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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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Swiss Franc Spikes Up Further Against Majors

August 20th, 2010

During New York morning trading on Thursday, the Swiss franc spiked up against major currencies. The franc climbed to new multi-month highs against the US dollar, fresh multi-week highs against the euro, pound and the yen.

Extending previous session uptrend,…


US Dollar Recovers From Early Losses Against Major Rivals

August 20th, 2010

The US dollar recovered from early losses against major opponents in New York mid-day trading on Wednesday.

In the U.S., the first time claims for unemployment benefits showed another unexpected increase in the week ended August 14th, according to a…


Dollar Stays Near 15-year Low Versus Yen

August 19th, 2010

The dollar barely budged versus other major currencies on Wednesday in the absence of first-tier economic data from the United States.

While industry data hinted at continued weakness in the housing market, traders took to the sidelines wanting more…


Australian And New Zealand Dollars Decline Against Most Majors

August 18th, 2010

Wednesday in Asia, the Australian and the New Zealand dollars edged down against most major currencies as some Asian stocks pared their early gains.

Hong Kong’s Hang Seng is currently down by 0.2%, China’s Shangai composite index is falling by…


Canadian Dollar Climbs To Multi-day Highs Against Greenback And Yen

August 18th, 2010

The Canadian dollar rallied against its major counterparts on Tuesday morning in New York as crude oil, the nation’s largest export rose above $76 per barrel.

A surge in stocks driven by a rejected takeover offer for Potash Corp. from…


Australian And New Zealand Dollars Recover Against Most Majors

August 17th, 2010

The Australian and the New Zealand dollars, which weakened against most major currencies in early Asian deals on Tuesday recouped their losses shortly.

The aussie thus rose to a 4-day high against the greenback and the euro. But the…


Euro Mixed Against Majors

August 16th, 2010

During early European deals on Monday, the euro showed mixed trading against its major counterparts. While the euro plunged to a new multi-week low against the franc, it rose against the pound. Meanwhile, the euro recovered from an early Asian…



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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.