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Spread Betting on Forex |
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Forex Spread Betting Companies
You can take positions on a wide range of forex spread betting markets with the following companies.
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| EUR/USD (spread size) |
1 |
0.8 |
1 |
1 |
1 |
2 |
1 |
| GBP/USD (spread size) |
2 |
0.8 |
2 |
2 |
2 |
3 |
2 |
| Forex (min stake) |
£1 |
£1 |
£0.50 |
£1 |
£0.50 |
£0.50 |
£1 |
| Forex (more available) |
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Forex spread betting may also be available with other companies - notes.
Forex Spread Betting - Market Review
Spread Betting on Forex - 21 May 2012
Amid ongoing turmoil in the Greek political arena, some reports have mentioned fresh support for a conservative party that entertains the idea of remaining in the euro.
In addition, European leaders seem determined to hold the Union together, including Greece.
As a result, the euro was able to take a breather on Friday, recovering 97 points to $1.2778, but it will take a lot more to overturn the sudden downtrend.
So far this morning, the single currency has already seen a bit of strength in the currency markets, with EUR/USD trading at $1.2780.
Spread Betting on Forex - 18 May 2012
Yesterday saw the euro/dollar pair continue to fall in the FX markets, touching a new 4 month low at $1.2665, and meaning the pair saw a fifth day of losses.
The technical trend remains bearish, with traders looking to breach the 2012 lows of $1.2623.
Another factor weighing on the single currency is the concern that the situation in Greece will spread to Spain and Portugal. This is proving to be very worrying for any remaining market bulls.
Spread Betting on Forex - 17 May 2012
Fears of a Eurozone break up continue to build and we saw these fears reflected in the bond markets yesterday. The yields on 10 year Spanish debt spiked sharply higher and Italian yields hit 6%, although this morning they are both a little lower.
This is making investors even more nervous about the possibility of contagion and now Spain's Prime Minister is starting to change his rhetoric. He had previously stated that Spain would not require a bailout, but now he is admitting that rising bond yields are making it difficult for the country to fund itself.
In the absence of any economic data, all eyes will be on the Spanish bond auctions to see what yields investors demand to lend them short term cash.
The euro steadied itself yesterday as it became clear that the Greek public will have to go to the polls once again. The outcome of the vote should decide whether they can tolerate austerity and keep the euro, or decide to go it alone with the drachma.
Also buoying the single currency were encouraging words from Angela Merkel and Mario Drahgi, stating that they wanted Greece to stay in the Eurozone.
This morning, however, the euro/dollar market remains under pressure, with little sign that it wants to test the upside.
At the time of writing, the FX rate is at $1.2720, with near term support and resistance at $1.2700/675 and $1.2760/815 respectively.
Spread Betting on Forex - 16 May 2012
The focus will remain on Europe and the macro picture. Nevertheless, there are a couple of important pieces of data out today that UK spread betting investors will be interested in.
Firstly, there are unemployment numbers this morning which, despite a surprising improvement last month, is expected to show that the UK labour market remains weak.
There's been little in the way of encouraging data from the UK recently, but last month saw the first indication that unemployment is starting to peak.
Today's figure is likely to show that job creation has largely come from part time work rather than full time positions. In addition, the rate of unemployment, which had ticked downwards to 8.3%, is expected to rise back up to 8.4%.
Then there's the BoE's inflation report and it will be interesting to see whether the MPC stick with a relatively hawkish tone. In the last report, concerns over high inflation seemed to be at the forefront of the committee's mind.
The other major issue is the confirmation of the double dip recession. As a result, their current growth projections will probably be revised downwards, particularly since the Eurozone is imploding again.
Later on, there will be US housing numbers and industrial production figures. The FOMC minutes will round off the day.
The euro/dollar forex market made a low of $1.2720 yesterday as the situation in Greece continued to deteriorate.
Bears sold the single currency heavily after socialist leader Evangelos Venizelos announced that coalition talks had failed and the public would have to go back to the polls next month.
Spread Betting on Forex - 15 May 2012
There’s lots of economic data out today, with German GDP figures impressing but French GDP data not holding up as well.
Later this morning, the EU wide GDP figure will be released. We will also see UK trade balance data, the German ZEW sentiment survey, and then US CPI and retail sales.
Concerns that Greece will imminently exit the euro were intensified as Greek coalition talks once again failed to bear any fruit.
With Greece now looking set to renege on its fiscal commitments, the much needed bailout funds will be held securely in the creditor’s pockets.
With the euro still struggling below the $1.29 level, FX traders will be cautious as we approach the 2012 lows near $1.2620.
This morning though, the bounce in equity markets is lifting the euro, with EUR/USD trading higher at $1.2865.
