What is Forex?

Trading forex is a currency exchange around the world through an electronic network of relationships. Forex is itself an abbreviation of Foreign exchange in the currency market, where the implementation is carried out by brokers and banks that perform currency exchange,

Forex trading market is the largest market and terlikuid of all existing financial markets. With trading volume per day to reach the figure of US $ 3.2 trillion, forex trading is much larger than the accumulation of the whole volume of the equities and futures that exist in the United States

Read more »

Market Review 19 March 2012

Dollar plummeted on Friday, stopped the rally that has sent the dollar to a high level 11 months tehradap yen and high level 1 month against the euro, but a number of significant economic data in the near future can recover the strength of the greenback.

Gold was stable but still headed for biggest weekly decline in three months, after India said it would import mengalilipatkan import data and gold AS a positive this week which pushed oil prices to go up.

Wall Street closed flat, but the main index scored an impressive increase in downloads.

Economic Data today is from the United Kingdom, Rightmove HPI speech from the RBA stevens, current account from the European zone, the NAHB housing market index from the us.

EUR/USD closing 1.3171, high, low, 1.3187 1.3046 XAUUSD C:1658.30, H:1664.75, L:1640.00, CO-S c: 107.15, H: 107.34 L: 105.13. Dow C: 13163, H: 13224, L:13157.

Read more »