The Istanbul Stock Exchange was established on December 26, 1985 for the purpose of ensuring that securities are traded in a secure and stable environment, and commenced to operate on January 3, 1986. The ISE has contributed to the development of Turkish capital markets and Turkish economy since the date of its establishment.
Established as per the Governmental Decree in Force of Law (KHK) No.91, the ISE is a public corporation operating as an autonomous and professional institution. The ISE is entitled to issue legal regulations related to the subjects and fields within the scope of its authority.
The General Assembly comprising of the ISE Members is the supreme decision making body. The Executive Council of the ISE comprises of the Chairman and four members. While the Chairman is appointed as per a tripartite decree, members of the Executive Council and auditors are elected by the General Assembly of ISE.
Hüseyin ERKAN was appointed Chairman&CEO of the ISE on November 2, 2007.
Sunday, November 22, 2009
Lahore Stock Exchange
Lahore Stock Exchange was established in October 1970 and is the second largest stock exchange in the country with a market share of around 12-16% in terms of daily traded volumes. LSE has 519 companies, spanning 37 sectors of the economy, that are listed on the Exchange with total listed capital of Rs. 555.67 billion having market capitalization of around Rs. 3.64 trillion. LSE has 152 members of whom 81 are corporate and 54 are individual members.
Activities of Lahore Stock Exchange (LSE) have increased significantly in all operational areas since its inception. Over the years, LSE has successfully met various challenges and has now emerged, fully geared and positioned to aggressively compete with its fellow Exchanges, contributing towards the growth of Capital Markets in Pakistan.
Activities of Lahore Stock Exchange (LSE) have increased significantly in all operational areas since its inception. Over the years, LSE has successfully met various challenges and has now emerged, fully geared and positioned to aggressively compete with its fellow Exchanges, contributing towards the growth of Capital Markets in Pakistan.
Islamabad Stock Exchange Towers
The Islamabad Stock Exchange (ISE) was incorporated as a guarantee limited Company on 25th October, 1989 in Islamabad Capital territory of Pakistan with the main object of setting up of a trading and settlement infrastructure, information system, skilled resources, accessibility and a fair and orderly market place that ranks with the best in the world. The purpose for establishment of the stock exchange in Islamabad was to cater to the needs of less developed areas of the northern part of Pakistan.
The ISE Towers comprise twin 22 storey towers with unique and inspiring amenities, offer futuristically and aesthetically designed offices with panoramic views, is being constructed over a piece of land measuring 5600 square yards in the heart of Islamabad at Jinnah Avenue (Blue Area) which is the hub of all business and commercial activities in Islamabad. The building is facing 400 feet wide Jinnah Avenue on one side and has another entrance from 100 feet wide Nazimuddin Road, besides breathtaking scenic view of the Margalla Hills and the city from the building.
Wednesday, November 18, 2009
Lowboy Semi Trailers
Lowboy trailers, also known as low bed trailers, are utilized for loading and transporting heavy equipment. The capacity for hauling starts at ten tons to 100 or even more. This is the ideal solution for hauling farm equipment, or construction machines such as tractors and excavators. They are designed to work well in field conditions for convenient loading and unloading heavy machinery and equipment.
There are many types of lowboy trailers available from leading manufacturers. The size and weight capacity needed should be determined by the specifications of the haul and what the continued use will be. They are also available in a variety of colors and custom paint jobs to suit individual preferences. Identify what field conditions will be present before deciding on the model best suited.
Fontaine makes a 46’ lowboy trailer with a capacity of 35 tons. This model includes ramps for easy loading and unloading of equipment. The same manufacturer makes a 55 ton model for heavier machinery. Lowboy trailers can be fixed neck or detachable with beaver tail or tilt bed options. Determine the conditions in which loading and unloading will occur to determine what options are best. Researching different manufacturers will allow ideal selection. Manufacturers such as Trail King, Talbert, Aspen and Liddell all make lowboy trailers.
Excavator An Commonly Used Heavy Machinery
Excavators heavy equipment used in civil engineering and surface mining. An excavator, also called a 360-degree excavator or digger, sometimes abbreviated simply a 360, is an engineering vehicle consisting of a backhoe and cab mounted on a pivot (turntable is a more apt description) atop an undercarriage with tracks or wheels. The term excavator is sometimes used as a general term for any piece of digging equipment.
Roles of Excavators
Excavators used in many roles:
1- Digging of trenches, holes, foundations
2- Demolition
3- General grading/landscaping
4- Heavy lift, e.g. lifting and placing of pipes
5- River dredging
6- Mining, especially, but not only open-pit mining
7- Brush cutting with hydraulic attachments
Choosing a Machinery & Equipment Appraiser
Locate a professionally accredited appraiser before disclosing any confidential or sensitive information. Ask other types of appraisers for references if necessary. Verify that the professional designation is the result of testing and other significant criteria, and requires continuing education. The designation is evidence that the appraiser is a professional and serious about his profession. Some non-professional appraisers provide this service only as a sideline or part time, and are limited in scope regarding valuation theory and methodology. Avoid an appraiser who implies advocacy, or who bases his fee on contingencies such as percent of value or outcome of transaction, as these are normally considered unethical within the profession.
Define the appraisal question, property to be appraised, premise of value, how the appraisal will be used, possible implications to third parties, etc. A competent and accredited appraiser will maintain a professionally confidential relationship, so do not withhold information. If the appraiser is well informed, he should be able to provide a firm quotation and proposal prior to engagement.
Define the appraisal question, property to be appraised, premise of value, how the appraisal will be used, possible implications to third parties, etc. A competent and accredited appraiser will maintain a professionally confidential relationship, so do not withhold information. If the appraiser is well informed, he should be able to provide a firm quotation and proposal prior to engagement.
Construction and Mining Machinery Equipment - Market to Exceed
The construction and mining machinery/equipment market is in the midst of a consolidation phase, as acquisitions and strategic partnerships are still continuing after a spurt in the consolidation wave of the nineties. The highly competitive industry has maintained price levels in the moderate range with slight fluctuations, over the last few years.
