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Forex News
Jun 15 2008, 08:10 - 0 Comments
All the investors, politicians, and bankers’ attention to issues regarding subprime and credit crunch has been taken over by the rise in oil prices.
Jun 15 2008, 02:36 - 0 Comments
Forex Video by John Kicklighter, Currency Analyst USD sees strongest rally in three years, but can the greenback sustain the momentum? Inflation and retail sales readings promise volatility for the GBP and CAD.
Jun 12 2008, 08:26 - 0 Comments
US retail sales are about to release on Thursday.
Jun 12 2008, 08:26 - 0 Comments
Due to the rising of oil prices with prospects of fading growth, US dollar was weakened against all of its major counterparts.
Jun 12 2008, 02:46 - 0 Comments
Forex Video by John Kicklighter, Currency Analy Fed Beige book offers weak growth reading, though inflation targeting raise speculation of a June rate hike. Australian and US dollars looking for volatility in top market-moving employment and spending indicators.
Jun 11 2008, 13:41 - 0 Comments
There has been a lot of speculation about the possibility of currency intervention in the USD.
Jun 11 2008, 02:39 - 0 Comments
Forex Video by Terri Belkas, Currency Analyst CAD surges on Bank of Canada's unexpected decision to leave rates steady GBP, USD face event risk from UK jobless claims, Fed's Beige Book.
Jun 10 2008, 06:20 - 0 Comments
There has not been a big change or progress in USD since last Friday by losing yet more ground to the euro and the pound and the Swiss franc.
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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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