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The Forex Market Explained! By John Kaka, Thu Dec 8th The word Forex is an abbreviation for The Foreign ExchangeMarket. This is the market in which all is bough and sold ismoney itself, which means that with certain currencies you canbuy other kinds Read more...
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Indian Real Estate Rush Lures Foreign Investors By property vertical ONG KONG India will have at least 50 property-related initial public offerings in the next year as the real estate industry booms, according to Anish Jhaveri, the head of equity sales at HSBC Read more...
Forex Is The Number One Exchange In The World By Ben Needles The Foreign Exchange market (Forex) is truly the largest exchange in the world. The amount of dollars traded on the Forex market on a daily basis is in the trillions. Most of this currency trading Read more...
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The Seven Most Traded Currencies In Forex. By Adrian Pablo, Thu Dec 8th
Currencies are traded in dollar amounts called "lots". One lotis equal to $1,000, which controls $100,000 in currency. This iswhat is known as the "margin". You can control $100,000 worth ofcurrency for only 1,000 dollars. This is what is called "HighLeverage". Currencies are always traded in pairs in the FOREX. The pairshave a unique notation that expresses what currencies are beingtraded. The symbol for a pair will always be in theform ABC/DEF. ABC/DEF is not a real pair, it is anexample of a symbol for a pair. In this example ABC isthe symbol for one countries and DEF is the symbol foranother countries currency. Here are some of the common symbols used in the Forex:
USD - The US Dollar EUR - The of the European Union"EURO" GBP - The British Pound JPN - The Japanese Yen CHF - TheSwiss Franc AUD - The Australian Dollar CAD - The CanadianDollar There are symbols for other currencies as well, but these arethe most commonly traded ones. A can never be traded by itself. So you can not evertrade a EUR by itself. You always need to compare one currencywith another to make a trade possible. Some of the common PAIRS are: EUR/USD Euro / US Dollar "Euro" USD/JPY US Dollar / Japanese Yen "Dollar Yen" GBP/USD British Pound / US Dollar "Cable" USD/CAD US Dollar /Canadian Dollar "Dollar Canada" AUD/USD Australian Dollar/USDollar "Aussie Dollar" USD/CHF US Dollar / Swiss Franc "Swissy"EUR/JPY Euro / Japanese Yen "Euro Yen" The listed pairs above look like a fraction. Thenumerator (top of the fraction or "left" of the / however youwant to SEE it) is called the base
Gold Prices Dropped while Silver was Unchanged ? USD Up vs JPY but Down vs EUR <b>...</b>
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<a href="http://www.bestsyndication.com/?q=20120206_futures_forex_signals_gold_euro_dollar_yen.htm" style="font-size:1.2em">Gold Prices Dropped while Silver was Unchanged ? USD Up vs JPY but Down vs EUR <b>...</b></a>
<br> <span style="color:#888888;">Best Syndication</span> - <span style="white-space:nowrap">45 minutes ago </span>
<div style="width:80%;">(Best Syndication News) Brent crude oil advanced today as tensions between Iran and the United States continued to fester (see forex and commodities charts below).</div>
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USD/CAD: Canadian Dollar Down on Greek Concerns, Weaker Oil Prices
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<a href="http://www.forexpros.com/analysis/usd-cad:-canadian-dollar-down-on-greek-concerns,-weaker-oil-prices-113296" style="font-size:1.2em">USD/CAD: Canadian Dollar Down on Greek Concerns, Weaker Oil Prices</a>
<br> <span style="color:#888888;">Forex Pros</span> - <span style="white-space:nowrap">1 hour ago </span>
<div style="width:80%;">By GCI Financial | Forex | Feb 07, 2012 10:20AM GMT The Canadian dollar was pressurized as Greek leaders struggled with austerity measures to get a bailout, reducing demand for riskier assets.</div>
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Lack of Greek Deal Sends EUR Tumbling
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<a href="http://www.forexyard.com/en/market-analysis/lack_of_greek_deal_sends_eur_tumbling-2012-02-07" style="font-size:1.2em">Lack of Greek Deal Sends EUR Tumbling</a>
