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The Seven Most Traded Currencies in FOREX.Currencies are traded in dollar amounts called "lots". One lot is equal to $1,000, which controls $100,000 in currency. This is what is known as the "margin". You can control $100,000 worth of currency for only 1,000 dollars. This is what is called "High Leverage". Currencies are always traded in pairs in the FOREX. The pairs have a unique notation that expresses what currencies are being traded. The symbol for a currency pair will always be in the form ABC/DEF. ABC/DEF is not a real currency pair, it is an example of a symbol for a currency pair. In this example ABC is the symbol for one countries currency and DEF is the symbol for another countries currency. Here are some of the common symbols used in the Forex: USD - The US Dollar There are symbols for other currencies as well, but these are the most commonly traded ones. A currency can never be traded by itself. So you can not ever trade a EUR by itself. You always need to compare one currency with another currency to make a trade possible. Some of the common PAIRS are: EUR/USD Euro / US Dollar USD/JPY US Dollar / Japanese Yen GBP/USD British Pound / US Dollar USD/CAD US Dollar / Canadian Dollar AUD/USD Australian Dollar/US Dollar USD/CHF US Dollar / Swiss Franc EUR/JPY Euro / Japanese Yen The listed currency pairs above look like a fraction. The numerator (top of the fraction or "left" of the / however you want to SEE it) is called the base currency. The denominator (bottom of the fraction or "right" of the /however you want to SEE it) is called the counter currency. When you place an order to buy the EUR/USD, for instance, you are actually buying the EUR and selling the USD. If you were to sell the pair, you would be selling the EUR and buying the USD. So if you buy or sell a currency PAIR, you are buying/selling the base currency. You are always doing the opposite of what you did with to base currency with the counter currency. If this seems confusing then you're in luck. You can always get by with just thinking of the entire pair as one item. Then you are just buying or selling that one item. Thinking like this will still enable you to place trades. You only need to be aware of the base/counter concept for Fundamental Analysis issues. So why is it important to know about the base/counter currency? The base/counter currency concept illustrates what is actually taking place in a Forex transaction. Some of you reading this, know that short-selling was restricted in the stock market *(Short-selling is where you sell a stock/currency/option/commodity first and then try to buy it back at a lower price later). But in the FOREX you are always buying one currency (base) and selling another (counter). If you sell the pair you are simply flipping which one you buy and which one you sell. The transaction is essentially the same. This allows you to short-sell with no restrictions. You want to be able to short-sell with no restrictions so you can make money when the market drops as well as when it rises. The problem with traditional stock market trading is that the market has to go up for you to make money. With FOREX trading you can make money in all directions. Omar Vargas; FOREX Trader and Freelance writer.
 MORE RESOURCES updated Wed. August / 21 / 2019What is forex trading and the role of a forex broker? The Voice Online FOREX TRADING may sound like something unique, but it is not as difficult to explain as most people make it. True, it is different than what you may be used to ... UPDATE 2-London forex trading turnover surges to record high Reuters Britain's daily foreign exchange turnover rose to a record high in April, the Bank of England said on Tuesday, as investors concerned about central bank policy ... Retail forex trading set to go live today Economic Times Mumbai: A new retail currency trading platform goes live today enabling thousands of small businesses to trade at market prices, possibly ending years of ... What you need to know about Forex trading The Standard There are many benefits and advantages of trading forex. Nevertheless, key among them is that there is no waiting for the opening bell. Analysis | How Iran Is Using Currency Reforms to Withstand Trump Washington Post U.S. sanctions are battering Iran's economy. They have all but stopped Western companies from investing in the Islamic Republic, sent oil production crashing to ... What you should know before you start trading forex The South African The burning question most newcomers to the forex market want to know is whether it's possible to make a decent living from forex trading. Maybe not even a ... How to be a forex expert ForexLive What is the forex market Anyone who has ventured into the real