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Forex News
Jul 08 2007, 05:55 - 0 Comments
According to the Nikkie newspapers online last Saturday, that the Tobacco Inc.
Jul 08 2007, 03:33 - 0 Comments
According to Rodrigo Rato, she is the spokeswoman, “this selection process will be meeting this Monday with the International Monetary Fund executive board as choosing the successor of the IMF chief. According to Conny Lotze, “There is a scheduled meeting with the board of executives this July 9, 2007 about the selection processing in the managerial director.
Jul 07 2007, 10:00 - 0 Comments
According to the Treasury Department of US, a new program that targets in spurring the infrastructure investments development at Latin America will be given $4.6 million by the US. This program will be financed at 17.5 million US dollars; they will also be benefiting 1.9 million dollars as contributed by the Brazilian government.
Jul 07 2007, 06:00 - 0 Comments
According to the industry’s trade group, there is a high fuel prizes that drives the operating cost in the US airlines to more than 10%, this first quarter.
Jul 07 2007, 04:00 - 0 Comments
Canada’s dollar had clamber up to 30-year high against the US dollar last Friday, this increase because of the high pricings of oil, strong economy and increasing interest rates.
Jul 07 2007, 02:00 - 0 Comments
According to the minister of finance in Venezuela they started slowly the public spending and they are planning to issue a $2.8 billion bonds and Treasury note, this will be at the end of 2007 seeking to counter inflation.
Jul 06 2007, 12:00 - 0 Comments
There is a decrease in the oil value due to the rally of traders for a fresh 10 months high is exaggerating already, even though they are still concerned in the refreshed stresses in the country of Nigeria and the long term supplies outlook in US.
Jul 06 2007, 08:00 - 0 Comments
The composite leading indicator of OECD increased to 110.1 last May from 109.6 revision last April.
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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.
    

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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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