Cashback

Deposit funds worth $1,000 or more into your FOREXYARD account and receive a 10% cashback for free, worth up to $1,000. Example DepositCashback $10,000">$1,000 (maximum cashback amount) $5,000">$500 $1,000">$100 To take advantage of this offer, just open an account with FOREXYARD (or login if you already have an account with us), deposit funds and the cashback will be added to your account balance immediately. This promotion may...

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Commodities Trading

In line with growing market demand, we offer oil, gold and silver spot trading to our clients, through the FOREXYARD Standard trading platform. How does it work? In two words: simply and easily. Spot gold, silver and oil trades are executed in much the same way as foreign currency pairs are traded over the FOREXYARD platform, with transactions being made against the dollar, and as with currencies, we offer our clients highly competitive spreads...

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Why choose FOREXYARD?

Since formation, FOREXYARD has utilized the experience of professional forex traders, as well as internet and financial sector specialists in order to successfully establish itself as one of the premier online brokerages operating in today's market. We offer a secure, dynamic trading platform which provides superior order execution, advanced reporting and analytical tools, yet remains intuitive and user-friendly. FOREXYARD caters to a wide range of traders from around the world, placing equal importance on first time traders as we do on experienced...

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Institutional Platform

When looking for a trading system, sometimes you simply need to go straight to the source. That is expressly what FOREXYARD offers with its institutional trading platform. FOREXYARD Institutional is an ECN-based platform that provides live, streaming, executable bids and offers for instant execution. Traders log into the trading platform and receive prices from the largest liquidity providers in the world. Trade straight through to banks like JP Morgan, Goldman Sachs, and Morgan Stanley, with executable prices which are presented in a 'Best...

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(AFX UK Focus) 2009-06-26 09:34 Austrian regulator aims to stop retail forex loans

(AFX UK Focus) 2009-06-26 09:34 Austrian regulator aims to stop retail forex loans VIENNA, June 26 (Reuters) - Austrian financial watchdog FMA is pushing banks to formally commit themselves to end foreign currency lending to Austrian retail clients in all but very exceptional cases, the FMA said on Friday. Lending in foreign currencies, especially Swiss francs and Japanese yen was for many years a...

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Interests Rates as Influencing Forces In The Forex Market

Interests Rates as Influencing Forces In The Forex Market Discover how interest rates are part of the influencing forces of the forex market. Learn to use this information for successful trade Read More... ...

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What are Transaction Costs and How to Calculate Them?

What are Transaction Costs and How to Calculate Them? Learn about the price of forex transaction costs, selling or purchasing in Forex trading market. Learn to calculate rates and transaction costs of currency trading..... Read More... ...

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The Value of Trade Balance to Local Economy

The Value of Trade Balance to Local Economy Discover the importance of forex trade balance to import and export values and their related impact on currency trading. Read More... ...

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(AFX UK Focus) 2009-06-26 09:34 Austrian regulator aims to stop retail forex loans

VIENNA, June 26 (Reuters) - Austrian financial watchdog FMA is pushing banks to formally commit themselves to end foreign currency lending to Austrian retail clients in all but very exceptional cases, the FMA said on Friday. Lending in foreign currencies, especially Swiss francs and Japanese yen was for many years a popular way to cheaply finance houses in Austria, but banks virtually stopped lending in francs last year. This was driven mainly by the banks themselves, which faced a Swiss franc liquidity squeeze at the peak of the financial crisis...

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(AFX UK Focus) 2009-06-26 09:34 Austrian regulator aims to stop retail forex loans

VIENNA, June 26 (Reuters) - Austrian financial watchdog FMA is pushing banks to formally commit themselves to end foreign currency lending to Austrian retail clients in all but very exceptional cases, the FMA said on Friday. Lending in foreign currencies, especially Swiss francs and Japanese yen was for many years a popular way to cheaply finance houses in Austria, but banks virtually stopped lending in francs last year. This was driven mainly by the banks themselves, which faced a Swiss franc liquidity squeeze at the peak of the financial crisis...

