23rd February 2011
Some countries intentionally lower their currency exchange rates to boost exports and stimulate domestic economy.
Competitive devaluation is a term describing a fierce competition among two or more countries that intentionally try to reduce the exchang...
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21st February 2011
Understanding how fundamental and technical indicators influence money exchange rates is essential for successful trading on the foreign currency exchange market.
Miscellaneous factors drive the foreign currency exchange market, which is why every prof...
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21st February 2011
Just like every other market place that involves the buying and selling of goods, the Forex market is a small, artificial universe where dealers buy or sell currency pairs (a type of good).The decision as to whether one buys or sells a particular currency...
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20th February 2011
Forex robots are intended to eliminate the factor of human behavior in currency exchange trading but do not rely on them to take the important decisions in conducting deals.
Modern aircrafts utilize sophisticated software autopilots during takeoff and l...
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20th February 2011
A popular delusion that currency exchange rates movements are easy to forecast can reduce your chances of becoming a successful Forex player
You may have already read several “Forex for dummies" books and have decided to enter the foreign currency exch...
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20th February 2011
Familiarizing with the conventions of foreign currency exchange market will help avoid confusions with the terminologies involved.
Average people are accustomed to think of a currency as a medium of exchange while assuming that it has a natural value. On...
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18th February 2011
Investor psychology cycles influences the bullish or bearish mood of the foreign currency exchange market. How do words like “mood" and “sentiment" relate to the foreign currency exchange market? Presumably, emotions do not belong to a place where people...
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18th February 2011
There are no so called “best hours" in a foreign currency exchange market operating 24 hours a day and conducting deals worth USD 1.5 trillion on a daily basis.
One unique feature of the foreign currency exchange market is that it never sleeps. it ope...
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17th February 2011
Coins initially appeared more than 30 centuries ago as currency and ever since then mankind is developing various methods for currency exchange.
We all know that currencies appeared shortly after our ancient ancestors realized that exchange of goods d...
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16th February 2011
Converting your Euro to Pounds can sometimes be a daunting task. Will you buy your Pounds before you leave or will you carry it as Traveller’s Cheques? Which method will give you value for money? Or hang on! What if you get robbed – what then!?
The Brit...
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20th October 2010
Being under the wrong impression that the price of a currency transfer depends only on commission and fees, one might wonder why different companies offer different exchange rates for currency transfers or currency transactions in all. Currency transfer s...
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