Forex (foreign exchange) refers to the foreign currency exchange market, the worlds largest financial trading market. Pass yourself as a forex expert with these buzz words:
Bid to buy
Ask to sell
Liquidity financial ease of transaction, i.e. cash
Trading volume the amount traded
Bid/ask spread the difference between the proposed buying price and the [...]
Make no mistake, the currency crisis is coming.
Rather than sitting back and letting it happen, protect yourself and profit from an economic upset that could basically render your dollars about as worthless as the paper they’re printed on.
We saw a preview of this kind of debacle quite recently. In early 2006 a currency plunge triggered [...]
Money. We all need it. We all want it. Trillions and trillions of dollars, pesos, euros, pounds, levs, francs, and more change hands every day for goods and services around the world. Most of us are only familiar with the money that is exchanged for goods and services in our own country and are only [...]
Global currencies dont ride the trends in isolation. The apparent technical movement between two currencies in a pair may cause an effect in the behaviour of each separate currency. A third currency will also have some bearing on the rise or fall of a seemingly unrelated pair, in the view of an intermediate or beginning [...]