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Fears that Greece might leave the euro currency union, with uncertain consequences for the rest of Europe, pushed the continent’s markets down again on Thursday, though Asian stocks eked out gains thanks …
The euro hovered near four-month lows and European shares extended their losing streak on Thursday, as investors avoided riskier assets due to the deepening turmoil in Greece and fears of contagion spreading …
On Wednesday Dollar/Yen traded within narrow almost 40 pip range. The currency couple depreciated from 80.55 to 80.18 yesterday, not matching the negative money flow sentiment at under -11%, closing the day at 80.31
Though the Euro clawed higher, it remains vulnerable as fears of a Greek exit grow on the backs of news that some Greek banks are experiencing a funding crisis.
Greece’s caretaker Cabinet was sworn in Thursday and will lead the country into next month’s election, after a deadlocked vote sparked more political turmoil and brought the country’s use of the euro currency …
Crude Oil, Gold May Recover as Greece Eurozone Exit Fears Digest
Forex.ch brings you the latest Forex Market information as well as Forex training material.
The Foreign Exchange market, also referred to as the "Forex" or "FX" market, is the largest financial market in the world, with a daily average turnover larger than the combined volume of all U.S. equity markets.
"Foreign Exchange" is the simultaneous buying of one currency and selling of another. Currencies are traded in pairs, for example Euro/US Dollar (EUR/USD) or US Dollar/Japanese Yen (USD/JPY).
Forex is a true 24-hour market, open continuously from 5:00pm ET on Sunday to 5:00 pm on Friday. With three distinct trading sessions in the US, Europe and Asia, you can trade on your own schedule and respond to breaking news.
Leverage allows you to increase your total return on investment with less cash outlay. However, increasing leverage increases risk.
The sheer volume of Forex facilitates price stability in most market conditions. 85% of all forex transactions involve the 7 major currency pairs.
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