The Forex market is a unique one. It is unique for many different reasons. It is the biggest market on the globe with anywhere between 3 and 5 trillion dollars traded every day, depending who you ask.
Monthly Archives: November 2009
Dollar Ends Mixed Across G-10 Commodity Currencies
The Dollar ended the week mixed across the G-10 with commodity currencies advancing while the remaining G-10 currencies suffered minor losses. Global Equity Markets finished the week in positive territory although Futures are pointing towards a slightly lower open.
FOREX: Last Week In Perspective
Last week was a second straight good one for the world’s major stock markets with all indices gaining ground over the course of the week, except for the Nikkei. In Europe, the FTSE put on almost 3% of its value, closing at 296.4; the CAC was up by 2.66%, closing at 3806.0; the Dax closed up by 3.6% at 5686.8.
Money Management in Forex Trading
Many Forex traders have difficulty understanding that their occupation involves a tremendous amount of risk. Good Money Management skills are essential in order to cope with this very serious problem.