marketplace would definitely have an idea what a Forex is and share the this horizon can bring. The currency-trading scandal continues to dog the banks The Economist Banks are in the frame for Britain's latest collective-action claim. The Federal Reserve Bank: A Forex Trader’s Guide DailyFX The Federal Reserve System plays a significant role in the trading of currencies. Learn more about the US central bank, and how to trade Fed interest rate ... How to Trade Forex in Kenya Benzinga Interested in forex trading in Kenya? Learn how to participate in this market, rules and regulations, and the best brokers to use for forex trading. Currency Volatility: Canadian Dollar at Risk as Canada CPI Eyed DailyFX Canadian Dollar overnight implied volatility measures spike ahead of the potentially market-moving release of the July Canada consumer price index report. S.Korea's foreign currency trading rises in Q2 on increased volatility - Xinhua | English.news.cn Xinhua SEOUL, July 25 (Xinhua) -- South Korea's foreign currency trading rose in the second quarter on an increased volatility in the foreign exchange market, central ... How to Analyze Data for More Profitable Forex Trading Global Trade Magazine Successful forex trading is the art of being able to predict when currencies are going to shift in value in relation to each other... 6 Tips for Choosing the Best Broker for Currency Trading Online South Florida Reporter Forex is the world largest financial market. An average of 4.5 trillion dollars is traded each day. Unfortunately, unlike other financial markets such as stock trading ... Trade ideas thread - Monday 19 August 2019 ForexLive Good morning, afternoon and evening all. Big week coming up! Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share ... Canadian Dollar Price Targets: USD/CAD Bulls Eye Key Resistance Pivot DailyFX The US Dollar is targeting resistance near two-month highs vs Loonie with the long-bias vulnerable near-term. These are the levels that matter on the USD/CAD ... 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Best Forex Brokers in Mexico: Pros, Cons & Fees • Benzinga Benzinga Looking to trade forex in Mexico? Check out the best forex brokers to use, including how to participate the market and pros and cons of each. Asia stocks mixed as bond markets signal recession warning CNBC Shares in Asia were mixed on Thursday as the main yield curve in U.S. Treasurys inverted, triggering fears over the state of the U.S. economy. The secrets of trading with fundamentals Born2Invest Technical analysis often trumps fundamental analysis when it comes to analyzing the financial markets. Forex traders often use technical analysis because they ... Trading the News | James Stanley | Podcast DailyFX Learn about trading the news with DailyFX currency strategist James Stanley on Trading Global Markets Decoded. Clearcorp to launch forex trading platform for bank customers on Aug 5 BusinessLine Clearcorp Dealing Systems India Ltd (Clearcorp), a wholly owned subsidiary of Clearing Corporation of India Ltd (CCIL), will launch its forex trading platform, ... The Best Forex Brokers in Turkey (Updated 2019) • Benzinga Benzinga Looking to trade forex in Turkey? Learn how to trade, the best brokers to use for forex, and pros and cons of using each in 2019. Crude oil settles at $56.21 ForexLive Up $1.24 or 2.44% WTI crude oil is settling the day at $56.21. That is up $1.34 or 2.44%. The low reached $54.84. The high reached $56.30. ForexLive By Greg ... Broker with 10-year experience offers clear advantages ForexLive *Content* contributed by InstaForex If a customer chooses a provider with vast experience and a wide clientele, he or she relies on its apparent advantages. The Bank of Japan: A Forex Trader’s Guide DailyFX The Bank of Japan (BOJ) plays a major role in the trading of currencies. Learn more about Japan's central bank, and how to trade BOJ interest rate decisions. Yen, Swiss franc fall on optimism about central bank action CNBC The safe-haven yen and Swiss franc retreated against the dollar on Monday, as risk sentiment gradually improved after a week of turmoil on hopes that major ... Bitcoin has become an unlikely safe haven as global turmoil has rocked markets. But not everyone thinks t.. Business Insider Cryptocurrencies such as bitcoin are becoming more and more appealing to investors as safe haven assets as trade tensions and geopolitical forces whip glo... Bitsuns is a technology-driven digital currency trading website - Press Release Digital Journal Bitsuns is a technology-driven digital currency trading website, with its users across more than 100 countries around the world, and it is very popular among ... Young “Omnipreneur” Offers Artificial Intelligence Software to His Forex Trading Students