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Introduction to the Foreign Exchange Market
The rationale behind this post is to break down the inner workings of the foreign exchange market and perhaps provide some enlightenment on the current situation, the forex market in general, the reason why we have and need forex brokers, and how forex brokers make their profit. More importantly, it aims to provide some understanding as to why we, as forex speculators, can and should, despite a very volatile market, continue to trade...... Read More
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Last week we saw the Dow get close to making a double bottom at 7773, the low that was reached in early October. And, during the same time period, GBPJPY did make a double bottom at 139.00. This is pretty significant. Just as this stock index and this currency hit those levels, the market sentiment quickly changed and reversed for several hundred points up........
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New To the Forex Market? |
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1. What is the FOREX Trading Market? Understand the Basics of the Biggest Buzz .
2. How do I make money in the FOREX Trading Market? There is no 'secret to FOREX', but there are lots of way to learn how to make BIG MONEY in the FOREX Market.
3. How do I choose my FOREX Trading Broker? The key factors for choosing the FOREX broker that best answers your demands.
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Forex Articles |
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Forex Signals Services: Path to Profits or Trail to Tears?
Retail forex trading is the most risky form of investing, yet every day hundreds, even thousands of people turn to forex as a way to make a quick buck. The idea of taking the time to learn the market and trade a demo account for months before risking real money can sound boring and nonproductive, so many seek out a way to start making money now, fast and easy. They seek out trading signals providers, there are hundreds out there with slick websites and claims of hundreds or thousands of pips per month, for a monthly subscription. The question is: Why do these signals providers really exist if they are truly making the amount of pips and profits they claim to be earning?...... Read More
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Forex News
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Poor State of Global Economy lifts Japanese Yen, Supports U. S. Dollar
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Wednesday, November 19, 2008
Today, the U.S. Dollar climbed slightly against a group of major currencies. Further, the Japanese Yen strengthened as investors continue to be apprehensive about the global economy and as a result, stock markets continue to come under downward pressure.
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Euro Falls as a result of Weak Shares and Wobbly Economies
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Tuesday, November 18, 2008
The Euro dropped against the U.S Dollar and the Japanese Yen today, as a stream of data showed that the global economy will continue to suffer, which kept strong demand for unwinding risky trades, as oppose to low-yielding currencies.
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Euro Zone Countries Enter Recession
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Thursday, November 13, 2008
The U.S. Dollar ceded gains today as stock futures in the U.S. gravitated towards positive territory, but continual wariness over the worldwide economic outlook supported the U.S. Dollar and the low-yielding Japanese Yen.
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