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Sudan starts trading devalued pound to end black market
KHARTOUM (Reuters) - Sudanese foreign exchange bureaux started trading Sudanese pounds at a devalued rate on Monday as part of an effort by officials to curb illegal trade and stablise the currency. Black market dealers in the capital Khartoum said they would continue to buy and sell currency for now to take advantage of the lingering - albeit slimmer - gap between the official and unofficial ...
Read more...Currency Trading Platform iFOREX Introduces 1-on-1 Forex Training
Foreign exchange and CFD trading platform iFOREX has today announced the expansion of their Forex training services. All new iFOREX clients can now take advantage of a complementary 1-on-1 tutorial session where they can discuss the benefits of the Forex market with a trained representative.
Read more...Foreign currency exchange: don't get ripped off on your holiday money
With the pound trading at a high against the euro, many of us are starting to buy our holiday money. But be sure to follow these steps to avoid getting ripped off.
Read more...The Greatest Currency Trades Ever Made
The foreign exchange (forex) market is the largest market in the world because??currency??is changing hands whenever goods and services are traded between nations. The sheer size of the transactions going on between nations provides??arbitrage??opportunities for??speculators, because the currency values fluctuate by the minute. Usually these speculators make many??trades??for small profits, but ...
Read more...FXCM Inc. Announces First Quarter 2012 Results
FXCM Inc. , a leading online provider of foreign exchange, or FX, trading and related services, today announced for the quarter ended March 31, 2012, revenues under US GAAP of $102.6 million, compared to $94.6 million for the quarter ended March 31, 2011, an increase of 8%.
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