<br> <span style="color:#888888;">Forexyard</span> - <span style="white-space:nowrap">3 hours ago </span>
<div style="width:80%;">The euro was largely bearish yesterday, after Greece once again failed to come to an agreement with its creditors to restructure its debt.</div>
<a href="http://www.forexpros.com/news/forex-news/forex---euro-finds-support-on-greece-deal-hopes-230012">Forex - Euro finds support on Greece deal hopes</a> - <span style="color:#888888">Forex Pros</span><br>
<a href="http://www.bestsyndication.com/?q=20120205_forex_signals_usd_jpy_eur.htm">Forex Trading and Currency Exchange Rates ? USD/JPY rises as EUR/USD drops</a> - <span style="color:#888888">Best Syndication</span><br>
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Canadian Dollar (CAD) Technical Major Currencies (2012-02-07)
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<a href="http://www.ibtimes.com/articles/294134/20120207/canadian-dollar-cad-technical-major-currencies-2012-02-07.htm" style="font-size:1.2em">Canadian Dollar (CAD) Technical Major Currencies (2012-02-07)</a>
<br> <span style="color:#888888;">International Business Times</span> - <span style="white-space:nowrap">4 hours ago </span>
<div style="width:80%;">The pair has been fluctuating with narrow ranges recently, within the descending short term channel shown on image, while MACD indicator continues to provide a bullish divergence over the four-hour timeframe, and momentum indicators are within oversold ...</div>
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British Pound Sterling: Currency continues advance against EUR, safe haven <b>...</b>
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<a href="http://www.euro-exchangerate.com/british-pound-eur-safe-haven-06021355.html" style="font-size:1.2em">British Pound Sterling: Currency continues advance against EUR, safe haven <b>...</b></a>
<br> <span style="color:#888888;">Euro Exchange Rate News</span> - <span style="white-space:nowrap">21 hours ago </span>
<div style="width:80%;">The Pound continued its advance against the Euro this morning, but the UK currency declined for a second day versus the US Dollar, as market speculation escalates over the prospect of further quantitative easing from the Bank of England this week.</div>
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Canadian dollar exchange rate (CAD) falls back vs USD as risk aversion takes <b>...</b>
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<a href="http://www.euro-exchangerate.com/canadian-dollar-cad-06021354.html" style="font-size:1.2em">Canadian dollar exchange rate (CAD) falls back vs USD as risk aversion takes <b>...</b></a>
<br> <span style="color:#888888;">Euro Exchange Rate News</span> - <span style="white-space:nowrap">21 hours ago </span>
<div style="width:80%;">The US dollar to Canadian dollar exchange rate (USD/CAD) is 0.54% higher at 0.9987. The euro Canadian dollar exchange rate (EUR/CAD) is 0.39% lower at 1.3018, the pound Canadian dollar exchange rate (GBP/CAD) is 0.22% higher at 1.5746.</div>
<a href="http://www.dailyforex.com/forex-articles/2012/02/USDCAD-Daily-Outlook-Feb-7-2012/10802">USD/CAD Daily Outlook Feb. 7, 2012</a> - <span style="color:#888888">DailyForex.com</span><br>
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Canadian dollar exchange rates (CAD) are a big winner following strong Non <b>...</b>
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<a href="http://www.euro-exchangerate.com/canadian-dollar-exchange-rate-non-farm-03021348.html" style="font-size:1.2em">Canadian dollar exchange rates (CAD) are a big winner following strong Non <b>...</b></a>
<br> <span style="color:#888888;">Euro Exchange Rate News</span> - <span style="white-space:nowrap">Feb 3, 2012 </span>
<div style="width:80%;">Canadian dollar exchange rate: Global markets have been caught by surprise following the release of strong US Non-Farm Payroll data.</div>
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Canadian Dollar (CAD) Technical Major Currencies (2012-02-03)
