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 Falling for the second-straight session, the rupee today depreciated by 8 paise to end at 66.89 against the US dollar due to increased demand for the American currency from importers and state-owned banks. A rise in the dollar on Friday to touch a seven-month high against[…]
Market Outlook The Rupee today got off to a bumpy start as it tumbled 3 paise to 66.71 after demand for the American currency from importers went up. Fresh demand for the US unit and its gains against other currencies overseas ahead of a closely-watched ECB meeting pulled the rupee down but relatively strong opening[…]
Market Outlook The Rupee moved up further by 6 paise to 66.67 against the dollar today, with exporters and banks going on a selling spree of the US currency and a higher opening in the stock market backing it up. Dollar faced some headwinds against other currencies overseas after core US inflation rose less than[…]
Market Outlook The Rupee appreciated 12 paise to 66.76 against the US dollar today, propped up by fresh selling of the American currency by exporters and banks amid a higher opening in the domestic stock market. Weakness in the dollar against other currencies overseas on unexpected fall in a US manufacturing index made the rupee[…]
Market Outlook The Rupee turned weak by 12 paise to 66.83 against the dollar today at the foreign exchange market after the American currency gained ground following a spurt in demand from importers. Strength in the dollar against some other currencies overseas on the prospects of higher US rates also weighed on the rupee, but[…]
Market Outlook The Rupee appreciated by 11 paise to 66.83 against the dollar in early trade today at the Interbank Foreign Exchange on fresh selling of the American currency by exporters. Besides, the retail inflation in September dropping to 13-month low of 4.31 per cent and a higher opening of the domestic equity market also[…]
Market Outlook The Rupee was trading lower by 29 paise against dollar in early trade at the Interbank Foreign Exchange market as the dollar strengthened overseas amid a lower opening of the domestic equity market. Increased demand for the US currency from importers and gains against other currencies overseas after minutes of the Federal Reserve’s[…]
Market Outlook The Rupee extended its gains for the second trading day today against the US currency, surging by another 15 paise to close at 66.53 per dollar on hopes of more foreign capital inflows. Sustained foreign fund inflows, weakness of the dollar against other currencies overseas after last week’s softer-than-forecast US jobs data, and[…]
Market Outlook The Rupee fell for the third straight day by losing 9 paise to 66.78 against the dollar on weakening demand as the appeal of dollar grew with importers and banks. Most emerging Asian currencies fell on Friday with caution increasing ahead of key U.S. jobs data, while regional units were on track for[…]
Market Outlook The Rupee weakened further by 8 paise to 66.59 against the dollar today following increased demand for the American currency from importers. Most emerging Asian currencies pulled back on Thursday as traders took some money off the table as they wait on key U.S. jobs data for clues on when the Fed Reserve[…]
Market Outlook Reversing its three-day climb, the Rupee fell 16 paise to 66.62 against the US dollar at the Interbank Foreign Exchange today due to higher demand for the American currency from importers and banks. Strengthening dollar against other currencies overseas amid mounting expectations of higher borrowing costs in the US weighed on the rupee,[…]
Market Outlook The Rupee rose against the US dollar after the central bank reduced the benchmark repo rate by 25 basis points to 6.25%, citing slower inflation and a pick up in the growth momentum. The rupee rose to 66.39 per dollar after the RBI’s rate cut on expectations that the cut will boost credit[…]