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Posts Tagged ‘Euro’

Forex Market

Forex is a simplified term for the foreign exchange market. In this type of market, one country?s currency is traded for another; hence the term foreign exchange. For instance, in a forex market the U.S.

Forex: GBP/USD finds support at 1.6255

Cable fell so far during the American session against the Dollar erasing previous gains. Current price at 1.6277/79 is only 0.03% above today’s opening price. GBP/USD failed earlier to hold above 1.6300 and weakened, falling
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