NEW YORK
02:55
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07:55
PARIS
08:55
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HONG KONG
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Forex News
Jan 14 2010, 10:15 - 0 Comments
Whilst there seems to be little momentum under fundamental risk appetite; the bearing on sentiment is sufficient to put pressure on the market’s top funding currencies.
Jan 12 2010, 08:38 - 0 Comments
Many are wondering how an 85,000-count drop in net payrolls can be bearish, when the US dollar fell after the introduction of the December NFPs number this last Friday.
Jan 05 2010, 13:13 - 0 Comments
The Yen grew rapidly in opposition to the green buck late into Asian trading in the middle of conjunctures of big-sized repatriation by Japanese exporters, starting a wave of selling that pressured on the US dollar in opposition to almost all of its key counterparts.
Dec 23 2009, 11:50 - 0 Comments
USDJPY: Liberally, there was no dramatic change in USD/JPY standings.
Dec 17 2009, 12:53 - 0 Comments
The US Dollar went up dramatically higher as Asian markets responded to a positive interest rate statement from the US Federal Reserve, starting out a sign of stop orders that shifted EURUSD under the 1.44 mark for the first time since the end of August.
Dec 14 2009, 12:23 - 0 Comments
Apparently, the US dollar has created remarkable bounces at the end of each of the last 4 weeks.
Dec 10 2009, 10:20 - 0 Comments
The spread amongst U.S.
Nov 03 2009, 04:49 - 0 Comments
In Asia, Equity Markets were down while in London and in the U.S markets finished the day slightly ahead.
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Broker
of the Month

UFXBank provide up-to-date charts and news feeds, coupled with an easily navigated trading platform. UFXBank traders can access the biggest market in the world 24 hours a day with ease. By keeping their platform, site and deposit process simple, safe and secure, UFXBank have become the web’s premier online forex trader.
    

Promotion
of the Month

UFXBank provide up-to-date charts and news feeds, coupled with an easily navigated trading platform. UFXBank traders can access the biggest market in the world 24 hours a day with ease. By keeping their platform, site and deposit process simple, safe and secure, UFXBank have become the web’s premier online forex trader.


    
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Interview
with Matthew Sheppard
Senior Forex
Advisor at XForex


1. What is your name and position?
Hello, my name is Matthew Sheppard and I am a senior forex advisor at XForex.

2. What is your experience and professional background?
In the last 6 years I had filled several positions in financial institutions such as a stock broker, a foreign exchange desk manager, a financial consultant and in my recent role I serve as a senior Forex advisor for XForex which is an online forex company.

3. What type of clients you deal with?
We deal with clients on all levels from the beginning stages to the more advanced trading levels.

4. Does most of your business activity come from the online or offline world?
Because of our high presence on the web, most of our business comes from the online world.

5. Why should a trader pick XForex from all forex brokers?
Aside from all the benefits that XForex offer like commission-free trading, 24/7 online support, high leverage (200:1), XForex offers educational and learning trading experience that you won’t find anywhere else..
Our team of experts and financial trainers provide personal assistance and guide clients to financial success. We provide daily analysis and market reviews to our clients giving them a better understanding of the market and helping them trade profitably.

6. From your experience, what advice would you give a person who wants to enter the forex world?
My advice to the beginning trader entering the Forex world is as follows:
• Learn the market and understand what you’re getting into.
• Research and find the broker that suits your needs and wants. Look for a good offering but more importantly customer service, don’t go for the low rates offer without being certain they have a good customer service department. From my extensive experience in the Forex world your key to success will be your client-broker relationship. I can honestly say that at XForex they put an emphasis on servicing clients, which is so important.
• Invest smartly and calculate your risks
• Always know when to get out of a trade

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