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Forex trading is a term used to describe people involved in the effective exchange of foreign currency, usually for the purpose of profit or financial gain. That could take the form of speculators, who want to buy or sell money…

The volatile market conditions for USD/JPY rose to three years high above 114.00. USD/JPY extended its one-and-a-half-month rise, gaining 0.47% during the New York session, trading at 114.21 at the time of this writing. As the US financial index rises…

A major advantage of forex trading is that the forex market is open 24 hours a day, five days a week. Markets move based on news, so economic data is often the most important news for short-term movements. This is…

Forex brokers usually start with regulation in only one country. It is usually not easy to get such a license, especially in countries with stricter regulations. New brokers usually start with regulation in a single country and then seek licensing…

The EUR/USD pair turned north on Wednesday, but it must be said that the rally was fueled by broad selling pressure around the greenback rather than renewed euro strength. After the U.S. Bureau of Labor Statistics announced that the core…