Nearly 4.8% growth is likely to be registered in the global construction investments by the year 2012. India and China are expected to grow at a healthy rate that is way above the average global growth rate. In terms of volume sales, United States is the largest regional market with an estimated share of 26.56% of the global unit sales in 2007. The new trend in US and Europe to combine a mini-excavator with a skid steer loader for optimum performance is one of the reasons behind the demand for mini-excavators. In terms of volume sales, skid-steer loaders represent the largest product segment in the United States with sales projected to exceed 71 thousand units for 2009. Sales of construction and mining machinery/equipment in Europe are projected to exceed 195 thousand units by the end of the year 2008.
Leasing Heavy Construction Equipment
The leasing company contracts the construction company to lease the equipment and pay for it monthly over a fixed time frame of typically two to five years. The lessee will sign the contract for the type of lease that caters to their financial capabilities. The lease can also depend on whether the lessee wants to own the equipment at the end of the lease term or “return” the equipment to obtain a more up-to-date replacement.Used Construction EquipmentDespite an ever-changing economy, equipment leasing might provide a simple solution to grow your business. Think: Fair Market Value Lease, Dollar Buy Out Lease and Commercial Leasing.
Capital is key in order to operate a successful business, especially when the economy is as fickle as it is today. The heavier your cash flow, the greater amount of growth your company will experience. This is especially relevant in the construction industry. For all types of construction, the goal is to complete projects in accordance with plans and specifications, on time, within budget, and at the lowest possible cost. A construction company’s success and failure could very well depend on adding a fourth crane to your garage.
Production Heroes: Crawler Dozers
Steep hourly cost makes operating efficiently more important to crawler dozers than most other construction equipment. The cost is largely associated with undercarriage wear, so the best dozer operators make every move count whether they’re doing production earthmoving, finishing or clearing land.Some of the best ideas for improving dozer productivity defy operators’ assumptions.
“A lot of operators who are doing production dozing think they should make long cuts. They want to see dirt boil or roll in front of the blade,” says Brad Van De Veer, senior product consultant at Caterpillar’s Edwards Demonstration/Application Center. “In reality, the blade will only hold so much dirt. Once it’s full, you start losing dirt off both sides of the blade, leaving windrows that will have to be moved again. It wastes horsepower and fuel, and it can cause track slip andUsed Dozers For Sale undercarriage wear.
Discount - Used Heavy Construction Equipment
If you’re looking for extreme savings on your heavy-duty gear, but you’re understandably unwilling to sacrifice any quality, you need to check out the selection at Texana Machinery. We maintain a large, rotating inventory of durable, well maintained, top brand used heavy construction equipment. Our easy to navigate website makes it simple to see exactly what’s available at both our San Antonio and Austin dealerships. We’ve worked very hard to offer used heavy equipment for sale at some of the most competitive prices in our industry, so it’s worth your time to explore the site and take a look for yourself. And if you’re searching for brand new supplies, you won’t be disappointed here either. You’ll find great rates on pristine gear - everything from a Case backhoe or crawler dozer to Takeuchi excavators. It’s our aim to exceed your every expectation, so you know you can shop with confidence when you’re dealing with Texana Machinery. While you’re here, please take a moment to bookmark our site. That way, it will be easy for you to return for all the most current information on pricing and availability of reliable pre-owned machines!
Bulldozer Is A Multi Utility Engineering Equipment
When ever we imagine a site where there is demolition work going on the first equipment that comes into our mind is bull dozer. These bull dozers are engineering equipments which are fitted with a blade.
Many contractors prefer to buy used heavy bulldozer machinery for sale which are well equipped with tracks which enables them to work on muddy or rough terrains. These tracks offer stability while they move on sandy or muddy terrain. The tracks of the dozers are usually wide to offer better grip.
Whenever a contractor buys used equipment for sale he usually inspects the tracks of the dozers and the blades. The blades are also an important of the dozer as much work is performed by the blades. The major work of pushing the demolished materials is done with the help of the blades.
The blades can be changed as per the project that the contractor needs to perform. There are different types of blades which are used in the bulldozer.
1. Universal blade- a universal blade is curved shape blade which is used to carry bulky materials ahead.
2. Straight blade- a straight blade is generally used for fine grading.
3. combination blade- as the name suggest this blade is a combination of straight blade and a universal blade and which helps in dual purpose of fine grading and carrying bulky materials ahead.
China Eases Up on Forex
"Chinese economic reform philosophy is gradualism" stated the chief governor of the People's Bank of China Zhou Xiaochuan, to a gathering of bankers on the almost annual meeting of the International Monetary Fund and the World Bank. As the chief of China's central bank proclaimed, China is not in a hurry to loosen the Yuan's exchange rate but it did began to walk a path that will lead to a market-oriented evaluation of the Yuan.
The central bank chief admitted that China's forex reserves are a vast and extremely complicated machine but the fact you don't know how to fix it doesn't mean you should take it apart. China has begun freeing her forex regime on the 21st of July, when China abandoned the 10 years old pegging to the dollar and switched to floatation versus a basket of major currencies.
When the central bank chief was asked about how China plans to proceed with the reforms, Zhou said that the weight of the basket will be gradually removed as the Yuan will move towards real floatation. He stated "We are not in a hurry to move forward, but we have this direction". It is definitely going to be interesting to see how China is going to move ahead with its forex reserves and currency regime.
Introduction to Foreign Exchange
Foreign Exchange is an international financial market place where money is sold and bought freely. It is a non-stop cash market where you speculate on changes in exchange rates of foreign currencies. Forex operates through a global network of banks, corporations and individuals trading one currency for another but has no physical location and no central exchange not just like other financial markets.
The Forex market spans from one zone to another in all major financial centers on a 24- hour basis since it has no physical exchange. Since there is no centralized exchange for currencies to be sold or bought, forex is considered to be an over- the counter market or what is called OTC. Banks and forex dealers are connected around the world via internet, fax and telephone to form the Forex market. Read through this article, introduction to forex, in order to know more about forex trading as well as its purpose and many more. Learning forex enables us to know some forex terms, codes, numbers and definitions. Forex trading 101 or the introduction to forex trading will enable us to know how forex works and how to make money with currency trading on forex.
