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 hit a fresh 16-month low and opened at 68.2475 against the US dollar on account of sustained dollar demand from importers and banks amid higher dollar overseas. Moreover, Weakness in the greenback against other currencies overseas along with a positive closing of local bourses supported the rupee recovery momentum. The dollar[…]
Market Outlook The rupee recovered from its 16-month low to opened up at 68.1675 hovered in the range of 68.1675 and 67.9725 against the US dollar. The rupee sentiment was also buoyed on easing trade woes between the US and China against the US dollar in early trade on fresh selling of the dollar by[…]
Market Outlook The rupee weakened by 12 paisa to a fresh 16-month low and opened at 68.1925 hovered in the range of 68.2150 and 68.0950 against the US dollar after China and the US struck a deal to avert a trade war. Surging global crude prices fuelled inflation concerns and interest rate hikes loomed potentially[…]
Market Outlook The Rupee weakened by over 6 paisa and opened at 67.8300 and hovered in the range of 68.1400 and 67.8250 against Dollar in an early trade at the interbank forex market today on fresh demand for the greenback from importers and banks. Moreover, the rupee sentiment was also hit as crude oil breached[…]
Market Outlook The Rupee strengthen by over 8 paisa and opened at 67.8050 and hovered in the range of 67.8800 and 67.6425 against Dollar in an early trade on increased dollar selling by banks and exporters amid the greenback’s weakness against some currencies overseas. However, North geopolitical tensions have revived buying US dollar, putting pressure[…]
Market Outlook The Rupee weakened by over 11 paisa and opened at 68.2975 and hovered in the range of 68.2975 and 67.8475 against Dollar in an early trade on fresh selling of the US currency by exporters and banks.Meanwhile, the dollar’s strength against other currencies overseas, as a surge in the benchmark 10-year Treasury yield[…]
Market Outlook The Rupee plunged by over 8 paisa in early trade and hovered in the range of 68.2475 and 67.5600 against Dollar in an early trade following heavy buying of American currency by banks and importers amid fund outflows from equities. Meanwhile, domestic bourses opened on a cautious note to trade higher ahead of[…]
Market Outlook The Rupee was strengthen by 8 paisa and opened at 67.3575 and hovered in the range of 67.7325 and 67.3100 against the Dollar due to fresh selling of the US currency by exporters and banks and a firm domestic equity market. However, the rupee’s gains were capped as the industrial output posted 4.4[…]
Market Outlook The Rupee opened at 67.3025 appreciated by 14 paisa, made a high of 67.2200 and made a fresh low of 67.4950 in early trade. Rupee hovering in the range of 14 paisa between 67.2200 and 67.4950 during trading hours against the dollar on steady dollar demand from banks and importers. On the global[…]
Market Outlook In early trade, against the US dollar, rupee opened weakened by 7 paise to a fresh 15-month low of 67.4900, made a high of 67.3525 and a low of 67.5700, due to strengthening of the American currency overseas, sustained foreign fund outflows and soaring global crude prices. However, in early trade of session,[…]
Market Outlook The Rupee plunges 28 paisa to 67.5125 and moved between 67.4200 and 67.6350 against the US dollar on account of rising dollar demand and foreign capital outflows. Moreover, the sentiment was also hit due to weaken domestic bourses and dollar demand from importers. The dollar strengthened against major global currencies overseas as crude[…]
Market Outlook The Rupee opened at 67.4250 depreciated by 9 paisa, made a fresh low of 67.4375 and high of 67.1150 in early trade due to weakness of the American currency overseas amid sustained foreign capital outflows. The Rupee’s fall to increased demand for the US currency from importers. However, strong domestic equity market capped[…]