When trading foreign exchange, you are quoted a dealing spread offering you a buying and a selling level for your trade. Once you accept the offered price and receive confirmation from our dealers, the trade is done. There is no need to call an exchange floor. There are no other time-consuming delays. This is possible due to live streaming prices, which are also a great advantage in times of fast-moving markets: You can see where the market is trading and you know whether your orders are filled or not.
The dealing spread is typically 3-5 points in normal market conditions. This means that you can sell US dollars against the euro at 1.7780 and buy at 1.7785. There are no further costs, commissions or exchange fees.
This ensures that you can get in and out of your trades at very low slippage and many traders are therefore active intra-day traders, given that a typical day in USDEUR presents price swings of 150-200 points.
Thursday, April 23, 2009
Base Currency and Variable Currency
When you trade, you will always trade a combination of two currencies. For example, you will buy US dollars and sell euro. Or buy euro and sell Japanese yen, or any other combination of dozens of widely traded currencies. But there is always a long (bought) and a short (sold) side to a trade, which means that you are speculating on the prospect of one of the currencies strengthening in relation to the other.
The trade currency is normally, but not always, the currency with the highest value. When trading US dollars against Singapore dollars, the normal way to trade is buying or selling a fixed amount of US dollars, i.e. USD 1,000,000. When closing the position, the opposite trade is done, again USD 1,000,000. The profit or loss will be apparent in the change of the amount of SGD credited and debited for the two transactions. In other words, your profit or loss will be denominated in SGD, which is known as the price currency. As part of our service, Saxo Bank will automatically exchange your profits and losses into your base currency if you require this.
The trade currency is normally, but not always, the currency with the highest value. When trading US dollars against Singapore dollars, the normal way to trade is buying or selling a fixed amount of US dollars, i.e. USD 1,000,000. When closing the position, the opposite trade is done, again USD 1,000,000. The profit or loss will be apparent in the change of the amount of SGD credited and debited for the two transactions. In other words, your profit or loss will be denominated in SGD, which is known as the price currency. As part of our service, Saxo Bank will automatically exchange your profits and losses into your base currency if you require this.
Term Securities Lending Facility Options Program (TOP) Terms and Conditions
The System Open Market Account (SOMA) Term Securities Lending Facility Options Program (TOP) offers options to draw upon loans of U.S. Treasury securities from the SOMA portfolio in accordance with the program terms and conditions set forth below and in the Term Securities Lending Facility (TSLF) terms and conditions.All terms and conditions are subject to change.
Term Securities Lending Facility
In addition to the daily Securities Lending program, the Bank provides Treasury general collateral financing through the Term Securities Lending Facility (TSLF) and TSLF Options Program (TOP) to promote liquidity in Treasury and other collateral markets and thus foster the functioning of financial markets more generally. Weekly TSLF auctions offer Treasury securities held by the System Open Market Account (SOMA) for loan over a one-month term against program-eligible general collateral. The TOP offers options to borrow Treasury securities against program-eligible collateral over a short term that crosses key financing dates. Securities loans and options on securities loans are awarded to primary dealers based on competitive single-price auctions.
Foreign Exchange
The Federal Reserve Bank of New York carries out foreign exchange-related activities on behalf of the Federal Reserve System and the U.S. Treasury. In this capacity, the Bank monitors and analyzes global financial market developments, manages the U.S. foreign currency reserves, and from time to time intervenes in the foreign exchange market. The Bank also executes foreign exchange transactions on behalf of customers.
FOREIGN POLICY
Pakistan Table of Contents
Pakistan's foreign policy has been marked by a complex balancing process--the result of its history, religious heritage, and geographic position. The primary objective of that policy has been to preserve Pakistan's territorial integrity and security, which have been in jeopardy since the state's inception.
A new era began with the partition of British India in 1947 and the formation of two independent, sovereign states--India and Pakistan. Both nations searched for their place in the world order and aspired to leadership roles beyond the subcontinent.
India and Pakistan became adversaries at independence and have so remained. The two countries fought each other shortly after partition, in 1965, and in 1971, causing the dismemberment of Pakistan and the creation of still another new sovereign entity--Bangladesh. India-Pakistan rivalry intensified rather than diminished after the Cold War, and the Kashmir territorial dispute remains dangerous and recurrent.
Pakistan sought security through outside alliances. The new nation painstakingly worked on building a relationship with the United States, in which the obligations of both sides were clearly defined. The Western-oriented, anticommunist treaties and alliances Pakistan joined became an important part of its foreign policy. Pakistan also saw itself as a vanguard of independent Muslim states.
Foreign Relations with ...
Pakistan's foreign policy has been marked by a complex balancing process--the result of its history, religious heritage, and geographic position. The primary objective of that policy has been to preserve Pakistan's territorial integrity and security, which have been in jeopardy since the state's inception.
