forex rates

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Forex Review – Dollar climbs higher versus yen; euro extends fall on Spain debt

Posted on March 2, 2012 8:55 pm GMT

The euro is down almost 2 percent against the dollar this week, its worst performance since the middle of December. After reaching a two-and-a-half-month high earlier in the week following a cash injection by the European Central Bank, through a […]

Forex News: Sterling drops to a 2 and a half month low

Posted on June 23, 2011 1:37 am GMT

The British currency dropped to a 2 and a half month low in today’s Asian session, falling to a low of 1.6025as the Bank of England hinted towards a chance of further stimulus, where as the US Federal Reserve has […]

Forex Europe News – Euro gains boost as Greece is potentially set for a 2nd bailout plan

Posted on June 17, 2011 1:11 pm GMT

The European session saw the Euro rally over 140 pips, from a session open of 1.4139 to peak at 1.4288. The single currency moved in a one way motion throughout the session as it made a failure swing and formed […]

Forex Companies

Posted on May 21, 2011 10:37 pm GMT

As of 2000 onwards more and more forex companies have made their appearance on the internet following in the trend and the movement of the forex trading market towards the retail sector. It is only reasonable that the increasing number […]

Spread

Posted on May 21, 2011 10:12 pm GMT

Before you understand what a spread is you should first of all understand that in the foreign exchange market prices are represented as currency pairs or exchange rate quotation where the relative value of one currency unit is denominated in […]

Currency Trading

Posted on May 21, 2011 10:06 pm GMT

Before starting forex currency trading the most important thing for any trader to take in mind is learning how to read currency pairs and extract the information needed with once glance. This is needed in order to be consistent, efficient, […]

Currencies

Posted on May 21, 2011 10:01 pm GMT

Symbol
Country
Currency
Nickname

USD
United States
Dollar
Buck

EUR
Euro members
Euro
Fiber

JPY
Japan
Yen
Yen

GBP
Great Britain
Pound
Cable

CHF
Switzerland
Franc
Swissy

CAD
Canada
Dollar
Loonie

AUD
Australia
Dollar
Aussie

NZD
New Zealand
Dollar
Kiwi

USD
Forex currency pair symbols are always three letters, where the first two letters serve the purpose of identifying the name of the country and the third letter identifies the name of that country’s currency. Despite the […]

Forex Trading News – UK retail Sales boost Sterling’s gains

Posted on May 19, 2011 1:01 pm GMT

The Euro this session has been trading around its 55-day average of around 1.4260, a point at which it appears to have struggled to break past and which has seen the Euro make a double bottom around the 1.4205 levels […]

Forex Trading – Dovish Bank of England minutes force Sterling to 6 week low

Posted on May 18, 2011 1:02 pm GMT

Today’s European session see’s the Euro experience some very choppy trading. The EURUSD pair opened up the session at 1.4264 and moved in a downward trend, dropping some 25+ pips as it moved with an oscillatory range of over 20 […]

Forex Trading News – Restructuring of Greek debt comments see EURUSD drop

Posted on May 17, 2011 1:02 pm GMT

The Euro has traded with some volatility throughout the European session, ranging almost by 90 pips, from an early session low of 1.4134 to a high of 1.4223. A lower than expected ZEW survey index, both in Europe and Germany […]