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 opened at 66.6825 and moved between 66.6750 and 67.1850 in today’s trading hour against the dollar. Rising oil prices, surge in commodity prices, trade deficit worries, deteriorating external finances and the banking mess are all adding to the rupee’s cup of trouble. The dollar hit a 4 month high against basket of[…]
Market Outlook The Rupee opened at 66.4275 up by 7 paisa and moved between 66.4875 and 66.2875 in trading hours against the US dollar in opening trade at the interbank foreign exchange market today on some selling of the greenback by exporters and banks. The USD had strengthened against all major currencies overseasin globally trade. While,[…]
Market Outlook The Rupee opened at 66.2400 and moved between 66.1575 and 66.4825 in trading hour’s against the dollar on account of sustained demand for the American currency from importers and dollar strength against other currencies overseas, bolstered by rising US bond yields, weighed on the domestic unit. The dollar extended early gains against basket[…]
Market Outlook The Rupee opened depreciated 15 paisa at 65.9425, made a fresh thirteen month low and hovering between 66.0950 and 66.0000 in today’s trading hour against the dollar. Strengthening of dollar against other currencies overseas and increased demand for the dollar from importers also put pressure on the domestic unit the dollar was higher[…]
Market Outlook The Rupee opened depreciated 10 paisa at 65.7900 and moved between 65.7425 and 65.8700 in today’s trading hour against the dollar at the interbank forex market today on increase demand for the greenback from importers and banks amid soaring crude oil prices overseas. However, The Dollar’s weakness against basket of currencies and a firm[…]
Market Outlook The Rupee opened at 65.8700 down by 18 paisa but couldn’t sustain there and recover in early trade and hovering between 65.7500 and 65.6300 in today’s trading hour against the dollar amid persistent capital outflows and a fresh ripple of geopolitical tension. Dollar gained from a three-week low after trade war concerns waned[…]
Market Outlook The Rupee opened at 65.4725 up by 8 paisa but break the previous low and made new low at 65.7574 and hovering between 65.7100 and 65.7575 in today’s trading hour against the dollar on widening trade deficit concerns and high geopolitical worries. Rupee closed at 65.6925 down by 15 paisa. Against a currency basket, the[…]
Market Outlook The Rupee opened at 65.4000 down by 11 paisa, made a fresh five month low at 65.5800 today and Rupee hovering in the range of 15 paisa between 65.5800 to 65.4350 during trading hours due to dollar on increased buying of the greenback by exporters. The USD index, which measures the US currency’s[…]
Market Outlook The Rupee opened at 65.3500 up by 2 paisa but continuously week today made a 7th week low in early trade. But couldn’t sustain that level and sharp recovery over there and closed above it’s today’s high at 65.3400 against dollar on account of selling banks and traders. The falling in rupee is[…]
Market Outlook The Rupee opened at 65.0425 up by 5 paisa and continuously week today it made low of 65.3800 and hovering near its imoprtant resistance. If Rupee breaks 65.4550 levels and sustains over there, may seen some more weakness in it. The RBI on Wednesday fixed the rupee reference rate at 80.5884 for the[…]
Market Outlook The Rupee opened up by 5 paisa, made a high of 64.9625 in early trade and hovering in the range of 10 paisa between 65.1350 to 64.9625 during trading hours against the dollar selling by banks and exporters, amid firm domestic equities.The currency of Iran plumbed another record low against the USD today[…]
Market Outlook The Rupee opened up by 9 paisa, made a low of 64.9475 in early trade and hovering in the range of 10 paisa between 65.0650 to 65.1725 during trading hours against the dollar selling by banks and exporters, amid firm domestic equities. On hopes the USD edged higher today, extending a two-week winning[…]