A new era began with the partition of British India in 1947 and the formation of two independent, sovereign states--India and Pakistan. Both nations searched for their place in the world order and aspired to leadership roles beyond the subcontinent.
India and Pakistan became adversaries at independence and have so remained. The two countries fought each other shortly after partition, in 1965, and in 1971, causing the dismemberment of Pakistan and the creation of still another new sovereign entity--Bangladesh. India-Pakistan rivalry intensified rather than diminished after the Cold War, and the Kashmir territorial dispute remains dangerous and recurrent.
Pakistan sought security through outside alliances. The new nation painstakingly worked on building a relationship with the United States, in which the obligations of both sides were clearly defined. The Western-oriented, anticommunist treaties and alliances Pakistan joined became an important part of its foreign policy. Pakistan also saw itself as a vanguard of independent Muslim states.
Foreign Relations with ...
Understanding How and Why OTC Forex Markets Work
Understanding How and Why OTC Forex Markets Work
Trading the OTC (over the counter) currency markets offers an opportunity to hedge stock and bond investing, but really is more of a traded market following the ebbs and flows of global commerce than it is an investment arena to plan retirement from. Getting to know six major currency pairs would seem an easy task when compared to the tens of thousands of stock and bond options available for analysis. But it seems that it is not necessarily how each currency will move against the Usd; more importantly it seems is knowing when the market will have momentum is key to not getting caught in reversals and snap-backs whilst leveraged at 100:1.
Setting times to trade really does make a lot of sense with the near-term view that forex valuations carry. "There are three main forex moving times that regularly garner attention, and therefore offer an ability to move prices with momentum" TheLFB-Forex.com trade team explained. "They are the 2am EDT German Dax futures market, the 6am EDT London gold/oil fixings and LIBOR rates being set, and the 11am EDT European market close. Outside of that, the return from lunch in Japan and the closing of the NYMEX markets really are the only other times that prices move substantially and then hold".
"At the end of the U.S. session the pattern is for Asian markets to try and initially reverse U.S. trade direction, although the lack of volume tends to soon allow pairs to find and hold support areas. The European markets tend to move in the same direction as Asian trade, and then U.S. based futures traders try to reverse things and re-set their books as the London fixings are placed between 5-6am EDT" said TheLFB-Forex.com Trade Team members.
At 10:30am in London telephone bids at the gold and oil fixings take place, something that sets the morning clearing prices for bullion and crude dealers that are then adjust once again at 3.30pm local time. At 11am each day in London the British Bankers Association set the inter-bank LIBOR rates, something that sets the tone for lending rates between financial market participants.
The London fixings tend to force Chicago based futures markets into a re-alignment program at 06:00 EDT that replicates the newly set fair values on oil, gold, and lending rates, and by default tends to then impact Usd based currency values. "It is rare for the U.S. not to push back each morning and reverse the pattern of forex trade that came before, especially if a sizeable move has happened in overnight forex trade" TheLFB-Forex.com Trade Team said.
"Forex traders really need to know what is going to trigger the technical set-ups, and therefore be prepared to ride momentum while it lasts. In the trading forex arena there are different things to look for than in the equity and bond investment world; a week in forex is like a month’s worth of stock trade" they said.
"There are three or four times in a 24 hour period that forex traders are well advised to switch tack, lock in profit, and/or reverse near-term directional thinking" the team said. "The European and NYMEX close are the U.S. based times to get through, because then, maybe, the equity markets can reveal where they really want to go. Traders looking for moves outside of 06:00 EDT, 11:00 EDT, and maybe 14:30 EDT, may just find themselves sitting and waiting, wondering why they just bought the high of the day that then reversed".
As the global economy travels through the contraction phase of its business cycle the leaning is towards S&P futures trade to confirm sentiment. "The speculators are never too far away from the S&P in times of fear; either selling into the fear of loss, or buying into the fear of missing profits. That is the reason for so much near-term volatility, and that is how things will stay until signs of GDP expansion are seen globally".
Until then it seems that the 23 hour a day S&P futures trade will set up the eight hour S&P cash market in the U.S. and by default will set up the Usd direction. Long equities tend to lead to short dollars, and vice versa. "Trends, it seems, will come only when the two get aligned" TheLFB team said..
Written by TheLFB Trade Team, © 2007-2008 LFB Services, LLC. All rights reserved. http://www.thelfb-forex.com/
TheLFB Risk Disclaimer can be found at http://www.thelfb-forex.com/content.aspx?id=174.
The Copying, Broadcast, Republication or Redistribution of TheLFB Content is Expressly Prohibited Without the Prior Written Consent of LFB Services, LLC.
Trading the OTC (over the counter) currency markets offers an opportunity to hedge stock and bond investing, but really is more of a traded market following the ebbs and flows of global commerce than it is an investment arena to plan retirement from. Getting to know six major currency pairs would seem an easy task when compared to the tens of thousands of stock and bond options available for analysis. But it seems that it is not necessarily how each currency will move against the Usd; more importantly it seems is knowing when the market will have momentum is key to not getting caught in reversals and snap-backs whilst leveraged at 100:1.
