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Forex News
Dec 13 2007, 09:29 - 0 Comments
In Japan, the labor and business data at the start of the week were seriously lacking the numbers that were anticipated.
Dec 13 2007, 09:28 - 0 Comments
All eyes lately have been on Ben Bernanke.
Dec 13 2007, 09:27 - 0 Comments
The weather may have had a lot to do with the increase in the UK market gains during August.
Dec 13 2007, 09:26 - 0 Comments
Following Fed Chairman Ben Barnanke’s promise on Friday to do what is in his power to protect the US economy from a credit crunch, the US dollar still remained mixed in trade on Tuesday morning.
Dec 13 2007, 09:25 - 0 Comments
Preliminary data from the Bank of Japan showed on Tuesday that the monetary base in Japan rose in August a total of 0.7 percent.
Dec 13 2007, 09:24 - 0 Comments
As the Yen climbed higher on Tuesday, the first working day of the week following the Labor Day Holiday, the Euro and other higher yielders, dipped lower.
Dec 13 2007, 09:23 - 0 Comments
Quiet summer ranges were definitely not evident in today’s 280 point sell off in Dow, and the 350 point move in CAD/JPY and AUD/JPY.
Dec 13 2007, 09:23 - 0 Comments
Expect the market to move on Thursday, after the release of the second reading of US GDP for Q2.
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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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