A Close Look at the euro currency As it stands today, the euro is the official currency of 19 of the 27 European member states. The currency is issued by the European Central Bank (ECB). Trailing only the dollar, the euro is one of the
A Close Look at the Swiss Franc Swissy The Swiss Franc Swissy is the only Franc currently issued in the European countries. The currency is issued by the Swiss National Bank and is used in Switzerland and Liechtenstein. The Swiss economy has long been considered
British Cable Pound (GBP) in 2021 The UK might be a small landmass, but it’s the world’s sixth-largest economy, and spectators have watched the British Cable Pound with interest for a while now. From the country’s adamant refusal to join the Euro Zone to the
A Close Look at the Japanese Yen GDP per capita is 22nd in the world, the Japanese Guppy Yen is the 3rd most valued currency in the world after the USD and EUR. The economy is very strong and quite diverse, with large exports in
A Close Look at the Canadian Dollar Although the Canadian economy according to GDP is only the 10th largest in the world, the Canadian Loonie Dollar is the 6th most held reserve currency. Just 8 currencies make up 80% of all trades in the forex
A Close Look at the US Dollar The United States Dollar is a powerhouse. Representing the world’s largest economy since 1871, the USD is the most widely circulated and traded currency in the world. This global dominance and the fact that it’s the world’s reserve
A Close Look at the Aussie Dollar The Australian Dollar AUD (Aussie Dollar) is quite a remarkable currency. Australia itself is not the largest or most prominent economy in the world. It’s not even in the top ten. But AUD is the fifth most traded
A close look at a relatively safe yet potentially risky forex trading strategy A big part of being a successful trader is eyeing the market and spotting opportunities before they fully develop. Catching a trend in its infancy gives you a head start on a
High volume means high liquidity in the world’s largest financial market Most Traded Currency Pairs – With an average daily trading volume of $5 trillion, the international currency market is by far the largest financial market in the world. Broken up into many markets around
No great opportunity comes without significant risk The forex currency trading market is full of chances. With every market turn, savvy traders have the opportunity to act quick and capitalized on price movements. But while a trade may look like a slam dunk from afar,
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