Setting times to trade really does make a lot of sense with the near-term view that forex valuations carry. "There are three main forex moving times that regularly garner attention, and therefore offer an ability to move prices with momentum" TheLFB-Forex.com trade team explained. "They are the 2am EDT German Dax futures market, the 6am EDT London gold/oil fixings and LIBOR rates being set, and the 11am EDT European market close. Outside of that, the return from lunch in Japan and the closing of the NYMEX markets really are the only other times that prices move substantially and then hold".
"At the end of the U.S. session the pattern is for Asian markets to try and initially reverse U.S. trade direction, although the lack of volume tends to soon allow pairs to find and hold support areas. The European markets tend to move in the same direction as Asian trade, and then U.S. based futures traders try to reverse things and re-set their books as the London fixings are placed between 5-6am EDT" said TheLFB-Forex.com Trade Team members.
At 10:30am in London telephone bids at the gold and oil fixings take place, something that sets the morning clearing prices for bullion and crude dealers that are then adjust once again at 3.30pm local time. At 11am each day in London the British Bankers Association set the inter-bank LIBOR rates, something that sets the tone for lending rates between financial market participants.
The London fixings tend to force Chicago based futures markets into a re-alignment program at 06:00 EDT that replicates the newly set fair values on oil, gold, and lending rates, and by default tends to then impact Usd based currency values. "It is rare for the U.S. not to push back each morning and reverse the pattern of forex trade that came before, especially if a sizeable move has happened in overnight forex trade" TheLFB-Forex.com Trade Team said.
"Forex traders really need to know what is going to trigger the technical set-ups, and therefore be prepared to ride momentum while it lasts. In the trading forex arena there are different things to look for than in the equity and bond investment world; a week in forex is like a month’s worth of stock trade" they said.
"There are three or four times in a 24 hour period that forex traders are well advised to switch tack, lock in profit, and/or reverse near-term directional thinking" the team said. "The European and NYMEX close are the U.S. based times to get through, because then, maybe, the equity markets can reveal where they really want to go. Traders looking for moves outside of 06:00 EDT, 11:00 EDT, and maybe 14:30 EDT, may just find themselves sitting and waiting, wondering why they just bought the high of the day that then reversed".
As the global economy travels through the contraction phase of its business cycle the leaning is towards S&P futures trade to confirm sentiment. "The speculators are never too far away from the S&P in times of fear; either selling into the fear of loss, or buying into the fear of missing profits. That is the reason for so much near-term volatility, and that is how things will stay until signs of GDP expansion are seen globally".
Until then it seems that the 23 hour a day S&P futures trade will set up the eight hour S&P cash market in the U.S. and by default will set up the Usd direction. Long equities tend to lead to short dollars, and vice versa. "Trends, it seems, will come only when the two get aligned" TheLFB team said..
Written by TheLFB Trade Team, © 2007-2008 LFB Services, LLC. All rights reserved. http://www.thelfb-forex.com/
TheLFB Risk Disclaimer can be found at http://www.thelfb-forex.com/content.aspx?id=174.
The Copying, Broadcast, Republication or Redistribution of TheLFB Content is Expressly Prohibited Without the Prior Written Consent of LFB Services, LLC.
PFGBest offers a complete Forex trading solution
Please click on one of the above panels that best suits your trading needs.
You should be with PFGBest.
PFGBest is well positioned to help clients excel at trading the expanding global markets for futures and foreign exchange. It has combined the speed of its proprietary BEST Direct electronic trading platform. PFGBest Forex clients have the benefits of a number of trading system solutions, and PFGBest has integrated its technology with up-to-the-minute breaking world and financial news to lend even more value through the complete trading platform. All of this is augmented by two, 24-hour dealing desks in Chicago and New York City, staffed by professional dealers ready to assist traders at any time, along with an extremely knowledgeable and helpful back office team.
Professional account services for easy account openings, whether for an individual, a money manager, a partnership, or corporate applications
Expertise in handling statements, policies and government forms online
Easy access to supplementary information for any trading needs, such as government-required forms, information on different types of orders, or how roll-over procedures work
Trading simulation and contests to speed the learning curve in FX, futures and stock index trading using the BEST Direct online trading platform
Expert customer care in online, full-service brokerage, managed accounts and institutional trading
These are just part of the PFGBest value proposition. For a higher level of support – to leverage the power of the world’s fastest growing markets – You Should Be With PFGBest.
You should be with PFGBest.