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<a href="http://www.ibtimes.com/articles/292363/20120203/canadian-dollar-cad-technical-major-currencies-2012-02-03.htm" style="font-size:1.2em">Canadian Dollar (CAD) Technical Major Currencies (2012-02-03)</a>
<br> <span style="color:#888888;">International Business Times</span> - <span style="white-space:nowrap">Feb 3, 2012 </span>
<div style="width:80%;">The pair has been trading within a narrow range above the 200-days SMA; the pair is having difficulties breaching this support area around the average as see on chart, while price is clearly oversold as seen on Stochastic.</div>
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Canadian dollar exchange rate: CAD finds risk environment unconstructive <b>...</b>
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<a href="http://www.euro-exchangerate.com/canadian-dollar-exchange-rate-02021342.html" style="font-size:1.2em">Canadian dollar exchange rate: CAD finds risk environment unconstructive <b>...</b></a>
<br> <span style="color:#888888;">Euro Exchange Rate News</span> - <span style="white-space:nowrap">Feb 2, 2012 </span>
<div style="width:80%;">The CAD was not a participant in the overnight push up in risk currencies, with USD/CAD remaining well-entrenched in familiar ranges.</div>
<a href="http://www.forexpros.com/news/forex-news/forex---usd-cad-up-on-jobs-data-229907">Forex - USD/CAD up on jobs data</a> - <span style="color:#888888">Forex Pros</span><br>
<a href="http://www.actionforex.com/index.php?option=com_content&view=article&id=158866:mixed-reactions-in-the-us-dollar-to-the-non-farm-payroll&catid=191:daily-forex-technicals">Mixed Reactions in the US Dollar to the Non-Farm Payroll</a> - <span style="color:#888888">Action Forex</span><br>
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Canadian Dollar (CAD) Technical Major Currencies (2012-02-02)
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<a href="http://www.ibtimes.com/articles/291619/20120202/canadian-dollar-cad-technical-major-currencies-2012-02-02.htm" style="font-size:1.2em">Canadian Dollar (CAD) Technical Major Currencies (2012-02-02)</a>
<br> <span style="color:#888888;">International Business Times</span> - <span style="white-space:nowrap">Feb 2, 2012 </span>
<div style="width:80%;">The pivotal support around 0.9965 is still providing the pair with a good support as seen on the provided four-hour chart. The struggle around the middle line of the descending channel that dominated the movements from 1.0285 zones continues fixing RSI ...</div>
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currency. The denominator(bottom of the fraction or "right" of the/ however you want toSEE it) is called the counter currency. When you place an order to buy the EUR/USD, for instance, youare actually buying the EUR and selling the USD. If you were tosell the pair, you would be selling the EUR and buying the USD.So if you buy or sell a PAIR, you are buying/sellingthe base currency. You are always doing the opposite of what youdid with to base with the counter currency. If this seems confusing then you're in luck. You can always getby with just thinking of the entire pair as one item. Then youare just buying or selling that one item. Thinking like thiswill still enable you to place trades. You only need to be awareof the base/counter concept for Fundamental Analysis issues. So why is it important to know about the base/counter currency?The base/counter concept illustrates what is actuallytaking place in a Forex transaction. Some of you reading this,know that short-selling was restricted in the stock market*(Short-selling is where you sell astock/currency/option/commodity first and then try to buy itback at a lower price later). But in the FOREX you are alwaysbuying one (base) and selling another (counter). If yousell the pair you are simply flipping which one you buy andwhich one you sell. The transaction is essentially the same.This allows you to short-sell with no restrictions. You want to be able to short-sell with no restrictions so youcan make money when the market drops as well as when it rises.The problem with traditional stock market trading is that themarket has to go up for you to make money. With FOREX tradingyou can make money in all directions. About the author:Adrian Pablo; Forex trader and freelance writer. http://www.1-forex.com
