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August 15 2013

FAQ: What is the best Foreign Exchange (Forex) platform out there?

FAQ: What is the best Foreign Exchange (Forex) platform out there?

I’m thinking of going into the Forex market but I’m doing my research first. Which one do you think is the best and why?

www.goldsenze.com Answer:

It’s not depend on platform its depend on best quotas means not repeat quotas. Platform doesn’t matter the thing matter is price movement where its headed.

look one for that offers low spreads.

If you traded in the Forex market before or if you’re still trading now, you may have heard the term Forex broker a lot of times. However, as an individual t…

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  4. FAQ: Could you teach me a manual forex trading systems that can work best on marketiva platform? – goldsenze.com

July 26 2013

FAQ: In the day-to-day foreign exchange market what type of market participant demands the euro?

Q&A: In the day-to-day foreign exchange market what type of market participant demands the euro?

1. In the day-to-day foreign exchange market what type of market participant demands the euro? What type of market participant supplies the euro?

2. For few months, prior to your vacation trip to Germany, you find that the exchange rate for your U.S. dollar has decreased relative to the euro. If you were a U.S. citizen or resident, are you pleased?? Explain

3. Explain why a currency appreciation does not improve a nation’s balance of trade

Answer:

(1) Daily turnover in ForEx markets is over $ 4 trillion. About 40% of that, or $ 1.6 trillion is in euro trades.

http://en.wikipedia.org/wiki/Foreign_exchange_market

With a world annual GDP of about $ 61 trillion and so a daily GDP of about $ 0.16 trillion, the daily euro trade is about 10 times what is needed to actually buy the entire world GDP.

That means that at least 90% of the euro trades are for pure speculation – not for real hedging or use.

(3) If by “improve a nation’s balance of trade” you mean “increase exports and decrease imports”, the currency appreciation does not. But if you mean “bring exports and imports back into balance”, then when you have a trade surplus, it does improve the balance.

(2) If your currency is weaker, it means the other country’s products are more expensive.

Related posts:

  1. Q&A: How can I enter the Foreign Exchange Market?
  2. Q&A: What are some good books that explain the foreign exchange market? – goldsenze
  3. FAQ: What is the best Foreign Exchange (forex) Platform trading in 2009?
  4. Can someone explain the ForEx market in laymen’s for me? – goldsenze

July 19 2013

Q&A: How can I enter the Foreign Exchange Market?

FAQ: How can I enter the Foreign Exchange Market?

I would like to enter the Foreign Exchange Market but I realy know very little about it. Does anyone know where I could get some accurate information (e.g.: websites)? Are there any good books I should take a look at? What about the Forex programs advertised on the television? Are they worth looking at or are they just a waste of money?

goldsenze.com Answer:

Enter a web search for “forex trading” and a number of sites will come up that do currency trading.

Interactive Brokers will set up an account for you to do currency trading.

Related posts:

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  2. FAQ: What is the best Foreign Exchange (forex) Platform trading in 2009?
  3. Q&A: Where can I find a foreign exchange trading account without a 30 day time limit on it?
  4. Want to know about on-line foreign exchange trading and its scope? – goldsenze.com
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