PFGBest is well positioned to help clients excel at trading the expanding global markets for futures and foreign exchange. It has combined the speed of its proprietary BEST Direct electronic trading platform. PFGBest Forex clients have the benefits of a number of trading system solutions, and PFGBest has integrated its technology with up-to-the-minute breaking world and financial news to lend even more value through the complete trading platform. All of this is augmented by two, 24-hour dealing desks in Chicago and New York City, staffed by professional dealers ready to assist traders at any time, along with an extremely knowledgeable and helpful back office team.
Professional account services for easy account openings, whether for an individual, a money manager, a partnership, or corporate applications
Expertise in handling statements, policies and government forms online
Easy access to supplementary information for any trading needs, such as government-required forms, information on different types of orders, or how roll-over procedures work
Trading simulation and contests to speed the learning curve in FX, futures and stock index trading using the BEST Direct online trading platform
Expert customer care in online, full-service brokerage, managed accounts and institutional trading
These are just part of the PFGBest value proposition. For a higher level of support – to leverage the power of the world’s fastest growing markets – You Should Be With PFGBest.
Top 100 Public Intellectuals
They are some of the world’s most introspective philosophers and rabble-rousing clerics. A few write searing works of fiction and uncover the mysteries of the human mind. Others are at the forefront of modern finance, politics, and human rights. In the second Foreign Policy/Prospect list of top public intellectuals, we reveal the thinkers who are shaping the tenor of our time.
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April 10, 2009
The U.S. dollar is gaining in forex trading this morning on the news that the U.S. economy is improving. Earnings reports yesterday, especially from Wells Fargo and other financial institutions, are spurring optimism.
Indeed, it's an interesting dynamic today in currency trading on the FX market. Even though risk appetite has improved, the greenback is gaining. Recently, the U.S. dollar has been benefiting from its status as a safe haven currency.
However, it is possible that forex traders are more comfortable with the U.S. dollar right now because the economy is showing signs of improvement while other economies -- especially the euro zone economy -- continue to show weakness. The euro is struggling in forex trading on economic weakness.
Until other economies start to show strength, the U.S. dollar will probably be preferred in forex trading. The underlying fundamentals (like national debt) are not terribly important right now while it appears that things are strengthening for the U.S. on the surface.
Indeed, it's an interesting dynamic today in currency trading on the FX market. Even though risk appetite has improved, the greenback is gaining. Recently, the U.S. dollar has been benefiting from its status as a safe haven currency.
However, it is possible that forex traders are more comfortable with the U.S. dollar right now because the economy is showing signs of improvement while other economies -- especially the euro zone economy -- continue to show weakness. The euro is struggling in forex trading on economic weakness.
Until other economies start to show strength, the U.S. dollar will probably be preferred in forex trading. The underlying fundamentals (like national debt) are not terribly important right now while it appears that things are strengthening for the U.S. on the surface.
Pakistan Forex News
TABLE - Pakistan economic indicators - April 23 23 Apr 2009 04:51 GMT... bills 13,0737 12.9828 12-months bills 13,2738 13,4928 Pakistan Investment Bond (PIB) Auction Results: Cut-off Yield ... liquid frx reserves $11.229 bln $11.17 bln Forex held by central bank $ 7.865 bln $ 7.80 bln Forex ...
Pak, Iran to cooperate in various sectors 22 Apr 2009 22:50 GMT... the need for increasing bilateral cooperation between Pakistan and Iran, particularly in the agriculture sector. ... export the golden grain and earn precious forex. Provincial parliamentary secretary for food Saeed Mughal, provincial parliamentary ...
Zee Entertainment Q4 net profit dips 7% yoy 22 Apr 2009 11:31 GMT... Ten Sports acquired the rights to the Pakistan Cricket Board during the quarter. It now ... including losses of Rs103mn on account of Forex derivative transaction. The company also incurred losses of Rs118mn ...
TABLE - Pakistan economic indicators - April 22 22 Apr 2009 04:31 GMT... TABLE - Pakistan economic indicators - April 22 ====== DAILY ... liquid frx reserves $11.229 bln $11.17 bln Forex held by central bank $ 7.865 bln $ 7.80 bln Forex ...
Hike in power prices: textile working group to launch protest from April 28 21 Apr 2009 23:51 GMT... a joint news conference, Muhammad Yousaf, Chairman Pakistan Textile Exporters Association (PTEA), convenor of the ... in the country contributing 62 percent of forex earnings and providing 40 percent of national employment. He said ...
TABLE - Pakistan economic indicators - April 21 21 Apr 2009 04:50 GMT... TABLE - Pakistan economic indicators - April 21 ====== DAILY ... liquid frx reserves $11.229 bln $11.17 bln Forex held by central bank $ 7.865 bln $ 7.80 bln Forex ...
TABLE - Pakistan economic indicators - April 20 20 Apr 2009 05:12 GMT
Pak, Iran to cooperate in various sectors 22 Apr 2009 22:50 GMT... the need for increasing bilateral cooperation between Pakistan and Iran, particularly in the agriculture sector. ... export the golden grain and earn precious forex. Provincial parliamentary secretary for food Saeed Mughal, provincial parliamentary ...
