Currency exchanges are built around buying foreign currencies. For example, buying Euros with dollars, on the expectation that the Euro will rise against the dollar, allowing you to sell it later (and recoup a profit).This type of pairing is called a currency pair, and the current price of a pair of currencies (how many dollars [...]
Posts Tagged ‘Exchange Rate’
Forex Trading – Understanding PIPS?
Posted by admin on April 17th, 2010
Posted in Articles 
Tags: Amount Of Money, Buying Euros, Currency Brokers, Currency Exchange Rates, Currency Exchanges, Currency Transactions, Currency Unit, Day Trader, Exact Ratio, Exchange Rate, Fluctuations, Foreign Currencies, Formula 1, Increments, News Item, Pip, Rate Exchange, Rise Against, Ten Thousandths, Thousandth 
No Comments »Trading Spot Forex – What Are the Advantages?
Posted by admin on March 28th, 2010
When you are involved in trading spot forex, or trading foreign exchange, you actually trade in the world’s currencies. To put it simple, you buy one country’s currency when its exchange rate is low, you sell another country’s currency when its exchange rate is high, and you make a profit.In the world of investing, spot [...]
Posted in Articles Tags: Automated Trading, Climate, Currency, Exchange Rate, Financial Institutions, Foreign Exchange, Forex Market, Forex Trading, Futures Market, Hundreds Of Thousands, Individual Investors, Money Making Opportunities, Money Market, Multinational Banks, New Money, Profit Trading, Spot Forex, Stock Market, Thousands Of Dollars, World Currencies No Comments »Understanding Forex Pips
Posted by admin on February 13th, 2010
Pips and ‘pips values’ represent one of the most misunderstood concepts in Forex trading. Newbies, especially, often have trouble grasping the idea behind pips — but, a solid understanding of pips is crucial to successful Forex investing.If you have had trouble with pips, then today may be your lucky day. I’m going to attempt to [...]
Posted in Articles Tags: Basis Point, Basis Points, Currency Pairs, Decimal Currency, Decimal Places, Exception To The Rule, Exchange Rate, Financial Instrument, Forex Markets, High Volume, Increment, Interest Rate, Japanese Yen, Lucky Day, Minute Shifts, Percentage Point, Pip, Ten Thousandths, Thousandth, Usd Jpy No Comments »