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Latest news and updates from the Forex Figures blog:
Over the past few days the Forex world has been rocked by the wild, sudden rise in the Swiss Franc last Thursday, which eventually stabilised at a gain of about 15% against all the major currencies. We’ve all got questions about how and why this happened, and what it means, so let’s try to answer them.
Last Thursday’s wild movement by the Swiss Franc wiped out a lot of Forex traders who were short of the currency. However, there were three things these unfortunate traders could have done that probably would have ensured their accounts survived to trade another day.
If you are looking for a new Forex broker, or wondering if your broker is giving you an acceptable deal, then here’s a checklist of a few things for you to consider when making your evaluation.
The Tokyo Stock Exchange (TSE), the second largest stock exchange in the world, follows closely behind the New York Stock Exchange, based on monetary volume. It has also become a major player in the world of stock trading throughout the world.
Traders tend to focus on the here and now of price movements, watching a range of currency pairs and picking whichever ones look most active or technically interesting to trade.