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Forex. The mainstream business, the biggest market on earth today. It has a daily turnover of more than 2.5 trillion US$ (more than 100 times greater than NASDAQ), and it's still growing.

The forex trading, also referred to as the forex trading market, is the largest financial market in the world, with a daily average turnover of approximately US$1.3 trillion. Forex is the simultaneous buying of one currency and selling of another. The world's currencies are on a floating exchange rate and are always traded in pairs, for example EURO/USD or USD/CHF.

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Dollar Gains As BoJ Eases, Europe Woes Linger

February 15th, 2012

The dollar rallied versus other currencies on Tuesday, supported by its safe haven appeal after a major ratings agency warned that France and the U.K. may lose their pristine credit ratings.

Moody’s downgraded Italy, Spain, Malta, Portugal, Slovakia and Slovenia,…


Dollar Extends Recent Losses As Bernanke Defends Low-Rate View

February 8th, 2012

The dollar tumbled versus the euro on Tuesday, after Federal Reserve Chairman Ben Bernanke assured that the central bank intends to keep interest rates near zero despite January’s strong jobs report.

Instead of taking a victory lap for his role…


Dollar Wobbles Despite Boffo U.S. Jobs Report

February 6th, 2012

The dollar wavered versus the euro on Friday, as traders were uncertain about how to treat a surprisingly strong U.S. jobs report.

The risky euro was bid up amid hopes for a global recovery, but the dollar quickly rallied on…


Dollar In Doldrums As Most Of Europe Accepts Reforms

February 1st, 2012

The dollar continued to struggle versus the euro Tuesday morning in New York, as Greek officials assured that a deal between the nation and its private creditors is imminent.

Meanwhile, members of the European Union, except the United Kingdom and…


Dollar Edges Slightly Higher Versus Euro

January 31st, 2012

The dollar steadied Monday morning in New York, supported by lingering concerns that Greece lacks the will to work out a deal to restructure is massive sovereign debt.

European Union leaders are meeting today in Brussels to discuss a fiscal…


Dollar Trims Early Losses As Euro Woes Linger

January 18th, 2012

The dollar steadied on Tuesday after losses in the previous sessions, as traders remained uncertain about the outlook for the global economy.

While Chinese GDP figures signaled a soft landing for the world’s fastest growing economy, warnings about the European…


Euro Tumbles Below $1.27 On Talk Of Imminent Downgrades

January 16th, 2012

The euro was under renewed pressure on Friday, amid reports suggesting that ratings agency S&P will downgrade a number of euro zone nations, including France and Germany.

Multiple sources say that the ratings agency will make the move later today,…



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Risk Disclosure: Forex Trading on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with forex trading market, and seek advice from an independent financial advisor if you have any doubts with forex trading.