Forex

Weighing the Dollar Alternatives

The dollar has suffered a landslide of scrutiny and negative sentiment over the past eight months. Yet just nine months ago it was the currency that every investor and central banker in the world wanted to own! The world economy was on the ropes, and the dollar represented safety. Since then, fear h

Weighing the Dollar Alternatives: Part II by Bryan Rich

In last week’s Money and Markets column, I analyzed the three major liquid currencies as prospective alternatives to the U.S. dollar: The Japanese yen, the British pound and the euro. Fundamentally, they all fell short. As I explained then, these three don’t offer any appeal over the dol

Oanda Reviews

Company: OANDA  provides internet-based forex trading and currency information services. OANDA has offered online currency exchange information since 1996 and forex trading services since 2001. Software: The FXTrade platform is used by traders, investment managers, financial institutions, and corp

Interactive Brokers Reviews

Company: Interactive Brokers Group, Inc. (IB) is a US based online discount brokerage firm. IB launched a public offering in May 2007 under the ticker symbol IBKR on the Nasdaq exchange. Barron’s Magazine stated in 2009 that Interactive Brokers maintains a position as the least expensive tra

Federal Reserve

The Federal Reserve is the central bank of the United States. It was created by the US Congress in 1913 with the Federal Reserve Act. Alan Greenspan was previously Chairman of the Board of Governors of the Federal Reserve, and in October 2005 President Bush nomina

Exchange Rate

The price of one currency stated in terms of another currency.

Exotic Carry Trade Strategies

The Carry Trade strategy in forex trading involves buying a high yielding currency and selling a lower yielding currency. In doing this you will capture the interest rate differential. For example if the New Zealand Dollar has an interest rate of xx and the Japanese Yen has an interest rate of xx. I

FX Rollovers

Rollover describes the process where the settlement of an open trade is rolled forward to another value date. In the Forex Market trades must be settled within two business days. However, open positions can be swapped forward to the next settlement date. Normally,

Euroyen

Euroyen refers to Yen deposits held in banks outside Japan. See also: Eurodollars

Euroland

The region made up of the 12 countries that use the Euro Currency.