Currency pair

AlfaTrade account types and platforms also offering Islamic account The forex market is a large trading market involving currency trade. This fast paced market is dominated by central banks, wealthy individuals, hedge funds and other financial institutions. Advanced in technology has made it easy to trade currencies, as this can now be done online through a brokerage account. The greatest advantage of currency trading remains the facts that it is less volatile compared to commodity or share trading because fluctuations in currency pairs typically hover below 1%. The forex fluctuations are determined by factors such as international parity situation, asset prices and balance of payments. Depending on the size of your account, an astute currency speculator can take chances with his leverage to make meaningful movements in order to attain profitability. The other benefit is the ability to open and close positions in only a few minutes or weeks depending on your market read. However there are plenty of other opportunities which currency traders can use to make money. AlfaTrade is one of the key players in the global forex trade. Although the company maintains its headquarters in London, it operates several around the world. Due to its consistent growth and market reputation,…

1: To examine the extent to which oil and gas companies engage in foreign currency transactions and translations and the impact of such on profitability. Proposed Means to Achieve this Objective The research will involve an investigation into aspects of the oil and gas industry value chain affected by foreign exchange exposure using extant literature and peer reviewed journal articles. As part of analysis, the researcher will engage in an examination of form 20-F comments by selected…

2012 A BRIEF HISTORY The Forex, FX or currency market is the foreign exchange market. The Forex in its present form originates from 1973. However, it has been around, in some form or another, since the time of the Pharaohs. It is a market exchange for changing money from one form or currency to another. If you want to travel from one country to another, you would have to exchange money, and this is what the foreign exchange market does, it trades currencies. In 1973 the Forex market was…

According to Kahn “Once it had swagger. With a pedigree dating back to 1787, it was feted as the first currency authorized by the United States” (Kahn, par 1). The meaning of this is that the penny was once a cool coin. What made it cool or have swagger was the fact that it was one of the first currencies authorized by the U.S. Generally, things become cool or have swagger because they are the first to be created of its type. The penny should be kept because it is cool and one of the first…

within the Fed, is in charge of fixing the short-term interest rates. Its decision is based on forecasts but also the latest announcements regarding the main economic indicators in the US. The main indicators concern the labor, housing, consumption and production markets. The Fed policy on interest rates is, therefore, based on macroeconomic announcements and have a direct impact on the exchange rates between the US dollar and the other currencies. Indeed, when the FOMC decide to raise…

Forex merchants: People who make money. Others. What separates them? It's not the brain or the knowledge. So many smart people are losing money in Forex trading. Often the problem lies in the mismanagement of money - which delays the loss of trades too much or generates profits too soon. Successful traders have long lost Forex currency trading in the three commandments of Forex Trading. The first commandment: Calculate the risk-reward ratio The first thing to consider in forex trading is its…

money allows society the greatest amount of flexibility in purchasing items. That flexibility allows for people to choose what they want to buy from any seller or to choose not to buy anything unless it is absolutely necessary. Certain money is better than other types of money, in the early days of the United States, we had a gold backed currency. While other nations don’t and their currency is weaker than other nations. Money is the most important commodity because, it allows for greater…

flow of silver had many effects on the multitude of societies that participated. There were many economic effects, such as the heavy global economic involvement of many Asian nations in this trade (Documents 2,4,6,7,8) and greater monetary pressure in China during the Ming Dynasty (Documents 1,3,5), and some social nuances because of this trade, such as a greater European desire for Asian goods (2,4,8), but the economic effects had a greater historical impact because this was the first time a…

Germany had an effect on the Greek crisis, the economic characteristics of the EMU also majorly contributed to the Greek crisis. As described by Verde, many empirical studies in the early 1990’s showed the EMU would not be an optimal currency area. The conditions required by the traditional theory of optimum currency areas (OCA) for two or more countries to create an optimal monetary union, such as high degrees of labor mobility, fiscal federalism, financial integration were not met by EMU…

Darci Deakin A01679461 FCHD 4460 Budget Assignment Budgeting is a wonderful and essential key in managing your money. Yet, most people don’t take advantage of the benefits of living within a budget because it takes to much additional work, along with giving up and preventing yourself from enjoying some things in life. Having a budget has many positive aspects of keeping it. The first being, gives you control over your money. A common phrase is, budgeting gives you control over your money and…