Thrive Global You've heard of entrepreneurs before, right? Entrepreneurs are people who take huge financial risks in order to turn their great ideas into profitable business ... S&P 500 Price Targets: SPX Consolidation Levels – Technical Trade Outlook DailyFX The S&P 500 remains within a broad consolidation level just below a key pivot zone we've been tracking for weeks. These are the levels that matter on the ... Gold Price Outlook: XAU Pull Back to Fibonacci Support DailyFX The bullish run in Gold has continued and prices set a *fresh* six-year-high on Tuesday of this week. Gold prices have since pulled back to the Fibonacci level ... EDITORIAL COMMENT: A good start for bureaux de change Chronicle The parallel foreign currency market is illegal but over the past 19 years of biting forex shortage, it assumed a status of legality with companies pegging their ... Great frauds in history: Hannu Kailajärvi MoneyWeek Hannu Kailajärvi was born in Finland in 1972 and went on to complete a computer science degree at a technical college before dabbling in various ... US Dollar Retreats Awaiting FOMC Minutes MarketPulse The US dollar fell across the board against major pairs on Tuesday ahead of the central bank summit hosted by the Fed. The U.S. Federal Reserve will be ... How To Really Make Money in Forex Trading Pulse Headlines Forex trading by the retail public is increasingly becoming popular nowadays. What was once a territory of giant financial organizations, businesses, and banks, SMEs warned to protect against currency fluctuations RTE.ie Less than half of Brexit-exposed businesses that operate with turnover of less than €10 million have hedging strategies in place to protect against currency ... Currency war: It appears that remains more of a potential risk than a reality – Charles... Forex Crunch Jeffrey Kleintop, Senior Vice President, Chief Global Investment Strategist at Charles Schwab points out that despite many rate cut around the world. Hedging in Forex Trading Tradimo Hedging is a topic often asked about by advanced learners. In this article, we want to clarify whether and when it makes sense to take a closer look at the ... EUR/CHF Outlook: SNB Steps up Currency Intervention DailyFX Since EUR/CHF has broken below the 1.1000 handle, the Swiss National Bank has stepped up its currency intervention in order to curb the appreciation in the ... Forex Trading for Beginners Yahoo Finance Forex trading can be an exciting and lucrative activity, but it can also be tough, especially for beginners. Newcomers underestimate the important of financial ... U.S. banking regulator approves simpler 'Volcker Rule' ban on proprietary trading Kitco News WASHINGTON (Reuters) - A U.S. banking regulator announced Tuesday he had approved a final rule simplifying the “Volcker Rule,” which restricts risky ... EUR/USD technical analysis: Fiber capped below 1.1090 resistance in the New York... Forex Crunch EUR/USD is on the back foot near 2-week lows. The levels to beat for sellers are the 1.1067 and 1.1027 supports. EUR/USD daily chart On the daily. US Dollar May Rise vs Nordic FX From Trade Wars, FOMC Minutes DailyFX The US Dollar may extend gains against Nordic FX if risk aversion from US-China trade tensions is exacerbated by the release of FOMC and ECB meeting ... Gold retreats from daily highs, continues to trade above... Forex Crunch Wall Street pushes lower following three-day winning streak. 10-year US Treasury bond yield fails to break above 1.6%. US Dollar Index finds resistance. Maltese crypto exchange ceases trade next month Newsbook CGEX, the Maltese subsidiary of the South Korean crypto-currency exchange Coinone, is to end trading next month. An announcement on their website last ... AUD/USD technical analysis: Aussie trading at daily lows ahead of RBA... Forex Crunch The Aussie is losing ground ahead of the release of the Reserve Bank of Australia (RBA) Meeting Minutes. The level to beat for bears is the 0.6760 level. Weekly Gold Price Forecast: Into the Jackson Hole Vortex DailyFX Traders shouldn't be surprised if gold prices spend most of the week trading sideways ahead of the Federal Reserve's Jackson Hole Economic Policy ... GBPUSD Price Outlook Fragile as Boris Johnson Heads to Europe DailyFX UK PM Boris Johnson is off to Europe for meetings with French President Emmanuel Macron and German Chancellor Angela Merkel with Sterling traders ... CBK warns against online forex dealers Business Daily The Central Bank of Kenya (CBK) has again warned citizens against unauthorised foreign-exchange trading as analysts asked for a ban on third-party ... GBPUSD Rate Rebound in Focus as RSI Climbs from Oversold Territory DailyFX Recent price action in GBPUSD raises the scope for a larger correction as the Relative Strength