All about A Forex Quote
The word FOREX is derived from the words “FOReign EXchange. Unlike other financial market in the world, Forex is open 24 hours every day where there is always a major financial center open where banks, dealers, hedge funds, corporations, individual investors and speculators are trading currencies.
The cumulative buy and sell of a currency causes the […]
Understanding Interest Rate Influence on Forex Market
Understanding Interest Rate Influence on Forex Market
Forex traders around the world are waiting for the last US Federal Reserve interest rate announcement for the year on Tuesday, December 11, 2007 at EST 1415hrs. Most Forex market traders are anticipating at least a quarter point cut from the current 4.5%.
Interest rates are simply defined as […]
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