And that's basically what Forex trading is all about. It means trading certain countries' currencies against each other. Similarly to the above example, you can trade USD for yen, Euro, HUF, AUD, CAD, etc. or any other combination.
What Is Forex Trading All About? : The Wise Directory
Source: www.wisedir.com
Read more...
A graphic view of the US labor market
The NY Times had this nice neat graphic view of the decline and bergening recovery in the US labor...
EUR/USD extends losses as S&P;downgrades Republic of Ireland
EUR/USD is down at 1.3815, seeing accelerated losses in the wake of the news that S&P rating agency have moved to lower Ireland’s long-term sovereign credit rating to AA from +AA, outlook negative. S&P said “We have lowered the long-term rating on Ireland because we believe that...
Costco Tops Estimates in Q2, Rose 10% Year-Over-Year
Costco (NASDAQ:COST) Q2 reported EPS of $0.90, better than analyst estimates of $0.87 per share. Revenues for the quarter rose 10% year-over-year...
FOREX VIDEO - Pre London Outlook September 2nd 2009
Hey everybody, for this presentation I expand on yesterday’s Euro Pound analysis and then use this information to explore some trade opportunities for the Euro USD and Euro Yen. This is some very simple technical analysis to follow, basic price action, fibs and a trend following trade plan for...
Week Ahead Market Report: February 6, 2012
Investors are ringing in the new trading week sending stocks lower on concerns Greece will be unable to avoid default as it tries to negotiate...