Currency Trading is to act of buying and selling (trading) different currencies of the world. If you want to learn about how to save time and money visit Trifid Research. The Foreign Exchange (or Forex) is the currency market that allows you to trade currencies in volume. The two currencies involved in a foreign exchange rate. Example: EUR/USD
Forex is short for foreign exchange, Forex is the largest financial market in the world, with about 4 trillion US dollars in daily volume and 24-hour market action. The Forex market can change way at a sudden moment’s notice, depending on conditions within that country. Forex is an over-the-counter market.
COMEX is known as the Commodity Exchange, COMEX The primary market for trading metals like silver, gold, copper & aluminum. Formerly known as the Commodity Exchange Inc. COMEX Tips includes those investors who trade in International Commodities traded in COMEX.
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Market Outlook The Rupee on Thursday opened 6 paise down at 64.34 against dollar on account of buying of the American currency by banks and importers. The Australian dollar climbed to a two-year peak on Thursday after an upbeat jobs report fed chatter the central bank is creeping closer to a rate rise, while its[…]
Market Outlook The rupee on Wednesday opened 2 paise down at 64.35 against dollar on fresh bouts of dollar unwinding by exporters. Dollar nursed losses on today after skidding to a 10-month low against a currency basket as Republican legislators’ failure to pass a stalled healthcare bill raised fears for the rest of President Reform[…]
Market Outlook The Rupee today regained momentum to log a fresh one-month high of 64.35 by rising 10 paise on bouts of dollar unwinding by exporters. Dollar sank to a 10-month low against a basket of major currencies on Tuesday, hit by the latest collapse of President Donald Trump’s efforts to deliver a new healthcare[…]
Market Outlook The Rupee on Monday opened 11 paise up at 64.34 against dollar on account of selling of American currency by banks and exporters amid sustained inflows by foreign institutional investors. As global bonds reel under hawkish rhetoric by major central bankers, Alliance Bernstein and Amundi Asset Management say emerging-market currencies will weather the[…]
Market Outlook The rupee ended flat at 64.45 against the US currency in an otherwise quiet and range-bound trade amid weaker dollar sentiment overseas. Sustained capital inflows into the Indian markets backed by strong macro environment largely supported the home currency to stay afloat of late. The dollar trod water against a group of peers[…]
Market Outlook The Rupee on Thursday opened 16 paise up at 64.38 against dollar on fresh dollar selling by banks and exporters. The dollar was capped against a basket of currencies early on Thursday after Federal Reserve Chair Janet Yellen did not sound as hawkish as many had anticipated, while the Canadian dollar stood near[…]
Market Outlook The Indian rupee strengthened marginally against the US dollar on account of selling of American currency by banks and exporters ahead of the key consumer price inflation and industrial production data due after 5.30pm on Wednesday. Most Asian currencies were higher on Wednesday against the dollar, which was hit by new suggestions of[…]
Market Outlook The Rupee opened 8 paise higher at 64.45 against dollar on sustained selling of dollars by exporters. The dollar ground higher against the basket of currencies used to measure its broader strength on Tuesday, hitting a four-month high against the yen on the back of the past fortnight’s 25 basis-point rise in 10-year[…]
Market Outlook The Rupee opened 4 paise up at 64.56 against dollar on Monday on account of renewed selling of the American currency by banks and exporters. The dollar climbed to a two-month high against the Japanese yen on Monday as robust jobs data propped up US Treasury yields, although investors were wary of adding[…]
Market Outlook Rupee today ended steady at 64.78. US currency in a range-bound trade amid concerns over a possible rate hike by the Federal Reserve. The dollar hit a seven-week high against the yen on Friday after the Bank of Japan increased its purchases of government bonds, expanding monetary policy at a time when other[…]
Market Outlook The Indian rupee on Thursday strengthened marginally against the US dollar tracking gains in the local equity markets.US fed Minutes showed Fed officials continued to view gradual interest-rate increases as appropriate while starting the process of unwinding their $4.5 trillion balance sheet this year. The dollar’s bounce stalled on Thursday after the U.S.[…]
Market Outlook The Rupee on Tuesday made a smart recovery after yesterday’s massive plunge, appreciating by 14 paise to close at 64.74 against the US currency on fresh bouts of dollar selling exporters and banks. The dollar slipped against the yen on Wednesday on concerns about rising tensions between the United States and North Korea[…]