Xforex has developed it’s own unique proprietary trading platform. It is web based which means that you can trade from any computer, anywhere in the world with no downloading involved! The registration, funding and approval process is basic and straight forward. In short, Xforex has taken currency trading to a new comfort level for the online trader.
Monthy Forex Tip
The trend is your friend - Forex Trading with the trend is easier and you can expect nice returns in few hours. To maximize ROI (return on investment), trade with trend. Trading against the trend won’t necessarily mean losses but it will definitely require closer attention, sharp skills and nerves of steel.
Additionally, our friends at Xforex would like to help you with any and all Forex information. click here for more information.
Some questions will be discussed here, is the EUR headed Back to 1.60? and can the GBP remain in the levels of 1.97-1.98 and higher? The Vulnerabilities of the US Dollars The US Dollars weakened significantly this past week as rising oil prices revealed the vulnerabilities of the United States economy.
Oil prices are rising and the US dollar is falling, but is this the natural relationship between these two assets? Taking a look back at the two prominent oil shocks of the past four decades (1973 and 1979), we see that this is not necessarily the case. 1973 Oil Crisis: Initially Dollar Bullish, Eventually Dollar Bearish In 1973, oil prices jumped 134% when the members of the OAPEC, which is OPEC plus Egypt and Syria, announced that they were no longer shipping oil to nations that supported Israel in its conflict with Syria and Egypt.
A quick overview of the services by AVAFX Trading Platform AVA FX (AVA Financial LTD) is a forex broker based in Nicosia, Cyprus and was founded in 2006.
US dollar (USD) Exchange Rates
EURUSD | GBPUSD | USDJPY
1 EUR = 1.4381 USD
Dec 18 2009 04:25 ET
Using Currencies To Time Equity Moves
Apr 02 2008, 08:20 - 0 Comments
As many traders and analysts took the advantage of this growing correlation between asset classes to forecast movements in one market by analyzing the changes. However, while using the changes in equities to forecast price action in risk-sensitive currency pairs has grown in popularity, the reverse (using FX moves to anticipate changes in the equities market) has not.
Online Futures Trading
Aug 30 2007, 06:28 - 0 Comments
Online Futures Trading Just like with any other type of trading, there are risks that are involved with online futures trading as well.
Latest Forex news
Euro vs. US Dollar
Dec 17 2009, 12:53 - 0 Comments
The US Dollar went up dramatically higher as Asian markets responded to a positive interest rate statement from the US Federal Reserve, starting out a sign of stop orders that shifted EURUSD under the 1.44 mark for the first time since the end of August.