Tag Archives : EUR/USD

Understanding Forex Currency Pairs

Understanding Forex Currency Pairs

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.

Euro gained Vs Dollar, boosted after Dubai Secures Funding

Euro gained Vs Dollar, boosted after Dubai Secures Funding

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…

Momentum gained by Dollar Bullish Trends

Momentum gained by Dollar Bullish Trends

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…

What do you understand by Pip (Percentage in Point)?

What do you understand by Pip (Percentage in Point)?

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…

Foreign Exchange Market: Determinants of FX Rates

Foreign Exchange Market: Determinants of FX Rates

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…

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