Tuesday, November 17, 2009


Growth Forecast Sets Brazilian Real High

The Brazilian real benefited today from positive events in both domestic and international spheres as risk appetite rose worldwide, maintaining the Brazilian currency as the best performing currency among the main traded in

foreign-exchange markets in 2009.


***Please note there will be no US FX Trading Summary between 11/9-11/27.***

The major currency pairs teetered within a close range in the Friday session, whipsawing sharply following the release of the October US unemployment report. The euro slid from above the 1.49-level to a session low at 1.4814 while the yen jumped to 89.62 against the greenback.

The October labor report was worst than expected, with the unemployment rate climbing to a fresh 26-year high at 10.2% versus 9.8% from September. The non-farm payrolls figure revealed a loss of 190k jobs in October, worst than the forecasted loss of 175k jobs from a downwardly revised September reading of 219k jobs lost. The worst than estimated jobs data sent US equity futures lower and pushed the greenback higher on a shift from riskier assets.

Friday, November 6, 2009


Open Market Currency Exchange Rates

(Forex Rates) in Pakistan

Currency Notes
US Dollar 84.00 84.25 forex-rates-nochange
Kuwaiti Dinar 288.52 291.39 forex-rates-nochange
Malaysian Ringgit 0.0 0.0 forex-rates-nochange
Norwegians Krone 14.44 14.56 forex-rates-nochange
UK Pound Sterling 137.50 138.50 forex-rates-nochange
Saudi Riyal 22.25 22.35 forex-rates-nochange
Singapore Dollar 0.0 0.0 forex-rates-nochange
Swedish Korona 11.69 11.80 forex-rates-nochange
Swiss Franc 80.91 81.47 forex-rates-nochange
U.A.E Dirham 22.66 22.80 forex-rates-nochange
Bahrain Dinar 220.25 221.95 forex-rates-nochange
NewZealand $ 43.5 43.8 forex-rates-nochange
Omani Riyal 215.83 217.28 forex-rates-nochange
Australian Dollar 74.44 75.04 forex-rates-nochange
Danish Krone 16.38 16.51 forex-rates-nochange
Euro 123.50 124.50 forex-rates-nochange
Thai Bhat 0.0 0.0 forex-rates-nochange
Canadian Dollar 76.47 77.11 forex-rates-nochange
Hong Kong Dollar 10.55 10.81 forex-rates-nochange
Qatari Riyal 22.74 23.10 forex-rates-nochange
Indian Rupee 1.58 1.68 forex-rates-nochange
China Yuan 0.0 0.0 forex-rates-nochange
Japanese Yen 0.9120 0.9200 forex-rates-down



FOREX RATES

Pakistan Open Market Forex Rates
Updated at : 7/11/2009 10:48 AM (PST)


Currency
Buying
Selling
Australian Dollar
75.90
76.90
Canadian Dollar
78.10
79.10
China Yuan
12.00
13.50
Euro
123.70
125.20
Japanese Yen
0.9160
0.9260
Saudi Riyal
22.25
22.45
U.A.E Dirham
22.73
22.93
UK Pound Sterling
138.30
139.50
US Dollar
83.95
84.25

Wednesday, November 4, 2009


OPEN MARKET FOREX RATES
Remittance
Buying
Selling
US Dollar TT
83.95
84.65
US Dollar DD
83.95
84.65
Currency Notes
Australian Dollar
75.10
76.10
Bahrain Dinar
220.75
223.00
Canadian Dollar
78.00
79.00
China Yuan
12.00
13.50
Danish Krone
16.40
16.80
Euro
123.30
124.80
Hong Kong Dollar
10.70
10.90
Indian Rupee
1.70
1.80
Japanese Yen
0.9200
0.9300
Kuwaiti Dinar
287.50
290.00
Malaysian Ringgit
23.00
24.50
NewZealand $
59.95
60.95
Norwegians Krone
14.40
14.80
Omani Riyal
216.20
219.00
Qatari Riyal
22.85
23.05
Saudi Riyal
22.25
22.45
Singapore Dollar
59.40
60.40
Swedish Korona
11.60
12.00
Swiss Franc
81.20
82.20
Thai Bhat
2.40
2.60
U.A.E Dirham
22.73
22.93
UK Pound Sterling
137.00
138.50
US Dollar
84.05
84.45