The foreign exchange market began in the 1970's when free exchange rates and floating currencies were introduced. Before retail investors can access the foreign exchange market through banks that transacted large amounts of currencies for commercial and investment purposes. After exchange rates were allowed to float freely in 1971, trading volume has increased rapidly over period of time. Now the Foreign Exchange Market that we see made importers and exporters, international portfolio managers, multinational corporations, speculators, day traders, long-term holders and hedge funds all use the Forex market in order to pay for goods and services, transact in financial assets or to reduce the risk of currency movements by hedging their exposure in other markets.
Introduction to Foreign Exchange Markets
Being the main force driving the global economic market, currency is no doubt an essential element for a country. However, in order for all the countries with different currencies to trade with one another, a system of exchange rate between their currencies is needed; this system, is formally known as foreign exchange or currency exchange.
In the early days, the system of currency exchange is supported solely by the gold amount held in the vault of a country. However, this system is no longer appropriate now due to inflation and hence, the value of one’s currency nowadays is determined through the market forces alone. In order to determine the value of a currency’s exchange rate, two main types of system is used which is floating currency and pegged currency.
In the early days, the system of currency exchange is supported solely by the gold amount held in the vault of a country. However, this system is no longer appropriate now due to inflation and hence, the value of one’s currency nowadays is determined through the market forces alone. In order to determine the value of a currency’s exchange rate, two main types of system is used which is floating currency and pegged currency.
Foreign Margin Markets
The Foreign Exchange margin trading meaning the traders borrow loan from bank, finance organization or broker house to carry on the foreign currency trading. Generally, the financing proportion is above 20 times, which means the Forex traders’ fund may enlarge to 20 times to carry on the trading. The bigger the financing proportion, means the Forex traders just need to pay very less fund, for example, the financing proportion provided by the financial organization is 400 times, namely the lowest margin request is 0.25%, the traders just need to pay 25 US dollars, then he or she could trade as high as 10,000 US dollars, fully using the contra method to make big profit by only paying a very less price.
Besides the fund enlargement, another attraction of the Forex margin trading method is that it can be traded in both ways, you can make profit by buying the currency when the currency rise (makes many), or to sell a currency when the currency is dropping to make profit (short-selling), thus does not need to be restricted by the restriction so-called bear market is unable to make money.
Besides the fund enlargement, another attraction of the Forex margin trading method is that it can be traded in both ways, you can make profit by buying the currency when the currency rise (makes many), or to sell a currency when the currency is dropping to make profit (short-selling), thus does not need to be restricted by the restriction so-called bear market is unable to make money.
Foreign Exchange (Forex) Market
Presently, there are various kinds of financial market, it is divided into: Stock market, interest market (including bond, commercial bill and so on), gold market (including gold, platinum, silver), futures market (including grain, cotton and kapok, oil and so on), option market and foreign exchange market or forex market and so on.
The foreign exchange market is a place to trade foreign exchange currency, or it is also a place for the transaction of all foreign currency. The foreign exchange market therefore is existence, because of:
Trade and investment
Import and export business, people pays one kind of currency when doing business, but when earns another kind of currency when receive the commodity. This means that, when settling account, business people will pay and receive different currencies. Therefore, they must convert the currencies that they received into the currencies that they could buy commodities. With this similar, when buying a foreign property a company must use the concerned country's currency to make payment, therefore, it needs to convert the domestic currency is concerned country's currency.
The foreign exchange market is a place to trade foreign exchange currency, or it is also a place for the transaction of all foreign currency. The foreign exchange market therefore is existence, because of:
Trade and investment
Import and export business, people pays one kind of currency when doing business, but when earns another kind of currency when receive the commodity. This means that, when settling account, business people will pay and receive different currencies. Therefore, they must convert the currencies that they received into the currencies that they could buy commodities. With this similar, when buying a foreign property a company must use the concerned country's currency to make payment, therefore, it needs to convert the domestic currency is concerned country's currency.
Characteristics of Forex Market
In recent years, the foreign exchange market could favor more and more people, it becomes a favorite for the international investors, and this is strongly related to the characteristics of the Forex market. The main characteristics of the foreign exchange market are:
1st, It consists market but no trading field
The finance industry in the western countries consist two sets of systems, namely the centralism business central operation and there is no fixed place for such business network. Stock trading is being traded through stock exchange. Like the New York Stock Exchange, the London stock market, the Tokyo stock market, respectively is American, English, the Japanese stock main transaction place, it is a centralism business financial commodity, its quoted price, the transaction time and hand over to the procedure all consist of unification the stipulation, and has established the same business association, it has formulated the same business rules. The investor could buy and sells the commodity through the broker company, this is known as "consist of trading market and trading field".
1st, It consists market but no trading field
The finance industry in the western countries consist two sets of systems, namely the centralism business central operation and there is no fixed place for such business network. Stock trading is being traded through stock exchange. Like the New York Stock Exchange, the London stock market, the Tokyo stock market, respectively is American, English, the Japanese stock main transaction place, it is a centralism business financial commodity, its quoted price, the transaction time and hand over to the procedure all consist of unification the stipulation, and has established the same business association, it has formulated the same business rules. The investor could buy and sells the commodity through the broker company, this is known as "consist of trading market and trading field".
Forex V/S Stock
The Forex market has a lot of advantages compare to stock market:
A Forex trader could make profit through the market no matter if it is bearish and bullish which is different from the capital market, Forex has no strict regulation in speculation, no matter whether it is a long-term or a short-term transaction there is still a hidden profit, moreover, Forex market is a double-transaction market which means Forex traders could make profit through both upward and downward trend.
Forex traders could obtain a much larger transaction compared to the stock market, through the Forex trading, Forex traders could obtain 100 times larger transaction compared to the stock market. According to the present US situation, if a Forex trader invests $1,000 in the stock market, the trader may obtain $2,000 of stock domination property with a proportion of 2:1, but through Forex trading, a Forex trader can do transaction with a proportion up to 100:1.
