Currency trading is the act of buying and selling (trading) different currencies of the world. The Foreign Exchange (or Forex) is the market that allows you to trade currencies in volume.
Currency trading is the act of buying and selling (trading) different currencies of the world. The Foreign Exchange (or Forex) is the market that allows you to trade currencies in volume.
On Monday Asian and American markets have faced a technology selloff and that surely shook up the traders, although European markets are on the rise. Oil crude is also feeling recovered and gold keeps losing the positions.
News from all around the world for traders.
With markets being relatively still at the end of the week there are different news from aroung the glode. Also, markets overview inside the article.
Commodity traders are the people who use crudes and other goods of nature to trade then for the goods of the same nature. The most often traded commodities are oil, gas, gold, coffee, tea and others. It is also possible to say that animals, animal products, metals and bio-fuels are commodities.
The basic feature of commodities is that there is no additional value to them. They are basically sold as they are extracted, washed or picked from the Earth. And, of course, commodities can vary in quality and value, but more or less they are similar, and it doesn’t matter who is the producer. Coming from different usage groups, commodities coming from the same group are interchangeable.
There is a possibility to trade futures for commodities as well. Standard amount of commodities used for trading is established by the marketers. For example, oil is sold by the barrels, precious metals by ounces and wheat by 5.000 bushels.
Today we dig into the popular rating of Donald Trump, Trudeau's efforts to safe NAFTA and other news from all aroud the world.
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Political news from around the world: Rex Tillerson gets fired from the Secretary of State position; political crisis between Russia and britain get new turns. News form the markets.