Forex Exchange and Wall Street - A Short Version
Approximately 25 percent of large companies that are exposed to foreign currency fluctuations don't do anything to hedge their risk. Larger companies however do hedge in the currency markets.
Any large international company stationed in the U.S. can be adversely affected by a strong dollar. Strong foreign earned revenues can be negatively impacted by currency fluctuations. Information within the pages of a Wall Street Journal subscription will reveal this data.
It has been estimated that 5-10% of the activity on the Forex market is done because of business hedging and government involvement. Governments and businesses need to convert one currency into another to buy and sell goods and services. The other 90-95% is pure speculation.
High profile players love the Forex market since they don't get locked out due to 24 hour trading. The huge liquidity allows for easy inexpensive entry and exit points.
Forex activity is heaviest in New York from Wall Street between the hours of 8 AM to 5 PM and account for about fifteen percent of all trades. Tokyo accounts for about 10% of trades and is most active 7 PM to 3 AM EST.
Making money on Forex is a matter of predicting price and using an effective exit strategy. Many systems exist that allow speculators to capture profits as certain conditions develop.
Day traders move in and out of trades several times a day capturing a portion of the profit. Large Wall Street companies employ thousands of professional traders that take advantage of daily fluctuations.
The Wall Street Journal offers newswires and Market Watch services from Dow Jones online. You'll find complete currency data and comprehensive viewpoints to consider. Timely currency news is available to subscribers of the Wall Street Journal. - 23218
Any large international company stationed in the U.S. can be adversely affected by a strong dollar. Strong foreign earned revenues can be negatively impacted by currency fluctuations. Information within the pages of a Wall Street Journal subscription will reveal this data.
It has been estimated that 5-10% of the activity on the Forex market is done because of business hedging and government involvement. Governments and businesses need to convert one currency into another to buy and sell goods and services. The other 90-95% is pure speculation.
High profile players love the Forex market since they don't get locked out due to 24 hour trading. The huge liquidity allows for easy inexpensive entry and exit points.
Forex activity is heaviest in New York from Wall Street between the hours of 8 AM to 5 PM and account for about fifteen percent of all trades. Tokyo accounts for about 10% of trades and is most active 7 PM to 3 AM EST.
Making money on Forex is a matter of predicting price and using an effective exit strategy. Many systems exist that allow speculators to capture profits as certain conditions develop.
Day traders move in and out of trades several times a day capturing a portion of the profit. Large Wall Street companies employ thousands of professional traders that take advantage of daily fluctuations.
The Wall Street Journal offers newswires and Market Watch services from Dow Jones online. You'll find complete currency data and comprehensive viewpoints to consider. Timely currency news is available to subscribers of the Wall Street Journal. - 23218
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posted by X - Men @ 1:57 AM
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