A Forex trader could make profit through the market no matter if it is bearish and bullish which is different from the capital market, Forex has no strict regulation in speculation, no matter whether it is a long-term or a short-term transaction there is still a hidden profit, moreover, Forex market is a double-transaction market which means Forex traders could make profit through both upward and downward trend.
Forex traders could obtain a much larger transaction compared to the stock market, through the Forex trading, Forex traders could obtain 100 times larger transaction compared to the stock market. According to the present US situation, if a Forex trader invests $1,000 in the stock market, the trader may obtain $2,000 of stock domination property with a proportion of 2:1, but through Forex trading, a Forex trader can do transaction with a proportion up to 100:1.
What Is The Difference Forex and Futures?
A Forex trader could trade more transaction compared to the futures market (the trading volume could be a times larger), and the risk will be strictly under control. The trading volume of the Forex market is 46 times larger compared to the futures market, moreover Forex traders could make more profit from the Forex market due to the larger trading volume (the transaction volume is a few times larger), the REFCO Switzerland rich transaction platform allowed transaction between 1-100 times to be carry on, moreover a Forex trader could decide his or her own transaction amount, for example: Your account has $30,000, the basic transaction unit is each $1,000 (which transaction amount in $1.00, million), namely, so the proportion of the margin of each transaction unit is 100:1.
The risk of the Forex trader is under control, such margin call will not happen compared to futures, through the Forex trading system, your risk will receive the strict limit, even if your margin if lower then the deposit required, the Forex trading system will automatically settle your position, this means even if a Forex trader suffered losses, moreover if the market is suffering from a disaster fluctuation, your loss could not surpass your account amount. In order to understand the advantages, please apply for the demo account to carry on the complete zero risk.
The risk of the Forex trader is under control, such margin call will not happen compared to futures, through the Forex trading system, your risk will receive the strict limit, even if your margin if lower then the deposit required, the Forex trading system will automatically settle your position, this means even if a Forex trader suffered losses, moreover if the market is suffering from a disaster fluctuation, your loss could not surpass your account amount. In order to understand the advantages, please apply for the demo account to carry on the complete zero risk.
Famous Forex Quotes
“If you get in on Jones’ tip; get out on Jones’ tip”. If you are riding another person’s idea, ride it all the way.
Run early or not at all. Don't be an eleven o'clock bull or a five o'clock bear.
Woodrow Wilson said, "a governments first priority is to organize the common interest against special interests". Successful traders seek out market opportunities capitalizing on the reality that government's first priority is rarely achieved.
People who buy headlines eventually end up selling newspapers.
If you do not know who you are, the market is an expensive place to find out.
Never give advice-the smart don't need it and the stupid don't heed it.
Disregard all prognostications. In the world of money, which is a world shaped by human behavior, nobody has the foggiest notion of what will happen in the future. Mark that word-nobody! Thus the successful trader bases no moves on what supposedly will happen but reacts instead to what does happen.
Worry is not a sickness but a sign of health. If you are not worried, you are not risking enough.
Except in unusual circumstances, get in the habit of taking your profit too soon. Don't torment yourself if a trade continues winning without you. Chances are it won't continue long. If it does console yourself by thinking of all the times when liquidating early preserved gains you would otherwise have lost.
Run early or not at all. Don't be an eleven o'clock bull or a five o'clock bear.
Woodrow Wilson said, "a governments first priority is to organize the common interest against special interests". Successful traders seek out market opportunities capitalizing on the reality that government's first priority is rarely achieved.
People who buy headlines eventually end up selling newspapers.
If you do not know who you are, the market is an expensive place to find out.
Never give advice-the smart don't need it and the stupid don't heed it.
Disregard all prognostications. In the world of money, which is a world shaped by human behavior, nobody has the foggiest notion of what will happen in the future. Mark that word-nobody! Thus the successful trader bases no moves on what supposedly will happen but reacts instead to what does happen.
Worry is not a sickness but a sign of health. If you are not worried, you are not risking enough.
Except in unusual circumstances, get in the habit of taking your profit too soon. Don't torment yourself if a trade continues winning without you. Chances are it won't continue long. If it does console yourself by thinking of all the times when liquidating early preserved gains you would otherwise have lost.
Forex Development History
Foreign exchange development history - exchange market evolution foreign exchange development history - exchange market evolution gold remittance system and Bretton woods agreement
In 1967, a Chicago bank rejected to provide pound loan to a professor named Milton Friedman, because his purposed was to use this fund to sell short the British pound. Mr. Friedman realized excessively that the price ratio from the British pound to US dollar at that time was high, he wanted first to sell the British pound, after the British pound fell he buys back the British pound to repay the bank again. This family bank rejects the loan offer based on the "Bretton woods Agreement" which was established 20 years ago. This agreement has fixed the various countries' currency to US dollar exchange rate, and the price ratio between the U.S dollar and the gold is also fixed to 35 US dollars to each ounce of gold.
The Bretton Woods Agreement was signed in 1944, the purposed was to prevent the currency to escape between countries, and also to limit the international speculation, thus to stabilize the international currency. Before this agreement was signed, the gold remittance standard system which was widely used since 1876 - was leading the international economy system until the First World War. In the gold remittance system, the currency was at the stable level under the support of the gold price. The gold remittance system has abolished the old time king and the ruler which depreciates the currency value unlawfully, which will lead to inflation.
In 1967, a Chicago bank rejected to provide pound loan to a professor named Milton Friedman, because his purposed was to use this fund to sell short the British pound. Mr. Friedman realized excessively that the price ratio from the British pound to US dollar at that time was high, he wanted first to sell the British pound, after the British pound fell he buys back the British pound to repay the bank again. This family bank rejects the loan offer based on the "Bretton woods Agreement" which was established 20 years ago. This agreement has fixed the various countries' currency to US dollar exchange rate, and the price ratio between the U.S dollar and the gold is also fixed to 35 US dollars to each ounce of gold.
