Forex Trader News

According to forex dealers, the US dollar has shown a decreasing trend against the Taiwan dollar this Friday by lowering down to NT$0.065 to be closed on NT$28.795. This is said to be the result of the strenght that most of the Asian currecies are holding presently. The losses incurred to the US unit against [...]

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Forex reserves in Karachi have jumped up to the highest point and had settled itself at an amount over $18 billion basically from the support of multilateral loans obtained from the Asian Development Bank and World Bank amounting to $400 million. The core level of reserves in the country stands at a range of $11 [...]

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In a recent survey of people involved in trading foreign currencies it has been discovered that the investors name forex trading as a gamblers game. This opinion is formed due to high risk involved in the business while offering high profits at the same time. It is seen that even after total wipe out of [...]

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You might be foreign to the new term forex trading robots that is making rounds of the market due to its unusual working capacity and ease of operation. These trading robots are nothing but online software’s that manage the forex trading of the user according to his choices. This is a step ahead in new [...]

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Despite of the earlier speculation of the Bank Negara Malaysia that it might increase the overnight policy rate (OPR), the ringgit closed at a higher rate as against the US dollar according to the forex reports isuued on the seventh of this month. However, the central bank of the country, announced a hike in the [...]

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A record increase in the foreign exchange reserve this week to help stablize the prices in Ramazan, which is going to start in the beginning of next month has been seen, analysts said.   Pakistan’s foreign exchange reserves have risen and settled at a range of $18 billion by the end of this week in [...]

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This week’s data from the Bangkok Sentral Pilipinas reported that the gross internaional reserves increased by 42% and settled at $68.997 billion at the end of June which was previously recorded at $48.704 billion in the same period last year. This increase in the GIR figure has made the central bank of the country reconsider [...]

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According to a report of Weekly Statistical Supplement issued by the Reserve Bank of India this week, India’s FX market rosed $315.75 billion showing an increase of $6.695 billion. This $6.695 billion increase in the forex reserves is a 65 per cent raise in the cummulative amount of $10.229 billion of the FX reserves since [...]

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Trading in currencies is not an easy game and requires lots of homework and technology to stay in the race. Following this theme a survey was conducted to detect the possible reasons of loss at forex according to traders. The unanimous reply was in favor to the lack of market analysis techniques other than more [...]

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A new definition of co-relation of trend and economy has been developed in forex market that states the investor’s behavior towards investments. Trend generally sets in when a group of investors overcome others in selling or buying. This trend is closely followed by each investor in order to make profits from the business. The second [...]

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