Month: December 2010

By Sourav Sharma

When there are countless ways of making money from the market, you will be certainly spoilt for choices. Many investors consider forex trading as one of the most lucrative sources of making money. You need no big money to start your venture here; all you need to know is the value of currencies which you want to trade besides their changing value in sync with market conditions.

And you should know the currency exchange rates, which is a very important aspect of forex trading. To get the currency exchange rates, you can use the online calculator available in many a financial platform including few non-financial online sites. If you are a forex trader, it is advisable that you buy a currency exchange calculator software so that you can use it to your advantage. Never allow your emotions to get the best out of you; consider facts and real market situations, set a strategy and follow step by step accordingly. Successful forex traders always go by the trends, keeping a close watch on the changing values of currencies which are affected by the respective economies. They never take decisions going by their emotions.

Another routine activity that the forex trader should be involved in is watching currency exchange news. Consider reading the news at a news portal; at a reliable platform where news get published faster than other platforms, you can get the A-Z of information about currency exchange news concerning nations across the world. It is not only for forex traders that currency exchange rates or currency exchange news holds importance. International traders, businessmen, especially those who are involved in imports and exports including travelers who travel to places around the world for one reason or another such as leisure or business, should be well conversant with the currency exchange rates so that they are not duped. Besides using the currency exchange calculator getting updated with currency exchange news will well serve their purpose.

There are financial institutions that function at the national and international level to facilitate people for currency exchange. If you are visiting the USA, you can get US dollars against the rupee at such an institution.

About the Author

Sourav Sharma is freelance market analyst and is writing reviews articles and gives you updates on Currency Exchange Rates, current news, gives you Currency Exchange News, business news, entertainment news, bollywood news etc.Read more at in.reuters.com.

By Sourav Sharma

The concept of common people becoming investors, thereby shareholders of companies, became popular when the Bombay Stock Exchange (BSE) witnessed nascence and started operations 135 years ago. No wonder with the growth of the capital market, India emerged as one of the most balanced economies in the world. It has been the BSE that has played an instrumental role in changing the economic scenario of India. The recent recession, that badly affected world economy but not fully taking India in its grips, stands testimony to the fact. And whatever downtrend was noticed is in a fast recuperation stage; thanks to the RBI measures and efforts of the government.

BSE sensex (Bombay Stock Exchange Sensitivity Index), measuring a section of the stock market, especially of BSE listed companies and shares started in the year 1986. It was in the year 1990 that the BSE sensex for the first time touched the four-digit figure closing at 1,001 owing to superb corporate results and a good monsoon. And since then there has been no looking back. With time, the figures increased touching the 2000 mark in the year 1992 and witnessing a further rise to 4000 the same year itself. The year 2006 saw the sensex index exhibiting the 10,000 mark, the greatest milestone being achieved with 21,000 in January 2008. There were major ‘ups’ and little downs in the history of the sensex index. Major crashes were seen on May 22, 2006 with the sensex plunging by 1100 points during intra-day trading. This led to the suspension of trading for the first time since May 17, 2004. Other major crashes include fall by 615 points on 1st August 2007 owing to the effects of the subprime crisis in the USA, tumbling by 717.43 points on October 18, 2007 due to participatory notes issue, plunging by 1,408 points on January 21, 2008 and consecutive falls thereafter until it reached the below 10,000 figure. Currently, at above 17000, the BSE sensex is all geared up to soon pick up its lost glory.
Considered the pulse of the Indian capital market, the BSE sensex, also termed sensex India, happens to be India’s first benchmark index on the stock market. Whether it is exchange traded funds (ETF) or futures and options, everything is listed in the BSE. The Sensex India index is calculated on a free float capitalization method of shares readily available for trading.

About the Author

Sourav Sharma is freelance market analyst and is writing reviews articles on Sensex, BSE Sensex and Sensex Index.

USDJPY consolidated below 84.40 previous high resistance and pulled back to as low as 83.45 level. Another rise to test 84.40 is expected later today, a break above this level will indicate that the uptrend from 80.30 has resumed, then further rise to 85.50 area could be seen. Support is at 83.45, only break below this level could bring price back to 82.00 zone.

Daily Forex Signals

By Prema De Silva

The shortened word of Foreign Exchange is Forex, which alludes to the market where currencies are traded worldwide. When looking at volume traded, the foreign exchange market is the largest in the world with 1.2 trillion pounds traded day after day.

The New York Stock Exchange on the other hand, merely trades a cash volume of about 27 billion British pounds each day. Which makes the NYSE look very small in comparison.

The two markets differ in size exceedingly. Through the years, more along with more individuals are turning their interest to the forex market.

