All Entries Tagged With: "exchange rate"
Oil and Gold falls on strong US Dollar, IMF sale
The U.S. Dollar rose to a high in the forex trading market this Thursday mostly on the back of strong economic statistics released on Wednesday the 17th. The Euro meanwhile continued to be uncertain and almost fell to the seven month low that it reached earlier in February against the U.S. Dollar. Gold prices meanwhile [...]
Have account, will trade foreign currency exchange
Having explained what pitfalls await for people looking to create new forex currency trading accounts, in this post we will discuss what exactly you should trade and why. Further, we will explain what spreads and pips are and why they are important if you’re planning on forex currency trading for a profit. Despite some forex [...]
Forex News: Unemployment, the Euro and Oil
Oil prices fell here on Friday the 5th of February as concerns regarding the Euro and its future and also rising inventories in most developed countries has caused a 5% fall in the price of U.S. crude. Other than rising concerns in the forex trading market about the Euro, further downward pressure acted on the [...]