Forex Trading Information
FOREX — the foreign exchange (currency or forex, or FX) market is the
and the most liquid financial market with the daily volume of more than $3.2 trillion.
Trading on this market involves buying and selling world currencies taking
the profit from the exchange rates difference. Forex trading can yield high profits,
but it is also very risky. Everyone can participate in Forex trading via the Forex
brokers.
Don’t forget to check and bookmark my Forex blog to get
the latest updates about Forex market and this site’s content.
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Latest Forex News
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Indian Rupee Falls to Record Low
Thu, 20 Nov 2008 08:34
The Indian rupee fell to the record low level against the U.S. dollar today as the Asian stock markets followed the path of the U.S. equities and declined strongly; the recession forecasts for 2008 and the first half of 2009 also played their role.
KRW Reaches Decade Low on Stock Slump
Thu, 20 Nov 2008 07:58
The Korean won reached the lowest level against the U.S. dollar since 1998 today as the country’s stock market fell for the eight day in a row and the foreign investors continued to pull-out the funds.
Yen Gains After Two Days of Decline
Wed, 19 Nov 2008 07:52
The Japanese yen rose slightly today after losing for the two days on the currency trading market as the U.S. bail-out plans failed to raise the confidence in the high-yielding assets, favoring the yen as the safe-haven currency.
Singapore Choose to Depreciate Its Currency
Tue, 18 Nov 2008 08:28
Singapore dollar declined for the sixth day against they U.S. dollar today as the country’s monetary authorities will probably use the weak national currency as a stimulus for the export-producing economy.
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Latest Glossary Entries
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Standard Lot — 100,000 units of the base currency of the currency pair, which you are buying or selling.
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Swap — overnight payment for holding your position. Since you are not physically receiving the currency you buy, your broker should pay you the interest rate difference between the two currencies of the pair. It can be negative or positive.
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Leading Indicators — a composite index (year 1992 = 100%) of ten most important macroeconomic indicators that predicts future (6-9 months) economic activity.
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