Spread Betting on Forex - 14 May 2012
With little in the way of any economic data out today, the focus will be on Italian and Spanish bond auctions.
Both countries have seen their 10 year bond yields creeping higher in recent days, with Spain's getting back above 6%, but neither have really raced out of control.
In FX spread betting, the euro continues to weaken now that it has firmly established itself below the $1.3000 level.
The few positives, i.e. Greece receiving €4.2bn from the rescue package and Spain partially nationalising Bankia, failed to provide any upward momentum.
In addition, uncertainty about Greece's commitment to the EU/IMF bailout conditions is still placing huge downward pressure on the single currency.
This morning EUR/USD is trading at $1.2880 and the bears will be watching the support levels at $1.2875 and $1.2860 very closely. Meanwhile, resistance is quite some way off at $1.2955/80.
Spread Betting on Forex - 11 May 2012
Amid increasing speculation that Greece will exit the monetary union, it has been confirmed that the country secured its most recent tranche of European bailout funds. As a result, the embattled nation has managed to buy itself some more time.
The news triggered a slight rise in the EUR/USD forex market, with the pair ending marginally higher at $1.2935.
Nevertheless, the uncertainty over the policies of a new Greek government, as well as how and when it will be formed, still poses a significant downside risk.
Spread Betting on Forex - 10 May 2012
The forex CFDs market saw the single currency fall below the $1.3000 mark, as Greek politicians failed to agree on a power sharing deal, and that's where we remain this morning.
Despite that, it seems Europe remains committed to paying the next instalment of aid, possibly trying to put a floor under the euros slump.
Nevertheless, we have seen another downward move for the EUR/USD pair, losing 67 points to $1.2932. At the time of writing we are at $1.2955.
Spread Betting on Forex - 09 May 2012
The euro remains under pressure, the last few days have seen a political impasse in Greece where leaders failed to form a government. This is fuelling worries of a Greek exit from the euro.
However, on the other side of the coin there is also growing speculation that the Federal Reserve will have no choice but to consider QE3 at some point if things turn really ugly in Europe.
As a result, the euro lost 55 points against the greenback and fell to $1.3002. However, that could be seen as a mild fall considering we have already dipped below this major support area. The single currency is trading at $1.2985 against the dollar at the time of writing.
Spread Betting on Forex - 08 May 2012
On the currency markets, the euro is starting to fracture a little at the edges. However, concerns remain that a break up of the periphery might actually increase the value of the euro.
After a break up, the weight of Germany would no longer be counteracted by the weaker members and so the single currency could strengthen overall.
For the last few years, the effective trading range of the euro/dollar pair has been $1.20-1.46. As a result, the last four months of trading, between the $1.30 and $1.35 levels, puts us pretty much in the middle of the game.
If the Eurozone staggers on into the middle distance, building up huge liabilities, then any currency weakness will not be able to accommodate the fiscal burden.
The Southern states cannot currently afford to remain in or leave the single currency. However, the North has an even bigger problem in that they are mortgaging their present for an unquantifiable future.
For the meantime, support is at $1.3000 and $1.2965/75 and then $1.2865/85. On the upside, resistance is at $1.3068/78 and then above this at $1.3140/50.
The longer and medium-term falling trendlines are currently around $1.3250 and will be watched very closely if we do manage a rally.
Sterling is currently gaining in all of this, as money moves out of Europe looking for temporarily less volatile regions.
The sterling/euro market is now trading at a three year high. However, the €1.2400 region proved to be a high watermark in 2010, and so we have seen some speculative selling from our clients, with stop losses set above €1.2450.
Spread Betting on Forex - 04 May 2012
The single currency enjoyed a short rally in the morning after the ECB President Mario Draghi said that European policy makers had not discussed a cut in interest rates. The move higher came despite the ECB President also admitting that the European economic outlook had deteriorated.
However, forex spread betting investors are remaining cautious because of the political uncertainty in France. The afternoon session ultimately saw the euro close nearly flat at $1.3152.
At the time of writing, the EUR/USD pair is at $1.3140, with near term support and resistance at $1.3120/00 and $1.3205/45 respectively.
Spread Betting on Forex - 03 May 2012
Economic data today comes in the form of the UK services PMI data and then the US non-manufacturing number later on this afternoon.
Both figures are expected to decline slightly but remain above the 50.0 level, indicating expansion. Any surprise to the upside, like Tuesday's US manufacturing numbers, might see a test of recent highs in the shares spread betting markets.
Between these numbers we get the ECB rate decision where little action is expected on either the interest rate or stimulus front. However, we might see a rather more bearish outlook from their statement, or at least some surprise at the weakness of recent Eurozone economic data.
