Economic Conditions: Gold and Interbank Forex

Current economic conditions in both the US and Europe have caused a slowdown in the sale of gold by banks. Sales of gold by European banks are expected to be lower this year since banks are trying to mitigate the risks of paper assets....

Forex Markets and World Events

World events have a profound effect on Forex markets. What seem to be minor events can cause currencies to rise and fall. Forex traders must stay well informed about events in several categories....

Succeed In Global Forex Trading

The global Forex market is the largest and most liquid market in the world. One of the primary reasons for the current economic crisis is due to the lack of liquidity in the world's marketplace....

Interbank Forex and the US Bailout

In a move reminiscent of J.P. Morgan's attempt to salvage Wall Street in 1929, billionaire investor Warren Buffett invested 5 billion dollars in Goldman Sachs Group Inc....

How Did The Wealthy Forex Traders Become So Successful?

Not many forex traders manage to achieve full financial independence through trading the forex markets but a small minority of people do actually manage to make money from this occupation. In fact some people have become millionaires through forex trading, so how did they achieve this feat and what qualities do they possess?...

What is the Trend Followed in Forex Trading?

Trend in real terms may be defined as trading in the direction of trend, thus ignoring the trading signals which are directing against the current trends. The trends would remain friendly until the traders treat them as friends and not doing anything against their will and desires....

Forex Converter - the Facts Behind the Numbers

Most Forex converters are pretty straightforward and easy to read. Currencies are usually traded in pairs and most Forex Converters give current quotes in pairs....

Interbank Forex, WaMu, and the Bailout

The failure of the Bush administration and Congress to reach an agreement by weeks end the seizure of Washington Mutual (WaMu) is sending ripples through financial markets worldwide....

Reasons for US Opposition to Bailout

There are many reasons politicians oppose the bailout of Wall Street and financial institutions. Some are based on ideology, and many politicians are responding to constituent opposition to the bailout....

What Is a Forex Converter?

Simply put, a Forex Converter is a program that gives the value of one currency against another in real time. There are literally thousands of converters online all with the same function....