An Introduction to Currency Correlation Global currencies don’t ride the trends in isolation. The apparent technical movement between two currencies in a pair may cause an effect in the behaviour of each separate currency. A third currency will also have some bearing on the rise or fall of a seemingly unrelated pair, in the view …
Currency – Do you know what the biggest is? Some people say that money makes the world go round. Whether you believe that or not, there’s no doubt that it’s important and useful to have some knowledge of the world’s currencies. In the same way that English has become the international languages, US dollars have …
Foreign Currency Mortgages – The Pros And Cons Virtually all mortgage borrowers go with a mainstream UK lender to make the biggest purchase of their lives, it’s the done thing and to be honest most people don’t realise there is a viable alternative – the foreign currency mortgage. Interest rates are reasonably healthy in the …
Forex Trading: Calculating Profit And Loss In Foreign Currency Trading The foreign exchange market, or Forex market, is an around-the-clock cash market where the currencies of nations are bought and sold. Forex trading is always done in currency pairs. For example, you buy Euros, paying with U.S. Dollars, or you sell Canadian Dollars for Japanese …
Forex Trading: Calculating Profit And Loss In Foreign Currency Trading Read More »
Currency Trading – How To Read Currency-Pair Quotes One of the most difficult things for newcomers to the forex to wrap their heads around is how to read currency-pair quotes. After all, most of us are used to seeing one price for items-a loaf of bread costs .89; a stock sells for .50 per share, …
Currency Trading – How To Read Currency-Pair Quotes Read More »
Forex Currency Trading Explained FOREX MARKET HOURS At 7:00 pm Sunday, New York time, trading begins as markets open in Tokyo, Japan. Next, Singapore and Hong Kong open at 9:00 pm EST, followed by the European markets in Frankfurt (2:00 am), and then London (3:00 am). By 4:00 am, the European markets are in full …
Online Currency Trading – Forex Trading Strategies Foreign Exchange Currency Trading Current monetary policy allows for free and open exchange of currencies at market rates for most US and European trading partners. In essence, by looking at the exchange rates, and by prognosticating on foreign and international news, foreign exchange traders are making gambles that …
Online Currency Trading – Forex Trading Strategies Read More »
Forex Currency Trading – Frequently Asked Questions What is FOREX? FOREX stands for the FOReign EXchange market, which is an international financial market where currencies are traded. The foreign exchange market began in the 1970s and is now the largest financial market in the world, with an average daily turnover of US.9 trillion. That’s thirty …
Forex Currency Trading – Frequently Asked Questions Read More »
German Currency Here is some general information on Germany and the national currency (Euro) that I hope will be useful for anyone planning a trip here. One of the first things you will need to do when planning your trip to Germany is convert your national currency to the Euro. To do this you can …
Do You Know Your Currency Pairs? When I thought about some of the first things I learned before trading the Forex market, fundamental analysis came to mind. Fundamental analysis refers to factors that affect the price of a currency pair. It is important not only to perform technical analysis based on your charts and indicators, …