Thursday, October 22, 2009


Forex Exchange Pakistan

Forex Exchange Pakistan

If you are looking for a good way for getting into Forex trading whether it be automated or learning Forex trading from scratch then here are some of the best online Forex trading resources available in the market place period.

We have listed the best Forex training and automated robot trading software tools available. All of them come with a money back guarantee.


foreign exchange market (currency, forex, or FX)

currencies. It lets banks and other institutions easily buy and sell currencies. [1]

The purpose of the foreign exchange market is to help international trade and investment. A foreign exchange market helps businesses convert one currency to another. For example, it permits a U.S. business to import European goods and pay Euros, even though the business's income is in U.S. dollars.




Saturday, October 10, 2009


4X
Foreign Exchange Topics



4X - Foreign Exchange is a rather large topic and in some situations, it can be an entire four month course. It is not our intention to cover all 4X topics here, but rather introduce the concepts of some key topics, and also point the way to some resources online where additional information can be pursued for students with a strong international finance interest.

PIN Debit Growth 4X Higher Than Signature Debit

Debit card issuers predict 7% transaction growth both for PIN- and signature-debit this year, according to the Pulse electronic funds transfer network's 2009 Debit Issuer study.

"Debit card use is expected to continue to grow as the economy bottoms out and begins to recover because consumers use their debit cards for a large portion of necessary everyday expenses," Cindy Ballard, Pulse executive vice president, says in a statement.


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What Is The 4x Exchange

You will have no doubt of heard of something called the 4x exchange, but what exactly is it? Put simply, in 1971 when the worlds economies moved away from the fixed rated foreign currency system, the Foreign exchange market was born, leading the way to the more flexible floating rate exchange mechanism. 4X, Forex or just plain FX, are all just shortened versions of the words ‘Foreign Exchange’.

Tuesday, September 29, 2009


Forex & Exchange rate Analysis Pak Rupee V/S US Dollar (Friday 19 Sept, 2009)

On Friday Sept, 19, 2009, US Dollar taken strength against Pak Rupee, as per Foreign Currency Market expert that the demand of US Dollar against Pak Rupee is on rise which is the actual cause of taking Pak Rupee lower side. We have seen Rupee Falling against US Dollar in Interbank Market Continuously on Friday Pak Rupee Lose its strength and settled down on loss of 2 Paisa buying and selling into the market was 83.02 and 83.07

Exchange rates of forex against rupee

Updated at: 1335 PST, Tuesday, July 08, 2008
KARACHI: The exchange rates of foreign currencies against rupee at the onset of the open market today in the ready market and telegraphic transfer are dollar Rs.77, British Pound for Rs141.50, Euro for Rs112.50, Japanese Yen for Rs0.670, Emirates Dirham for Rs19.80, Saudi Riyal for Rs19.22, while Canadian dollar was sold at Rs 70.20.

Thursday, September 24, 2009


Since its inception, CMS Forex’s VT Trader™
has been a
comprehensive and easy to use Forex trading toolkit and a pioneer in the industry.


Easy access to powerful tools
Highly developed charting technology
Advanced customization
Reuters news and market analysis
Sophistication and convenience set VT Trader™ apart from other Forex trading software.

Foreign Exchange Market

What Does Foreign Exchange Market Mean?
The market in which participants are able to buy, sell, exchange and speculate on currencies. Foreign exchange markets are made up of banks, commercial companies, central banks, investment management firms, hedge funds, and retail forex brokers and investors. The forex market is considered to be the largest financial market in the world.

