FOREX-Euro drops to two-week low against the dollar


The euro was down by 0.2% at $1.108875, the lowest it has been since Aug. 2. Measured against a basket of six major currencies, the dollar was higher in the early London trading at 98.210. It has ...

EUR/USD Forex Technical Analysis – Close Over 1.1110 Forms Closing Price Reversal Bottom


The Euro is trading lower late Friday, but profit-taking has allowed the single-currency to claw back more than half of its earlier losses. Firmer U.S. Treasury yields and increased demand for ...

FOREX-Yen rallies again as market selloff extends on recession fears


But the safe-haven Japanese yen has strengthened as investors looked for safety. After initially falling in early trading on Thursday, the currency was back in demand as European stock markets fell ...

FOREX-Dollar rises on bullish data, euro's fall


12," said Manimbo. The biggest move against the dollar was in Norway's crown, which dropped to more than a 17-year low of 9.0375 against the greenback in early Friday trading. The crown extended its ...

CBK's warning over online forex traders


EGM Securities and Standard Investment Bank are the only licensed online forex dealers. EGM Securities launched the country's first locally regulated foreign exchange electronic trading platform in ...

How to Invest in Forex


While the concept of forex trading seems fairly simple, actually being successful requires more knowledge and practice than an investor might expect. Make sure you carefully evaluate your own ...

What you need to know about Forex trading


The foreign exchange market is largely made up of institutional investors, corporates, governments, banks, as well as currency speculators. Unlike the stock market and future markets that are housed ...

What Role Does Luck Play in Forex Trading?


The saying 'The harder I practice, the luckier I get' is usually attributed to golfing legend Gary Player, although this is open to dispute. What can't be disputed, however, is the sense which the ...

Types of Charts in Forex Trading


(MENAFN - Daily Forex) While there are a multitude ofdifferent chartsavailable totrade currencies , I will be focusing on the three main ones that you see time and time again. They will be the ...

ASIC Commissioner: Retail FX Trading On The Rise in Australia


Interest in over-the-counter (OTC) foreign exchange (forex) trading is growing among retail investors in Australia. That's according to a speech on Wednesday by Cathie Armour, Commissioner of the ...

Forex Trading:the most beneficial trading


Over the last years, forex trading has gained appreciable popularity because of the advance in the on-line trading and as a result of its high liquidity, 24/7 schedule, and easy accessibility.

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