Posted by Batool on September 22, 2010 ·
The foreign exchange market is a single place where by buyers and sellers come and trade currencies. This is done in a manner where you give one currency and buy the other currency and vice versa. Without trading currencies, most of the transactions in the world would not take place because the buyer or seller might have a different currency compared to what they need in order or buy or sell.
Posted by Batool on June 6, 2010 ·
There is no doubt that foreign currency market is one of the largest market in the world, having high potential for profit making. A trader must be aware of different market trends to make the right forecasts.
Posted by R. MAK. on January 9, 2010 ·
Today the Canadian dollar were near 2 months high as its chief export, the crude oil, rallied as demand for energy increases. This has favored currencies having a similar profile in foreign-exchange markets as the Australian dollar, which is…
Posted by R. MAK. on December 18, 2009 ·
Early Friday in New York the dollar rose to its highest rate in almost two weeks against the yen after that the Bank of Japan renewed its pledge to fight deflation….
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 16, 2009 ·
On Tuesday the euro hit a 2-1/2-month low versus dollar, effected by concerns about the health of euro zone banks, while traders have also been prompted by a slip in German economic sentiment to dump the single currency…
Posted by R. MAK. on December 15, 2009 ·
On Tuesday the euro hit a 2-1/2-month low versus dollar, effected by concerns about the health of euro zone banks, while traders have also been prompted by a slip in German economic sentiment to dump the single currency…
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 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…
