Friday, November 28, 2014

Currency News

Forex Markets News and Data

Hardest Hit Currencies

Posted under featured, forex

The value of a country’s currency is dependent on many factors that will cause it to fluctuate, relative to other world currencies. Higher interest rates can attract foreign investment, while lower rates cause investors to look elsewhere for better returns. The economic health of a country, both current and predicted, also plays a key role. [...]

Hardest Hit Currencies

Posted under featured, forex

The value of a country’s currency is dependent on many factors that will cause it to fluctuate, relative to other world currencies. Higher interest rates can attract foreign investment, while lower rates cause investors to look elsewhere for better returns. The economic health of a country, both current and predicted, also plays a key role. [...]

World’s Biggest Market A Relative Newcomer

Posted under featured, forex, Forex Facts

Forex is the largest and most liquid market in the world. In 2010, it accounted for more than $3 trillion of daily trading. Yet, oddly enough, this market didn’t exist a century ago. Unlike stock markets, which can trace their roots back centuries, the forex market as we understand it today is a truly new [...]

Currency traders- the new leaders of the financial markets

Posted under featured, forex, Forex Advice, Forex Opinion

The sovereign debt crisis, the demise of the USD and the creation of new reserve currencies all mean that the great financial reputations and fortunes could be made in foreign exchange in the coming few years. In any decade, one sector of the financial markets is typically dominant. There is one corner of the financial [...]

GBP enjoying a run gaining up to 4% against some currencies

Posted under featured, UK Currency News

For the past 10 days GBP has been enjoying a run gaining up to 4% against some currencies. This increase in exchange rates has been a welcome surprise to most, however the pound seemingly peaked on Wednesday as it dropped against every major currency yesterday morning. If you have been watching and waiting to see [...]

Euro-USD Rate Recovers on Risk With Limited Gains

Posted under featured, forex, USA currency news

The Euro rose on Thursday, recovering from a 6 1/2-month low against the USD after United States President Barack Obama stated he did not want to punish United States banks, whetting risk appetite and boosting stocks. Despite its recovery, the single currency‘s gains were capped as investors remained wary on concerns about some Euro zone [...]

featured, forex

Hardest Hit Currencies

The value of a country’s currency is dependent on many factors that will cause it to fluctuate, relative to other world currencies. Higher interest rates can attract foreign investment, while lower rates cause investors to look elsewhere for better returns. The economic health of a country, both current and predicted, also plays a key role. [...]

featured, forex, Forex Facts

World’s Biggest Market A Relative Newcomer

Forex is the largest and most liquid market in the world. In 2010, it accounted for more than $3 trillion of daily trading. Yet, oddly enough, this market didn’t exist a century ago. Unlike stock markets, which can trace their roots back centuries, the forex market as we understand it today is a truly new [...]

featured

Canadian Paper Currency To Be Changed To Plastic

Canadian paper currency is all set to get a makeover with the federal government stating recently that the country’s paper paper currency likely to be replaced by plasticized versions by the end of next year. It has also been revealed that the Bank of Canada is hoping to begin the printing of the new plastic [...]

featured, forex

Stronger dollar reduces Israel foreign currency reserves

Bank of Israel purchases were offset by the dollar’s appreciation against other currencies. A spokes person of The Bank of Israel stated today that Israel’s foreign exchange reserves was reduced by $871 million during February 2010 to $60.73 billion at the end of the month. The Bank of Israel attributed the reduction to a downward [...]

featured, forex, Forex Advice, Forex Opinion

Currency traders- the new leaders of the financial markets

The sovereign debt crisis, the demise of the USD and the creation of new reserve currencies all mean that the great financial reputations and fortunes could be made in foreign exchange in the coming few years. In any decade, one sector of the financial markets is typically dominant. There is one corner of the financial [...]

featured, forex, Forex Advice, Uncategorized

Currency Trading Taxation Basics

For novice Currency traders, the goal is simply to make successful trades. In a market where profits – and losses – can be realized in the blink of an eye, many investors get involved to “try their hand” before thinking long term. However, whether you are planning on making Currency a career path or are [...]

  • Currency Exchange Rates

  • Currency Converter