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What is Forex? | We have 469 free forex articles/answers for you.
What is Forex? | We have 469 free forex articles/answers for you.
Latest Articles
Forex Trading Software - I Cannot Find Anything!There are many reasons that Forex trading software has made the Forex market even better. Forex trading software has smoothly integrated different currencies and their corresponding markets from around the globe. This integration has made it a...
The Pros and Cons of Trading a Forex Trading Demonstration Account
Trading is a skill that takes time to learn. Think of it like Boxing it’s also a skill that takes time to learn. If you get into a professional boxing ring without any training, you’ll get beat up physically! If you get into the Forex ring without...
What Is Forex Signal Trading?
Designing a forex signal trading system requires technical analysis of market indicators, statistics or trends. Without a forex system, a trader tends to let his/her emotions get in the way. Forex signals are used to take the “emotion” out of the...
An Explanation of Forex Trading
Forex trading means the simultaneous buying of one currency, and selling of another. The currency of one country is exchanged for that of another. The currencies are always traded in pairs such as US Dollar/Japanese Yen (USD/JPY), Euro/US Dollar (EUR/USD), Great Britain Pound/US Dollar (GBP/USD).More than 80% of daily forex trading involves major currencies like Australian Dollar (AUD), British Pound, Canadian Dollar (CAD), Japanese Yen, Swiss Franc (CHF), and the US Dollar. Forex Trading is not centralized on an exchange. It is a 24-hour market, and trading moves from major banking centers like Wellington, Sydney, Japan, London and New York – in that order.
In Forex Trading, there is a bid price and an ask price, and the difference of the two is called the spread. The bid is the price at which buyers are willing to buy, and the ask is the price that sellers are willing to sell at any given time. The prices are always 5 digit numbers, irrespective of where the decimal point is placed. For example, EUR/USD has a bid price of 1.2641 and an ask price of 1.2644, thereby yielding a 3 pip spread. In another example, the
USD/JPY bid price is 107.09 and ask price is 107.12.
A transaction takes place when one currency is on the up, and another is going down. Choosing the right currency will ensure a profit.
Margin is collateral for a position. If the market moves downward, the forex trader will ask the investor for additional funds by way of a “margin call”. In case of insufficient funds, the trader will close the open positions immediately.
A “long” position is one in which the investor buys a currency at one price, with the expectation of selling it later at a higher price. A short position is one in which the investor sells a currency with the expectation of buying it back at a lower price, expecting the currency to fall. Every forex trading position taken means that the investor has gone long in one currency, and short in the other. Forex Broker Info provides detailed information on forex brokers, forex trading and market makers, and other forex-related topics. Forex Broker Info is the sister site of Incorporating in Florida Web.
Written By: Eddie Tobey
 Globe and Mail | FOREX-US dollar slips, but strong trend remains intact Reuters NEW YORK, Feb 8 (Reuters) - The US dollar drifted lower on Monday as a modest recovery in overseas stock markets and commodities ... WORLD FOREX: Euro Weakens As Negative Bets Hit Record Highs WORLD FOREX: Euro Down As G-7 Fails To Produce Greece Debt Plan Forex Daily Analysis |
 FXstreet.com The Forex Market | Forex: US Dollar mixed as EUR/USD hovers around 1.3650 CountingPips By CountingPips.com The US Dollar has been mixed in forex trading as movements against most of the major currencies have been muted with little economic ... Forex: Dollar and Yen showing strength on economic uncertainty Forex: EUR/USD pulls back to 1.3670 Daily Forex Outlook - Market Quiet, Still Weak |
Forex Strategy Outlook: US Dollar Likely to Move Sharply Against Euro Daily FX Forex options markets volatility forecasts continue to trend higher, pointing to major moves in the US Dollar and other major currencies through the coming ... |
 Financial Times | WORLD FOREX: Euro Sinks; Dollar, Yen Gain On Debt Concerns Wall Street Journal The dollar was at Y89.38, up from Y88.94, while the euro was at Y122.14, down from Y122.20. The UK pound was at $1.5631, down from $1.5750. ... Dollar will doom, Gold will boom: Jim Sinclair WORLD FOREX: Euro Losses Accelerate Amid Debt Worries WORLD FOREX:Euro Sinks Further;Markets Broadly Sell Off Risk |
 BBC News (blog) | WORLD FOREX: Dollar Loses Ground After Weaker US Job Data Wall Street Journal NEW YORK (Dow Jones)--The dollar gave up some overnight gains against the euro Friday morning after ... FOREX-US dollar, yen gain on Europe debt woes World Forex: Dollar gains as Euro and Pound sink on Sovereign Debt Concerns FOREX-Euro/dollar lowest since May on euro zone debt fears |
 Reuters South Africa | FOREX-Euro pressured, dollar rises on risk aversion Reuters LONDON, Feb 5 (Reuters) - The dollar hit a seven-month high against a currency basket on Friday, boosted by risk ... Forex trends: buck's gaining ground vs European majors, but is sliding vs yen Swiss Franc Forecast Dims on Persistent SNB Intervention FOREX-Dollar rallies on risk aversion before payrolls |
 FXstreet.com The Forex Market | US Dollar Forecast Remains Aggressively Bullish on Forex Options Daily FX Forex Futures and Options markets show that large speculators continue to bet on and hedge against further US Dollar strength—giving us a strong bullish ... Forex: Dollar consolidates gains ahead of NFP report FOREX: US Dollar, Japanese Yen surge today on risk aversion. Forex: Dollar and Yen rally further on concerns about economic recovery |
WORLD FOREX: Dollar Rallies On New Optimism For Jobs Growth Wall Street Journal NEW YORK (Dow Jones)--The dollar rallied Wednesday as stronger economic data boosted confidence that the key US ... |
 RTT News | FOREX-Dollar climbs vs yen; euro gains after 4-day fall Reuters NEW YORK, Feb 1 (Reuters) - The dollar rose against the yen on Monday, and higher-yielding currencies such as the Australian and ... WORLD FOREX: Dollar Helped By Strong US Manufacturing Data Forex trends: dollar shows mixed trading on ADP employment report expectations FOREX-Dollar retains broad gains, euro near 7-mth lows |
WORLD FOREX: Dollar Higher Vs. Euro On Sovereign Debt Jitters Wall Street Journal The dollar was at Y90.26 from Y89.97, while the euro was at Y126.40 from Y126.17. The UK pound was at $1.6243 from $1.6160. The dollar was at CHF1.0512 from ... FOREX-Dollar hits 6-1/2-month high vs euro; yen gains WORLD FOREX:Dollar Gains After FOMC Fuels Bets On Higher Rates WORLD FOREX: Dollar Pares Gains Vs Yen After Weaker US Data |
