The pros of foreign currency trading

1. No 4pm trade closing time.

When you’re trading forex, you have 24-hours to do so from Sunday night to Friday night. This opportunity allows you to retract your moves and react immediately when a currency suddenly goes up or down. Breaking news are vital to forex trading. For complete information see Forex Education
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FOREX-Yen falls as fiscal yr ends; euro up on equity rally
The yen fell broadly on Tuesday as the Japanese fiscal year came to an end, while the dollar lost ground against the euro as some of the pessimism of the previous day ebbed to drive equities higher.
Source: www.reuters.com

Rupee ends low by 62 paise at 51.20 per US dollar
Mumbai, Mar 30 : The Rupee today closed weaker at 51.20 against US dollar with a loss of 62 paise from its last close of 50.58 on heavy purchase of dollars by exporters and oil sector and bearish phase on the Stock market.
Source: www.newkerala.com

Khartoum freezes dollars to Southern Sudan
The appreciating dollar against the local currency, is again hitting hard on the sales of Ugandaa s importers.
Source: www.monitor.co.ug

Update: Crown Forex has appealed FINMA’s decision (The Forex Market)
FXstreet.com (Barcelona) - Crown Forex has appealed to the Federal Administrative Court against the FINMA’s decision to liquidate its firm. The Swiss Financial Market Supervisory Authority (FINMA) took the decision on February 23rd.
Source: www.fxstreet.com

Foreign Currency Trading Explained

4. In addition, trading forex is also speculative, meaning, they are based on expectations on whether a certain currency would rise or fall, depending on current market conditions. It is risky business, but the returns have often proved themselves worth the risk. For complete information see Forex Education
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CME Forex, Financial Est Futures Volumes - Mar 30 (The Forex Market)
For today, in contracts.
Source: www.fxstreet.com

Stocks, rupee dwindle; gold shines
Mumbai : The stock market and the local currency went on sharp downhill journey on Monday with the Sensex losing about 480 points and the rupee dipping below 51-mark against the US dollar on concerns about further flight of foreign money out of the country’s capital markets.
Source: www.hinduonnet.com

Forex: USD/JPY test 97.60, currently above 97.30 (The Forex Market)
FXstreet.com (Barcelona) - USD/JPY has risen around 70 pips, from 96.81 to 97.52, in the last hour. Currently, the pair is trading between the 97.45/55 range.
Source: www.fxstreet.com

FINRA Forex Regulation
The retail forex market has long had large leveraging allowances, but this has now come under threat by FINRA, the largest independent securities regulating body in the United States.
Source: www.associatedcontent.com