been suggested by the positive reports in the U.S. that the North American economy’s pace of recovery is accelerating. This in turn…
Posted by R. MAK. on August 17, 2009 ·
In finance, the smallest price change that a given exchange rate can make is referred to as percentage in point also known as pip or point. Since most major currency pairs are priced to four decimal places, so the smallest change is…
Posted by R. MAK. on July 31, 2009 ·
For any given currency Supply and demand, and thus its value, are not influenced by any single element but rather than that they are influenced by several factors. These elements are generally divided into three categories these are…