Index (RSI) bounces back from oversold territory. Australian Dollar Price Action Eyes August RBA Minutes DailyFX The Australian Dollar has potential to swing during Tuesday's trading session as the currency market reacts to the release of the August RBA meeting minutes. Crypto exchanges in South Korea prone to Bankruptcy Forex Crunch 97% of the county's domestic exchanges are prone to bankruptcy due to low trading volumes. South Korean startups are allegedly seeking to list their coins. Barclays assess Brexit impacts: GBP, house prices to fall, inflation to rise and a recession ForexLive A few snippets from Barclays on what they see the impact of a no deal Brexit - GBP fall - trade barriers - rate cuts from the Bank of England - a housing market ... Loonie Trading On A Positive Footing This Morning Action Forex For the 24 hours to 23:00 GMT, the USD rose 0.41% against the CAD and closed at 1.3327. In the Asian session, at GMT0300, the pair is trading at 1.3321, with ... Forex Week in Review DailyForex.com Sterling has staged a mini rally against the other major currencies. There is no fundamental reason for this other than the increasing political (opposition) ta. Indian Apex Court Grills RBI over Bitcoin Trading Ban newsBTC The courtroom battle between India's bitcoin exchanges and the central bank appears to go in favor of the former. In a hearing today, the Supreme Court. Currency Trading for Beginners Benzinga If you're new to currency trading – look no further. FOREX.com is one of the world's largest forex brokers. Account holders get competitive pricing, award-winning ... OpenBazaar Developers Launch a Crypto Marketplace for Mobile CoinDesk OB1, the developers behind the online decentralized marketplace and currency trading platform OpenBazaar announced a mobile counterpart called Haven. Future Returns: The Risk and Reward of Foreign Currency Exchange Markets Barron's While most advisors recommend leaving the foreign currency exchange market to the pros, individual investors are increasingly entering the market as ... Trade currency pairs: your guide to trade currency pairs Capital.com Currency trading takes place on the foreign exchange, or forex, market. The forex (abbreviated as FX) market is a global decentralised market for the trading of ... Forex trading – what are the best currencies to trade? Capital.com In the world of currency trading, an essential fact is frequently overlooked, which is that foreign exchange rates are reference numbers, not expressions of ... Apply "the secret" to forex trading success ForexLive What's "the secret" behind successful traders? The Forex market is the largest trading network in the world with $1.8 trillion dollars being exchanged every day. Forex Trading Philippines Benzinga If you live in the Philippines, trading in the forex market has its own set of rules. Learn how to trade, and the best forex brokers to use for 2019. Venezuela loosens currency exchange controls to allow forex trading Reuters CARACAS (Reuters) - Venezuela will allow local banks to open foreign currency trading platforms as part of a loosening of the OPEC nation's exchange controls ... Best platform for Forex trading Augusta Free Press Forex or as most people know it, foreign exchange, is a decentralized world market where people can trade, buy or sell currencies. Forex Trading Opportunities for the Week Ahead [Video] FXStreet About the Author Sam Eder is a currency trader and author of "The Definitive Guide to Developing a Winning Forex Trading System" and ... VertoFX raises $2M for its African and EM currency trading platform TechCrunch VertoFX, an Africa and emerging markets-focused currency trading and payment startup, has raised a $2.1 million seed round, led by Accelerated Digital ... AUD/USD Forex Signal DailyForex.com AUDUSD: 0.6746 area remains pivotal. Last Thursday's signals were not triggered, as none of the key levels identified then were reached yet. A Detailed Look at Forex Trading Kalkine Media In simple terms, forex trading, is the currency trading. It is one of the most liquid and traded financial markets in the world, with transaction volume exceeding $ 5 ... Is forex trading profitable? Capital.com Want to learn how to make money on forex? Find out the major factors to consider and learn how to profit from forex trading. The Twilight Trading Hour Strikes Currency Markets Again The Wall Street Journal There is a fragile spot in the $5.1 trillion currency market: early morning in Asia. This one- to two-hour period when U.S. traders are heading home—but market ... Why Forex Trading is growing 7NEWS It might come as a surprise that foreign exchange is not a 'relatively' new means of trading. Here are some reasons why retail forex trading is growing. Are forex trading signals for