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Gold Prices Dropped while Silver was Unchanged ? USD Up vs JPY but Down vs EUR <b>...</b>
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.bestsyndication.com/?q=20120206_futures_forex_signals_gold_euro_dollar_yen.htm" style="font-size:1.2em">Gold Prices Dropped while Silver was Unchanged ? USD Up vs JPY but Down vs EUR <b>...</b></a>
<br> <span style="color:#888888;">Best Syndication</span> - <span style="white-space:nowrap">45 minutes ago </span>
<div style="width:80%;">(Best Syndication News) Brent crude oil advanced today as tensions between Iran and the United States continued to fester (see forex and commodities charts below).</div>
</div>
Forex Flash: EUR/USD estimated downside to 1.1500 end of 2012 ? UBS
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<a href="http://community.nasdaq.com/News/2012-02/forex-flash-eurusd-estimated-downside-to-11500-end-of-2012-ubs.aspx?storyid=118984" style="font-size:1.2em">Forex Flash: EUR/USD estimated downside to 1.1500 end of 2012 ? UBS</a>
<br> <span style="color:#888888;">NASDAQ</span> - <span style="white-space:nowrap">1 hour ago </span>
<div style="width:80%;">FXstreet.com (Barcelona) - January witnessed the bloc currency surge from sub 1.2650 levels to the 1.3230 region. Better-than-expected key economic indicators in the euro zone, successful bond and T-bill auctions in Germany and peripheral debt markets ...</div>
<a href="http://www.thestreet.com/story/11403437/1/euro-reversal-to-gather-pace-ahead-of-ecb-sterling-holds-tight-range.html">Euro Reversal To Gather Pace Ahead Of ECB, Sterling Holds Tight Range</a> - <span style="color:#888888">TheStreet.com</span><br>
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Greece sells 812 mln euros of T-bills, yield eases
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<a href="http://www.reuters.com/article/2012/02/07/greece-tbills-idUSL5E8D724720120207" style="font-size:1.2em">Greece sells 812 mln euros of T-bills, yield eases</a>
<br> <span style="color:#888888;">Reuters</span> - <span style="white-space:nowrap">1 hour ago </span>
<div style="width:80%;">* Yield drops 4 basis points to 4.86 pct * Bid-cover 2.72 vs 2.80 in Jan * Needs to roll over 1.0 bln eur of T-bills Feb 10 ATHENS, Feb 7 (Reuters) - Greece sold 812.5 million euros ($1.06 billion) of six-month T-bills on Tuesday to fund the rollover ...</div>
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Euro Slightly Lower As Greek Debt Talks Linger
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<a href="http://www.actionforex.com/index.php?option=com_content&view=article&id=159050:euro-slightly-lower-as-greek-debt-talks-linger&catid=193:daily-forex-fundamentals" style="font-size:1.2em">Euro Slightly Lower As Greek Debt Talks Linger</a>
<br> <span style="color:#888888;">Action Forex</span> - <span style="white-space:nowrap">2 hours ago </span>
<div style="width:80%;">In a thinly traded session devoid of key eco releases, attention went to the tribulations surrounding the Greek bail-out package. So some risk-off buying and maybe some short covering following Friday's correction led to modest daily gains.</div>
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The EUR/USD cross rate drifted lower in Asia yesterday
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<a href="http://www.fxstreet.com/fundamental/market-view/sunrise-market-commentary-currencies/2012-02-07.html" style="font-size:1.2em">The EUR/USD cross rate drifted lower in Asia yesterday</a>
<br> <span style="color:#888888;">FXstreet.com</span> - <span style="white-space:nowrap">3 hours ago </span>
<div style="width:80%;">by KBC Market Research Desk - KBC Bank | View company's profile On Monday, uncertainty on the outcome of the Greek debt negations provided the perfect excuse for profit taking on the recent risk rally.</div>
<a href="http://www.forexyard.com/en/market-analysis/lack_of_greek_deal_sends_eur_tumbling-2012-02-07">Lack of Greek Deal Sends EUR Tumbling</a> - <span style="color:#888888">Forexyard</span><br>
