Currency Trading
The Failue of a Venerable Wall Street Institution
Lehman Brothers was originally founded in 1850 by two cotton brokers in Montgomery Alabama and has since grown into one of Wall Street’s investment giants. On September 15, 2008 Lehman Brothers filed for bankruptcy protection in the largest bankruptcy filing in the history of the United States. Like many other Wall Street firms affected by […]
Effects of a Future Recession on Forex Markets
Forex markets are wondering if the overwhelming passage of a revised bailout bill will have any influence on the House when the projected vote takes place Friday. No matter what action the house takes it is sure to make for a wild weekend in global markets including Forex markets. The US dollar currently is higher […]
Exciting Forex Opportunities For You
Since the Forex markets have no central location and conduct business using various electronic platforms investors in the UK enjoy the same opportunities as traders around the globe. Forex opportunities can be accessed from anywhere with internet service. Historically modern Forex markets came into existence with the Bretton Woods agreement which established rules for commercial […]
The Bush Bailout Plan and the Forex Market
On Wednesday night the President of the United States, George W. Bush, addressed the nation concerning the proposed bailout of United States banks and tottering financial institutions. Reactions to the proposed bailouts were mixed and even some Republicans criticized the administration’s proposals. President Bush urged for the immediate passage of the bailout plan stating that […]
Financial Crisis: Playing the Blame Game
Most Americans believe the current financial crisis was caused by subprime mortgages and falling house prices but the root causes are much deeper. Despite the passage of a $700 billion dollar bailout bill there is a crisis of confidence in the US dollar and the US economy. Since World War Two the US has been […]
Forex Trading: Survival of The Fittest
“Survival of the fittest” has no better application than in Forex trading, especially for individual traders. It’s every-man-for-himself in the markets. Either you show up with your A-game or you’re going to lose money in the markets. Those that are ‘fit’ thrive, while those that aren’t struggle to survive.
Forex trading is highly […]
What Is Interbank Forex?
The forex market is one of the largest, if not the largest market with up to two trillion dollars traded daily. Unlike stock exchanges the interbank forex market is not a centralized market. In a centralized market like the stock exchange there is a central every transaction is recorded by price and volume.
The forex market […]
Interbank Forex and Free Markets
Forex is one of the only free markets today where the classic principles of supply and demand are paramount. The interbank forex markets enjoyed by investors today were launched in the 1970’s with the introduction of free exchange rates. While there are many other factors that can affect the value of a given currency the […]