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 Against the US dollar, the Indian rupee apreciated by 14 paise to open at 69.5975, as counting of votes for the seven-phase Lok Sabha elections is still going on. The counting exercise is on in over 4,000 counting centres. The BJP-led National Democratic Alliance (NDA) is on course to retain power for a[…]
Market Outlook The rupee ticked higher by 3 paise to open at 69.7500 against the United States (US) dollar on Wednesday amid weakness in the green-back and easing crude oil prices. Moreover, strong foreign instituional investors (FIIs) inflows and higher domestic equity markets also improved sentiments for the rupee. On the other side, the U.S.[…]
Market Outlook The rupee opened flat at 69.7825 against the United States (US) dollar in early trade following increased demand for the greenback from importers and banks. Besides, a strong US dollar against major global currencies and rising crude prices influenced the domestic unit. On the flip side, the dollar hit a fresh three-week high[…]
Market Outlook The Indian rupee and bonds rallied at market opening on Monday after exit polls suggested the election will give a clear mandate for the ruling party led coalition. But traders said market gains would be kept in check ahead of the vote counting on Thursday. On the flip side, dollar is pushing toward[…]
Market Outlook The Indian rupee declined by 11 paise to open at 70.2500 against the United States (US) dollar in opening trade on Friday as crude oil prices firmed up and US-China trade related concerns weighed on investor community. Moreover, besides the US-China trade concerns, foreign fund outflows also kept pressure on the Indian rupee.[…]
Market Outlook The Indian rupee depreciated by 9 paisa to open at 70.3625 against the United States (US) dollar in opening trade on Thursday, driven by weakening of the green-back in overseas markets and positive opening in domestic equities while rising crude prices, US-China trade concerns and foreign fund outflows weighed on the domestic currency.[…]
Market Outlook The rupee appreciated by 8 paise to open at 70.5000 against the US dollar, driven by easing crude prices, higher opening in domestic equities and on US-China trade talk hopes. Investors’ sentiments were buoyed after US President Donald Trump on Tuesday hoped that the world’s top two economies would be able reach an[…]
Market Outlook The rupee recovered marginally and opened flat at 70.6475 against the dollar on Tuesday amid weak global cues and foreign fund outflows. Moreover, foreign fund outflows, rising crude prices and US-China trade related concerns weighed on the domestic currency. Contrary, Dollar are correcting some of Monday’s sharp movements in early trade in Europe[…]
Market Outlook The rupee depreciated by 45 paise to 70.4975 against the United States (US) dollar in early trade amid US-China trade related concerns and rising crude oil prices. Moreover, foreign fund outflows and cautious opening in domestic equities added pressure to the domestic unit. On the flip side, the dollar hit a four-month high[…]
Market Outlook The Indian rupee (INR) today rebounded after falling beyond 70 a US dollar. At day’s low, the rupee fell 70.06 as US-China trade war hit emerging market currencies. US today increased tariff to 25% on $200 billion worth of Chinese good as the two sides pursue last-ditch talks to try salvaging a trade[…]
Market Outlook Indian rupee slipped further in today’s session as it test 70.03 level. On May 8 the rupee registered a third consecutive day fall on the back of rising US-China trade worries and a selloff in domestic equity markets. Rupee came under pressure in the latter half of the session as uncertainty related to[…]
Market Outlook The Indian rupee on Wednesday traded weak for the third straight session against the US dollar tracking losses in global market as concern about escalating US-China trade tensions weighed on risk appetite and finally settled the session on weak note. Rupee consolidated in a narrow range but came under pressure in the latter[…]