This is because the forex market is so accessible by any individual with a broadband connection in addition to a computer. have begun to capitalize on this by educating interested people for free through their a variety of seminars and online courses.

This is done to sway the client that they are the perfect company to conduct with. While some brokers do a good job with their seminars, many choose to focus on the amount one can earn from forex trading instead of explaining the mechanics trading itself.

The Foreign Exchange Market is accurately a global behemoth that is available twenty-four hour a day for trading by everybody with the finances to buy as well as sell currency pairs. No one market encompasses the foreign exchange. Rather, the Forex Market is made up of a numerous smaller markets that inter-connect to make up the market. Most of the traffic however, go through the main financial centers. The larger ones are made up of Zurich, London, Tokyo in addition to of course, New York.

The three requirements that verify an important financial center are accessible capital, political stability as well as strong base of professional talent. There are a variety of products designed to allow the buying in addition to selling of financial instruments on the foreign exchange market. Some of the more popular products include options, futures in addition to spot forex.

The most popular product among online forex traders is undeniably spot forex. The forex markets finish the day in New York (North America) while starting life in Asia.

This occurs 5 days out of the week, with the exception of major holidays. The weekends are when traders rest as they are not allowed to trade during those days. Extremely high leverages are available to customers by all the top forex online brokers.

As such, traders can trade in volumes far surpassing their accounts funds. Unfortunately, this also spells doom as this allows the Forex beginner to quickly lose their deposits on one or two bad trades.

About the Author

The writer of this article also has a website that deals with Forex and in particular Forex Trading. Other topics revolve around all things forex related.

By Jeremy Winters – The world of forex trading has been one that has been at the front of investor awareness for a number of years now. That is partly simply because this asset class is different from other assets, like stocks, bonds and real estate, as the ebb and flow of forex rates is not linked to the general economic cycle. This will mean that investors in the forex market can expect to see results through both the boom, and the bust, of regular asset classes.

Nevertheless, one of the key challenges with forex trading, specifically when it’s focused on the technical approach to trading, is the fact that it needs a whole lot of attention. In an effort to make money from the forex price cycles, you must trade over brief time scales, commonly minutes or hours, and pay close attention. That can be an extremely thrilling and gratifying approach to earning income – but it could be a difficulty for people with much less time on hand.

There is yet another strategy, on the other hand, that lies outside of the standard forex broker over-the-counter market – forex futures trading. That is a form of trading foreign currencies that predates a lot of the recent small investor currency trading activity. Forex futures trading takes place on futures exchanges, in which lot sizes, tick sizes and price quotes are understood to be part of regular contracts.

Profits and losses are produced in the same way, through marking of prices agreed to the existing market rate, with both realized through your margin account. But the benefit of making use of the futures exchange is that you can put on trades that are long-dated and utilize them for a building block for more sophisticated methods.

This suggests that instead of chasing after smaller price changes over brief time periods, frequently intra-day, you are able to more easily make long-term plays over the course of weeks, months, and even years. This approach to forex trading much better fits a fundamental analytical approach where you might be looking at exactly how dollars will play off in opposition to yen due to longer term economic variables. This can be a lot less time intensive for you to follow day-to-day. You’ll still have to perform in depth analysis before placing trades; and also you will have to have a rather good comprehension of the economic fundamentals of the global economy. But when you have placed long-date forex futures trades, you’ll be able to monitor them at your leisure, over the agreed contract length.

You can actually also put together a lot more advanced trading methods, particularly in combination with foreign currency options. You can create trading risk profiles which are centered around certain time sensitive points. Or you can even make the most of increased or decreased volatility in the foreign currency markets. So if foreign currency trading is on your investment horizon, forex futures trading is an investment vehicle you must definitely look into.

About the Author

Are you interested in using a futures trading platform? Be sure to visit my site to learn more about commodity future trading and get the information you need to be successful.

By Prema De Silva

Currency Trading has emerged as the fastest growing investment to date. The currency markets have been seeing ever growing participation from investors that are seeking to diversify their investment portfolios. Let us look at the currencies themselves to better understand the currency markets.

Currencies are traded in pairs rather than alone in the currency exchange. Buying or selling currency pairs involve the purchase or sale or one currency against another. The a large amount general currency pairs are often given nicknames by currency traders. The nearly all well-liked nicknames consist of Fiber (Euro/Usd), Swissy (Usd/Swiss Franc) and the cable (Pound/Usd). Currency pairs that see the the majority trading are practically always one of the major pairs such as Eur/Usd, Australian and New Zealand crosses as well as the Yen crosses. Outside the majors, we have what are recognized as exotic currency pairs such as Usd/Huf, MXN/Jpy and so on and so forth. Exotic pairs also generally have very high spreads.