The Bretton Woods Agreement was signed in 1944, the purposed was to prevent the currency to escape between countries, and also to limit the international speculation, thus to stabilize the international currency. Before this agreement was signed, the gold remittance standard system which was widely used since 1876 - was leading the international economy system until the First World War. In the gold remittance system, the currency was at the stable level under the support of the gold price. The gold remittance system has abolished the old time king and the ruler which depreciates the currency value unlawfully, which will lead to inflation.
Forex Trading
Forex trading isn’t strange words for those who looking forward to make quick profit in the financial market. Most investors will have at least hear or read about Forex trading. If Forex is a new term to you, please do read the Introduction to the Forex market before proceed reading this Forex trading article.
Forex trading is said to be the highest risk with highest return investment (or speculation game to be more accurate) in the financial market. The amount traded in the Forex market is much larger than any stock market or even combining few stock markets. Forex trading is simply a world wide trading market running 24 hours from Monday to Friday.
Everyday, there are new Forex traders entering into trading Forex. Some of them don’t even fully understand how Forex is traded but have already trading Forex. They are not idiot who want to burn their hard earned money, it’s just because Forex market is simply too lucrative market to enter with extreme high return. Any Forex traders can easily make a double return just in few minutes time trading Forex.
Forex trading is the trading of buying or selling certain currency. For example, buying US Dollar, then selling it later at a higher price to gain profit. Forex traders may also first sell US Dollar and later on buy it back at a lower price with the same gaining profit. It’s simple strategy of selling price minus buying price to make profit. In Forex trading, we just treat currency as a good, buy it and sell it.
You might now think how can Forex trading make huge profit just by selling and buying currency? Forex is traded using margin, Forex traders don’t need to full amount to buy any currency. For example, Forex traders just need 1000 Dollar to buy up 100,000 Dollar. This allows any Forex traders to make huge profit with little money.
Another important factor that any Forex traders can make huge profit is the high fluctuation for currency. Every day every seconds, the currency exchange rate is moving up and down, the Forex exchange rate fluctuate more heavily whenever there is any important economic data being released.
Forex trading is simply sounds too easy for anyone to make profit in very short time. But before you committed into Forex trading, it is strongly advised to have full understanding in Forex trading. Do read up other Forex trading articles in this website and share Forex trading knowledge in the Forex forums.
Forex trading is said to be the highest risk with highest return investment (or speculation game to be more accurate) in the financial market. The amount traded in the Forex market is much larger than any stock market or even combining few stock markets. Forex trading is simply a world wide trading market running 24 hours from Monday to Friday.
Everyday, there are new Forex traders entering into trading Forex. Some of them don’t even fully understand how Forex is traded but have already trading Forex. They are not idiot who want to burn their hard earned money, it’s just because Forex market is simply too lucrative market to enter with extreme high return. Any Forex traders can easily make a double return just in few minutes time trading Forex.
Forex trading is the trading of buying or selling certain currency. For example, buying US Dollar, then selling it later at a higher price to gain profit. Forex traders may also first sell US Dollar and later on buy it back at a lower price with the same gaining profit. It’s simple strategy of selling price minus buying price to make profit. In Forex trading, we just treat currency as a good, buy it and sell it.
You might now think how can Forex trading make huge profit just by selling and buying currency? Forex is traded using margin, Forex traders don’t need to full amount to buy any currency. For example, Forex traders just need 1000 Dollar to buy up 100,000 Dollar. This allows any Forex traders to make huge profit with little money.
Another important factor that any Forex traders can make huge profit is the high fluctuation for currency. Every day every seconds, the currency exchange rate is moving up and down, the Forex exchange rate fluctuate more heavily whenever there is any important economic data being released.
Forex trading is simply sounds too easy for anyone to make profit in very short time. But before you committed into Forex trading, it is strongly advised to have full understanding in Forex trading. Do read up other Forex trading articles in this website and share Forex trading knowledge in the Forex forums.
Foreign Exchange
Forex is the abbreviation for foreign exchange, refers to the foreign currency or the foreign country currency expresses which can be use in the international settlement payment means and the property, mainly it includes the credit instrument, disbursement voucher, the negotiable securities and the foreign exchange cash and so on.
The International Monetary Fund defined Forex as the international creditor's rights which a country has, no matter this kind of creditor's rights are express by the foreign currency or expressed by the standard currency.
Exchange Rate
Exchange rate, also known as the exchange price, it refers by a country currency being express by another country currency, or it is also the price ratio between both countries currency, generally it is being expressed by using the price proportion of both countries. For instance: USD/JPY=105.40, is being expressed a US dollar equal to 105.40 Japanese Yen, US dollar is also known as the unit currency, the Japanese Yen is known as the price currency.
In the foreign exchange market, the exchange rate is demonstrated by five numerals, for example:
Euro/US dollar: EUR/USD 1.3325
US dollar/Japanese Yen: USD/JPY 104.95
Pound/US dollar: GBP/USD 1.9337
US dollar/Swiss Franc: USD/CHF 1.2303
The exchange rate smallest change unit is, namely a final one-figure number digital change, is called an exchange rate basic point (Pip), abbreviation exchange rate spot, for example:
Euro EUR 0.0001
Japanese Yen JPY 0.01
Pound GBP 0.0001
Swiss Franc CHF 0.0001
The International Monetary Fund defined Forex as the international creditor's rights which a country has, no matter this kind of creditor's rights are express by the foreign currency or expressed by the standard currency.
Exchange Rate
Exchange rate, also known as the exchange price, it refers by a country currency being express by another country currency, or it is also the price ratio between both countries currency, generally it is being expressed by using the price proportion of both countries. For instance: USD/JPY=105.40, is being expressed a US dollar equal to 105.40 Japanese Yen, US dollar is also known as the unit currency, the Japanese Yen is known as the price currency.
