Simply put, the Forex is the foreign exchange market. It0s where travelers, banks, and companies that do business internationally change money, in effect buying one currency and selling another. Profits are made from the difference in …

Original post by financefreak

When you execute a Forex trade, you are purchasing an amount of currency, termed a lot. The amount of currency in one lot depends upon the type of account you have. In a standard account, one lot is usually equal to US $100000; …

Original post by financefreak

There can be and are whole books written on the topic of money management, but I like to keep things simple so I will just give you a few simple rules that you can follow to implement successful money management in your forex trading. …

Original post by financefreak

Forex Currency pairs in Forex trading have been standardized by the IMF. The pairs most commonly traded are: 0 EUR/USD, the Euro and the US dollar 0 USD/CHF, the US dollar and the Swiss franc (sometimes called 0the Swissie0) …

Original post by financefreak

The Monday UK data releases will revive speculation that the Bank of England will cut rates before year end which…

Original post by unknown

“For us, the parallel (foreign exchange) market does not exist”. Wow, I am not sure who “us” is, but he is definitely very much out of a loop, as the Government has spent US$ 12 billion in trying to lower this non-existent parallel …

Original post by unknown

The Australian dollar may continue the uptrend against the Yen; according to technical charts the market is in a bullish…

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Interest rate decisions in the UK and euro zone on Thursday are the highlights of the economic calendar this week…

Original post by unknown

Interest rate decisions in the UK and euro zone on Thursday are the highlights of the economic calendar this week…

Original post by unknown

UK data today show inexcusable readings forcing the Royal Pound to drop severely to record a low of 2.0796 after…

Original post by unknown