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Currency Trading
By Raul Lopez, Thu Dec 8th
Investors and traders around the world are looking to the Forexmarket as a new speculation opportunity. But, how aretransactions conducted in the Forex market? Or, what are thebasics of Forex Read more...

How To Choose Wisely A Forex Broker
By Stefan Everaet, Thu Dec 8th
Most traders use a FOREX broker to handle their transactions.What exactly are brokers? Strictly speaking, brokers areindividuals or companies that buy and sell orders according theinvestor's Read more...

What Are The Best Hours For Forex Trading?
By Adrian Pablo, Wed Dec 7th
Forex is a highly dynamic market with lots of price oscillationsin a single minute, this characteristic of the Forex marketallows traders to enter the market many times a day and pullsome profit Read more...

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Currency-exchange-terms-every-forex-trader-should-know
By Andrew Daigle
Before getting into the forex trading business, you need to arm yourself with some terminology that will be used in any course or software on trading forex. The following terms were put together to provide the novice forex trader with the fundamental concepts of the forex (currency exchange) trading business. While they may sound technical, most are simple to understand and apply.

Let us begin with the instruments that are traded in the forex markets. Currencies are traded in pairs so the instrument will always be in this double denomination. The reason for this is simple – the basis of forex trading is to exchange one for the other. So if the pair is the Euro and the US Dollar, and the forex trader is taking a long position or buying the Euro in hopes that it will appreciate, effectively the trader is also selling US Dollars to buy the Euros. The most widely traded pairs are the Great Britain Pound and the US Dollar (indicated as GBP/USD), the Euro and the US Dollar (the EUR/USD pair), the Aussie Dollar and the US Dollar (AUD/USD pair), the USD and the Japanese Yen (USD/JPY pair), and the Canadian Dollar and the USD (USD/CAD pair). These pairs account for over 80% of the total volume of the trading in the forex market. The advantage to trading in these pairs is that they are highly liquid and allow the investor to convert their portfolio to cash very quickly to realize a profit.

In every pair, the first is called the base currency, over which the second one is countered to imply the price of the pair, or commonly referred to as the "cross currency". The second is therefore called the quote and the pair price is recorded in terms of the units of the quote required to buy one unit of the base currency. Thus, assuming the price of the GBP/USD pair is 1.5, this implies that 1.5 USD will buy 1 GBP.

Every pair is quoted in terms of a bid ask spread. The bid price means that this is the rate at which your forex broker bids to buy the at, while the ask price is the rate which the

