History of the Foreign Exchange
Until the mid-seventies, major industrial economies were governed by the Bretton Woods agreement of 1944. The Bretton Woods agreement—which was named after the location of the international conference establishing this new monetary order—obliged participating international economies to peg their currencies to the dollar, which itself remained within a 1% standard deviation from the prevailing gold [...]
Why trade on the Foreign Exchange?
There are tons of reasons!
-The high level of liquidity ensures instantaneous order executions in most market conditions.
-24 hour trading! The major Foreign Exchange centers are located in New York, London, and Hong Kong. The end of one trading day is the beginning of another. Traders are able to trade at any convenient [...]
Fundamental or Technical analysis: which one is for you?
The fundamental analyst in Forex attempts to draw overall conclusions concerning the economic health of a particular economy based on political, social and economic indicators. Based on these conclusions, fundamental analysts determine whether a particular currency is over or undervalued, and trade accordingly.
While fundamental analysis is useful in determining the overall health of an economy, [...]
Tips For Global Forex Trading
You’ve decided to become a trader on the Forex market but since you’ve never played on the currency market you aren’t sure where to start. Not to worry – we’ve got some great tips for global Forex trading,
Forex is the foreign exchange market where currencies are bought and sold. It began back in [...]
Understanding The Forex Trading Market
If you’ve invested in the stock market you know what a rush it can be when you come out with profits. The currency markets are much different than the stock market but the rush is even bigger. You’ll want to understand the Forex trading market to help you ensure success.
Forex is short for [...]