In the foreign exchange market, the exchange rate is demonstrated by five numerals, for example:
Euro/US dollar: EUR/USD 1.3325
US dollar/Japanese Yen: USD/JPY 104.95
Pound/US dollar: GBP/USD 1.9337
US dollar/Swiss Franc: USD/CHF 1.2303
The exchange rate smallest change unit is, namely a final one-figure number digital change, is called an exchange rate basic point (Pip), abbreviation exchange rate spot, for example:
Euro EUR 0.0001
Japanese Yen JPY 0.01
Pound GBP 0.0001
Swiss Franc CHF 0.0001
WORLD'S BIGGEST CHURCH BUILDING NIGERIA
Winners` Chapel . Canaanland ... Otta. .. Nigeria
Inside Sitting Capacity 50,000 Outside Overflow Capacity 250,000
WORLD'S MOST EXPENSIVE HOTEL - BURJ DUBAI, UAE
Burj Al Arab Hotel, Dubai.. only 7 Star Hotel in the World
Cheapest room $1000 per night.. .Royal suit $28,000 per night
Cheapest room $1000 per night.. .Royal suit $28,000 per night
WORLD'S LARGEST MOSQUE PAKISTAN
Shah Feisal mosque. .Islamabad Pakistan
Inside hall capacity. 35, 000 outside overflow capacity 150,000
Inside hall capacity. 35, 000 outside overflow capacity 150,000
WORLD'S LARGEST PALACE .. ROMANIA
Palace of the Parliament. .Bucharest, Romania . more than 500 bedrooms, 55 kitchens,120 sitting rooms
WORLD'S WIDEST BRIDGE AUSTRALIA
Sydney harbor bridge, Australia . .16 lanes of car traffic. .8 lanes in the upper floor, 8 in the lower floor
ENGINEERING FACTS
Basilica of our lady of peace, Yamoussoukroo.
Inside sitting capacity . .18,000 Outside overflow capacity. 100, 000
Monday, November 16, 2009
Discount - Used Heavy Construction Equipment
If you’re looking for extreme savings on your heavy-duty gear, but you’re understandably unwilling to sacrifice any quality, you need to check out the selection at Texana Machinery. We maintain a large, rotating inventory of durable, well maintained, top brand used heavy construction equipment. Our easy to navigate website makes it simple to see exactly what’s available at both our San Antonio and Austin dealerships. We’ve worked very hard to offer used heavy equipment for sale at some of the most competitive prices in our industry, so it’s worth your time to explore the site and take a look for yourself. And if you’re searching for brand new supplies, you won’t be disappointed here either. You’ll find great rates on pristine gear - everything from a Case backhoe or crawler dozer toTakeuchi excavators. It’s our aim to exceed your every expectation, so you know you can shop with confidence when you’re dealing with Texana Machinery. While you’re here, please take a moment to bookmark our site. That way, it will be easy for you to return for all the most current information on pricing and availability of reliable pre-owned machines!
If you’re looking for extreme savings on your heavy-duty gear, but you’re understandably unwilling to sacrifice any quality, you need to check out the selection at Texana Machinery. We maintain a large, rotating inventory of durable, well maintained, top brand used heavy construction equipment. Our easy to navigate website makes it simple to see exactly what’s available at both our San Antonio and Austin dealerships. We’ve worked very hard to offer used heavy equipment for sale at some of the most competitive prices in our industry, so it’s worth your time to explore the site and take a look for yourself. And if you’re searching for brand new supplies, you won’t be disappointed here either. You’ll find great rates on pristine gear - everything from a Case backhoe or crawler dozer toTakeuchi excavators. It’s our aim to exceed your every expectation, so you know you can shop with confidence when you’re dealing with Texana Machinery. While you’re here, please take a moment to bookmark our site. That way, it will be easy for you to return for all the most current information on pricing and availability of reliable pre-owned machines!
Sunday, November 15, 2009
Excavator An Commonly Used Heavy Machinery
Excavators heavy equipment used in civil engineering and surface mining. An excavator, also called a 360-degree excavator or digger, sometimes abbreviated simply a 360, is an engineering vehicle consisting of a backhoe and cab mounted on a pivot (turntable is a more apt description) atop an undercarriage with tracks or wheels. The term excavator is sometimes used as a general term for any piece of digging equipment.
Roles of Excavators
Excavators used in many roles:
1- Digging of trenches, holes, foundations
2- Demolition
3- General grading/landscaping
4- Heavy lift, e.g. lifting and placing of pipes
5- River dredging
6- Mining, especially, but not only open-pit mining
7- Brush cutting with hydraulic attachments
Choosing a Machinery & Equipment Appraiser
Locate a professionally accredited appraiser before disclosing any confidential or sensitive information. Ask other types of appraisers for references if necessary. Verify that the professional designation is the result of testing and other significant criteria, and requires continuing education. The designation is evidence that the appraiser is a professional and serious about his profession. Some non-professional appraisers provide this service only as a sideline or part time, and are limited in scope regarding valuation theory and methodology. Avoid an appraiser who implies advocacy, or who bases his fee on contingencies such as percent of value or outcome of transaction, as these are normally considered unethical within the profession.
Define the appraisal question, property to be appraised, premise of value, how the appraisal will be used, possible implications to third parties, etc. A competent and accredited appraiser will maintain a professionally confidential relationship, so do not withhold information. If the appraiser is well informed, he should be able to provide a firm quotation and proposal prior to engagement.
Construction and Mining Machinery Equipment - Market to Exceed
The construction and mining machinery/equipment market is in the midst of a consolidation phase, as acquisitions and strategic partnerships are still continuing after a spurt in the consolidation wave of the nineties. The highly competitive industry has maintained price levels in the moderate range with slight fluctuations, over the last few years.
Nearly 4.8% growth is likely to be registered in the global construction investments by the year 2012. India and China are expected to grow at a healthy rate that is way above the average global growth rate. In terms of volume sales, United States is the largest regional market with an estimated share of 26.56% of the global unit sales in 2007. The new trend in US and Europe to combine a mini-excavator with a skid steer loader for optimum performance is one of the reasons behind the demand for mini-excavators. In terms of volume sales, skid-steer loaders represent the largest product segment in the United States with sales projected to exceed 71 thousand units for 2009. Sales of construction and mining machinery/equipment in Europe are projected to exceed 195 thousand units by the end of the year 2008.
