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Leap Right Into The Forex Game With The Basics

By Team iBizExpert On April 13, 2022 09:17 PM No Comments

"Worrying for a day is more tiring than working for a week." -a forex trader The foreign exchange market, or forex, is all about money. People buy, sell, and trade money from all over the world. On the forex, anyone can buy and...

How The Internet Sparked The Boom In Forex Trading

By Team iBizExpert On April 03, 2022 05:21 PM No Comments

If you haven't been living under a rock for the past ten years or so, you've probably heard the word forex. Before the Internet, almost no one had even heard the word, let alone knew what it meant. But now, it seems like everyone and their...

Hawala In The Modern Forex World

By Team iBizExpert On April 01, 2022 09:48 PM No Comments

Before there was forex, there was Hawala. Hawala is an informal currency exchange that has been around since the days of the Silk Road, when traders and financiers used it to trade and barter with merchants from other countries. At that time,...

Forex Tutorial: The Basics Of Forex Analysis

By Team iBizExpert On March 29, 2022 05:47 PM No Comments

The Forex trading market is a cash market that is open 24 hours a day, seven days a week. Most of the time, brokers are used to buy and sell the currencies of different countries. For example, you might buy Euros with U.S. Dollars or trade...

Forex Trading And The Stock Market - Similarities And Differences

By Team iBizExpert On March 29, 2022 02:50 PM No Comments

The stock market is where most people first learn how to trade money. After all, it is the world's oldest and biggest financial market. Wrong! The foreign exchange market trades more than $2 trillion (with a "T") every day. It has been around...

Forex Legend: George Soros And The British Pound

By Team iBizExpert On March 29, 2022 01:31 PM No Comments

Anyone who trades foreign exchange (Forex) has heard of George Soros, the trader who won by betting against the Bank of England. This story has been told so often that it has become a legend. But now, in 2007, when GBPUSD is once again above the...

Currency Trading - How To Read Currency-Pair Quotes

By Team iBizExpert On March 24, 2022 12:24 PM No Comments

How to read currency-pair quotes is one of the hardest things for people who are new to forex to figure out. Most of us are used to seeing one price for an item, like $1.89 for a loaf of bread or $39.50 per share for a stock, etc. But in these...

Currency Forex Trading: Betting The Ups And Downs

By Team iBizExpert On March 24, 2022 12:12 PM No Comments

If you multiply the amount of money that changes hands in a day on the US stock and Treasury Bills markets by three, you'll still have less than a third of the amount of money that changes hands on the currency Forex (foreign exchange) market. On...

Chinese Yuan: The Powder Keg Currency.

By Team iBizExpert On March 20, 2022 03:29 PM No Comments

China's economy has been and still is the one that grows the fastest, and it doesn't look like it will stop any time soon. Wikipedia says that the GDP in 2006 was "$2.68 trillion USD. Its GDP per person in 2005 was about US$1709 (US$7204 with...