Archive for március, 2008
kedd, március 18th, 2008
Forex Markets
Greenback at new lows (March 17, 2008, 4:23 PM)
EURUSD briefly rose above 1.59, as markets reeled from the news of the Bear Sterns collapse. USD was also sharply down against CHF and JPY. We do not see short term relief for the greenback, as technical and market momentum is compellingly against […]
1 Comment » - Posted in Forex News by forex
hétfő, március 17th, 2008
Gulf states under pressure to sever links with ailing US dollar - report
Pressure is mounting on Gulf states to fight surging inflation when they meet on Wednesday by severing the links between their currencies and the US dollar, according to a report in the Times, which cited analysts. The paper said officials in Qatar and the United Arab Emirates have denied rumours of an imminent decoupling, but […]
No Comments » - Posted in Daily Reports by forex
péntek, március 14th, 2008
Daily Report: Dollar Remains Weak as Focus Turns to CPI, Yen Stabilizes around 100
Dollar remains generally weak and edges to another record low of 1.5650 today. Markets are preparing for another round of inflation data from US. Headline CPI is expected to remain unchanged at 4.3% yoy while core CPI is expected to ease back to 2.4% yoy in Feb. Markets are generally expecting Fed to cut rates […]
No Comments » - Posted in Daily Reports by forex
péntek, március 14th, 2008
Concepts of Forex Trading.
Currency Pairs
Different currencies are priced together in pairs.
The most commonly traded currency pairs are :
· EUR/USD - Euro/Dollar
· USD/CHF - Dollar/ Swiss Franc
· USD/JPY - Dollar /Yen
· GBP/USD - Pound /Dollar
· USD/CAD - Dollar/Canadian Dollar
The first currency is called the base currency and the second currency […]
[3] Comments » - Posted in Forex Tutorial by forex
csütörtök, március 13th, 2008
Currency Exchange Rates?
No particular individual or organisation determines foreign exchange rates. Forces of supply and demand for currencies determine these rates. The variance in supply and demand is in turn caused by several other […]
1 Comment » - Posted in Forex Tutorial by forex
csütörtök, március 13th, 2008
Introduction to Forex
1. What is Forex ?
No prizes for answering the above. The word Forex consists of two words FOReign and EXchange.
Definition: Forex is a cash market where currencies are traded against each other
The word […]