<a href="http://www.forexpros.com/analysis/greece-talks-extended,-euro-holding-above-1.3000-113275">Greece Talks Extended, Euro Holding Above 1.3000</a> - <span style="color:#888888">Forex Pros</span><br>
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EUR/GBP Forecast February 7, 2012, Technical Analysis
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<a href="http://www.fxempire.com/technical/technical-analysis-reports/eurgbp-forecast-february-7-2012-technical-analysis/" style="font-size:1.2em">EUR/GBP Forecast February 7, 2012, Technical Analysis</a>
<br> <span style="color:#888888;">FX Empire</span> - <span style="white-space:nowrap">4 hours ago </span>
<div style="width:80%;">EUR/GBP fell most of Monday as the Euro got sold off. However, later in the day saw the Euro get a bit of a reprieve by the Americans, and this pair rose as a result.</div>
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Ageas Outlines Settlement Impact With Fortis Bank And BNP Paribas - Quick Facts
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<a href="http://www.nasdaq.com/article/ageas-outlines-settlement-impact-with-fortis-bank-and-bnp-paribas---quick-facts-20120207-00062" style="font-size:1.2em">Ageas Outlines Settlement Impact With Fortis Bank And BNP Paribas - Quick Facts</a>
<br> <span style="color:#888888;">NASDAQ</span> - <span style="white-space:nowrap">5 hours ago </span>
<div style="width:80%;">(RTTNews.com) - International insurance company Ageas (AGESY.PK) Tuesday outlined the impact of the settlement with Fortis Bank and BNP Paribas.</div>
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Daily Report: Aussie Soars after RBA Pause, Euro Soft on Greece
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<a href="http://www.actionforex.com/action-insight/market-overview/daily-report:-aussie-soars-after-rba-pause,-euro-soft-on-greece-20120207159008/" style="font-size:1.2em">Daily Report: Aussie Soars after RBA Pause, Euro Soft on Greece</a>
<br> <span style="color:#888888;">Action Forex</span> - <span style="white-space:nowrap">5 hours ago </span>
<div style="width:80%;">Aussie jumps sharply today and hit new record high against Euro after RBA unexpected left rates unchanged at 4.25%. The RBA unexpectedly left the cash rate unchanged at 4.25% in February, in contrast with consensus of a rate cut by -25 bps.</div>
<a href="http://www.ibtimes.com/articles/293874/20120206/weekly-summary-usd-eur-gbp-jpy-aud.htm">Weekly Summary on USD, EUR, GBP, JPY, AUD, CAD, MXN and RMB</a> - <span style="color:#888888">International Business Times</span><br>
<a href="http://www.finnewsnetwork.com.au/BrokerCommentry/659/FX-Technical-Outlook-%7C%7C%7C-Monday-6th-February">FX Technical Outlook - Monday 6th February</a> - <span style="color:#888888">Finance News Network</span><br>
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EUR/USD - A Descending Triangle Pattern Emerges
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<a href="http://www.actionforex.com/index.php?option=com_content&view=article&id=158995:eurusd-a-descending-triangle-pattern-emerges&catid=191:daily-forex-technicals" style="font-size:1.2em">EUR/USD - A Descending Triangle Pattern Emerges</a>
<br> <span style="color:#888888;">Action Forex</span> - <span style="white-space:nowrap">9 hours ago </span>
<div style="width:80%;">EUR/USD has been testing the patience of traders for the better part of 2-weeks now, chopping around in a 200 pip range between 1.3030 and 1.3230.</div>
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Forex: EUR/USD again closes NY in 1.3130/40 zone
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<a href="http://community.nasdaq.com/News/2012-02/forex-eurusd-again-closes-ny-in-1313040-zone.aspx?storyid=118921" style="font-size:1.2em">Forex: EUR/USD again closes NY in 1.3130/40 zone</a>
<br> <span style="color:#888888;">NASDAQ</span> - <span style="white-space:nowrap">13 hours ago </span>
<div style="width:80%;">FXstreet.com (San Francisco) - The euro fell to a three-day low against the Greenback on Monday, reaching 1.3027 as Greek leaders wrestled with spending cuts to get aid and avert a default; Greece needs another E600mn in budget cuts to meet 2012 troika ...</div>
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