Currencies offer a huge profit opportunity for savvy investors. Somewhere between $2 trillion and $3 trillion worth of currency is traded every day through the foreign exchange (Forex) market.
To put this in perspective, the New York Stock Exchange averages roughly $50 billion in volume per day. That makes the Forex market about 50 times bigger. And since the price of a currency is based solely on the supply and demand, the Forex market is free from any external control. The articles below tell you everything you need to know about currency trading.
By Louis Basenese - Jun 13th, 2012
Here’s why the trouble in the eurozone could unexpectedly sap investors' profits... More »
By Karim Rahemtulla - May 23rd, 2012
It might be strange to hear, but what’s good for the dollar is good for gold... More »
By Wall Street Daily Research - May 15th, 2012
Finance ministers of 17 eurozone countries meet to discuss Greece, where a political deadlock raises the prospect of the country's exit from the eurozone. More »