Currency Trading Is A Battle Of Logic Versus Emotions Many beginner traders trade currencies on gut instinct. Our instincts served us well in tribal days. They helped to feed us and keep us warm and safe. But they are not very good for trading currencies. They are simply not accurate enough.Whenever you make a trade, you need to have a logical reason to do so. It sounds obvious but you’d be .. more …
Up till quite not too long ago solely large banks and monetary establishments were able to trade in the Foreign exchange market. At this time, anyone with an Internet connection and a modest quantity of capital can trade currencies from their residence or office.You could make a rough comparison between the habits of the different foreign money pairs in the overseas alternate and the value .. more …
US Dollar: FOMC Minutes and ECB Rate Decision Dominate Pivotal Week Fundamental Forecast for the US Dollar: Neutral The US Dollar finished the week lower against all except the downtrodden Japanese Yen, battered by noteworthy gains in the US Dow Jones Industrial Average and broader financial market ‘risk’. A benchmark G10 Forex Carry Trade Index matched a record 11 consecutive .. more …
The New Zealand dollar spiked higher today as the US dollar surged against the yen on news that the Group of Seven (G7) is intervening in markets to stem a rise in the yen after the Japanese earthquake.The NZ dollar rose to be US72.96c at 5pm from US71.81c at 8am and US72.23c at 5pm yesterday. The Australian dollar also rose to US99.42c at 5pm from US97.98c at the same time yesterday.Yesterday .. more …
Forex Investors Have Taken a Bath Retail investors have gotten increasingly interested in trading foreign currency, but until now, there’s been no way to see how well they’re succeeding. New disclosures are required to reveal the success – and there’s not much of it. Are Forex Brokers Cheating Their Clients? Just as foreign currency trading is on the verge of going mainstream, regulators say they .. more …
If you are reading this article then I guess it means you are one of the many that have heard about the wonderful opportunities that the Forex market can produce for investors. The trouble is that, just like with any other trading environments, Forex requires anyone interested in trading currencies and becoming a Forex broker to learn Forex and all its complexities. You should basically view it as .. more …
The answer of the question is a big yes! Forex refers to an exchange market where currencies are purchased and sold. A forex market functions on similar lines as those of a stock market. People started to make money trading currency from the 1970s when free exchange rates and floating currencies came into existence.Investing in Forex is one of the most rewarding ways to make money trading .. more …
LONDON–( BUSINESS WIRE )–Leading online trading company iFOREX has now launched a unique educational program to appeal to a wider spectrum of potential investors. Targeting an audience that has little or no experience of the currency exchange market, iFOREX is attempting to broaden its appeal by teaching novices how to trade currencies online via a unique learning process. Educational packages .. more …
By Cedric WelschCurrency trading education is a very important aspect of foreign exchange trading. Since there is a huge potential for loss as well as gain, it is recommended that you continually delve into the education aspect as well.The education begins by understanding what currency trading is and how it works. As some of you already know, currency trading is the exchange between two different .. more …
Over the past few years Forex traders have really had to step up their game in order to continue making money in the currency market. Back in the day before currency trading was main stream, currencies used to trend in a direction for a long period of time with a low level of volatility. But with so many individuals now involved speculating on price action coupled with international concerns in .. more …
How to Avoid the Coming Dollar Collapse Howard Richman, 2/7/2011 There has been increasing concern in American foreign policy circles lately about the coming dollar collapse. The writers often point to “Triffin’s Dilemma” as an explanation of why the crash is inevitable and why only delaying actions are possible. Here’s Wikipedia’s summary of that dilemma:The Triffin dilemma (less commonly the .. more …
The United States and China unveiled $45 billion in export deals today as Presidents Barack Obama and Hu Jintao sought to paper over deep rifts about trade, currencies and security.Amid the pomp of a state visit, Obama and Hu vowed to seek common ground as they launched talks aimed at easing the strains of the past year over North Korea, economic imbalances, human rights, Taiwan, Tibet and a host .. more …
The United States and China unveiled $45 billion in export deals today as Presidents Barack Obama and Hu Jintao sought to paper over deep rifts about trade, currencies and security.Amid the pomp of a state visit, Obama and Hu vowed to seek common ground as they launched talks aimed at easing the strains of the past year over North Korea, economic imbalances, human rights, Taiwan, Tibet and a host .. more …
DAVOS, Switzerland (Reuters) – The International Monetary Fund’s mandate should be expanded to measure, monitor and enforce new rules on global economic imbalances, French President Nicolas Sarkozy said on Thursday.He told bankers and business leaders at the annual World Economic Forum in Davos the first task was to develop a set of relevant indicators to define and measure imbalances in trade, .. more …
