Euro Continues Climb Versus Franc (Nasdaq)
Low margin requirements: Margin is referred to as the collateral needed to facilitate a deal. In Forex trading, this is usually a very small portion of the entire deal, say 1% or 1:100. For example, if your margin is $100 (1% of the entire Forex deal in this case), you could control $10,000 of currency contracts. However, margin is a "double-edged sword." Without the proper use of risk management tools (that is, stop-loss and take-profit orders), you can experience substantial losses as well as gains.
Euro Continues Climb Versus Franc (Nasdaq)
(RTTNews) - The euro has continued to gain against the Swiss franc on Wednesday in New York and has moved to a six-day high. The European currency rallied again in afternoon trading, adding to gains from the morning.
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US Dollar Down Versus Euro (Nasdaq)
(RTTNews) - Extending the gains posted in late New York trading on Tuesday, the US dollar trended higher against the European currency in the Asian deals on Wednesday, until it touched as high as 1.3450 by about 9:40 pm ET Tuesday.
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Hyundai Motor India awarded Premier Trading House status (IANS via Yahoo! India News)
Chennai, Aug 21 (IANS) India's largest car exporter and second largest car manufacturer Hyundai Motor India Limited has been awarded the 'Premier Trading House Certificate'.
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Hyundai Motor India awarded Premier Trading House status (Calcutta News)
India's largest car exporter and second largest car manufacturer Hyundai Motor India Limited has been awarded the 'Premier Trading House Certificate'.
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Greenback Sees Mixed Trading In Early Deals (Nasdaq)
(RTTNews) - The US dollar saw mixed performance during early deals on Wednesday. The greenback was down against the euro and the pound but it strengthened against its Japanese counterpart. Versus the Swiss franc, the buck slipped towards the end of the Asian deals but has reversed the losses lately.
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China, India, Indonesia, Philippines: Asia Local Bond Preview (Bloomberg.com)
Aug. 21 (Bloomberg) -- The following events and economic reports may influence trading in Asian local-currency bonds today. Yields are from the previous session.
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Euro Strengthens Against Major Counterparts (Nasdaq)
(RTTNews) - The euro saw strength on Wednesday in New York as traders considered data from the European Central Bank showing that the Euro zone current account showed a surplus of 5.9 billion euros in June after back-to-back months of decline.
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Aussie Gains Against Greenback And Yen, Sees Choppy Trend Versus Other Majors (Nasdaq)
(RTTNews) - In the Asian deals on Wednesday, the Australian dollar gained ground against the Greenback the Yen. But the Aussie largely showed choppy trading versus the Euro and the Canadian dollar.
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Taiwan Q2 current account surplus 4.98 bln usd vs revised 4.51 bln (The Forex Market)
TAIPEI (XFN-ASIA) - Taiwan registered a current account surplus of 4.98 bln usd in the second quarter to June, up from a revised surplus of 4.51 bln a year earlier, the central bank said.
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Demand for Carry Trades Remain Low at Current Levels (AME Info)
The foreign exchange and currency markets are finally feeling the fallout from yesterday's sharp move in Treasury bill yields.
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Euro Continues Climb Versus Franc (Nasdaq)
For business persons, Forex trading offers a substitute to stock market trading. Here are not many choices as stock market, just have to choose from the few chief currencies such as the Dollar, Yen, British Pound, Swiss Franc, and the Euro are the most accepted and popular. Forex trading moreover offers a lot more influence than stock trading, and the investment of smallest amount to get on track is a lot minor. Besides that the aptitude to pick trading hours according to your flexibility (as it goes 24 hours a day) and now you may learn that why stock traders have jumped to trade currencies.
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