Trading in the forex market is a relatively straightforward endeavor that simply involves exchanging one currency for another. Furthermore, the recent availability of online forex brokers makes executing a forex trade for someone who already has an Internet connection as easy as downloading free forex trading platform software, opening and funding an account with an
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Investing
4 Tips for Beginner Forex Traders
February 13th, 2012EUR Comes off Two-Month High to Close Out Week
February 10th, 2012The EUR/USD came off a two-month high today, following fresh concerns that Greece could soon default on its debt. The pair spiked as high as 1.3322 yesterday, after Greece reached a deal on austerity measures late in the European session. Hopes tha…
USD Retreats vs. Riskier Currencies, Sees Gains against JPY
February 9th, 2012The US dollar saw a mixed trading day today, as positive news boosted risk taking in the marketplace which led to gains for currencies like the euro and British pound. News that the Bank of England will inject an additional 50 billion pounds to suppo…
US Unemployment Claims may Boost Dollar
February 8th, 2012The US dollar spent much of the day today range trading against most of its main currency rivals, including the euro, British pound and Swiss franc. Traders were hesitant to bet against the greenback ahead of possible news on a Greek debt swap deal. …
USD/JPY Continues to Make Gains
February 7th, 2012The US dollar extended its recent bullish run on the Japanese yen today, with the pair reaching as high as 76.85 before staging a slight reversal. In addition to a positive US jobs report from last week, the pair’s ascent was attributed to reports …
Dollar Remains Bullish to Start off Week
February 6th, 2012The US dollar was able to extend the boost it received late last week during trading today, as negative euro-zone news fueled risk aversion and sent investors to the safe-haven greenback. Greece’s inability to reach a debt-swap agreement with its c…
USD Rallies Following Non-Farm Payrolls
February 3rd, 2012The USD posted gains across the board on Friday, following the release of a better than expected US Non-Farm Payrolls figure. The US added 243K jobs in January, a significantly better number than the forecasted 150K. The positive jobs report resulte…
Negative Euro-Zone News Gives USD Temporary Boost
February 2nd, 2012Fresh concerns regarding Greece’s debt negotiations sent investors to safe-haven assets during the beginning of today’s trading session. The news resulted in the US dollar recouping some of its recent losses against the euro. The EUR/USD dro…
Dollar Continues to Tumble against Main Currency Rivals
February 1st, 2012The combination of better than expected euro-zone news and a poor US ADP Non-Farm Employment Change figure caused the USD to extend its bearish trend throughout the day today. The EUR/USD shot up well over 100 pips during the European trading session…
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Investing Term of the Day
In the context of a futures trading account, it is the value of the securities in the account, assuming that the account is liquidated at the going price. In the context of a brokerage account, it is the net value of the account, i.e. the value of securities in the account less any margin requirements.