When you buy the Eur/Usd currency pair, you are in fact buying the Euro and selling the American dollar. Assuming you bought a currency pair, the appreciation of the first currency in the pair means a profit for you. A depreciation of the first currency against the second one means a profit if you sold the pair. This is how money is made in the currency markets.

Finding a broker that offers exotic pairs is difficult a most of the interest in this industry are on the major pairs. Forex brokers that do offer exotics normally charge very high spreads per trade. The spread differs according the forex broker in question. The competitive nature of the online forex trading market ensures that the vast majority of major forex brokers charge more or less the same spread on pairs that are popular. Spreads after all, are a means to attract new traders to their brokerage firm.

While there are a wide assortment of brokers offering their services online, the most common brokers are made up of Fxcm, Interbankfx and Oanda. They all have low spreads and they are trustworthy as well as reputable. Between them, Oanda is perhaps the only one that offers the widest mixture of currency pairs. Nonetheless, all of them are good online forex brokers.

About the Author

Prema De Silva operates a finance based portal forex trading , as well as being a real estate agent for 15 years now, but her my true passion lies in marine aquariums. His website deals with many forms of investment such a the bonds market, stock trading, forex trading and mutual funds.

By Suzanna Hardaway

Travelers often exchange currencies, which is a familiar activity. Around the globe, there are literally scores of different currencies. Learning some currency exchange tips can help you make the most of your spending.

Below we will list several chief areas where you may exchange money. We will also advise you of some issues that may occur from these methods of currency exchange offered.

1. Airlines – At the airports, traveler desks are set up for exchanging currency. Exchange rates are included, which are often higher than other exchange services. Most airports charge higher rates, which may cost up to 20% of the amount exchanged. These are convenient locations for travelers. It is often easy to make transactions and the location is convenient. If you do not mind paying higher rates, the airport is one location to exchange currencies.

2. Local bank institutions – Bankers offer exchange services. Most banks offer better rates than the airports. Most bankers charge fees based on the trade value. One of the problems with dealing with banks, however, is the hours of operation. You can only make exchanges during open hours. Another problem is that banks may not be able to offer currency exchanges in large amounts.

3. Debit and Credit Cards – Debit and credit cards offer you the fastest way to exchange currencies. Most times the exchange rates are competitive and you can get exchange services anytime. Travelers should, however, contact their credit card or debit card service to let them know that they will be traveling abroad using their card to ensure that the security is not deactivated.

4. ATM machines offer you easy ways to exchange cash. Talk with your bank about fees that may exist for using ATM machines outside of your area.

Thus, you have several ways to exchange currencies including airlines, banks, credit and debit cards, and ATM machines. These are the most widely used services. However on the Web, you will find links that guide you to discovering more ways to exchange money from the currency exchange tips offered.

Banks offer the safest solution. Banks offer a wide range of currencies including Yens, Sterling, Canadian money, and many more. By exchanging currencies at the bank, you fill out forms and sign each check in front of a cashier. You can keep the checks, and if one gets lost, it would be easy to replace it.

You can visit banks in the area in which you plan to travel to exchange cash as well. For more information on currency exchange tips, we recommend that you surf the internet where you will find guides, currency trading agencies, financial institutions, and other sources that offer currency exchange.

About the Author

Would you like to learn to trade Forex? For some great Forex secrets and strategies that will help you in your trading, be sure to visit my site.

By Prema De Silva

Forex Trading just means buying or selling currency pairs with the intention of making a profit through the forex market. Most people know the foreign exchange as a market where currencies are exchanged.

This exchange can be profitable if done in big volumes. It is pretty comparable to the stock market. Always buy low, always sell high. A profit is gained by price movement in or against your favor. Now let us look at ways currencies are traded.

All currencies on the forex market are traded in the form of a currency pair. For illustration, the Euro/Usd pair which is just the Euro Dollar against the American Dollar. Or the Gbp/Jpy pair which is the British Pound versus the Japanese Yen.

Why is this done? In a pair, the value of a currency can be known. This comparison between two currencies allows us to determine if a currency has risen or dropped in value. They can be paired not just with other currencies but with commodities as well such as silver and gold. Let us understand currency pairs a bit more. The In any pair, the currency seperated to the left is called the base currency while the one on the right is known as the quote currency. In the case of the Eur/Usd, the base currency would be Eur while the quote currency would be Usd. What takes place when a trader buys a pair is the buying of the base currency against the selling of the quote currency. The opposite happens should you sell the pair, you sell the base currency and buy the quote currency.

