Home Contact About us Articles News


dinar
Navigation

   
Resources


 Money Exchange Rates
Rupee
Pound
Dinar

 
News

"how To" Start Trading The Forex Market? (part 3)
By Martin Maier, Thu Dec 8th
10 REASONS TO START TRADING FOREX!More and more well informed investor and entrepreneurs arediversifying their traditional investments like stocks, bonds &commodities with foreign currency Read more...


News

Forex-education---20-questions-that-will-tell-you-if-you-can-win-at-forex-trading-
By kelly price
Forex trading isn't easy and you wouldn't expect it to be with the rewards on offer but its not hard either - if you get the right forex education. If you look at the questions below and answer them Read more...

Forex-trading---not-just-for-the-big-boys
By Karen Kelley
It seems that almost everyone is familiar with the stock market and many employees are actually invested in it because of their company’s 401k. Everyday as part of the news report, we are always Read more...


 

 Earn Cash for Travel

 

dinar Article

Below, you'll find extensive information on leading dinar articles and products to help you on your way to success.

Buying Currency In Iraq: A Bargain Or Not?
By Bob Benson
If you do an Internet search for companies that trade in currency, you may be surprised to find that there are dozens, if not hundreds, of web sites dedicated to promoting the purchase of the Iraqi currency. Many of them tout it as a get rich quick scheme. Others say that it is a patriotic way to support the new democracy of the Iraqi people and their government. Still others base their marketing on the notion that buying the Iraqi (the dinar) is like buying a penny stock – it is so cheap that you can afford to buy huge quantities, so that even a slight increase in value will guarantee huge yields on your original investment. But buyers beware, because there is no proof that the dinar will make a comeback anytime soon.

Here are a few things for would-be investors to consider before venturing into ownership of the dinar. First of all, there is still no official and organized market for trading the Iraqi currency. This means that even if you want to buy and sell the dinar as a trader, there is no way to ensure that you will be able to find a market for it. Without buyers and sellers coming together in an organized fashion, the lacks liquidity – if you need to sell your dinars to convert them to dollars, you may have to wait days, weeks, or months to find a buyer to take them off your hands. And without such liquidity, those who broker the notes will be taking big commissions, to make it worth their while. All of these things will factor into your ability to make a profit from trading the currency.

Many

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 (Córdoba) - 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 (Córdoba) ? 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 (Córdoba) ? 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 (Córdoba) ? 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>

who advertise sales of the dinar will not buy the same currency. That should make you somewhat skeptical, because if it is such a good deal, traders would not only sell dinars, but also be interested in purchasing them. And they claim that even a fraction of an upward movement in the can make you a millionaire. That may be true, but it is no insurance that the will go up. And meanwhile, currencies of other, more economically stable countries in the world – like Turkey, for instance – are cheaper to buy that the dinar, so why not invest in those currencies instead? The fact is that Iraq’s economic outlook is bleak, and the possibility of making huge profits by buying and selling the dinar remain slim – at least for now.

Of course if you want to show your support for the country – and buy a souvenir for your grandchildren in the process – there is nothing at all wrong with buying dinar notes, as many of them as you want. They are very inexpensive – you can buy them for pennies – and they have some historical value as keepsakes from an interesting time in the long story of Iraq’s civilization. But to buy them strictly upon their upside price potential is another thing altogether, and the inherent risk of such a purchase makes it more of a gamble than an investment.

Come check out the mortgagefinduk.co.uk website. We also have many great finance articles posted at out site.


 

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 dinar website.

