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Currency Exchange Rates – How It Influences International Activity

Geographical peripheries are no longer obstacles to business activities. Today international business is a common aspect for many traders including big entrepreneurs. The currencies differ from nation to nation and for international business, the trader should be well equipped with the knowledge of different currencies including currency exchange rates. Trillions [CONTINUE READING]

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BRIC Summit Leaves Dollar Intact As Reserve Currency

Dollar Regains Lost Ground The meeting of the BRIC (Brazil, Russia, India and China) nations has come and gone leaving currency exchange rates largely unaffected. Recent remarks by Russia’s president questioning the dollar’s reserve status caused the dollar to fall on Tuesday but on Wednesday the dollar regained some lost [CONTINUE READING]

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Forex Fundamentals Currency Trading – Learn How To Increase Your Odds As A Currency Trader

I have a confession to make. Forex trading can be brutal to learn. In fact many new traders trade their broker account to $ 0. So why is it that you keep reading how the Forex is such a great business? The reason for the discrepancy is how new traders [CONTINUE READING]

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Online Foreign Currency Trading – Online Foreign Currency Trading Jargon For Beginners

Online Foreign Currency Trading Before we go into serious online foreign currency trading, let’s get ourselves familiar with the jargon that is used in this industry. Amongst the major currency traded in the forex market, the most popular are United States Dollars (USD), Great Britain Pound (GBP), Japanese Yen (JPY), [CONTINUE READING]

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Currency Exchange Rates Are A Factor To Consider When Making A Currency Transfer

Todays globalised world is a place where currency transfers have grown into routine for the vast majority of people. Reasons vary from sending money to relatives, to moving or buying property abroad, to financing the activities of businesses of all kinds. While demand for the service is growing, so is [CONTINUE READING]