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Trading-currency-through-online-forex-brokers
By Jay Moncliff
Access to foreign exchange (forex), the most extensive market on the planet, is generally through an intermediary known as a forex broker. Similar to a stock broker, these agents can also provide advice on forex trading strategies. This advice to clients often extends to technical analysis and research approaches designed to improve client forex trading performance.

Financial institutions are generally the most influential in the forex market through
high-volume, large-value forex transactions. Historically, banks enjoyed monopolistic access to the forex markets, but through the Internet, any forex speculator can also enjoy 24 hour access to the market via a forex broker.

Secure web connections today allow many forex traders to work from home, where ready access to news and other technical advice informs decisions on what forex positions to take. Similar moves are being made by stock brokers, who are also moving out of banks and other traditional institutions.

Your needs in the market will influence your choice of forex broker. Online forex brokerage firms, known as houses, provide those new to the forex market with detailed research,

Euro down against greenback
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.dailytimes.com.pk/default.asp?page=2010%5C03%5C20%5Cstory_20-3-2010_pg5_19" style="font-size:1.2em">Euro down against greenback</a> <br> <span style="color:#888888;">Daily Times</span> - <span style="white-space:nowrap">15 hours ago </span> <div style="width:80%;">NEW YORK: The euro fell against the dollar on Friday, pressured by persistent worries about Greece&#39;s debt problems as traders waited to see if the country can secure aid from euro zone members at ...</div> </div>
Analysis: Speculators Cut Bets Against Euro From Record Levels
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://online.wsj.com/article/BT-CO-20100319-710244.html?mod=WSJ_latestheadlines" style="font-size:1.2em">Analysis: Speculators Cut Bets Against Euro From Record Levels</a> <br> <span style="color:#888888;">Wall Street Journal</span> - <span style="white-space:nowrap">17 hours ago </span> <div style="width:80%;">By Fabio Alves OF DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Investors scaled back significantly their bets against the euro from record levels, according to data released Friday. Net speculative ...</div> </div>
Gold Nears New Euro Record as &quot;Gold-Backed&quot; Euro Monetary Fund Rejected
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://news.goldseek.com/BullionVault/1269006712.php" style="font-size:1.2em">Gold Nears New Euro Record as &quot;Gold-Backed&quot; Euro Monetary Fund Rejected</a> <br> <span style="color:#888888;">Gold Seek</span> - <span style="white-space:nowrap">Mar 19, 2010 </span> <div style="width:80%;">THE PRICE OF GOLD was little changed for US investors in London on Friday, heading for a 2% weekly gain as the Dollar rose against everything on the forex market but the commodity-currencies of ...</div> <a href="http://www.marketoracle.co.uk/Article18011.html">Gold Nears New Euro Record High</a> - <span style="color:#888888">The Market Oracle</span><br> </div>
Ldn FX: Euro-Dlr Heavy In Europe; Cable Weighs
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://imarketnews.com/node/10542" style="font-size:1.2em">Ldn FX: Euro-Dlr Heavy In Europe; Cable Weighs</a> <br> <span style="color:#888888;">Market News International</span> - <span style="white-space:nowrap">Mar 19, 2010 </span> <div style="width:80%;">LONDON, Mar. 19 (MNI) - Euro-dollar was heavy in Europe Friday morning. After being supported for much of the Asian session by Asian Central Bank demand the euro triggered some stop loss sales on ...</div> </div>
WORLD FOREX: Euro Up Vs Yen, Dollar On Hedge Buying; May Resume Fall
