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The greenback extended its overnight slide into the New York session as US markets returned from the long weekend. Improving global risk appetite pushed the Dow Jones, Nasdaq and S&P 500 higher by over 1% and crude oil up to just beneath the $77-per barrel level. The hawkish RBA minutes set the tone for the markets – revealing its upbeat expectations for economic growth .....


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Written by Forex Man   

To Day March 21, 2012

The word FOREX is derived form Foreign Exchange and is the largest financial market in the world.
Unlike many markets, the FX market is open 24 hours per day and has an estimated $1.5 Trillion in turnover every day.
This tremendous turnover is more than the combination of all the worlds’ stock markets on any given day.

 

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