Leasing Heavy Construction Equipment
The leasing company contracts the construction company to lease theequipment and pay for it monthly over a fixed time frame of typically two to five years. The lessee will sign the contract for the type of lease that caters to their financial capabilities. The lease can also depend on whether the lessee wants to own the equipment at the end of the lease term or “return” the equipment to obtain a more up-to-date replacement.Despite an ever-changing economy, equipment leasing might provide a simple solution to grow your business. Think: Fair Market Value Lease, Dollar Buy Out Lease and Commercial Leasing.
Production Heroes: Crawler Dozers
Steep hourly cost makes operating efficiently more important to crawler dozers than most otherconstruction equipment. The cost is largely associated with undercarriage wear, so the best dozer operators make every move count whether they’re doing production earthmoving, finishing or clearing land.Some of the best ideas for improving dozer productivity defy operators’ assumptions.
“A lot of operators who are doing production dozing think they should make long cuts. They want to see dirt boil or roll in front of the blade,” says Brad Van De Veer, senior product consultant at Caterpillar’s Edwards Demonstration/Application Center. “In reality, the blade will only hold so much dirt. Once it’s full, you start losing dirt off both sides of the blade, leaving windrows that will have to be moved again. It wastes horsepower and fuel, and it can cause track slip and undercarriage wear.
“You should be able to get a full load on the blade in two lengths of the tractor at the most — and that applies to any size tractor. Once the blade is full, you stop cutting and slide the dirt in front of the blade.”
Short, aggressive cuts set up what is perhaps the most energy-saving way to doze dirt — what Caterpillar calls “front-to-back or slot dozing.”
“You start one to two tractor lengths back from where you’re going to move the dirt, instead of on the opposite side of the field,” says Van De Veer. “Fill the blade and start a pile or fill the area.”
Forex Expert Advisors - 4 Simple Tips For Finding the Best
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Trading Forex To Advance Your Financial Position
Everyday, currencies are traded in an international foreign exchange market, otherwise known as the forex market, with the main marketplaces (otherwise known as bourses) existing in the world's financial centes New York, London, Tokyo, Frankfurt and Zurich. Historically, the only way to participate was from the trading floor of one of these bourses, but today, people can trade forex from anywhere through a secure internet connection and a PC..
Today's traders operate in a global network, taking positions in the market and making investment decisions based on either relative value between two currencies, or a particular currency's actual price. Currency value fluctuations are constantly renegotiated through trading activity, and this activity, and the corresponding currency values are also indicators of the levels of currency supply.
An example of market behaviour greater demand for the Euro might indicate a weakening supply. Low supply and increased demand will drive the price of the Euro up against other currencies like the dollar, until the price better reflects what traders are prepared to pay when short supply exists. Another way to look at this situation is this higher demand means it will cost more dollars to buy the Euro, which equates to a weakening of the dollar in comparison. Analysis of situations such as in this example forms the basis for a trader's investment decisions, and they will purchase or sell currency accordingly.
This should be remembered, as while many see the foreign exchange market as the vehicle for converting their home currency while travelling abroad, many others choose to use the market to advance their financial position and secure their future.
Today's traders operate in a global network, taking positions in the market and making investment decisions based on either relative value between two currencies, or a particular currency's actual price. Currency value fluctuations are constantly renegotiated through trading activity, and this activity, and the corresponding currency values are also indicators of the levels of currency supply.
An example of market behaviour greater demand for the Euro might indicate a weakening supply. Low supply and increased demand will drive the price of the Euro up against other currencies like the dollar, until the price better reflects what traders are prepared to pay when short supply exists. Another way to look at this situation is this higher demand means it will cost more dollars to buy the Euro, which equates to a weakening of the dollar in comparison. Analysis of situations such as in this example forms the basis for a trader's investment decisions, and they will purchase or sell currency accordingly.
This should be remembered, as while many see the foreign exchange market as the vehicle for converting their home currency while travelling abroad, many others choose to use the market to advance their financial position and secure their future.
Trading Forex To Advance Your Financial Position
Everyday, currencies are traded in an international foreign exchange market, otherwise known as the forex market, with the main marketplaces (otherwise known as bourses) existing in the world's financial centes New York, London, Tokyo, Frankfurt and Zurich. Historically, the only way to participate was from the trading floor of one of these bourses, but today, people can trade forex from anywhere through a secure internet connection and a PC..
Today's traders operate in a global network, taking positions in the market and making investment decisions based on either relative value between two currencies, or a particular currency's actual price. Currency value fluctuations are constantly renegotiated through trading activity, and this activity, and the corresponding currency values are also indicators of the levels of currency supply.
An example of market behaviour greater demand for the Euro might indicate a weakening supply. Low supply and increased demand will drive the price of the Euro up against other currencies like the dollar, until the price better reflects what traders are prepared to pay when short supply exists. Another way to look at this situation is this higher demand means it will cost more dollars to buy the Euro, which equates to a weakening of the dollar in comparison. Analysis of situations such as in this example forms the basis for a trader's investment decisions, and they will purchase or sell currency accordingly.
This should be remembered, as while many see the foreign exchange market as the vehicle for converting their home currency while travelling abroad, many others choose to use the market to advance their financial position and secure their future.
Today's traders operate in a global network, taking positions in the market and making investment decisions based on either relative value between two currencies, or a particular currency's actual price. Currency value fluctuations are constantly renegotiated through trading activity, and this activity, and the corresponding currency values are also indicators of the levels of currency supply.
An example of market behaviour greater demand for the Euro might indicate a weakening supply. Low supply and increased demand will drive the price of the Euro up against other currencies like the dollar, until the price better reflects what traders are prepared to pay when short supply exists. Another way to look at this situation is this higher demand means it will cost more dollars to buy the Euro, which equates to a weakening of the dollar in comparison. Analysis of situations such as in this example forms the basis for a trader's investment decisions, and they will purchase or sell currency accordingly.
This should be remembered, as while many see the foreign exchange market as the vehicle for converting their home currency while travelling abroad, many others choose to use the market to advance their financial position and secure their future.
