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 deprecated by 23 paise to open at 72.4075 and throughout the day hovered in the range of 72.7625 and 72.3200 against US dollar due to strengthening of greenback against major Asian peers. China had called off planned trade talks with the US in the wake of a new round of[…]
Market Outlook Continuing its uptrend, the Indian Rupee appreciated by 51 paise to open at 71.9475 and throughout the day traded in the range of 72.4950 and 71.7625 against the US dollar on account of increased selling of dolalr by exporters and banks. Moreover, against major Asian peers dollar slid on easing trade war concerns[…]
Market Outlook The Indian Rupee appreciated by 15 paise to open at 72.7800 and throughout the day swing in the range of 72.9900 and 72.3875 against the US dollar on account of fresh selling of the US currency by exporters and banks. Moreover, Easing crude oil prices and dollar weakness against major Asian peers bolstered[…]
Market Outlook The Indian rupee wiped off its early losses, opened flat at 72.5275 and throughout the day swing in the range of 73.0375 and 72.4225 against the US dollar. Besides selling pressure by exporters and banks for dollar, fall in crude prices and the dollar’s weakness against other currencies overseas helped the domestic currency[…]
Market Outlook The Indian rupee strengthened by 39 paise to open at 71.8975 and throughout the day swing in the range of 72.0775 and 71.6025 against the US dollar as the government had on Wednesday assured that all steps would be taken to ensure that the domestic currency does not depreciate to unreasonable levels. Moreover,[…]
Market Outlook After crashing lifetime low in early trade of 73.0250, the Indian rupee rebounded by 74 paise to 72.2825 against the US dollar on suspected intervention by the central bank. Moreover, the rupee sentiments was also supported as domestic equities rebounded on DII buying ahead of IIP and retail inflation data to be released[…]
Market Outlook Extending losses for second day, the Indian Rupee slumped to a new record low of 72.8800 and hovered in the range of 72.8800 and 72.3875 against the US dollar as emerging market currencies remained under pressure with a broad index down near 16-month lows.Moreover, the Rupee sentiment was also hit on heavy capital[…]
Market Outlook The Indian rupee continued to bleed and plunged to a record low of 72.8275 against the US dollar on account of rising crude oil prices, strengthening of dollar against other currencies overseas on upbeat jobs data and widening of current account deficit. Against major Asian peers, the US dollar inched lower as trade[…]
Market Outlook Against the US dollar, the Indian Rupee appreciated by 13 paise to open at 72.0025 and throughout the day swing in the range of 72.1950 and 71.8050. Moreover, the dollar’s weakness against major Asian peers and strong domestic bourses supported the Rupee. On contrary, Dollar was traded lower against major currencies, as market[…]
Market Outlook Against the US dollar, the Indian Rupee crashed below the 72-mark tto hit all time low of 72.2875, extending losses as a rout in emerging markets kept investors on edge. Rupee registered its worst returns in 3 years as crude oil prices rallied on speculation that sanctions in Iran will shrink global supplies.[…]
Market Outlook In early trade, after pairing initial gains, the Indian Rupee dropped to fresh all-time low of 72.1600 against the US dollar on sudden bouts of dollar buying by banks and importers. Elevated oil prices and the trade tensions between the US and China contributed to the outflows. On contrary, dollar strengthened against a[…]
Market Outlook Due to strong demand for the US currency, the Rupee tumbles to fresh record low of 71.7725 and throughout the day swing in the range of 71.7725 -71.2825 against the US dollar. It is continue to depriciate against its American counterpart taking cues from emerging market currencies as trade war concerns and Turkey[…]