As the markets adjust to the minute by minute updates concerning the Euro, the jpy yen to usd value is affected. The US dollar was softer earlier this week due to an enormous degree of optimism by traders looking to gain higher yields in the market. Since we are all inherently optimists the markets are…
The Forex investment platform is considered by many to be the ultimate way to gamble and invest money. The Forex trading is based upon global currency and its value from day to day. There are a number of signals that can be used to learn more about whether a particular currency is going to go…
. The currency market has remained the world’s largest and most liquid market, with trading running into trillions of dollar daily; anyone can get involved and start making money off this market, especially when trading the Yen, USD and Euro. For the newbies who are just getting started in the market, it is essential…
Understanding Support and Resistance Indicators Understanding some basic forex support and resistance indicators can be a good way of establishing a trader in the study major support and resistance levels. So many traders out there are void of indicators that can give them information on support and resistance points. This article is poised to reveal…
USD – It has been another roller coaster week in the Forex market with quickly altering sentiment and poor economic data in the United States. The passing from the Greek confidence election provided a brief sigh of relief with poor data from China and also the Euro. Other setbacks in US unemployed claims, pressed sentiment…
The dollar dropped probably the most inside a month from the yen following the June payrolls report which demonstrated that companies added the fewest jobs in nine several weeks and also the unemployment rate elevated towards the greatest level this season.
EUR The Greek confidence election looks susceptible to pass tonight, and could create passage within the budget bill right before the final outcome of June. Although this should really be considered a knee jerk positive for the EUR, the worry is that because this allows the following tranche in the present bailout to be compensated…
Forex Market Trading – Understanding the Forex Market Forex market trading is a derivative of the foreign exchange. The foreign exchange market now known as the forex market or fx has not been around for many years. It originated in the early 1970’s when the United States stopped using the gold standard. When…
Due to structurally low interest rates in Japan and Switzerland, the yen and the franc often served as funding currencies, used by speculators to borrow in lower rates and invest the proceeds in higher-yielding currencies and other assets such as gold, oil, and equities. Both the yen and franc have commanded interest rates lower than…