When a trader buys the Eur/Usd, the trader is buying the Euro and selling the American dollar. The opposite happens when you sell the Eur/Usd, buy the Us dollar and sell the Euro. In forex trading, this happens with all pairs. Let us look at how we profit from forex trading with pairs. If the price of a currency pair start to rise, what is happening is the rise in value of the base currency over the quote currency. If price drops, the base currency is losing value against the quote currency. Any profits are losses in forex trading are directly linked to the fluctuating value of the two currencies.

Imagine you put a buy order on the Gbp/Jpy when it touched 150.00. This means you are backing the British Pound (Base currency) to rise in value over the Japanese Yen (Quote currency). Let us further assume that the price rises to 150.50. This would mean that you are making a 50 pip profit minus whatever spreads the broker charged you for the trade. Pips are like points in the stock market, they are a way to measure performance. It stands for price index position.

Assume the gbp/jpy went in the opposite direction instead. Lets say it dropped to 149.50. You would now be making an unrealized loss of 50 pips plus the spread. I mention unrealized because your account will not reflect the loss or profit until you close the trade. This is how traders make or lose money in forex trading.

About the Author

The topic of Forex Trading and Forex are both covered along with forex brokers, and the top forex indicators in the forex trading community.

By Sourav Sharma

With investors now seeking returns in emerging economies and with India emerging as the second fastest developing economy in the world, foreign investors’ count has increased like never before. FIIs looking for investment opportunities find the Indian markets very lucrative; this is evident in the inflow of foreign funds resulting in the sensex touching 20,893 points, its highest ever, surpassing the earlier highest close of 20,873 points recorded on January 8, 2008. Well, the regular uptrend is not what the sensex index always displays. After much hype being created, the BSE sensex declined sharply once again by 848 points.

This temporary fall is because of all-round selling led by realty, banking, PSU and metal sectors owing to weak industrial output data. Another reason of the BSE sensex slide is because of a plunge in the Chinese market owing to growing conjecture of yet another interest rate hike by its apex bank. If demand in China loosens, then Asian exports including Indian exports are expected to suffer, thus resulting in the sensex downslide. There are more reasons put forward by market analysts for the fall of the sensex index. Another group claims it to be a knee-jerk reaction to the behavior of markets abroad.

Volatility rules every now and then; but yes, the downtrend witnessed is negligible. It is natural for novice investors to panic and get excited with the rise and fall of the BSE sensex. Wise and expert investors do not panic. The temporary downslide is because of short term market factors. Yes, market analysts have also predicted of the Sensex Index to cross the all time high recently exhibited in no time.

If you read financial news, and compare the industrial growth trend compared to a year ago, you will find a great difference. The present market is surely at an upscale. During September 2009, slowdown was 8.2 per cent and in the current September, it is 4.4 per cent.

Follow set rules based on the market trends. As novice investors, you should be able to endure well enough the amount of loss incurred.

About the Author

Sourav Sharma is freelance market analyst and is writing reviews articles and gives you updates on sensex, current news, gives you
bse sensex, cricket news, entertainment news, bollywood news etc.Read more at in.reuters.com.

By Sourav Sharma

Currency exchange is not only related to forex trading but also international trade purposes, traveling, etc. The value of a currency differs from one nation to another. It is only through currency exchange rates that you will come to know the rising or lowering value of a particular currency. And currency values do not remain static; these are subject to change based on international market fluctuations. No matter whether you are a traveler or an international trader or a forex trader, staying updated with currency exchange news will let you know about the changing values of currencies. There are tools available for purchase as well as free online calculators on web, using which you can come to know about the currency exchange rates of your preferred nation. Web portals that deal in information related to business and finance do run currency exchange calculators for the benefit of the users. Even a financial/business news portal runs such a calculator. It hardly takes seconds to get the values by using this converter. All you need to do is select the currency that you want to convert as well as the preferred converted currency.

Currency trading is as all the rage as stock trading and both the segments are almost same in trading features with the latter involving more risk. Seeing the lucrative opportunities in currency trading, more and more investors are choosing this platform. It is one of the most popular and revenue generating sectors in the world. It is the buying and selling of currencies that is the base of this trading venture.

The rate at which one currency is exchanged for another currency is called currency exchange rate. For example, you are traveling to USA; there you will need dollars for transaction purpose. Your Indian rupee won’t work there! What you will have to do beforehand is approach a bank or an agency that deals in currency exchange, and accordingly get the money exchanged. But you may not get the equal amount owing to the difference in currency exchange rates. And today’s value may not be same as yesterday’s or tomorrow’s, as it is subject to change. This very fluctuation is generated by a number of factors such as industrial production, inflation, geopolitical events, etc. It is currency exchange news that will keep you updated about the changes in value.

About the Author

Sourav Sharma is freelance market analyst and is writing reviews articles on Currency Exchange Rates, Currency Exchange News and Stock Market.