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Forex Trading Definitions

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INTEREST RATES
CurrencyCentral Bank RateOvernight Rate
AUD   AUD 4.75% 4.85750
NZD   NZD 2.50% 3.02750
EUR   EUR 1.00% 0.52875
GBP   GBP 0.50% 0.55625
CAD   CAD 1.00% 0.98000
USD   USD 0.25% 0.23875
CHF   CHF 0.25% 0.09667
JPY   JPY 0.10% 0.09766
All Interest Rates

Trade On Line

Foreign Exchange (Curency or Forex) is one of the largest and most liquid financial markets in the world. According to the authoritative Triennial Central Bank Survey from Bank for International Settlements, Basel, average daily turnover in April 2007 exceeded US $3.2 trillion, and evidence suggests that the market is still expanding. The spot market accounts for around a third of activity in the Curency market.

Curency basics is simple to understand once it is realized that a currency is effectively a commodity whose value can change against other currencies, as well as other assets, such as gold and oil.
What is Curency Trading

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