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 opened on flat note at 69.1000 and throughout the day hovered in the range of 69.1800 and 68.8475 against the US dollar on bouts of selling pressure of dollar by exporters and banks amid strong domestic bourses. Moreover, due to rising crude oil and higher inflation, the rupee is in[…]
Market Outlook Against dollar, the Indian Rupee depreciated by 6 paise to open at 68.7400 and swing around in the range of 69.1300 and 68.7225 following uptick in global crude oil prices and the greenback strengthen against it crosses. Moreover, fresh demand for the dollar by banks and exporters and dollar’s firmness against basket of[…]
Market Outlook The Indian Rupee opened marginally higher at 68.4850 and hovered in the range of 68.7025 and 68.4425 against the US dollar on increasing selling pressure of dollar by banks and exporters. Moreover, sustained selling pressure of greenback and strong domestic bourses bolstered the rupee sentiments. On the flip side, the dollar firmed up[…]
Market Outlook The Indian Rupee appreciated by 15 paise to open at 68.5400 and hovered in the range of 68.5450 and 68.3500 against the US dollar on account of fall in global crude oil prices and fresh selling pressure of dollar by banks and exporters. On the flip side, dollar edged down ahead of US[…]
Market Outlook The Indian Rupee fell by 5 paise to open at 68.6025 and swing around in the range of 68.8075 and 68.5650 against the US dollar on account of increasing demand from importers and strengthening of dollar against basket of currencies. Moreover, the Rupee sentiment was also hitted as due to costlier crude oil[…]
Market Outlook Rising for the third straight day, The Indian Rupee appreciated by 17 paise to open at 68.5525 and swing around in the range of 68.6450 and 68.4150 against the US dollar bolstered by easing food prices and continued selling pressure of greenback by exporters and banks. On the flip side, dollar trading near[…]
Market Outlook The Indian rupee firmed up by 11 paise to open at 68.8200 and swing around in the range of 68.8200 and 68.5900 against the US dollar on robust capital inflows and fresh selling of the greenback by exporters and banks. On contrary, dollar at its nine days high against basket of currencies on[…]
Market Outlook The Indian Rupee opened 7 paise lower at 68.9150 and hovered in the range of 69.0400 and 68.8800 against the US dollar on account of sustained capital outflow and crude oil prices regaining $79/barrel mark on supply concerns. On the flip side, against basket of currency, the dollar edged higher but gains were[…]
Market Outlook The Indian Rupee opened flat at 68.8625 and swing around in the range of 69.0075 and 68.8500 against the US dollar on account of fresh dollar buying by importers amid Moreover, against the basket of currency, the dollar strengthen which weighed on the Rupee but strong domestic bourses capped the losses. On the[…]
Market Outlook The Indian Rupee appreciated by 21 paise to open at 68.8450 and swing around in the range of 68.8675 and 68.6175 against the US dollar on account of heavy selling of the greenback by banks as well as exporters. Moreover, strong domestic bourses and the dollar weakness against basket of currencies bolstered the[…]
Market Outlook The Indian Rupee strengthens by 9 paise to open at 69.0025 and swinging in the range of 69.1925 and 68.9625 throughout the session against the US dollar. However, strengthening of the American currency overseas restricted the rupee’s gains. Contrarily, against basket of currencies, dollar was modestly lower as the salvos of a trade[…]
Market Outlook The Indian Rupee weaken by 4 paise to open at 68.9050 and hovered in the range of 69.1825 and 68.8550 against the US dollar on account of rise in global oil prices, increasing demand for the dollar from banks as well as importers amid persistent foreign fund outflows and lower domestic bourses. On[…]