In our Forex Brokers Directroy you’ll find guides on choosing the best forex brokerage firm. Forex charts assist the investor by providing a visual representation of exchange rate fluctuations. Many variables affect currency exchange rates, such as interest rates, bank policies, geopolitics, and even the time of day may affect exchange rates. Investment in gold bullion means that your money is protected from inflation. A reason enough for why you should invest in gold bullion. For gold bullion coins collecting as well as other precious metal investments, you must be aware of gold, silver, platinum bullion rates.
For those who keep their money in prize bonds. Prize bonds are issued by the government of Pakistan. Prize bonds are similar to cash because you can buy a prize bond from any bank and sell it to anyone. The government in turn holds draws and gives cash prizes to the winners. However these are only the indicative rates as forex rates keep on changing minute to minute. Forex market is open 24 hours a day. It provides a great opportunity for traders to trade at any time of the day or night.
However, when it seems to be not so important at the beginning, the right time to trade is one of the most crucial points in becoming a successful Forex trader. So, when should one consider trading and why? The best time to trade is when the market is the most active and therefore has the biggest volume of trades. Actively traded markets will create a good chance to catch a good trading opportunity and make profits. Reviewed, improved and updated on August 24, 2012. USD currency pairs would give good results between 8:00 am and 12:00 noon EST when two markets for those currencies are active. At those overlapping trading hours you’ll find the highest volume of trades and therefore more chances to win in the foreign currency exchange market.