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 8 paise higher at 71.10 per dollar on October 11 and rose to a one-week high at 70.91 as the greenback weakened against its global peers. Also undermining the dollar, data showed on Thursday US consumer prices were unchanged in September and underlying inflation retreated, supporting expectations the Federal[…]
Market Outlook The Indian rupee closed with partial gain against the US dollar on Thursday tracking subdued domestic equities and other Asian currencies, after positive opening of the session. The U.S. dollar slipped as traders digested the latest Sino-U.S. trade news. A speech by U.S. Federal Reserve Chairman Jerome Powell also received some focus overnight.[…]
Market Outlook The Indian rupee weakened against the US dollar on Wednesday in early session, tracking subdued domestic equities and other Asian currencies. It recovered from the low and trading flat at 71.01 per dollar. Most Asian currencies declined after tension between US and China escalated ahead of Chinese vice Premier Liu. He is leading[…]
Market Outlook The rupee opened on a weak note and declined by 8 paise to 71.1550 against the US dollar in opening trade on Monday, as sustained foreign fund outflows weighed on investor community. Moreover, rising demand for the US dollar vis-a-vis other currencies overseas also weighed on the domestic currency. However, easing crude oil[…]
Market Outlook The Indian rupee opened at 71.0900 and throughout the day traded in the range of 71.3475 and 70.9200 against the US dollar, after the Reserve Bank of India cut its repo rate by 0.25 per cent on Friday. The Reserve Bank on Friday cut its benchmark lending rate by 0.25 per cent to[…]
Market Outlook The Indian rupee opened on a cautious note at 71.3175 and fell 23 paise to 71.5275 against the US dollar in early trade on Thursday amid rising crude oil prices and unabated foreign fund outflows. The U.S. dollar edged higher on Thursday, but struggled to make headway amid persistent concerns over fresh indications[…]
Market Outlook On Tuesday, the rupee dropped 20 paise to close at 71.2725 against the US dollar as heavy selling in domestic equities and unabated foreign fund outflows kept investors edgy. The currency opened on a strong note at 70.9800, but during the day it lost ground and fell to a low of 71.3650. It[…]
Market Outlook Against the US dollar, the Indian rupee opened flat to positive at 70.7625, tracking a weak opening in domestic equities and foreign fund outflows. Moreover, increasing demand for the US dollar vis-a-vis other currencies overseas and rising crude oil prices weighed on the domestic unit. Contrary, the dollar held near recent highs on[…]
Market Outlook The Indian rupee opened flat at 71.1250 against the US dollar as investor sentiment got a lift after US President Donald Trump said a trade deal with China could happen sooner than expected. Robust buying in domestic equities, fresh foreign fund inflows and easing crude oil prices also lent support to the domestic[…]
Market Outlook Against the US dollar, the Indian rupee opened at 71.0400 as indications of a earlier than expected US-China trade deal strengthened investor sentiments. Investor confidence improved after US President Donald Trump said that trade deal with China could happen sooner than expected. Moreover, weakening of the American currency vis-a-vis other currencies overseas also[…]
Market Outlook The Indian rupee opened on a cautious note at 71.0875 against the United States (US) dollar amid rising demand for the US dollar vis-a-vis other currencies overseas. Moreover, weak opening in domestic equities and unabated foreign fund outflows also weighed on the domestic currency. On the flip side, the U.S. dollar steadied on[…]
Market Outlook The rupee appreciated by 11 paise to 70.8625 and traded in the range of 71.0775-70.7625 against the United States (US) dollar in early trade on Tuesday as foreign fund inflows and easing crude oil prices enthused investors. The U.S. dollar remained broadly supported after U.S. Treasury Secretary Steven Mnuchin confirmed U.S.-China trade talks[…]