Currencies - On My Radar Screen

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Currencies

Forex Cross Rates Widget allows you too see real-time quotes of the selected currencies in comparison to the other major currencies at a glance.

Currency Ticker

Currency

Knowledge is power

Knowledge is power, and the forex market changes continually.

Keep learning, testing new strategies, and taking a conservative view so that you can minimize risk and maximize trading profits.

Currency values can change quickly and often, for many reasons.

Sometimes it's a reaction to external political and economic news,

Crypto

Currency Ticker

World Markets

Currency - Gold - Silver

PAR

oil

beef

sugar

wheat

soybean

cotton

iron

gold

platinum

rubber

copper

silver

oil

+27.72

+27.72

beef

+11.63

+27.72

+11.63

sugar

+11.81

+27.72

+11.81

wheat

+12.18

+27.72

+12.18

soybean

+18.27

+27.72

+18.27

cotton

+22.54

+27.72

+22.54

iron

+23.18

+27.72

+23.18

gold

+23.72

+27.72

+23.72

platinum

+32.36

+27.72

+32.36

rubber

+32.54

+27.72

+32.54

copper

+35.90

+27.72

+35.90

silver

+36.81

+27.72

Red = low similarity in performance with oil. Tan = medium similarity in performance of oil. Green = high similarity in performance of oil. These are the average numbers from the chart above. We are correlating oil with the other commodites in U.S.$.

Crypto Currency

Money supply

The main participants in this market are the larger international banks.

Financial centers around the world function as anchors of trading between a wide range of multiple types of buyers and sellers around the clock, with the exception of weekends

Since currencies are always traded in pairs, the foreign exchange market does not set a currency's absolute value but rather determines its relative value by setting the market price of one currency if paid for with another.

Ex: US$1 is worth X CAD, or CHF, or JPY, etc

Forex trading attempts to capitalize on fluctuations in currency values.
It’s similar to trading stocks.

You want the currency you buy to increase in value so you can sell it at a profit. Your profit tied to the currency’s exchange rate, which is the ratio of one currency’s value against another.

When looking at pairings, you may want to consider how they’re ordered.
For example, in a USD/GBP pairing, USD is the base currency while GBP is the quote currency.

The exchange rate is used to calculate how much you’d have to pay in the quote currency to buy the base currency.
Any time you buy a currency pairing, you’re buying base currency and selling quote currency.

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