Understanding Forex trading hours is very important when you choose to trade currencies. Since you can trade 24 hours a day, 5.5 days a week, you not only receive greater freedom but also more time to trade the Forex market.
Approximate USD values for a one (1) pip move per contract in most traded currency pairs are as follows, per 100,000 units of the base currency:
Leverage trading, or trading on margin, means you aren't required to put up the full value of the position. Forex trading offers more leverage than stocks or futures - up to 200 times the value of your account. Of course keep in mind that increased leverage also increases your risk.
Japan's Toshiba made a solo bid for Areva's transmission and distribution (T&D) business on Monday while AXA Private Equity said it would not join the race for the French nuclear group's coveted unit.
Reading a foreign exchange quote is simple if you remember two things:
1. The first currency listed is the base currency
2. The value of the base currency is always 1.
The basic premise of fundamental analysis is that the value of a currency is determined by the comparative strength and weakness of a country's economy in relation to those of its trading partners. The stronger a country's economy - measured in higher GDP growth, lower inflation, higher interest rates, greater productivity, more political stability, etc. - the stronger a country's currency. Over time, these fundamental factors produce the long lasting price trends typical of the currency markets...
A Forex market transaction differs from a retail transaction. In a retail environment, the price is predetermined by the seller, and the purchaser measures his need for the item against the price asked and makes his decision to buy or not. In a market transaction, both the seller and the buyer continually adjust their price expectations to the information flowing out from the market to its participants and into the market from outside sources. A seller who thinks that the price may be higher in ...
U.S. stocks jumped on Monday, extending gains from the previous week, on renewed risk-taking sentiment after the Group of 20 pledged to keep economic stimulus in place until a recovery was assured.
Oil rose well over a dollar to more than $79 a barrel on Monday after Hurricane Ida forced the shut in of U.S. oil and gas production and Group of 20 talks sent equities up and the dollar down.
Morgan Stanley is looking to sell its 34 percent stake in investment bank China International Capital Corp, the U.S. bank's China chief executive said on Monday.
Morgan Stanley is looking to sell its 34 percent stake in investment bank China International Capital Corp, the U.S. bank's China chief executive said on Monday.
Wall Street was set to open higher on Monday on renewed risk-taking sentiment after the Group of 20 pledged to maintain economic stimulus in place until a recovery was reassured.
The seasonally adjusted annual rate1 of housing starts reached 157,300 units in October. This is an increase from 149,300 units started in September, according to Canada Mortgage and Housing Corporation (CMHC).
French insurer AXA sought full control of its majority-owned Asian arm to get a tighter grip on the region's booming markets, and stuck with plans to grow in China in spite of regulatory obstacles there.
U.S. stock index futures pointed to a 1 percent gain at the open on Monday as investors took comfort from a pledge by the Group of 20 to keep economic stimulus in place until a recovery was reassured.
French insurer AXA bid for full control of its majority-owned Asian arm on Monday, seeking a tighter grip on the region's strong growth potential.
The dollar weakened broadly on Monday, pushing the euro above $1.50, after a weekend G20 meeting and U.S. jobs data last week did little to alter the view that U.S. interest rates will stay low for some time.
Stock index futures pointed to a higher open on Wall Street on Monday, with futures for the S&P 500 up 0.9 percent, Dow Jones futures up 0.8 percent and Nasdaq 100 futures up 0.8 percent at 5:10 a.m. EST.
U.S. stock index futures rose on Monday as investors took comfort from a pledge by the Group of 20 to keep economic stimulus in place until a recovery was reassured.
Oil rose more than $1 toward $79 a barrel on Monday after Hurricane Ida forced the shut in of U.S. oil and gas facilities, and on the outcome of Group of 20 talks sent equities up and the dollar down.
Stock index futures pointed to a higher open on Wall Street on Monday, with futures for the S&P 500 up 0.9 percent, Dow Jones futures up 0.8 percent and Nasdaq 100 futures up 0.8 percent at 5:10 a.m. EST.
Oil rose more than $1 to above $78 a barrel on Monday after Hurricane Ida forced the shut in of U.S. oil and gas facilities and the outcome of Group of 20 talks sent equities up and the dollar down.
Global stocks rose and the dollar fell on Monday after the Group of 20 pledged to keep stimulus in place until recovery was assured, following data on Friday showing the U.S. unemployment rate rose to a 26-year high.
Asian stocks and currencies rose on Monday on bets a surge in the U.S. unemployment rate to a 26-1/2-year high would force policymakers to keep many stimulus measures in place until an economic recovery spread further.
Asian stocks and currencies rose on Monday as investors bet that a surge in the U.S. unemployment rate to a 26-1/2-year high would force policymakers to keep many stimulus measures in place until an economic recovery was on more solid footing.
Advanta Corp , a small business credit card lender in the United States, said on Sunday it filed for bankruptcy protection after the economic crisis over the last two years devastated its small business customers.
Oil rose more than $1 to above $78 a barrel on Monday, recouping some of the previous session's near 3 percent loss, on fears a powerful hurricane would cut U.S. oil and gas supplies and also lifted by the falling dollar.
Kraft Foods Inc is expected to formalize on Monday a hostile takeover bid for Britain's Cadbury Plc valued at roughly 10.2 billion pounds ($16.7 billion), sources familiar with the situation said on Sunday.
Kraft Foods Inc is expected to formalize on Monday a hostile takeover bid for Britain's Cadbury Plc valued at roughly 10.2 billion pounds ($16.7 billion), sources familiar with the situation said on Sunday.
General Electric Co. and Comcast Corp have agreed on a valuation of around $30 billion for a joint venture between NBC Universal and Comcast, ironing out what has been a key obstacle in talks so far, a source familiar with the matter said on Sunday.