Forex: USD/CAD rises to 1.0480
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://community.nasdaq.com/news/2010-09/forex-usdcad-rises-to-10480.aspx?storyid=35489" style="font-size:1.2em">Forex: USD/CAD rises to 1.0480</a> <br> <span style="color:#888888;">NASDAQ</span> - <span style="white-space:nowrap">3 hours ago </span> <div style="width:80%;">FXstreet.com (Cуrdoba) - The Canadian Dollar is falling sharply against Greenback on Tuesday and currently trades at the lowest levels since last Friday. USD/CAD holds near daily highs that lie at ...</div> </div>
Forex: USD/CAD rises to 1.0480rises
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.fxstreet.com/news/forex-news/article.aspx?storyid=d6e82b30-0bb6-4103-b1e2-95bf8428ce47" style="font-size:1.2em">Forex: USD/CAD rises to 1.0480rises</a> <br> <span style="color:#888888;">FXstreet.com The Forex Market</span> - <span style="white-space:nowrap">3 hours ago </span> <div style="width:80%;">FXstreet.com (Cуrdoba) ? The Canadian Dollar is falling sharply against Greenback on Tuesday and currently trades at the lowest levels since last Friday. USD/CAD holds near daily highs that lie at ...</div> </div>
| EXCHANGE RATE
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.dailynews.lk/2010/09/07/ExchangeRate.asp" style="font-size:1.2em">| EXCHANGE RATE</a> <br> <span style="color:#888888;">Ceylon Daily News</span> - <span style="white-space:nowrap">Sep 6, 2010 </span> <div style="width:80%;">Exchange Rates on 06.09.2010 (1) The average rates of the following currencies quoted by commercial banks in Colombo for Telegraphic Transfers (TT) at 9.30 am are as follows: Currency Buying Rate ...</div> </div>
Canadian Dollar Declines Against Most Majors
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.rttnews.com/Content/CanadianNews.aspx?Node=B1&Id=1411136" style="font-size:1.2em">Canadian Dollar Declines Against Most Majors</a> <br> <span style="color:#888888;">RTT News</span> - <span style="white-space:nowrap">Sep 6, 2010 </span> <div style="width:80%;">(RTTNews) - The Canadian dollar traded lower against most major opponents during early New York morning deals on Tuesday. Against the US dollar, the loonie edged down in European and early New ...</div> <a href="http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2010/09/07/bloomberg1376-L8DNFG1A1I4H01-1HKT7B01S7HGNTAPLMD9ROOAMV.DTL">Canadian Dollar Falls Most in 2 Weeks as Stocks, Crude Oil Drop</a> - <span style="color:#888888">San Francisco Chronicle</span><br> </div>
Canadian Dollar (CAD) Technical Major Currencies (2010-09-07)
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.ibtimes.com/articles/60040/20100907/canadian-dollar-cad-technical-major-currencies-2010-09-07.htm" style="font-size:1.2em">Canadian Dollar (CAD) Technical Major Currencies (2010-09-07)</a> <br> <span style="color:#888888;">International Business Times</span> - <span style="white-space:nowrap">Sep 6, 2010 </span> <div style="width:80%;">The pair found support at 76.4% Fibonacci around 1.0345 rebounding to the upside due to support from the bullish trend appearing through momentum indicators; therefore, we expect the pair to ...</div> </div>
Forex - Canadian Dollar Looks to BoC Rate Decision for Next Moves
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.forextv.com/forex-news-story/forex-canadian-dollar-looks-to-boc-rate-decision-for-next-moves" style="font-size:1.2em">Forex - Canadian Dollar Looks to BoC Rate Decision for Next Moves</a> <br> <span style="color:#888888;">ForexTV.com</span> - <span style="white-space:nowrap">Sep 3, 2010 </span> <div style="width:80%;">RISK DISCLAIMER: By using this web site you agree to its terms and conditions. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of ...</div> </div>
Canadian Dollar Looks to BoC Rate Decision for Next Moves
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.dailyfx.com/forex/fundamental/forecast/weekly/cad/2010/09/03/TOF_903_cad.html" style="font-size:1.2em">Canadian Dollar Looks to BoC Rate Decision for Next Moves</a> <br> <span style="color:#888888;">Daily FX</span> - <span style="white-space:nowrap">Sep 3, 2010 </span> <div style="width:80%;">The Canadian dollar pushed higher against its US namesake last week, rising some 1.10 percent. Following a disappointing economic activity report for the second quarter, the USDCAD finds support ...</div> </div>
Forex: Dollar still under pressure against commodity currencies
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.fxstreet.com/news/forex-news/article.aspx?StoryId=b5591558-af3e-4081-909d-e51147530009" style="font-size:1.2em">Forex: Dollar still under pressure against commodity currencies</a> <br> <span style="color:#888888;">FXstreet.com The Forex Market</span> - <span style="white-space:nowrap">Sep 3, 2010 </span> <div style="width:80%;">FXstreet.com (Cуrdoba) ? Greenback is falling sharply on Friday against currencies tied to commodities weakened by risk aversion. AUD and NZD are approaching to daily highs together with main US ...</div> </div>
Forex: USD/CAD holds near 2-week lows
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.fxstreet.com/news/forex-news/article.aspx?storyid=8cefaae1-d09f-47c0-bcdb-10ba5ac45fde" style="font-size:1.2em">Forex: USD/CAD holds near 2-week lows</a> <br> <span style="color:#888888;">FXstreet.com The Forex Market</span> - <span style="white-space:nowrap">Sep 3, 2010 </span> <div style="width:80%;">FXstreet.com (Cуrdoba) ? The Canadian Dollar is posting important gains against Greenback and is holding close to daily highs. USD/CAD plummeted after the US jobs report to 1.0398, the lowest ...</div> </div>
Saskatchewan Roughriders Centennial Canadian Dollar Coin Launched
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.coinnews.net/2010/09/03/saskatchewan-roughriders-centennial-canadian-dollar-coin-launched/" style="font-size:1.2em">Saskatchewan Roughriders Centennial Canadian Dollar Coin Launched</a> <br> <span style="color:#888888;">CoinNews.net</span> - <span style="white-space:nowrap">Sep 3, 2010 </span> <div style="width:80%;">by Royal Canadian Mint on September 3, 2010 Rider pride was in full swing as the Royal Canadian Mint launched a new commemorative one-dollar circulation coin honouring the Saskatchewan Roughriders ...</div> </div>

forex broker is asking to sell the to the forex trader. The bid price will always be lower than the ask price and the forex trader will buy at the ask price and sell at the bid price. The bid ask price will be quoted as: GBP/USD 1.532/5, meaning the bid price is 1.532 and the ask price is 1.535.

A pip price interest point), as it is commonly called, is the smallest incremental change a pair will experience, for instance, a change in the GBP/USD price from 1.532 to 1.542 is a change of 10 pips. A trading margin is a deposit which is a minimum amount or a small percentage of your traded amount that you have to put up. The remaining amount is supplied by your broker. This amount can vary from 1% to 0.25%, also referred to as 100:1 and 400:1. Commonly, forex brokers will offer 100:1 or 200:1 to most clients. This is risky but enables the trader to leverage a large amount that he or she would not otherwise have access to.

Finally, a margin call can happen when the forex trader allows the balance in the trading account to go below the margin deposit percentage agreed upon with the forex broker. The broker will automatically sell your long positions or buy your short positions and clear the entire trading account, returning the margin amount to the trader to protect the trader from losing more money than they have.

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

About the Author:
Andrew Daigle
Andrew Daigle is the owner, creator and author of many successful websites including a free forex training and resource website called ForexBoost and a Forex Training Blog for the Novice and Advanced Forex trader.

We strive to provide only quality articles, so if there is a specific topic related to currency that you would like us to cover, please contact us at any time.

And again, thank you to those contributing daily to our gbp website.

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<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.examiner.com/international-trade-in-national/euro-and-yen-move-opposite-directions-versus-usd" style="font-size:1.2em">Euro and yen move in opposite directions versus USD</a> <br> <span style="color:#888888;">Examiner.com</span> - <span style="white-space:nowrap">2 hours ago </span> <div style="width:80%;">The euro and yen are moving in opposite directions based on market news with the USD in the middle of the battle field. The euro moved slightly lower in midday trading to 1.2728 while the yen ...</div> </div>
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An abbreviation of foreign exchange