Friday, September 4, 2009


Why 4X?


World-first Technology

4X Currency Corporation has developed the world's first live online foreign exchange dealing platform, offering streaming rates and automated settlement for all the world's major currencies.


The best exchange rate


There is one overwhelming reason to buy your currency through 4X Currency Corporation - the best rates in the market.

Although the advent of the Internet has made it possible for consumers to shop around for the best deal on almost any other commodity, foreign exchange seems to have been left behind. Private individuals still have to rely on slow, expensive and outdated methods such as the telephone for currency deals with their bank or other provider.

Monday, August 31, 2009


Forex Exchange Rates Table

This live exchange rates tool allows you to instantly cross world currencies against each other at a glance.
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All stock prices, indexes, futures and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn’t bear any responsibility for any trading losses you might incur as a result of using this data .

Saturday, August 29, 2009


Forex Trading

Forex, short for the Global Foreign Exchange Market, is the largest single financial market in the world. JobMonkey includes a section on this topic because Forex trading can be done just about anywhere there's an Internet connection. Many traders are able to earn extra money over and above what their 'real job' provides - working from home

Foreign Exchange (Coming Soon)

State Bank of Pakistan (SBP) controls foreign exchange transactions in the country through a board of authorized banks and licensed exchange companies, enabling them to buy and sell foreign currencies from their clients for trade related and other permissible transactions.

After successful achievement at Money Market desk, our future prospect is to launch foreign exchange desk very soon. We will deliver both, the global reach and the local knowledge that are keys to the success of our clients in currency markets for interbank as well as the kerb market.

Exchange forex



Forex Exchange is known more popularly as the Forex Exchange Market and it is the worlds biggest financial market. The market is huge and the daily trading in the market is of about more than US$ 3 trillion. In the forex exchange market, currencies are traded and continue as long as there are different currencies in the world. The forex exchange market is bigger than the combined strength Equity and Treasury markets.

Best Forex Signals

Our alerts system is 100% mechanical (set it and forget it style) and designed to manage profits and losses. Statistically talking: is a winning system!
In reality a large number of tools are used to develop our FOREX SIGNALS, including volume indicators, support and resistance study and many others such as Bollinger bands, volatility and momentum, and these together form part of a complex mathematical model.

Tuesday, August 25, 2009



forexexchange: Trend Histogram Indicator for MetaTrader


view storyopen with the TweetMeme bar

MUNEEBFOREX.BLOGSPOT.COM - Another nice indicator that is capable of detecting the trend changes and showing the current trend’s strength and direction was added to the list of MT4 indicators on my site. It’s a histogram indicator, meaning that it doesn’t trash your chart but rather displays itself in a separate window below the main chart window. Histogram uses lines to mark each bar of the chart directly below that... - 9th August 18:48

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  • Wednesday, August 19, 2009


    Foreign Exchange (Forex) Trading

    Online Forex Trading with Saxo Bank

    At Saxo Bank, our focus upon Forex has led to the development of a comprehensive and functional

    Foreign Exchange offering. Aggressive pricing, superior liquidity, outstanding reliability, and a range of more than 145 different

    currency crosses are but a handful of the benefits available to traders through our online Forex accounts. We are incredibly proud of the recognition that our online Foreign Exchange solutions has achieved over the years, and we are confident that our Forex opportunities exceed the needs and expectations of traders; whatever their knowledge and experience of currency markets.


    Forex Tutorial: Foreign Exchange Risk and Benefits

    In this section, we'll take a look at some of the benefits and risks associated with the forex market. We'll also discuss how it differs from the equity market in order to get a greater understanding of how the forex market works.

    The Good and the Bad
    We already have mentioned that factors such as the size, volatility and global structure of the foreign exchange market have all contributed to its rapid success. Given the highly liquid nature of this market, investors are able to place extremely large trades without affecting any given exchange rate. These large positions are made available to forex traders because of the low margin requirements used by the majority of the industry's brokers. For example,