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FOREX-Dollar, yen fall versus euro as stocks rebound
By Wanfeng Zhou NEW YORK, Dec 2 (Reuters) - The US dollar and the yen fell against the euro on Tuesday as a stock market rebound reduced demand for safe ...
Iran's forex reserves above $80 bln - state tv
"Central bank: Iran's forex reserves over $80 billion," the English-language satellite station said in a scrolling headline. Central bank officials in the ...
Research and Markets: Sentiment in the Forex Market: Indicators ...
In Sentiment in the Forex Market, FXCM analyst Jaime Saettele applies sentiment analysis to the currency market, using both traditional and new sentiment ...
Zimbabwe army says “indisciplined soldiers” beat up forex dealers
HARARE - Zimbabwe's national army on Tuesday denied sending troops into the capital to beat up foreign currency dealers and blamed indisciplined forces for ...

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The foreign exchange (currency, forex or FX) market is where currency trading takes place. FX transactions typically involve one party purchasing a quantity of one currency in exchange for paying a quantity of another. The FX market is one of the largest and most liquid financial markets in the world, and includes trading between large banks, central banks, currency speculators, corporations, governments, and other institutions. The average daily volume in the global forex and related markets is continuously growing. Traditional turnover was reported to be over US$ 3.2 trillion in April 2007 by the Bank for International Settlement. Triennial Central Bank Survey (December 2007), Bank for International Settlements. Since then the market has continued to grow. According to Euromoney's annual FX Poll, volumes grew a further 41% between 2007 and 2008. Annual FX poll (May 2008), Euromoney.

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