Forex Trading Tips

There are in excess of one hundred different official currencies globally. Most international trades and payments use the U.S. dollar, Euro or Yen and there are several players in this market. Currency trades can be done via spot transactions, swaps, option contracts and forwards. Central Banks The central banks form a very important part of the foreign exchange market. Interest rate policies and open market operations of the central banks play a huge role in currency rates. Central banks make decisions regarding the regime that will be […]

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With the crazy markets of today it is very important for investors to diversify and keep their eyes open to new markets. One of the biggest markets right now is forex. What is forex? it stands for FOR-eign EX-change. It is basically the trading of one currency to another. Many large corporations and even countries simply need to exchange their local currency for another in order to do business. For example most countries must pay for their oil with us dollars, which means they need to exchange […]

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