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(AFX UK Focus) 2009-06-26 03:28 Aussie dollar gains on NZ$, yen; bonds up

___AUSTRALIAN CREDIT/FOREX SNAPSHOT__________________FOREIGN EXCHANGE AT 0200 GMT (against previous Sydney close) 0.8068/69 (0.7989/92) 1.2523/40(1.2459/71) 77.27/34 (76.91/97) 95.80/82 (96.26/28) 0.5743/46 (0.5721/24) 1.4043/45(1.3964/68)DEBT FUTURES CASH YIELDS90-DAY BILL (SEP) 96.74 (-0.01) 3.24(3.24)3-YR BOND (SEP) 95.14 (+0.05) 4.67(4.72)10-YR BOND (SEP) 94.425 (+0.10) 5.71(5.81)3/10 SPREAD +0.715 (+0.765) AUST/US 10-YR SPREAD +213(+210)S&P/ASX 200 3905.8 (3856.0) US10-YR 3.58(3.71)----------------------------June...

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India's forex reserves rise $8 mn to 263.6 bn

MUMBAI: India's forex reserves rose by USD 8 million to USD 263.652 billion for the week ended June 19 as compared to USD 263.644 billion in the previous week.Foreign currency assets, during the week, jumped by USD 10 million to USD 252.808 billion against USD 252.798 billion in the previous week, RBI said in its weekly report.Foreign currency assets expressed in US dollar terms include the effect of appreciation or depreciation of non-US currencies (such as Euro, Sterling, Yen) held in reserves, RBI said.During the period, the country's gold...

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(AFX UK Focus) 2009-06-26 05:02 HK dollar stays at top of band despite HKMA intervention

HONG KONG, June 26 (Reuters) - The following is a snapshot of the Hong Kong foreign exchange and money markets in morning trade on Friday. Morning Previous close At 0245 GMT At 0900 GMTHK$ SPOT 7.7500/01 7.7500/01 FORWARDSThree-month -56/-54 -58/-53Six-month -104/-99 -108/-103One-year -174/-164 -178/-168 INTERBANK RATES (PERCENTAGE)Overnight 0.01/0.11 0.0001One-month 0.02/0.21 0.10/0.15Three-month 0.11/0.23 0.25/0.35Six-month 0.35/0.47...

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(AFX UK Focus) 2009-06-26 16:32 PREVIEW-Danish June forex reserves seen unchanged

COPENHAGEN, June 26 (Reuters) - The Danish central bank's foreign exchange reserves are estimated to have been steady at 325.3 billion crowns ($60.87 billion) in June, unchanged from May, a Reuters survey of six economists showed on Friday.The numbers exclude central government foreign loan transactions.The central bank will release its foreign currency reserves data on Thursday, July 2, at 1400 GMT.FORECASTDanish foreign exchange reserves end-June (bln crowns)Median 325.3Mean 323.6Minimum 310.0Maximum 330.3May 2009 (actual) 325.3----------------------------------Jyske...

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India Forex Reserves Rise Slightly

1 day ago<a href='http://broadcast.ino.com/srv/www/delivery/ck.php?n=a6d47ef0&cb=2121898' target='_blank'><img src='http://broadcast.ino.com/srv/www/delivery/avw.php?zoneid=119&cb=2121898&n=a6d47ef0' border='0' alt='' /></a> (RTTNews) - Friday, the Reserve Bank of India revealed in...

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Sentimentality and fickle fortune: global market’s wild mood swing

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(AFX UK Focus) 2009-06-26 17:18 Kenya cenbank foreign exchange stock up slightly

NAIROBI, June 26 (Reuters) - Central Bank of Kenya said on Friday its official usable foreign exchange reserves stood at $3.087 billion, up $30 million from the previous week. Here are highlights from the bank's latest weekly bulletin: * Official usable foreign exchange reserves rose to $3.087 billion by Friday from $3.057 billion on June 19, but down from $3.301 billion on June 26, 2008. * The reserves provided import cover for 3.56 months. * The central bank is required to maintain hard currency stock equivalent to four months...

