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Forex News
Jun 10 2008, 06:20 - 0 Comments
On Tuesday, Ben Bernanke produced pro-dollar speeches by by any Fed chairman in a very long time.
Jun 05 2008, 10:00 - 0 Comments
The dollar fell below parity with the Swiss franc in March to 0.9987 Swiss francs.
Jun 05 2008, 10:00 - 0 Comments
The upside direction of dollar was sustained Wednesday though its progress lost some of its speed from yesterday.
Jun 05 2008, 05:41 - 0 Comments
Forex Video by: John Kicklighter, Currency Analyst RBNZ Governor Bollard holds rates at 8.25% but clearly sees scope for a rate cut this year.
Jun 04 2008, 09:38 - 0 Comments
Federal Reserve Chairman Ben Bernanke’s hawkish speech held at the International Monetary Conference in Barcelona boosted the USD’s value yesterday.
Jun 03 2008, 08:12 - 0 Comments
EUR/USD pair collapsed, coming close to a deadlock for a moment above the 23.6% Fibonacci retracement of the 05/08-05/22 rally at 1.5692 before declining down to the 61.8 level at 1.5488.
Jun 02 2008, 09:43 - 0 Comments
As the manufacturing and services sector and Non-farm Payrolls will be released, the event risk for the forex market is in US dollar side.
Jun 02 2008, 09:43 - 0 Comments
Last week there were no dramatic changes as there were no losses or profits identified.
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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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