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.marketwatch.com/story/world-forex-euro-up-vs-yen-dollar-on-hedge-buying-may-resume-fall-2010-03-19" style="font-size:1.2em">WORLD FOREX: Euro Up Vs Yen, Dollar On Hedge Buying; May Resume Fall</a> <br> <span style="color:#888888;">MarketWatch</span> - <span style="white-space:nowrap">Mar 19, 2010 </span> <div style="width:80%;">By Andrew Monahan TOKYO (MarketWatch) -- The euro rose against the yen and dollar in Asia Friday as Japanese short-term investors who have recently bet heavily against the common currency bought ...</div> <a href="http://www.stockmarketsreview.com/forex/the_demand_for_the_high_risk_currencies_increased_again_the_oil_rate_consolidated_above_the_82_usd_mark_per_barrel_20100319_3586/">The demand for the high-risk currencies increased again. The oil rate consolidated above the $82 mark per barrel</a> - <span style="color:#888888">Stock Markets Review</span><br> </div>
Commodities, Stocks Drop on India&#39;s Rate Increase; Euro Falls
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.businessweek.com/news/2010-03-19/asia-stocks-rise-on-improving-u-s-economic-outlook-yen-falls.html" style="font-size:1.2em">Commodities, Stocks Drop on India&#39;s Rate Increase; Euro Falls</a> <br> <span style="color:#888888;">BusinessWeek</span> - <span style="white-space:nowrap">Mar 19, 2010 </span> <div style="width:80%;">By Nick Baker and Rita Nazareth March 19 (Bloomberg) -- Commodities and stocks in the US, Europe and Brazil slumped as India&#39;s unexpected interest-rate boost spurred speculation withdrawals of ...</div> </div>
Currencies: Euro Weakens On Bearish Bailout Comments
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://trak.in/india/currencies-euro-weakens-on-bearish-bailout-comments/economy-78475/" style="font-size:1.2em">Currencies: Euro Weakens On Bearish Bailout Comments</a> <br> <span style="color:#888888;">India Business Blog</span> - <span style="white-space:nowrap">Mar 18, 2010 </span> <div style="width:80%;">by EIN on 2010/03/18 March 18, 2010 (FinancialWire) (Investrend Information Syndicate) As of 11:37 AM EST today, the PowerShares DB US Dollar Index Bullish Fund (NYSE: UUP) is up 0.90% on volume ...</div> </div>
Fed officials warn against loss of bank oversight
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.portfolio.com/business-news/reuters/2010/03/18/fed-officials-warn-against-loss-of-bank-oversight" style="font-size:1.2em">Fed officials warn against loss of bank oversight</a> <br> <span style="color:#888888;">Portfolio.com</span> - <span style="white-space:nowrap">Mar 18, 2010 </span> <div style="width:80%;">Trader Richard Smartt reacts in the Euro Dollar pit at the Chicago Mercantile Exchange, March 16, 2010. REUTERS/John Gress By Mark Felsenthal WASHINGTON (Reuters) - Four top Federal Reserve ...</div> </div>
Euro Plunges Against Major Rivals
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.rttnews.com/Content/CurrencyMarket.aspx?Node=b3&Id=1245062" style="font-size:1.2em">Euro Plunges Against Major Rivals</a> <br> <span style="color:#888888;">RTT News</span> - <span style="white-space:nowrap">Mar 18, 2010 </span> <div style="width:80%;">(RTTNews) - The European common currency traded lower against major rivals in New York mid-day trading on Thursday. The Eurozone trade balance swung to a deficit in January, as the export value ...</div> </div>
OCI announces FY 2009 Results
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://dotnet.sys-con.com/node/1324452" style="font-size:1.2em">OCI announces FY 2009 Results</a> <br> <span style="color:#888888;">SYS-CON Media</span> - <span style="white-space:nowrap">Mar 18, 2010 </span> <div style="width:80%;">By Marketwire . Results as at 31 December 2009 Cairo, Egypt / March 18, 2010, 10:15 AM OCI announces FY 2009 Results Summary of Consolidated Results for Q4 2009: - Consolidated revenue increased 3 ...</div> </div>

