Forex Trading Guide - Spot Forex Section

Welcome to Forex Trading Guide

Article

Garret Belisle

How BIG is it? The GOLDEN question...

A few things I forgot to mention in the previous post, my apologies.

As mentioned previously Forex is where traders buy and sell currencies (of all nationalities) with the hope of a profitable outcome, when the market changes in their favour. How do this happen? This can happen for many reasons such as :

Global Market News.
Daily Events, out of the norm.
Or a combination of the two.

The Forex Market is the largest market in the world with a daily reported volume surpassing 1.8 trillion, making it one of (if not the) most exciting opportunities for trading in any market, especially the currency market.

So, again, if you are serious about getting into the trading business, more to the point the currency trading market and getting involved in a 1.8 trillion daily volume it is most definitely in your best interest to take a look at investing some time and effort in learning and growing, and best of all you don't have to go it alone.

There are alot of options out there, just make sure to either find a proven financial advisor to maximize your profit and minimize your risk.

Until next time.

Garret

www.forex-traders-choice.blogspot.com

About the Author

Garret Belisle is the author of a blog designed to help you on your way to home ownership, and some helpful tricks on down payments and credit repair. You can view the site here at http://www.gbcmortgage.blogspot.com. While your there make sure to sign up for the weekly updates on the bottom left corner to keep up to date with all of the latest advice.

Spot Forex News

spot forex

NEW YORK, Oct 6 (Reuters) - The euro tumbled against the U.S. dollar on Monday, falling below $1.35 to a fresh 13-month low, as concerns over the health of the European financial system increased. The euro dropped as low as $1.3475, according to ...

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FOREX-Euro falls below 1.35 against U.S. dollar - CNBC

Oct 3 (Reuters) - The Reserve Bank of India released the following data on turnover in the Indian forex market for the period from Sep 15 to Sep 19 , 2008 (All figures in $mln). PURCHASES ----- Merchant FCY/INR FCY/FCY Spot ...

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RBI data on Indian forex turnover: SEP 15 to SEP 19 - Reuters India

LONDON, Oct 6 (Reuters) - The euro was pummelled against major currencies on Monday as concerns for European financial sector health increased without signs of a coordinated policy response, while the yen spiked as investors cut risk exposure ...

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FOREX-Battered euro sinks, yen soars as crisis bites - CNBC

SEOUL, Oct 7 (Reuters) - One-month forward contracts for the South Korean won fell 3.2 percent against the dollar in overnight trade, traders said on Tuesday. The one-month won was last quoted at 1,311/15 per dollar, compared to the dollar/won's ...

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S.Korea won NDFs down 3.2 pct overnight -traders - FXStreet.com

SEOUL, Oct 7 (Reuters) - South Korea's top regulator played down talk of a foreign exchange crisis similar to the one swept Asia a decade ago as the won currency sank to a 7-1/2-year low on fear the country's banks could succumb to global financial ...

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WRAPUP 1-S.Korea plays down crisis talk as won hit 2001 low - FXStreet.com

LONDON, Oct 3 (Reuters) - The dollar eased from the previous session's searing rally on Friday, but was poised for its best weekly gain versus the euro in the single currency's lifetime after the European Central Bank opened the door to rate cuts ...

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FOREX-Dlr pauses rally; spotlight on US bailout, jobs - Reuters

LONDON, Oct 3 (Reuters) - The dollar took a breather on Friday but was still poised for its biggest weekly gain in 16 years after a tumultuous week that saw the European Central Bank moderating its tone on inflation risks. The market was also ...

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FOREX-Dollar pauses after rally, eyes on bailout vote - Forbes

KUALA LUMPUR, Oct 7 (Reuters) - Malaysian shares are set to fall further on Tuesday amid fears that the credit crisis will lead to a global recession, which have already spurred heavy selling across the global markets. "We won't be any different. We ...

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Malaysian stocks to fall further with global markets - Reuters

Oct 06 - EUR/USD Could Fall Further As the Credit Crisis Reaches Europe Oct 01 - Euro Could Fall Further After Tomorrow's ECB Meeting Sep 22 - US Dollar Bullish Opportunity Against the Euro Sep 19 - Currency Trading Conditions Are Likely to Improve ...

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EUR/USD Could Fall Further As the Credit Crisis Reaches Europe - DailyFx

LONDON, Oct 6 (Reuters) - The euro was pummelled against major currencies on Monday as concerns for European financial sector health increased without signs of a coordinated policy response, while the yen spiked as investors cut risk exposure ...

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