May 14, 2009
The foreign exchange market (Currency, Forex, or FX) market is where
currency trading takes place. It is where banks and other official
institutions facilitate the buying and selling of foreign currencies.
[1]FX transactions typically involve one party purchasing a quantity of
one currency in exchange for paying a quantity of another. The foreign
exchange market that we see today started evolving during the 1970s
when worldover countries gradually switched to floating exchange rate
from their erstwhile exchange rate regime, which remained fixed as per
the Bretton Woods system till 1971.
Today,
the FX market is one of the largest and most liquid financial markets
in the world, and includes trading between large banks, central banks,
currency speculators, corporations, governments, and other
institutions. The average daily volume in the global foreign exchange
and related markets is continuously growing. Traditional daily turnover
was reported to be over US$3.2 trillion in April 2007 by the Bank for
International Settlements.[2] Since then, the market has continued to
grow. According to Euromoney's annual FX Poll, volumes grew a further
41% between 2007 and 2008.[3]
The purpose of FX market is to
facilitate trade and investment. The need for a foreign exchange market
arises because of the presence of multifarious international currencies
such as US Dollar, Pound Sterling, etc., and the need for trading in
such currencies.
Posted by Forex AR.
May 14, 2009
Foreign exchange trading increased by 38% between April 2005 and April
2006 and has more than doubled since 2001. This is largely due to the
growing importance of foreign exchange as an asset class and an
increase in fund management assets, particularly of hedge funds and
pension funds. The diverse selection of execution venues such as retail
trading platforms platforms offered by companies such as ParagonEX,
First Prudential Markets and Saxo Bank have made it easier for retail
traders to ... Continue reading...
Posted by Forex AR.
May 14, 2009
 Forex Research. Market Snapshot ... Forex Guest of the Week. Mr. Ebrahim Hasham. (CE, Mehran Sugar Mills Ltd.) Read · Archives. Our Partner Service ... Continue reading...
Posted by Forex AR.
May 14, 2009
Posted by Forex AR.
May 14, 2009
 French
RevolutionThe decimal "franc" was established as the national currency
by the French Revolutionary Convention in 1795 as a decimal unit (1
franc = 10 decimes = 100 centimes) of 4.5 g of fine silver. This was
slightly less than the livre of 4.505 g but the franc was set in 1796
at 1.0125 livres (1 livre, 3 deniers), reflecting in part the past
minting of sub-standard coins.
However the circulation of this
metallic currency declined during the Republic that exchanged the old
gold and s... Continue reading...
Posted by Forex AR.
May 14, 2009
 The
foreign exchange market (Currency, Forex, or FX) market is where
currency trading takes place. It is where banks and other official
institutions facilitate the buying and selling of foreign currencies. [1]FX
transactions typically involve one party purchasing a quantity of one
currency in exchange for paying a quantity of another. The foreign
exchange market that we see today started evolving during the 1970s
when worldover countries gradually switched to floating exchange rate from th... Continue reading...
Posted by Forex AR.
May 14, 2009
Gentili, Alberico
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Posted by Forex AR. Posted In : Spain Forex
May 14, 2009
 In financial markets, the retail forex (retail off-exchange currency trading or retail FX) market is a subset of the larger foreign exchange market. This "market has long been plagued by swindlers preying on the gullible," according to The New York Times[1].
Whilst there may be a number of fully regulated, reputable
international companies that provide a highly transparent and honest
service, it's commonly thought that about 90% of all retail FX traders
lose money. [2] [3]It
is now possib...
Posted by Forex AR. Posted In : Switzerlan Forex
May 14, 2009
The foreign exchange market (Currency, Forex, or FX) market is where
currency trading takes place. It is where banks and other official
institutions facilitate the buying and selling of foreign currencies. [1]FX
transactions typically involve one party purchasing a quantity of one
currency in exchange for paying a quantity of another. The foreign
exchange market that we see today started evolving during the 1970s
when worldover countries gradually switched to floating exchange rate from t... Continue reading...
Posted by Forex AR. Posted In : Australia Forex
May 14, 2009
 Kenya, officially the Republic of Kenya, is a country in East Africa. It is bordered by Ethiopia to the north, Somalia to the east, Tanzania to the south, Uganda to the west, and Sudan to the northwest, with the Indian Ocean running along the southeast border. The country is named after Mount Kenya, a very significant landmark, [1][2] and both were originally usually pronounced ˈkiːnjə [3] in English although the native pronunciation and the one intended by the original transcription Keni... Continue reading...
Posted by Forex AR. Posted In : Kenya Forex
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