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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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U.S. Dollar Mixed Ahead Of Economic Reports

March 4th, 2010

The U.S. dollar showed mixed trading against other majors during Thursday’s European deals. While the dollar recouped from a new multi-month low against the yen, the dollar pared its Asian session’s gains versus the franc, the euro and the pound.

The U.S. weekly jobless claims report…


Pound Climbs Against Majors; BoE Interest Rate Decision Eyed

March 4th, 2010

The pound rose versus its major counterparts during early European deals on Thursday as traders await the Bank of England’s interest rate decision.

The pound thus recovered from a 2-day low against the yen and bounced back from an Asian session’s loss against the dollar.…


Pound Jumps To 2-day High Against US Dollar

March 3rd, 2010

UK’s sterling rallied on Wednesday morning in Asia on the back of some encouraging economic reports from the region. The pound rose to a 2-day high against the dollar.

The pound thus recouped some of its previous sessions’ losses. Political jitters pulled the…


Aussie Pares Recent Gains Against Most Majors

March 3rd, 2010

Wednesday, the Aussie pared the gains it made in early Asian deals against the currencies of US, Japan and Canada despite a rally in Asian stocks and an upbeat Australian GDP report. The Aussie thus eased from an 8-day high…


US Dollar Edges Up Against Majors

March 2nd, 2010

The US dollar firmed up against its major rivals on Tuesday morning in Asia. The greenback thus recouped some of its previous session’s loss against most majors.

Buoyed by a positive close on Wall Street overnight and some encouraging economic reports, Asian…


Dollar Eases From New Multi-month High Against Pound

March 1st, 2010

In early European deals on Monday, the U.S. dollar pared its Asian session gains against the European majors as an advance in European stocks prompted investors to move away from safe-haven currencies. The dollar thus eased from a new multi-month high against…



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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.