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The Value of Trade Balance to Local Economy

The balance of trade also referred as trade balance, which sometimes is symbolized as NX, is the difference of the monetary value of imports and exports in one economy in a given period of time. The balance of trade is considered the biggest part of a country’s balance of payments. Imports, domestic spending, foreign aid, and investment abroad are called debit items while credit items includes exports, foreign investments in domestic economy and foreign spending in domestic economy. A trade surplus is a positive balance of trade which is consists...

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What is a Transaction Cost and How to Calculate It?

In economics, transaction costs are the rate acquired when making an economic exchange. This costs incurred when buying or selling securities or stocks. This is also referred as transaction fees. Transaction costs also comprise of brokers’ commissions ad spreads (difference between the price that the dealer paid for a security and the price it may be sold. This is what the broker or bank produce for being a middleman in a transaction. For instance, most people when buying or selling a security or stock, pays a commission to their broker and...

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How Interest Rates Play a Role in the Currency Markets

Interest rates play the foremost important role in moving the prices of currencies in the Forex market. As the institutions that set interest rates, central banks are therefore the most influential factors. Interest rates dictate flows of investment. Since the currencies are representations of a country’s economy, differences in interest rates affect the relative worth of currencies in relation to one another. When central banks change interest rates...

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Online Forex Trading Profits

Another example of an online Forex trade: If you buy EUR/USD, this means you are buying euros, and simultaneously are selling dollars. Your expectation therefore is that the euro will appreciate (go up) relative to the US dollar.If you believe that the US economy will weaken and this will hurt the US dollar, you would execute a buy EUR/USD order. By doing so you will buy euros in the expectation that the currency will appreciate against...

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Understanding and Trading Forex Currency Pairs

Any Forex trading transaction is made of the buying of one currency and the simultaneous selling of another currency. The two Forex trading currencies being traded are called the currency pair. A currency quote is made of these two pairs of Forex trading currencies, situated together and divided by a line (for example, EUR/USD).There are various Forex currency pairs to choose from. These are divided into major and minor currencies. Major...

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Major Currencies and Major Participants of the Forex Trading Market

In the Forex trading market, you have several currencies to choose from. Most Forex trading deals are done using the major currencies. These are the seven most frequently traded currencies.The major currencies include:USD – United States DollarEUR – The European union EuroJPY – The Japanese YenGBP – The UK PoundCHF – The Swiss FrancCAD – The Canadian DollarAUD – The Australian DollarAll currencies...

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Forex Economic Indicators

The execution of fundamental analysis in the Forex market is done through the use of economic indicators. These indicators point to the state of some economical factors in the country whose currency you wish to trade with.Economic indicators are published by various sections of the government and private companies. These statistics are analyzed by market investors to predict the direction of the Forex trading market. Forex economic indicators...

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Fundamental Analysis Vs Technical Analysis in the Forex Trading Market

The main difference between fundamental vs technical analysis of the Forex trading market is that, while fundamental analysis uses economic, political, social and other factors that affect supply and demand of the trading Forex market to foresee price movements, technical analysis uses mathematical and graphical charts of previous market action, in order to analyze the Forex trading market.The basic difference between Forex fundamental and...

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Major Forex Economic Indicators

The Gross Domestic Product (GDP) - The sum of goods and services produced by domestic or foreign companies.Industrial Production - A measure of the production change, industrial capacity and resources of a country's factories, mines and utilities.Purchasing Managers Index (PMI) - A monthly index of a country's manufacturing conditions, including new orders, supplier delivery times, inventories, prices, employment, export orders, and import...

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Starting to use Forex economic indicators

To get started, you should first keep a log of all the important Forex economic indicators' release dates. Keep a log or make a subscription to one of the economic journals, so you'll know the most important factors of that time. If you are trading in JPY, the Forex economic indicators need to be relevant to the currency type, of course.Each economic indicator tells you about a different aspect of the economy, and this should be translated...

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