you? ForexLive What you need to know about signals from UBCFX Foreign exchange or forex is defined as the exchange of a nation's currency for that of another is. Overall, the ... Never lose hope in currency trading business Rocky Mountain Collegian Sponsored *Content*: Never lose hope in currency trading business A good trader will know about the right kind of performance in the business. It is very. FX Trading - Currency Trading FXTM Discover the details of foreign exchange, currency trading, currency pairs, forex market hours, forex trading fundamentals, trading signals and more. | FXTM ... What is Forex Trading? Complete Beginner's Guide MoneyCheck Forex is the art of buying or selling one currency for another - Find out more in our complete guide to Forex Trading for Beginners. A Guide to Trading Forex in Canada Benzinga Looking to trade forex in Canada? Read our guide to learn about the rules, regulations, and the best brokers to use in 2019. Shaving Milliseconds Off Currency Trades Could Make Singapore Billions Bloomberg Follow Bloomberg on LINE messenger for all the business news and analysis you need. Singapore is grabbing an opportunity measured in milliseconds to win a ... Forex Trading – What You Need to... Forex Crunch Forex trading is popular with many people because you do not need to make a large investment to get started. However, while it's certainly possible to. Learning the basics of forex trading The Financial Express You need to invest through a Sebi authorised broker to ensure that your forex trading actions are legal. A Guide to Forex Trading in Hong Kong Benzinga With FOREX.com, you will get competitive pricing, award-winning customer *service*, actionable data, and powerful trading platforms to help you make the best ... Forex Trading Tools Benzinga FOREX.com is one of the world's largest forex brokers. Account holders get competitive pricing, award-winning customer *service*, actionable data and powerful ... Forex trading: Understanding account types and differences ForexLive Instaforex: See what different account options are available to FX traders There are a number of different account types available in the FX sphere and this article ... Learn the Basics of Trading Currencies FX Empire Learning the basics in currency trading is not complicated. Building your own strategy to make and making it work is a different story. Forex Vs Stocks: Top Differences & How to Trade Them DailyFX Learn the main differences between forex and stocks to understand the best market to trade based on your trading style and strategy. What Are The Benefits Of Forex Trading? ValueWalk As already mentioned, Forex trading does not cost a lot of money if you are beginning, especially when compared to equity markets. How to Start Forex Trading in South Africa: A Complete Guide • Benzinga Benzinga Learn more about how to start trading forex in South Africa, including what you'll need to start and the best forex brokers. Must Know Essentials about How to Do Forex Trading The Costa Rica News Similar to any other business, forex trading has become a fast adaptable industry for both investors and entrepreneurs. Fortunately, not much is needed to. How to Trade Forex | Forex Trading Examples IG Bank Follow six steps to easily start trading forex. See forex trading examples, learn how FX markets work and find out what you need to do to place your first trade. 5 Tips for Investing in Currency | Investing 101 U.S. News & World Report Currency can help balance a portfolio but investors must be careful. How to Trade Forex - and Is It Worth the Risk? TheStreet.com Trading currencies is an enormous part of the world market. Here's how it works and whether it's worth the risk....VLKAF. How Does Forex Trading Work? FinSMEs Forex trading is one of the most profitable money-making options — a successful trader can double their investment in 6 months. However, it is also extremely ... Forex traders fret as sleepy markets slow to calmest in years Reuters LONDON (Reuters) - The $5.1-trillion-a-day foreign exchange market is suffering more than most from central bank decisions to move in tandem and keep ... A Guide to GDP and Forex Trading DailyFX GDP (Gross Domestic Product) economic data is deemed highly significant in the forex market. GDP figures are used as an indicator by fundamentalists to ... Forex trading volumes fall 9.6% to $1.62 trln in May - CLS Nasdaq LONDON, June 10- Average daily foreign exchange trading volumes fell 9.6% year-on-year in May to $1.62 trillion, CLS said on Monday, as calmer. Best Forex Trading Software Benzinga Forex trading is an around the clock market. Benzinga provides the essential research to determine the best trading software for you in 2019.
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