Zee Entertainment Q4 net profit dips 7% yoy 22 Apr 2009 11:31 GMT... Ten Sports acquired the rights to the Pakistan Cricket Board during the quarter. It now ... including losses of Rs103mn on account of Forex derivative transaction. The company also incurred losses of Rs118mn ...
TABLE - Pakistan economic indicators - April 22 22 Apr 2009 04:31 GMT... TABLE - Pakistan economic indicators - April 22 ====== DAILY ... liquid frx reserves $11.229 bln $11.17 bln Forex held by central bank $ 7.865 bln $ 7.80 bln Forex ...
Hike in power prices: textile working group to launch protest from April 28 21 Apr 2009 23:51 GMT... a joint news conference, Muhammad Yousaf, Chairman Pakistan Textile Exporters Association (PTEA), convenor of the ... in the country contributing 62 percent of forex earnings and providing 40 percent of national employment. He said ...
TABLE - Pakistan economic indicators - April 21 21 Apr 2009 04:50 GMT... TABLE - Pakistan economic indicators - April 21 ====== DAILY ... liquid frx reserves $11.229 bln $11.17 bln Forex held by central bank $ 7.865 bln $ 7.80 bln Forex ...
TABLE - Pakistan economic indicators - April 20 20 Apr 2009 05:12 GMT
Foreign Exchange (Forex) Market
Presently, there are various kinds of financial market, it is divided into: Stock market, interest market (including bond, commercial bill and so on), gold market (including gold, platinum, silver), futures market (including grain, cotton and kapok, oil and so on), option market and foreign exchange market or forex market and so on. The foreign exchange market is a place to trade foreign exchange currency, or it is also a place for the transaction of all foreign currency. The foreign exchange market therefore is existence, because of:
Trade and investmentImport and export business, people pays one kind of currency when doing business, but when earns another kind of currency when receive the commodity. This means that, when settling account, business people will pay and receive different currencies. Therefore, they must convert the currencies that they received into the currencies that they could buy commodities. With this similar, when buying a foreign property a company must use the concerned country's currency to make payment, therefore, it needs to convert the domestic currency is concerned country's currency.
Speculation Currencies exchange rates could fluctuate according to the demand and supply between two currencies. A Forex trader buys up one kind of currency in an exchange rate, but up casts this currency in another more advantageous exchange rate, he may gain. Speculation has occupied most of the Forex market.
Hedging Due to the fluctuation between two currencies, those companies who owns foreign asset (for example factory), when these companies convert these properties into cost country currencies, there consist of certain risks. When the value of a foreign asset which is estimated based on foreign currencies remained unchanged, if the exchange rate changes, when converting this property value according to the domestic currency, there could be profit and loss. The company may eliminate such hidden risk through hedging. This carries out a foreign currency trading, its transaction result just counterbalances the foreign currency property profit and loss which produces by the exchange rate change.
Forex Market Development The history of the Forex market as an international capital speculation market is much shorter compared the stock, the gold, the stock, the interest market, but it is developing in an astonishing speed. Today, the foreign exchange market daily trading volume has amounted to 150 billion US dollars, it’s scale has gone far beyond the stock, the stock and other finance commodity markets, it has became the world's most biggest sole finance market and the also the speculation market. Since the birth of the foreign exchange market, the fluctuation of the exchange rate of the Forex market is becoming bigger. In September 1985, 1 US dollar exchanged 220 Japanese Yen, but in May 1986, 1 US dollar only could exchange 160 Japanese Yen, in 8 months, the Japanese Yen has revalued 27%. In recent years, the foreign exchange market wave amplitude has been bigger, on September 8, 1992, 1 pound exchanged 2.0100 US dollars, on November 10, 1 pound exchanged 1.5080 US dollars, in the short two months, the pound exchanged US dollar exchange rate to fall more than 5,000, depreciated 25%. Not only that, presently, everyday the fluctuation of the exchange rate of the Forex market enlarges unceasingly, within a day the rise and drop 2% to 3% is commonly seen. On September 16, 1992, the pound exchanged US dollar from 1.8755 to fall to 1.7850, the pound on first lowers 5%.
Due to the large fluctuation of the Forex market, it has created more opportunities for the investor, attracted more and more investors to join this ranks.
Trade and investmentImport and export business, people pays one kind of currency when doing business, but when earns another kind of currency when receive the commodity. This means that, when settling account, business people will pay and receive different currencies. Therefore, they must convert the currencies that they received into the currencies that they could buy commodities. With this similar, when buying a foreign property a company must use the concerned country's currency to make payment, therefore, it needs to convert the domestic currency is concerned country's currency.
Speculation Currencies exchange rates could fluctuate according to the demand and supply between two currencies. A Forex trader buys up one kind of currency in an exchange rate, but up casts this currency in another more advantageous exchange rate, he may gain. Speculation has occupied most of the Forex market.
