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The foreign exchange market, also known as the FX/forex/currency market, can seem like a complex beast. In this enormous and liquid market, trillions of dollars change hands every day.
Forex trading is the act of buying one national currency while selling another. The exchange rate for these currencies is constantly changing due to supply and demand.
Foreign exchange, or forex, traders speculate on changing exchange rates by converting large sums of money from currency to currency, much like stock traders buy and sell different stocks.
Currency futures consist of exchange-traded derivative contracts on specific currency pairs with standardized future delivery dates, associated option contracts and typically rather large lot sizes.
India's foreign exchange reserves fell for the third straight week to $695.49 billion for the week ended July 18, according ...
Currency pairs are stated in the format: ... In foreign exchange the transaction costs are the bid/ask spreads. Trading commission, like those charged in the stock market, ...
Currency trading is not always easy to understand. Fortunately, Stocks in Translation Host Jared Blikre is here to help. In the video above, Blikre explains the difference between forex and ...
India's foreign exchange reserves fell to $695.489 billion in the week ending July 18, a decrease of $1.183 billion. Foreign ...
A deputy chief of Pakistan's spy agency met currency exchange firms this week to address a sharp slide in the rupee, ...
For example, when looking at the EUR/USD, the Euro is the base currency, and the dollar is the counter currency. If the exchange rate for this pair is 1.10, it means that 1 euro is equal to 1.10 ...
India's forex reserves decline to $696.67 billion, with major drops in foreign currency assets and gold reserves.