Category Archives: Currency Market

European Central Bank is expected to raise rates 25 basis points on Thursday.On monday European stocks posted small gains,this expected increase in rates had boosted single currency against the dollar.By 0800 GMT, the Stoxx Europe 600 index was up 0.1% at 280.34. London’s FTSE 100 gained 0.2% to 6019.97, Frankfurt’s DAX was up 0.2% at 7191.22 and Paris’s CAC-40 was … Continue reading →

Forex trading means buying and selling of currency in the international market.More than 3 billion euros are traded every day on the foreign exchange market. A huge market in which individuals can participate.Any Forex transaction includes the buying and selling foreign currencies at the same time. The most commonly traded currencies in forex are U.S. dollar (USD) Euro (EUR) British … Continue reading →