Hedging Due to the fluctuation between two currencies, those companies who owns foreign asset (for example factory), when these companies convert these properties into cost country currencies, there consist of certain risks. When the value of a foreign asset which is estimated based on foreign currencies remained unchanged, if the exchange rate changes, when converting this property value according to the domestic currency, there could be profit and loss. The company may eliminate such hidden risk through hedging. This carries out a foreign currency trading, its transaction result just counterbalances the foreign currency property profit and loss which produces by the exchange rate change.
Forex Market Development The history of the Forex market as an international capital speculation market is much shorter compared the stock, the gold, the stock, the interest market, but it is developing in an astonishing speed. Today, the foreign exchange market daily trading volume has amounted to 150 billion US dollars, it’s scale has gone far beyond the stock, the stock and other finance commodity markets, it has became the world's most biggest sole finance market and the also the speculation market. Since the birth of the foreign exchange market, the fluctuation of the exchange rate of the Forex market is becoming bigger. In September 1985, 1 US dollar exchanged 220 Japanese Yen, but in May 1986, 1 US dollar only could exchange 160 Japanese Yen, in 8 months, the Japanese Yen has revalued 27%. In recent years, the foreign exchange market wave amplitude has been bigger, on September 8, 1992, 1 pound exchanged 2.0100 US dollars, on November 10, 1 pound exchanged 1.5080 US dollars, in the short two months, the pound exchanged US dollar exchange rate to fall more than 5,000, depreciated 25%. Not only that, presently, everyday the fluctuation of the exchange rate of the Forex market enlarges unceasingly, within a day the rise and drop 2% to 3% is commonly seen. On September 16, 1992, the pound exchanged US dollar from 1.8755 to fall to 1.7850, the pound on first lowers 5%.
Due to the large fluctuation of the Forex market, it has created more opportunities for the investor, attracted more and more investors to join this ranks.
Our advantages:
1. Our own trading platform with new possibilities for the clients.2. Transactions of any arbitrary volume beginning from $100.3. Instant execution.4. Automatic execution of the orders.5. Possibility of opening two opposite positions.6. Fixed spread from 2 points for all account types.7. Possibility of opening account within 10 minutes from any part of the world.8. Money withdrawal through the terminal without filing special separate requests.9. Language support by telephone, internet chat, e-mail.
Forex Rates
Remittance
KKI'S Buying
KKI'S Selling
US Dollar TT
0
0
US Dollar DD
0
0
Currency Notes
Australian Dollar
56.34
56.95
Bahrain Dinar
212.08
213.43
Canadian Dollar
64.44
65.09
China Yuan
0
0
Danish Krone
13.98
14.1
Euro
103.97
105.21
Hong Kong Dollar
10.18
10.4
Indian Rupee
1.58
1.68
Japanese Yen
0.8099
0.8158
Kuwaiti Dinar
272.8
277.57
Malaysian Ringgit
0
0
NewZealand $
43.5
43.8
Norwegians Krone
11.93
12.05
Omani Riyal
207.79
209.13
Qatari Riyal
21.89
22.22
Saudi Riyal
21.4
21.48
Singapore Dollar
0
0
Swedish Korona
9.45
9.55
Swiss Franc
68.8
69.36
Thai Bhat
0
0
U.A.E Dirham
21.82
21.94
UK Pound Sterling
115.87
117.18
US Dollar
80.4
80.8
KKI'S Buying
KKI'S Selling
US Dollar TT
0
0
US Dollar DD
0
0
Currency Notes
Australian Dollar
56.34
56.95
Bahrain Dinar
212.08
213.43
Canadian Dollar
64.44
65.09
China Yuan
0
0
Danish Krone
13.98
14.1
Euro
103.97
105.21
Hong Kong Dollar
10.18
10.4
Indian Rupee
1.58
1.68
Japanese Yen
0.8099
0.8158
Kuwaiti Dinar
272.8
277.57
Malaysian Ringgit
0
0
NewZealand $
43.5
43.8
Norwegians Krone
11.93
12.05
Omani Riyal
207.79
209.13
Qatari Riyal
21.89
22.22
Saudi Riyal
21.4
21.48
Singapore Dollar
0
0
Swedish Korona
9.45
9.55
Swiss Franc
68.8
69.36
Thai Bhat
0
0
U.A.E Dirham
21.82
21.94
UK Pound Sterling
115.87
117.18
US Dollar
80.4
80.8
Forex Examples
We have created a number of trading examples to show you how to really get to grips with trading the foreign exchange market. Just click on the link below to learn more
Trading Strategies
Brush up on your trading strategies with CCC. Click on the link below to learn more about the power of fundamental and technical analysis to help you interpret the market.
Forex Product List
City Credit Capital offers you thirty three currency pairs to trade along with four currency futures, all tradable from our multi-product platform – CCC Trader.
