Forex and currency trading
With oil prices seemingly reaching new highs daily, a lot of Forex market participants have been trying to use this fact as a proxy for currency trading. General consensus is that some national currencies are correlated, to some degree, to major commod...
Popularity of Forex trading is bringing hundreds, if not thousands, of new traders into the markets every day. Most of these new participants are introduced to currencies because they purchased a trading book, course or some other tool which promises t...
With financial markets in turmoil, press is full of speculation regarding US dollar and Euro. A lot of coverage is given to unprecedented commodities boom, especially record prices for oil and grains. Precious and industrial metals also draw a lot of atte...
For a number of years US economy has enjoyed a relatively low inflation rate. According to official statements, annualized inflation over last decade or so has been in very low single digits. Depending on the source and method of calculation, the rate ha...
The carry trade is an investment strategy involving basic arbitrage between interest rates. Any Forex transaction comprises of simultaneously selling one currency and buying another. Object of the carry trade is to sell a currency with a low interest rate...
Very quietly and almost unnoticed by financial media in US , the European Central Bank has reached an important milestone - 10 year anniversary. The ECB came into being June 1, 1998, as 11 European countries drew closer to merging their currencies. The Eu...
Federal Reserve Bank's role as a market stabilizing force has been taken to new highs over last few months. In the aftermath of the "housing market bubble" and "credit crunch", popular media and Wall Street executives were pleading, well, demanding, f...
Over last few weeks, some of the strongest behaving currencies have experienced measurable corrections against US Dollar. After marking all time highs, Euro pulled back about 700 pips and Swiss Franc bounced almost 1000 pips, Japanese Yen lost 900 pips....
We all know that prices of certain products and goods have reached the highest levels ever. Most people notice it daily during trips to a gas station. Four dollar a gallon gasoline certainly draws attention. Everybody is also aware of the fact, that U...
For years now we have been witnessing, and even participating in, an unprecedented weakness of American Dollar. Since 2001 EUR went from about 0.8200 to 1.5900 last week against USD. That is, Euro almost doubled its value, or Dollar lost about half. This...
The Forex market is to be regarded as a massive market that involves almost $1 trillion dollars every day; outstanding possibilities are offered to every investor and the Forex trading reviews show that the intrepid private investor is may take full advan...
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.Actually,...
Forex currencies are always traded in pairs. For example, EUR/USD, which means Euro over US dollars, would be a typical pair. In this case, the Euro, being the first currency can be called the base currency. The second currency, by default USD, is called ...
DollarDrops.com provides you with the latest information on FOREX related news with the rates, forecasts and background articles. DollarDrops.com is a very useful site which can help you with your online foreign exchange trading and deal with issues like ...
Who doesn't want to make a quick buck? Or better yet, a cool grand for just about a week of virtually effortless trading in the foreign exchange market? But before you hand over your hard-earned money to that smooth-talking account executive who called yo...