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Currency Trading - Video of Top World Business Stories

Foreign Currency Trading Explained

1. Forex trading, short for foreign exchange trading, involves the buying and selling of the many currencies of the world. It does not operate via a central exchange site, like traditional stock market trading. Forex trades around the clock 5 days a week. For complete information see Forex Education
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Video of Top World Business Stories
Top World Business Stories Japanese Economy is facing tough times as GDP has witnessed decline of 12.7% during the last quarter.
Source: www.groundreport.com

FOREX-Yen rises after G7 meeting, shrugs off Japan GDP
The yen rose against other major currencies on Monday after Group of Seven finance ministers made no specific reference at their weekend meeting to the Japanese currency’s strength.
Source: www.reuters.com

Telmex Internacional Q4 net seen dented by forex losses
Analysts see Telmex spin-off’s net profit declining by more than half in the fourth quarter.
Source: www.totaltele.com

FXstreeta s Mobile breaks 2,000 visits/day level
January 19th I announced here that FXstreet’s Mobile service in English had broken 1,000 visits/day level.
Source: blogs.fxstreet.com

Euro slips against dollar on recession data; G7 crisis talks
LONDON: The euro slipped slightly against the dollar on Friday after dismal eurozone data and as Group of Seven finance chiefs began a two-day meeting on the spreading global financial crisis.
Source: www.thepeninsulaqatar.com

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1 Comment so far

  1. Currency Daytrader00 on February 17th, 2009

    It’s anyone’s guess which way the currencies are going to respond to the G7. Decisions were made about which currencies will survive or not survive. The U.K. pound seems to be responding favorably to the meeting. The following article has more info on the Pound Sterling….
    http://www.currencynewswire.com/currency-trading#currency-trading

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