Why Trade Forex?
The foreign exchange market is the largest, most liquid financial market in the world. For you as a trader, this means that there are literally hundreds of opportunities for profit, and loss, everyday
Free Forex Practice Account
Receive a free demonstration version of our online trading software by submitting the form below:
Live prices in Forex, plus indices, gold, and crude oil. Just click on the price to place a trade.
No-dealing-desk instant fills in MetaTrader Forex products. No requotes or delays.
Easy-to-understand account statements, free real time Charts and News.
Instructions and your demo password will be sent to your e-mail address immediately. Demo accounts are valid for 30 days.
Live prices in Forex, plus indices, gold, and crude oil. Just click on the price to place a trade.
No-dealing-desk instant fills in MetaTrader Forex products. No requotes or delays.
Easy-to-understand account statements, free real time Charts and News.
Instructions and your demo password will be sent to your e-mail address immediately. Demo accounts are valid for 30 days.
Tuesday, April 21, 2009
Over View
CYBER CITY ONLINE (CCOL) is a Pakistan's Premier Internet Applications, Web Development, Hosting ,Databases, e-Commerce, Multimedia, Search Engine, Portal, Multilingual Web Sites Translator and e-Marketing Solution Provider, and Trend Setter of Cyber Cafe's in Pakistan.
CCOL (Formerly CYBER CITY) began operations on 17 MAY 1998. Founded by Zahid Ikram, Who sought to create a perfect e-Business environment for fellow organizations. Now by the end of 2005 CCOL Network serving its clients and members in 230 countries and more than 50 million Visitors around the globe visit our web server every year.With a wealth of tremendously valuable experienced team behind us, we are producing cost-effective web solutions for a multitude of successful clients within budgets of all sizes.
CCOL (Formerly CYBER CITY) began operations on 17 MAY 1998. Founded by Zahid Ikram, Who sought to create a perfect e-Business environment for fellow organizations. Now by the end of 2005 CCOL Network serving its clients and members in 230 countries and more than 50 million Visitors around the globe visit our web server every year.With a wealth of tremendously valuable experienced team behind us, we are producing cost-effective web solutions for a multitude of successful clients within budgets of all sizes.
Products/ Services
CYBER CITY ONLINE is Pakistan's premier Internet, Web Design, Web Hosting, e-Commerce, Multimedia Development and e-Marketing Solution Provider. We WELCOME you to visit our sites, learn about our company, quality services and get to know our clients. Web solutions From the pool of Foreign Qualified expertise provided in-house, CYBER CITY ONLINE is able to meet and surpass any customer requirements to produce visually stunning and user friendly web sites.
The Washington Post Company Acquires Foreign Policy Magazine
(WASHINGTON, D.C.) - The Washington Post Company (NYSE: WPO) announced today that it has acquired Foreign Policy magazine, a two-time winner of the prestigious National Magazine Award for General Excellence. The magazine and its award-winning website, foreignpolicy.com, have been published by the Carnegie Endowment for International Peace, a think tank headquartered in Washington, DC.
“Foreign Policy is a terrific magazine, and I’m pleased it will become a part of our company,” said Donald E. Graham, chairman and chief executive officer of The Washington Post Company. “We are committed to great magazine journalism, and I hope Foreign Policy will also become one more center of innovation that helps us expand our journalism in the online arena.”
The magazine was founded as a quarterly journal in 1970; it was relaunched as a glossy bimonthly magazine in 2000 by its current editor and publisher, Moises Naím, who will remain editor-in-chief. Taking on the world of global politics, economics and ideas as its mission, FP draws on leading journalists, thinkers and foreign policy practitioners for its trademark analysis and insight. Susan Glasser, a longtime Washington Post editor and foreign correspondent who served as co-bureau chief in Moscow and covered the wars in Iraq and Afghanistan, will join Foreign Policy as executive editor. Foreign Policy will be part of The Slate Group.
“Foreign Policy is thrilled to join The Post Company,” said Moises Naím, editor-in-chief of Foreign Policy. “In an era in which too many newspapers and magazines are retreating from international news, The Washington Post Company is smartly bucking the trend. Serving the expanding market of readers eager to understand how events in other countries affect them is what FP is all about, and that is why we are so excited to have The Washington Post Company as our new home.”
