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 fell sharply by 26 paise to 64.53 at the interbank forex market in early trade today as the greenback strengthened overseas. The dollar rose to a two-month high against the yen and extended its gains against the euro on Thursday after a hawkish-sounding Federal Reserve heightened expectations for an interest rate[…]
Market Outlook The rupee on Wednesday opened 8 paise up at 64.25 against dollar on account of selling of American currency by banks and exporters. The Australian dollar has risen more than 8 per cent since the start of June, hitting 80 US cents in late July and holding that level.While gains earlier this year[…]
Market Outlook The rupee on Tuesday opened 3 paise down at 64.16 against dollar on account of buying of American currency by banks and importers. The dollar hovered near an eight-week high against the yen on Tuesday, supported as US Treasury yields continued their sharp rebound from 10-month lows. The dollar stood little changed at[…]
Market Outlook The rupee is expected to remain range bound and average at 64.3 against the US dollar in the current financial year and is likely to be lower at 65.4 in 2018-19, says a UBS report. The dollar held firm near a seven-week high versus the yen on Monday, supported by recent rises in[…]
Market Outlook After a brief overnight pause, the rupee was again caught in a downward spiral and slipped by 12 paise to 64.12 against the US dollar today on fresh demand for the American currency from banks and importers amid persistent foreign capital outflows. The dollar consolidated gains on Thursday, a day after posting its[…]
Market Outlook The rupee on Thursday opened 16 paise down at 64.16 against dollar on account of buying of American currency by banks and importers. The dollar consolidated gains on Thursday, a day after posting its biggest single-day rise in six weeks as markets looked forward to US inflation data that will determine the near[…]
Market Outlook The rupee on Wednesday opened 5 paise up at 63.99 against dollar on account of selling of American currency by banks and exporters. The dollar was buoyant against the yen on Wednesday, although it was capped against the euro with a potentially supportive spike in US yields neutralised by a similar move by[…]
Market Outlook The Rupee on Tuesday opened 5 paise down at 63.98 against dollar on account of selling of American currency by banks and exporters. The central bank’s US dollar purchases in the forward market hit a three-year high of $9.4 billion last month as the regulator sought to cushion the impact of a surge[…]
Market Outlook The Rupee on Monday weakened marginally against the US dollar tracking losses in the Asian currencies markets. Asian currencies were trading lower after the US dollar rebounded from a 2015 low amid easing concern over Hurricane Irma and as the United Nations prepared to vote on tougher North Korean sanctions. The dollar edged[…]
Market Outlook The rupee on Friday opened 21 paise up at 63.84 against dollar on account of selling of American currency by banks and exporters. The euro reached a 2.5 year high versus the dollar on Friday, as a policy meeting by the European Central Bank gave bulls cause for short-term optimism and did little[…]
Market Outlook The rupee appreciated by 7 paise to 64.03 against the US currency today on dollar selling by banks and exporters and foreign fund inflows. The euro held firm on Thursday ahead of a European Central Bank policy meeting, while the Canadian dollar hovered at two-year highs after the Bank of Canada surprised many[…]
Market Outlook The rupee on Wednesday extended losses for the fourth straight session and opened 6 paise down at 64.18 against dollar on account of selling of American currency by banks and exporters. The local currency on Tuesday ended lower by 7 paise at 64.12 against the US currency. The dollar slipped against the yen[…]