Methods of Market Analysis
The fundamental analysis is based on the following statement: currency prices on the Forex market are the reflection of the demand and supply which in their turn depend on fundamental economic factors. The aim of the fundamental analysis is to make middle-term and long-term predictions on the Forex market, and it becomes necessary to conduct research on internal deep reasons for changes in currency exchange rates. Only this type of analysis will make it possible to estimate the prospects of dynamics of the currency demand and supply. Besides, this approach will give the investor the opportunity not to take into consideration short-term fluctuations - market noise..
The main drawback of the fundamental analysis of Forex is its complexity; as there are from 20 to 50 fundamental indicators in each country, each of them has its cause and effect relations and many of these relations contradict each other or are reflexive, you will need a whole team of analysts to make decisions. For this reason, the fundamental analysis of Forex for decision making is used by 10-20% of traders according to different estimations, and most of them have skin-deep knowledge of the analysis.Moreover, as we said above, the fundamental analysis is almost useless for short-term trading, so the use of it imposes limitations on the amount of your means.
The main drawback of the fundamental analysis of Forex is its complexity; as there are from 20 to 50 fundamental indicators in each country, each of them has its cause and effect relations and many of these relations contradict each other or are reflexive, you will need a whole team of analysts to make decisions. For this reason, the fundamental analysis of Forex for decision making is used by 10-20% of traders according to different estimations, and most of them have skin-deep knowledge of the analysis.Moreover, as we said above, the fundamental analysis is almost useless for short-term trading, so the use of it imposes limitations on the amount of your means.
Methods of Market Analysis
The fundamental analysis is based on the following statement: currency prices on the Forex market are the reflection of the demand and supply which in their turn depend on fundamental economic factors. The aim of the fundamental analysis is to make middle-term and long-term predictions on the Forex market, and it becomes necessary to conduct research on internal deep reasons for changes in currency exchange rates. Only this type of analysis will make it possible to estimate the prospects of dynamics of the currency demand and supply. Besides, this approach will give the investor the opportunity not to take into consideration short-term fluctuations - market noise..
The main drawback of the fundamental analysis of Forex is its complexity; as there are from 20 to 50 fundamental indicators in each country, each of them has its cause and effect relations and many of these relations contradict each other or are reflexive, you will need a whole team of analysts to make decisions. For this reason, the fundamental analysis of Forex for decision making is used by 10-20% of traders according to different estimations, and most of them have skin-deep knowledge of the analysis.Moreover, as we said above, the fundamental analysis is almost useless for short-term trading, so the use of it imposes limitations on the amount of your means.
The main drawback of the fundamental analysis of Forex is its complexity; as there are from 20 to 50 fundamental indicators in each country, each of them has its cause and effect relations and many of these relations contradict each other or are reflexive, you will need a whole team of analysts to make decisions. For this reason, the fundamental analysis of Forex for decision making is used by 10-20% of traders according to different estimations, and most of them have skin-deep knowledge of the analysis.Moreover, as we said above, the fundamental analysis is almost useless for short-term trading, so the use of it imposes limitations on the amount of your means.
Forex Trading characteristics
There is no unified or centrally cleared market for the majority of FX trades, and there is very little cross-border regulation. Due to the over-the-counter (OTC) nature of currency markets, there are rather a number of interconnected marketplaces, where different currency instruments are traded. This implies that there is not a single dollar rate but rather a number of different rates (prices), depending on what bank or market maker is trading. In practice the rates are often very close, otherwise they could be exploited by arbitrageurs instantaneously. A joint venture of the Chicago Mercantile Exchange and Reuters, called FxMarketSpace opened in 2007 and aspires to the role of a central market clearing mechanism..
The main trading centers are in London, New York, Tokyo, Hong Kong and Singapore, but banks throughout the world participate. Currency trading happens continuously throughout the day; as the Asian trading session ends, the European session begins, followed by the North American session and then back to the Asian session, excluding weekends.
There is little or no 'inside information' in the foreign exchange markets. Exchange rate fluctuations are usually caused by actual monetary flows as well as by expectations of changes in monetary flows caused by changes in GDP growth, inflation, interest rates, budget and trade deficits or surpluses, large cross-border M&A deals and other macroeconomic conditions. Major news is released publicly, often on scheduled dates, so many people have access to the same news at the same time. However, the large banks have an important advantage; they can see their customers' order flow.
Currencies are traded against one another. Each pair of currencies thus constitutes an individual product and is traditionally noted XXX/YYY, where YYY is the ISO 4217 international three-letter code of the currency into which the price of one unit of XXX is expressed (called base currency). For instance, EUR/USD is the price of the euro expressed in US dollars, as in 1 euro = 1.3045 dollar. Out of convention, the first currency in the pair, the base currency, was the stronger currency at the creation of the pair. The second currency, counter currency, was the weaker currency at the creation of the pair.
The main trading centers are in London, New York, Tokyo, Hong Kong and Singapore, but banks throughout the world participate. Currency trading happens continuously throughout the day; as the Asian trading session ends, the European session begins, followed by the North American session and then back to the Asian session, excluding weekends.
There is little or no 'inside information' in the foreign exchange markets. Exchange rate fluctuations are usually caused by actual monetary flows as well as by expectations of changes in monetary flows caused by changes in GDP growth, inflation, interest rates, budget and trade deficits or surpluses, large cross-border M&A deals and other macroeconomic conditions. Major news is released publicly, often on scheduled dates, so many people have access to the same news at the same time. However, the large banks have an important advantage; they can see their customers' order flow.
Currencies are traded against one another. Each pair of currencies thus constitutes an individual product and is traditionally noted XXX/YYY, where YYY is the ISO 4217 international three-letter code of the currency into which the price of one unit of XXX is expressed (called base currency). For instance, EUR/USD is the price of the euro expressed in US dollars, as in 1 euro = 1.3045 dollar. Out of convention, the first currency in the pair, the base currency, was the stronger currency at the creation of the pair. The second currency, counter currency, was the weaker currency at the creation of the pair.
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