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 flat at 71.1000 and throughout the day hovered in the range of 71.3250 and 71.1000 against the US dollar amid strengthening American currency and rising crude prices.Moreover, fresh foreign fund inflows and positive opening in domestic equities capped the losses for the domestic unit.On the other hand, dollar[…]
Market Outlook The Indian Rupee apreciated by 3 paise to open at 71.2875 and throughout the day hovered in the range of 71.4775 and 71.0400 against the US dollar on account of positive opening in domestic equities and weakening green-back in overseas markets. Moreover, easing crude oil prices and selling of the American currency by[…]
Market Outlook The rupee opened flat at 71.1225 and throughout the day hovered in the range of 71.3700 and 71.0050 against the US dollar amid gains in domestic equities and weakening of the green-back in overseas markets. Moreover, fresh foreign fund-flows and easing crude oil prices bolstered the rupee up move. On flip side dollar[…]
Market Outlook The Indian rupee appreciated by 11 paise to open at 70.8900 but capped the gains and traded above 71 per dollar mark against the US dollar amid strengthening green-back, sustained foreign fund outflows and surging crude oil prices.On the other hand, dollar dipped against major Asian peers amid expectations the Federal Reserve will[…]
Market Outlook Against the US dollar, the Indian rupee strengthen by 7 paise to open at 70.5225 but soon it capped the gains and traded in weak note amid strengthening of the American currency and weak opening in domestic equities. On the other hand easing crude prices supported the domestic unit. On macro front, the[…]
Market Outlook The Indian Rupee open marginally lower at 70.5900 but capped losses against the US dollar, driven by gains in domestic equities and weakening of the greenback in overseas markets. Moreover, selling of the American currency by exporters and easing cruded prices bolstered the rupee sentiments. The dollar slide against major Asian peers[…]
Market Outlook The Indian rupee extended its fall for the third consecutive trading session and throughout the day traded in the range of 70.7800 and 70.4350 against the US dollar amid weakness in the American currency on uncertainty over Federal Reserve rate hikes following the release of Fed meet minutes. Moreover, falling crude oil prices[…]
Market Outlook Against the US dollar, the Indian rupee opened 30 paise higher at 70.0500 but soon it capped all the gains due to rising oil prices, which led to greater demand for the US dollar, put pressure on the Indian rupee.On macro front, India’s GDP is expected to grow at 7.3% in the fiscal[…]
Market Outlook The Indian Rupee weaken by 9 paise to open at 69.9100 , and further extending loses it was traded in the range of 70.3900 and 69.9100 against the dollar on rising crude prices and some demand for the American currency from importers.The rupee weakened even after the Central Statistics Office (CSO) released positive[…]
Market Outlook The Indian Rupee aprciated by 18 paise to open at 69.6850 and throughout the day hovered in the range of 70.0850 and 69.3800 against the US dollar, driven by strong gains in domestic equities and weakening of the greenback in overseas markets.On the flip side, extending loss for third consecutive days, dollar slip[…]
Market Outlook Against the US dollar, the Indian rupee opened flat at 70.3650 and throughout the day hovered in the range of 70.3650 and 69.8150 on robust foreign fund outflows amid rising trade deficit worries. Moreover, a weakening American currency and positive opening of the domestic equity market bolstered the sentiment of Indian rupee. On[…]
Market Outlook Extending its fall for the second straight trading session, the Indian rupee opened at 70.3950 and throughout the day hovered in the range of 70.6975 and 70.2025 against the US dollar on account of strong greenback against its major Asian peers and marginal recovery in global equity markets. Additionally, the gain in global[…]