Euro and yen move in opposite directions versus USD
<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>
WORLD FOREX: Euro Hits 3-Week High Vs Dollar On Strong Shares
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://online.wsj.com/article/BT-CO-20100906-700538.html" style="font-size:1.2em">WORLD FOREX: Euro Hits 3-Week High Vs Dollar On Strong Shares</a> <br> <span style="color:#888888;">Wall Street Journal</span> - <span style="white-space:nowrap">7 hours ago </span> <div style="width:80%;">By Andrew Monahan Of DOW JONES NEWSWIRES TOKYO (Dow Jones)--The euro rose to near a three-week high against the dollar in Asia Monday as strong regional share markets prompted short-term players ...</div> </div>
Euro Extends Loss Vs Swiss Franc, Hits Fresh All-Time Low
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://online.wsj.com/article/BT-CO-20100907-711511.html" style="font-size:1.2em">Euro Extends Loss Vs Swiss Franc, Hits Fresh All-Time Low</a> <br> <span style="color:#888888;">Wall Street Journal</span> - <span style="white-space:nowrap">7 hours ago </span> <div style="width:80%;">By Karen Johnson OF DOW JONES NEWSWIRES TORONTO (Dow Jones)--The euro extended its losses to hit a series of all-time lows against the Swiss franc Tuesday as investors fret about euro-zone debt ...</div> </div>
Crude Oil Falls Most in a Week as Euro Tumbles Against Dollar
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2010/09/06/bloomberg1376-L8DP4O1A1I4H01-0DG65SBNF8K984AB39I003EIOJ.DTL" style="font-size:1.2em">Crude Oil Falls Most in a Week as Euro Tumbles Against Dollar</a> <br> <span style="color:#888888;">San Francisco Chronicle</span> - <span style="white-space:nowrap">9 hours ago </span> <div style="width:80%;">Sept. 7 (Bloomberg) -- Crude oil fell the most in a week as the euro tumbled against the dollar, curbing the appeal of commodities as an alternative investment to the US currency. Oil dropped as ...</div> </div>
TheFXSpot: EZ Peripheral Woes Reemerge; Euro Slips,Stocks Off
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://imarketnews.com/node/18848" style="font-size:1.2em">TheFXSpot: EZ Peripheral Woes Reemerge; Euro Slips,Stocks Off</a> <br> <span style="color:#888888;">IMarketnews.com</span> - <span style="white-space:nowrap">12 hours ago </span> <div style="width:80%;">By Vicki Schmelzer NEW YORK, Sept 7 (MNI) - Renewed concerns about the eurozone peripherals, coupled with spread widening in Irish and Italian bonds to new wides versus bunds, took a toll on the ...</div> </div>
Swiss Franc and Yen continue surge
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.h-l.co.uk/news/feature-articles/swiss-franc-and-yen-continue-surge" style="font-size:1.2em">Swiss Franc and Yen continue surge</a> <br> <span style="color:#888888;">Hargreaves Lansdown</span> - <span style="white-space:nowrap">13 hours ago </span> <div style="width:80%;">Whilst global stock markets faltered throughout August (the Dow Jones itself fell by 5.8%), the Swiss Franc and Japanese Yen have soared against the Pound, Euro and the US Dollar. With concerns ...</div> <a href="http://www.forexhound.com/article/Technicals/Daily_Reports/Market_News_by_ForexMetal/235308">Market News by Forex-Metal</a> - <span style="color:#888888">Forex Hound</span><br> </div>
Euro extends gains
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://business.iafrica.com/articles/661708.html" style="font-size:1.2em">Euro extends gains</a> <br> <span style="color:#888888;">iAfrica.com</span> - <span style="white-space:nowrap">17 hours ago </span> <div style="width:80%;">European stock markets extended a rally Monday and the dollar edged higher, but with Wall Street closed for the Labor Day public holiday gains were limited in sluggish trading. &quot;It&#39;s been a very ...</div> </div>
Euro May Rise to 1-Month High Versus Dollar: Technical Analysis
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.businessweek.com/news/2010-09-06/euro-may-rise-to-1-month-high-versus-dollar-technical-analysis.html" style="font-size:1.2em">Euro May Rise to 1-Month High Versus Dollar: Technical Analysis</a> <br> <span style="color:#888888;">BusinessWeek</span> - <span style="white-space:nowrap">Sep 6, 2010 </span> <div style="width:80%;">By Ron Harui Sept. 7 (Bloomberg) -- The euro may rise to a one-month high against the dollar after climbing above major resistance levels at $1.2839 and $1.2873, according to Pak Lai Ng, a ...</div> </div>
ETF Play of the Day: Short Euro, Long Dollar
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.thestreet.com/p/rmoney/etf/10853155.html?cm_ven=GOOGLEFI" style="font-size:1.2em">ETF Play of the Day: Short Euro, Long Dollar</a> <br> <span style="color:#888888;">TheStreet.com</span> - <span style="white-space:nowrap">Sep 6, 2010 </span> <div style="width:80%;">By Carolyn Dion With The Wall Street Journal calling into question recent stress tests on European banks, expect to see continued pressure on the euro today as US investors focus on this ...</div> <a href="http://www.istockanalyst.com/mobile/viewarticle.aspx?articleid=4472896">EUR/USD Reaches 1.2900 Following Better Than Expected Non-Farm Payrolls Results</a> - <span style="color:#888888">istockAnalyst.com</span><br> </div>
Euro rises against dollar to $1.2900
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://moneycentral.msn.com/inc/news/providerredir.asp?feed=AP&date=20100906&id=12004536" style="font-size:1.2em">Euro rises against dollar to $1.2900</a> <br> <span style="color:#888888;">MSN Money</span> - <span style="white-space:nowrap">Sep 6, 2010 </span> <div style="width:80%;">BERLIN (AP) - The euro is up against the dollar ahead of expected light trading as US markets were closed for a national holiday. The 16-nation euro rose to $1.2900 in early Monday trading, up ...</div> <a href="http://www.reuters.com/article/idUSN0722817020100907">FOREX-Euro plunges on renewed bank and economic concerns</a> - <span style="color:#888888">Reuters</span><br> <a href="http://www.businessweek.com/news/2010-09-07/euro-falls-on-bank-concern-german-factory-orders-aussie-drops.html">Euro Falls on Bank Concern, German Factory Orders; Aussie Drops</a> - <span style="color:#888888">BusinessWeek</span><br> <a href="http://online.wsj.com/article/BT-CO-20100907-710346.html" style="color:#009900">Wall Street Journal</a> - <a href="http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2010/09/07/bloomberg1376-L8CL700D9L3501-6KVQQ3SG024485CG330VD79U4D.DTL" style="color:#009900">San Francisco Chronicle</a> - <a href="http://www.indiainfoline.com/Markets/News/Euro-falls-amid-renewed-debt-cum-financial-worries/4925321863" style="color:#009900">India Infoline.com</a> </div>

Short for "Foreign Exchange". Refers generally to the Foreign Exchange trading industry and/or to the currencies themselves.

 
Home   |   Contact   |   About Us   |   Articles   |   News
© 2006 Forex and Currencies Explained. All Rights Reserved. dinar