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Wednesday, April 16, 2008

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currency



As compared to any other financial trading, Forex day trading has many advantages. Trading currencies is in many ways more advantageous than trading stocks or futures. The forex market is a true 24-hour market. This means that a currency trader can basically choose his/her own hours to trade. Forex day trading currencies require a lot less starting capital than day trading stocks. Thus, you could start out small in the currency market. Traders need to concentrate on a few major currencies only rather than on tens of thousands of stocks.

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Any broad-based economic conditions can cause a sudden and dramatic currency price swing if such conditions are seen to be changing. This is a key concept because what drives the currency market in many cases is the anticipation of an economic condition rather than the condition itself.

currency exchange rates



With proper timing, foreign currency exchange trading can pay off big. The world's financial markets have a great deal of volatilty built in, due to the dynamic nature of their design. With millions of participants and trillions of dollars at stake daily, currency trading represents a fast-paced opportunity to earn very good money, provided you learn a profitable trading strategy.
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forex rates



The Tokyo Fix is where the FX rate is established for the day by the banks for their customers. So even though the FX rate may change during the day the customer gets the rate at the time of the fix. There is a fix in Tokyo, London and Toronto (more I am sure). Importers generally settle their accounts on the 5th, 10th, 15th, etc, of the month before and up until the fix ():50 GMT). Sometimes, if there is an "excess" dollar demand $/JPY will continue to climb slightly after the fix. $Bulls will also use this as a staging for extending a rally. $Bears (Yen Bulls) will use this to establish better shorts.
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5 foreign stocks we love

Wed, 09 Apr 2008 12:29:17 EDT
Concerned about your domestic investments in today's troubled economy? Consider these international companies, which can be easily purchased right here in the U.S.




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