Foreign Policy, which is published in eight foreign-language editions and has a circulation of 100,000, also produces a fast-growing website and an award-winning daily blog, Passport. The magazine has been nominated for a National Magazine Award for General Excellence for the past four years and won the award in both 2003 and 2007. “Always authoritative but never heavy-handed, Foreign Policy delivers on its mission to take readers beyond the facts to understand how the world works,” said the citation for last year’s award. ____
About The Washington Post Company (www.washpostco.com) The Washington Post Company (NYSE: WPO) is a diversified education and media company whose principal operations include educational and career services, newspaper and magazine publishing, television broadcasting, cable television systems and electronic information services. The Company owns The Washington Post; Washingtonpost.Newsweek Interactive (WPNI), the online publishing subsidiary whose flagship products include washingtonpost.com, Newsweek.com, Slate, BudgetTravel.com, Sprig.com, TheRoot.com and TheBigMoney.com; Express; El Tiempo Latino; The Gazette and Southern Maryland Newspapers; The Herald (Everett, WA); Newsweek magazine; Post–Newsweek Stations (Detroit, Houston, Miami, Orlando, San Antonio and Jacksonville); Cable ONE, serving subscribers in midwestern, western and southern states; and CourseAdvisor, an online lead generation provider.
The Company also owns Kaplan, Inc., a leading global provider of educational services to individuals, schools and businesses, serving over one million students with operations in more than 30 countries. Its international programs include higher education, test preparation, language instruction and professional training.
The Company has ownership interests in the Los Angeles Times–Washington Post News Service and Bowater Mersey Paper Company.
“Foreign Policy is a terrific magazine, and I’m pleased it will become a part of our company,” said Donald E. Graham, chairman and chief executive officer of The Washington Post Company. “We are committed to great magazine journalism, and I hope Foreign Policy will also become one more center of innovation that helps us expand our journalism in the online arena.”
The magazine was founded as a quarterly journal in 1970; it was relaunched as a glossy bimonthly magazine in 2000 by its current editor and publisher, Moises Naím, who will remain editor-in-chief. Taking on the world of global politics, economics and ideas as its mission, FP draws on leading journalists, thinkers and foreign policy practitioners for its trademark analysis and insight. Susan Glasser, a longtime Washington Post editor and foreign correspondent who served as co-bureau chief in Moscow and covered the wars in Iraq and Afghanistan, will join Foreign Policy as executive editor. Foreign Policy will be part of The Slate Group.
“Foreign Policy is thrilled to join The Post Company,” said Moises Naím, editor-in-chief of Foreign Policy. “In an era in which too many newspapers and magazines are retreating from international news, The Washington Post Company is smartly bucking the trend. Serving the expanding market of readers eager to understand how events in other countries affect them is what FP is all about, and that is why we are so excited to have The Washington Post Company as our new home.”
Foreign Policy, which is published in eight foreign-language editions and has a circulation of 100,000, also produces a fast-growing website and an award-winning daily blog, Passport. The magazine has been nominated for a National Magazine Award for General Excellence for the past four years and won the award in both 2003 and 2007. “Always authoritative but never heavy-handed, Foreign Policy delivers on its mission to take readers beyond the facts to understand how the world works,” said the citation for last year’s award. ____
About The Washington Post Company (www.washpostco.com) The Washington Post Company (NYSE: WPO) is a diversified education and media company whose principal operations include educational and career services, newspaper and magazine publishing, television broadcasting, cable television systems and electronic information services. The Company owns The Washington Post; Washingtonpost.Newsweek Interactive (WPNI), the online publishing subsidiary whose flagship products include washingtonpost.com, Newsweek.com, Slate, BudgetTravel.com, Sprig.com, TheRoot.com and TheBigMoney.com; Express; El Tiempo Latino; The Gazette and Southern Maryland Newspapers; The Herald (Everett, WA); Newsweek magazine; Post–Newsweek Stations (Detroit, Houston, Miami, Orlando, San Antonio and Jacksonville); Cable ONE, serving subscribers in midwestern, western and southern states; and CourseAdvisor, an online lead generation provider.
The Company also owns Kaplan, Inc., a leading global provider of educational services to individuals, schools and businesses, serving over one million students with operations in more than 30 countries. Its international programs include higher education, test preparation, language instruction and professional training.
The Company has ownership interests in the Los Angeles Times–Washington Post News Service and Bowater Mersey Paper Company.
National News Channel
Exxon Mobil overtakes Wal-Mart to top Fortune 500.
All set to launch 90 reconstruction projects in AJK.
Sialkot industries putting efforts to double exports volume.
Chinese public sector keen to enter into joint ventures.
Go-slow policy adopted for domestic flights.
Special attention to develop Railways required.
Cement-maker cuts price by Rs50.
Two buying missions to visit Pakistan.
Cross-LoC trade touches Rs16.3 million.
Textile exports decline sharply.
Govt stops subsidy on DAP, subsidy on urea to continue.
All set to launch 90 reconstruction projects in AJK.
Sialkot industries putting efforts to double exports volume.
Chinese public sector keen to enter into joint ventures.
Go-slow policy adopted for domestic flights.
Special attention to develop Railways required.
Cement-maker cuts price by Rs50.
Two buying missions to visit Pakistan.
Cross-LoC trade touches Rs16.3 million.
Textile exports decline sharply.
Govt stops subsidy on DAP, subsidy on urea to continue.
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