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Forex News
Jul 02 2007, 06:00 - 0 Comments
“Tankan” survey in the bank of Japan has showed an upbeat in the conditions of businesses with the large-scale companies than they were in the last 3 months.
Jul 02 2007, 04:00 - 0 Comments
The condition in the businesses as said by the UK key financial services sector were getting difficult in the next 3 months because of the increase of worldwide interest rates.
Jul 01 2007, 10:00 - 0 Comments
The cost in the US construction last May had competed far enough to the expectations even though the prevailing fall off in the housing out goes the public finance projects rise.
Jul 01 2007, 08:00 - 0 Comments
To reach the pricings in the high market more corns had been planted by the US farmers this season, stirred by the demands for corn-based ethanol, as reported by the Department of Agriculture in US last Friday.
Jul 01 2007, 06:00 - 0 Comments
Henry Paulson, he is the Secretary in the US Treasury has called on Congress, renewing the trade promotion authority; this is a legislation which allows Congress to agree on trading agreements without necessary amendments by voting.
Jul 01 2007, 04:00 - 0 Comments
Gazprom, the gas giant in Russia had denied that they are seeking in building a monopoly at electricity sector with the proposal of joining with Siberian Coal Energy Company, as reported by the media.
Jun 30 2007, 11:00 - 0 Comments
The US dollar has fallen down against Euro and other currencies last Friday; this was after the Federal Reserve left the interest rates unchanged.
Jun 30 2007, 08:00 - 0 Comments
The new subprime lending guidelines have been applauded by a 2 senate democrats but they also said that more will be needed by borrowers to protect themselves in the abusive practices in foreclosure.
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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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