Dollar clings to gains after the publication of the minutes of the meeting of the Central and sterling rises

Iuyork (Reuters) - The dollar cohesion, near its highest level in seven months against a basket of major currencies on Wednesday after it boosted last minutes of a meeting of the Federal Reserve (the US central bank) expectations that the bank will raise interest rates in December, while the pound has increased the support of receding worries about the British economy.
Fed meeting in September, the minutes showed that many of the members who have the right to vote in the bank's monetary policy committee believe that a rate hike would be justified "relatively soon" if the US economy continues to improve.
And went down the dollar index, which tracks the US currency's performance against a basket of six major currencies, initially following the publication of minutes of the meeting, but came back to rise to close with little change. The index in the latest reading, up by 0.21 percent to 97.900, nearing its highest level in seven months, of which 98.043 touched before the publication of the record.
In the latest insider dollar rose 0.71 percent against the Japanese currency to 104.23 yen after touching earlier in the highest level in more than ten weeks at 104.48 yen.
The euro fell 0.35 percent against the greenback to $ 1.1014 after touching its lowest level in 11-week low of $ 1.1005 earlier.
The dollar rose in the latest transactions 0.16 percent against the Swiss franc to 0.9897 francs, near its highest level in 11 weeks of 0.9909 francs touched earlier.
Sterling rose in the latest insider 0.67 percent to 1.2204, after rising 1.6 percent earlier to its highest level in the session at $ 1.2326.
(Preparation Abdel Moneim Dirar Arab Bulletin)

Trading and trading in the currency market [] J

The buying and selling of different currencies in US dollars or other currencies, including the so-called dual currency in exchange for the US dollar or any other currency against other currencies in value. Trading in currencies is a win from trade on the stock market.

1988-2007 stock movement in the currency trading market, in units of billion US dollars.
The large multi-currency changes, which helps to do some business operations in a single day. It is well known that the declines big influence on the financial markets, which could lead to the collapse of stocks or bonds. The forex market Falling US dollar (for example) means that the rise of the second currency and there is no collapse like a stock or bond markets.
Forex Market combines four regional markets: Australian, Asian, European and American. And continue trading operations in which all working days and is closed on Saturdays and Sundays the market, the market operates around the clock 24 hours a day. It notes a relative lull from 20:00 until 01:00 GMT, and is attributed to the closure of the New York Stock Exchange at eight in the evening and the start of the Tokyo Stock Exchange work at one in the morning. With the entry of technology and the Internet has become possible to use the opening of accounts and trading in international markets with companies and banks did not go to them, even in all the countries of the world, including London and Hon Kong and the UAE, and Dubai.
Of the most important characteristics of trading in the forex market in addition to the rapid variability is traded on margin, or what is known Margin trade. That this trade deal with so-called (trade margin) ie you book a small amount from your account ($ 1,000) for the purchase of (100,000) dollars and called the unit purchase (Lott) and you win or lose depending on currency or item movement or metal that you have purchased or sold it and this kind of trade (though it seems simple) is to win the types of trading where you can earn a big profit in a few seconds as a result of the news of economic or raise the interest rate and download or natural or other causes of economic and other disaster.
A significant feature of the currency market is the balance of the property, although this seems strange. Everyone knows that the sudden decline of basic property of the financial market is. But the forex market differs from the stock market in that it does not fall. When you lose stock value this be a collapse. If, for example, the dollar collapsed, it just means that another currency has become stronger - an example of the Japanese yen, which has become in a few months of 1998, almost the strongest quarter for the dollar. This has been the falling dollar for some days arrived at that period of tens of per cent. Despite the collapse of the market it did not happen and transactions continued as usual, in this confined to the stability of the currency market and the associated work. This is because the currency is considered full liquidity goods can be bought or sold at all times.

The history of the currency market

Some scholars say that the Forex market dates back to the Babylonians in terms of foundations and principles. In those times, traders would exchange their goods in exchange for materials Okhry.obsbb the absence of a central location and the involvement of governments which significantly expand the market, which contributed to the US economic crisis in twenty and thirty years of the twentieth century.
In these years (in 1929 precisely), and despite the passage of so many years (almost 300 years) exchange markets still does not mean much when some individuals in the world.
Stock markets exist in all countries of the world, and each exchange of specialization and scope. In addition to the currency market there are other types of exchanges, such as metals, "COMEX" and "Nymex", energy exchanges, exchanges of capital markets or stocks Aowalsndhat debt markets, commodity markets, including oranges, pigs, eggs, cereals, sugar, coffee juice.
There are two types of exchanges: Exchange direct exchanges exchanges exchanges exchanges across communication networks Over the counter (OTC) [5]
Forex tracking stock exchanges exchanges across the contact Over networks the counter (OTC) are markets where buying and selling goods without having a central place specified but are buying and selling between the companies, banks and individuals operations through communication and computer networks (via contact teleconference and the Internet computer at a time one among hundreds of banks around the world). That is why the magnitude of the currency market, there are hundreds of millions of dollars are sold and purchased every few seconds. Currency and stock markets are also characterized by various indicators and technical analysis and news analysis and rapid access to the profits.
Although some analysts are divided. Some just look at the risks and others perceived benefits, but soon the currency trading market found its way along with other investment channels of money and metals, real estate and commodities futures and other markets.

Features exchange market

The estimated financial analysts daily volume of currency trading in the Forex market by about 3 trillion dollars (three thousand billion dollars a day) where thousands of millions of dollars are bought and sold every second. [1] As an example, showed a survey carried out by the Arab Advisors Group said about 70 000 Jordanian trading in foreign currencies on margin (Forex) amounts nearly US $ 7 million. [2]
And are traded through the buying and selling of the major currencies, which holds the core portion of the operations in the forex market is the US dollar (USD) the base currency of the European and Euro (EUR) and British pound (GBP) and Swiss franc (CHF) and Japanese yen (JPY), Australian dollar ( AUD), Canadian dollar CAD)) and other Arab and foreign currencies.
Economists consider that the currency markets are unusual markets created by the technical and facilitated the spread in recent times, and influenced the forex market the technology, this market was able to attract large groups of investors over the past years thanks to the proliferation of technology and means of communication. [3]
Unlike several markets spread in the market, the currency market is not an elitist market fluent deal with only a few people, but not of economic interest in the media coverage of forex trading activities to make this market away from the public. Even people who do not have experience in dealing with the Internet and computers, can trade through phone calls to brokerage firms and expected to accept a large segment of young Saudis and the Gulf to trade currencies in the coming periods. [4]