Forex TradingThe foreign exchange market exists wherever one currency is traded for another. It is by far the largest market in the world, in terms of cash value traded, and includes trading between large banks, central banks, currency speculators, multinational corporations, governments, and other financial markets and institutions. The trade happening in the forex markets across the globe currently exceeds US $5.6 trillion daily . Retail traders are currently a very small part of this market and may only participate indirectly through brokers or banks and may be targets of forex scams. |
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Current Forex Trading News Today
Kenya: Dollar Demand Buoys Trading At Forex Market (AllAfrica.com)There was active trading at the forex market yesterday as the local unit gained 10 cents from the previous trade following an end month dollar demand. Wed, 02 Jul 2008 21:09:13 GMT
(AFX UK Focus) 2008-07-04 09:40 Forex - Euro settles into range as US holiday subdues trading (Interactive Investor)LONDON (Thomson Financial) - The euro steadied after sharp losses against the dollar on Thursday, as the July 4 holiday in the U.S. and a lack of economic data are expected to keep trading volumes to a minimum. Fri, 04 Jul 2008 08:45:55 GMT
Forex: FxSpyder LLC Introduces First Independent, API Driven Forex Trading Platform (PRWeb via Yahoo! News)FxSpyder LLC completes program integration to offer API trading to the retail forex spot trader through OANDA CORPORATION. The first software developer to offer an independent, trader controlled forex trading platform to the marketplace, FxSpyder LLC hopes to eventually make its universal platform available to any trader trading with and through forex dealers offering API access. Wed, 02 Jul 2008 07:01:00 GMT
(AFX UK Focus) 2008-07-04 13:56 Forex - Euro on back foot as market digests ECB rate stance (Interactive Investor)LONDON (Thomson Financial) - The euro continued its slow slide against the dollar the, falling below the $1.56 level in holiday thinned trading as markets continued to digest the the European Central Bank's interest rate stance. Fri, 04 Jul 2008 13:31:36 GMT
How do I calculate forex pivot points? (Investopedia)How do I calculate forex pivot points? Pivot points were originally developed by floor traders in the equity and commodity exchanges. They are calculated based on the high, low and closing prices of previous trading sessions, and are used by traders to predict support and resistance levels in the current or upcoming session. Wed, 02 Jul 2008 08:14:59 GMT
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