Dollar Posts Second 1.5% Weekly Rally in 17 Months, QE3 In Focus
The Kiwi has continued to decline over the past few days, largely following in the footsteps of the Aussie, and further downside could still be on the horizon. That said, this move may be attributed to not only USD strength, but also NZD weakness as the market has slowly been
Consolidation breakout: USD/JPY was consolidating this week between 102.75 and 101.83 with a prevailing bullish trend.
Triangle: After a sharply early April rally to 105.40, AUD/JPY has made a sharp correction down to 98.70. Since then the market has been trading in a triangle, more or less symmetrical around the central area at about 100.75-100.85.
NEW YORK (Reuters) – Europe’s top trade official for the first time late on Friday officially cited Chinese mobile telecommunications equipment makers Huawei and ZTE Corp for violating anti-dumping and …
EUR/USD Rebound Could Materialize as May PMIs Seek Lift
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.