advice and simulators to learn how to use their forex trading tools. The experienced online forex trader is catered to by other broking houses, with in-depth advice, but less focus on forex trading instruction based on the assumption that you are familiar with the forex market. To make an informed choice, it is advisable to trial several differing online forex broking houses and their trading tools to find the best fit for your needs.

Article Source: http://www.upublish.info

About the Author:
Jay Moncliff
Jay Moncliff is the founder of http://www.forex-web.info a website specialized on Forex Broker, resources and articles. For more info visit his site: Forex Broker

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Forget About Euro ETFs, British Pound ETFs Are The Real Danger
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://beforeitsnews.com/news/26161/Forget_About_Euro_ETFs,_British_Pound_ETFs_Are_The_Real_Danger.html" style="font-size:1.2em">Forget About Euro ETFs, British Pound ETFs Are The Real Danger</a> <br> <span style="color:#888888;">Before It's News</span> - <span style="white-space:nowrap">21 hours ago </span> <div style="width:80%;">In recent weeks, the future of the euro has been a hot topic among investors, as the current ?stress testing? of the common currency system has uncovered some worrisome flaws. The euro has slumped ...</div> </div>
British Pound Declines Further Against Majors
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.rttnews.com/Content/CurrencyMarket.aspx?Id=1246113&SM=1" style="font-size:1.2em">British Pound Declines Further Against Majors</a> <br> <span style="color:#888888;">RTT News</span> - <span style="white-space:nowrap">22 hours ago </span> <div style="width:80%;">(RTTNews) - The British currency extended its previous session downtrend against major opponents during New York mid-day trading on Friday. The pound declined to new multi-day lows of 0.9014 ...</div> </div>
Gold and silver daily commentary (March 19, 2010)
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.stockmarketsreview.com/commodities/gold_and_silver_daily_commentary_20100319_3631/" style="font-size:1.2em">Gold and silver daily commentary (March 19, 2010)</a> <br> <span style="color:#888888;">Stock Markets Review</span> - <span style="white-space:nowrap">22 hours ago </span> <div style="width:80%;">By Nell Sloane The strength of the Dollar against European currencies, particularly the British Pound, has put precious metals prices under moderate pressure into the US Friday opening. Comments ...</div> </div>
British Pound Weighed by Risks for Double-Dip Recession, Euro Extends Decline
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/us_open/2010-03-19-1141-British_Pound_Weighed_by_Risks.html" style="font-size:1.2em">British Pound Weighed by Risks for Double-Dip Recession, Euro Extends Decline</a> <br> <span style="color:#888888;">Daily FX</span> - <span style="white-space:nowrap">Mar 19, 2010 </span> <div style="width:80%;">The British Pound extended the previous day&#39;s decline and slipped to a low of 1.5129 during the European trade as the Bank of England continued to see a risk for a double-dip recession. The ...</div> </div>
Great British Pound (GBP) Technical Major Currencies (2010-03-19)
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.ibtimes.co.uk/articles/20100319/great-british-pound-gbp-technical-major-currencies-2010-03-19.htm" style="font-size:1.2em">Great British Pound (GBP) Technical Major Currencies (2010-03-19)</a> <br> <span style="color:#888888;">IBTimes</span> - <span style="white-space:nowrap">Mar 19, 2010 </span> <div style="width:80%;">The pair managed to achieve yesterday&#39;s suggested scenario after touching 1.5225, however, the achieved ascend did not surpass resistance for the ascending channel shown above between 1.5305 - 1 ...</div> </div>
British Pound Loses May Continue As BoE Weighs Options
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.dailyfx.com/forex/fundamental/forecast/weekly/gbp/2010-03-19-2140-British_Pound_Loses_May_Continue.html" style="font-size:1.2em">British Pound Loses May Continue As BoE Weighs Options</a> <br> <span style="color:#888888;">Daily FX</span> - <span style="white-space:nowrap">Mar 19, 2010 </span> <div style="width:80%;">The British Pound sharply fell to end the past week as BoE member Andrew Sentence warned that the UK was still at risk for a double dip recession. Sterling saw across the board losses as the ...</div> </div>
British Pound Forecast Bearish versus Japanese Yen
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.dailyfx.com/forex/technical/ssi/gbp-jpy/2010-03-18-1553-British_Pound_Forecast_Bearish_versus.html" style="font-size:1.2em">British Pound Forecast Bearish versus Japanese Yen</a> <br> <span style="color:#888888;">Daily FX</span> - <span style="white-space:nowrap">Mar 18, 2010 </span> <div style="width:80%;">GBPJPY ? The ratio of long to short positions in the GBPJPY stands at 1.23 as nearly 55% of traders are long. Yesterday, the ratio was at -1.01 as 50% of open positions were short. In detail, long ...</div> </div>
British Pound / US Dollar 03-19
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.dailyfx.com/forex/technical/elliott_wave/gbp-usd/2010-03-19-1404-British_Pound___US_Dollar.html" style="font-size:1.2em">British Pound / US Dollar 03-19</a> <br> <span style="color:#888888;">Daily FX</span> - <span style="white-space:nowrap">Mar 18, 2010 </span> <div style="width:80%;">The GBPUSD reversed just shy of the 38.2% retracement of the decline from 16464; at 15425, which is reinforced by parallel channel resistance and former support (15346). The extend of the decline ...</div> </div>
Exchange rates update: Public data boosts Pound
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.economy-news.co.uk/pound-exchange-rates-latest-18201003.html" style="font-size:1.2em">Exchange rates update: Public data boosts Pound</a> <br> <span style="color:#888888;">Economy News</span> - <span style="white-space:nowrap">Mar 18, 2010 </span> <div style="width:80%;">British Pound exchange rates soared this morning after Public Sector Finance Data came in much better than expected. The data will add to yesterday&#39;s better than expected data on unemployment to ...</div> </div>
Is gold price heading towards $1,200?
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.commodityonline.com/futures-trading/technical/Is-gold-price-heading-towards-$1200-15014.html" style="font-size:1.2em">Is gold price heading towards $1,200?</a> <br> <span style="color:#888888;">Commodity Online</span> - <span style="white-space:nowrap">Mar 18, 2010 </span> <div style="width:80%;">By Dan Norcini The bulk of the weakness in the US Dollar today can be attributed to a short covering rally in the British Pound. That market is so heavily loaded with speculative short positions ...</div> <a href="http://www.forexhound.com/article/Fundamentals/Daily_Reports/CANADIAN_DOLLAR_MAKES_ANOTHER_NEW_CONTRACT_HIGH_NEW_BUY_SIGNAL_FOR_THE_POUND/192500">CANADIAN DOLLAR MAKES ANOTHER NEW CONTRACT HIGH. NEW BUY SIGNAL FOR THE POUND</a> - <span style="color:#888888">Forex Hound</span><br> <a href="http://www.economy-news.co.uk/exchange-rates-19201003.html">Exchange rates: Pound against the Euro and Dollar</a> - <span style="color:#888888">Economy News</span><br> </div>

Is the simultaneous purchase or sale of one currency against the purchase or sale of another.

 
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