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 Indian rupee on Monday strengthened marginally against the US dollar, tracking gains in the local equity markets. It opened 12 paise up at 64.52 against dollar on Monday on account of selling of American currency by banks and exporters. The dollar steadied close to six-month lows against a basket of currencies on[…]
Market Outlook Indian Rupee on Friday pared all the morning gains and weakened past 65-mark to hit six week low against the US dollar following losses in global equity and currencies markets amid uncertainty surrounding Brazilian and US politics. It opened 6 paise higher at 64.84 against the dollar on Friday on account of selling[…]
Market Outlook The Indian rupee on Thursday weakened over 1.1%, its steepest fall in eleven month against the US dollar as concern over US President Donald Trump spurred a selloff in emerging market currencies. Extending its losses for the third straight day on Thursday, the rupee opened 19 paise down at 64.34 against dollar on[…]
Market Outlook The Indian rupee on Wednesday pared gains after public sector banks bought dollars on behalf of the Reserve Bank of India (RBI).It opened 9 paise higher at 63.99 against the dollar on account of selling of American currency by banks and exporters amid sustained inflows by foreign institutional investors. The dollar nursed its[…]
Market Outlook The Indian rupee on Tuesday was trading little changed against the US dollar in mid day trading sessions. The local currency on Monday closed higher by 26 paise on account of positive macro data even as exporters aggressively offloaded the American currency. Continuing its dominance against the dollar, the rupee shot up by[…]
Market Outlook The Indian rupee on Tuesday strengthened against the US dollar, tracking the gains in Asian currencies markets. It extended its gains for the third straight session on Monday and opened 19 paise higher at 64.12 against dollar on account of selling of American currency by banks and exporters. Most Asian currencies edged up[…]
Market Outlook The Indian rupee strengthened against the US dollar ahead of the key macro data as opened 5 paise higher at 64.38 against dollar on Friday on account of selling of American currency by banks and exporters. Most of the Asian currencies edged up on Friday, trimming their losses on the week, as traders[…]
Market Outlook Indian rupee on Thursday strengthened against the US dollar taking cues from local equity markets as it gains for the fourth consecutive day as opened 14 paise higher at 64.49 against dollar on Thursday on account of selling of American currency by banks and exporters. The dollar edged up to eight week high[…]
Market Outlook The Indian rupee on Tuesday weakened against the US dollar as it opened 11 paise down at 64.42 on back of buying of American currency by banks and exporters and it mainly tracked the losses in Asian currencies markets. The euro pulled back from recent six-month highs on Tuesday, but remained well-supported as[…]
Market Outlook The Indian rupee on Monday strengthened against the US dollar tracking gains in the local equity and Asian currencies markets. It opened 11 paise higher at 64.27 against dollar on account of buying of American currency by banks and exporters. The euro rallied to a six-month high against the dollar Monday after pro-European[…]
Market Outlook The Rupee plunging 20 paisa to end at a fresh two-week low of 64.38 against the US dollar. This is the biggest one-day fall for the home currency since April 10. India’s foreign exchange reserves reached a record high last week according to data released by the Reserve Bank of India, reaching $372.7[…]
Market Outlook The Rupee opened 3 paise down at 64.18 against dollar on Thursday on account of buying of American currency by banks and importers amid hawkish policy statement by the US Federal Reserve. The dollar mostly held onto gains Thursday as the FOMC as expected left policy on hold. The FOMC statement after the[…]