Yesterday's Eurozone manufacturing data tumbled to a level last seen in August 2009, raising fresh concerns about the European double dip recession.
Those concerns were also heightened by a rise in German unemployment during April, triggering a nosedive in the EUR/USD forex spread betting market. The pair dropped 84 points to end the day at $1.3153.
Spread Betting on Forex - 02 May 2012
The single currency was on the offensive against the dollar before the US manufacturing data was released yesterday. However, it quickly reversed course to end marginally lower at $1.3235.
Europe remains engulfed in sovereign debt troubles so the forex markets took notice of the potential downside over the short term.
Developments in the Eurozone economies will probably be of crucial importance in the next few weeks.
Friday's US Non Farm Payrolls number will also be on top of everyone's radar, but before then there's the ADP figure.
This morning the euro is trading at $1.3185 against the US currency.
Spread Betting on Forex - 01 May 2012
Economic data will come in the form of manufacturing numbers from the UK and the US. Both of these figures are expected to decline but hold above the expansion level of 50.0.
The PMI data has been stronger than expected on the whole so far in 2012, which is why predictions were that the UK would narrowly avoid a double dip recession. However, according to the ONS, that's not the case and our economy continues to flat line.
With input prices stubbornly high and sterling on the up, other pressures are affecting manufacturers so the number might be lower than expected.
The EUR/USD closed rather flat yesterday, settling at $1.3240. This came as disappointing US economic figures were accompanied by the news that Spain has re-entered recession.
Spread Betting on Forex - 30 April 2012
This week sees European finance ministers meeting to talk about the new European wide banking rules.
Consensus is unlikely to be reached this Wednesday, as growing disagreement from some member states, including the UK, is likely to push the discussions into the following month.
In the FX spread betting markets, we saw the euro/US dollar pair rise to $1.3270, a level last seen on 3 April, with the session finishing 64 points up at $1.3252.
On the surface, the single currency defied the odds as Spain's credit rating was downgraded and their unemployment level reached 24.4%, an 18 year high.
Nevertheless, the lower than expected US GDP number might have convinced enough investors that QE3 is a possibility. This would suggest a more bearish outlook for the dollar on a relative basis.
Spread betting and CFD trading carry a high level of risk and you can lose more than your initial deposit so you should ensure spread betting or CFD trading meet your investment objectives and if necessary seek independent advice.
Market Commentry from Financial Spreads.
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Financial Spreads - tax free* trading on over 2,500 spread betting markets. With a Financial Spreads Account you can trade commission free, 24 hours a day on stock market indices, forex, shares commodities and...read review » Financial Spreads.
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Introduction to Forex Spread Betting
The forex market is the largest and most liquid market in the world with average daily turnover estimated at $3.98 trillion, according to the Bank for International Settlements (BIS).
Also known as FX, foreign exchange, and currency trading, forex was once closed to individual speculators, reserved only for global banks or multi-national corporations. However, with spread betting companies such as Spreadex you can access a wide range of forex spread betting markets.
Benefits of Spread Betting on Forex
The Forex markets are some of the most popular markets in financial spread betting particularly sterling/dollar, euro/sterling, euro/dollar and dollar/yen.
There are many reasons why investors might want to trade the foreign exchange markets:
- The wide range of forex pairs on offer. This can be a major lure to investors owing to the many different ways in which these pairs can move depending on market conditions in the respective countries / currency zones
- With firms like Financial Spreads and IG Index, you can trade a wide range of forex markets 24 hours a day, Monday to Friday.
- The forex spread betting markets can be exciting to trade due to the fact that they can be highly volatile when compared with other shares or indices. Nevertheless, this same volatility can also work against even the most of experienced traders and can lead to quick losses should the market(s) not go in your favour.
- Spread bets are leveraged; therefore you can win more than your initial stake. Remember though, you can also lose more than your initial investment
- Spread betting on forex markets is Tax Free*.
- You can buy and sell the forex markets, ie spread bet on a currency pair to move up or down.
- Note that if you are forex trading then using Stop Loss orders and Guaranteed Stops can help restrict your downside.
The Basics of Spread Betting on Forex
According to spread betting firm, Spreadex, “The simple thing to remember when trading an FX pair is that if you expect a first named currency to appreciate in value against a second named currency you would ‘buy’ a spread bet on that pair. If you expected a first named currency to depreciate in value against a second named currency you would ‘sell’ a spread bet on that pair.
“For example, if you expect the pound to gain against the dollar you would ‘buy’ GBP/USD, which may mean you placing a £4 buy on a Spreadex quote of $1.6550-$1.6553 (so you would buy at $1.6553). If you expect the pound to fall against the dollar you would ‘sell’ GBP/USD at $1.6550 in the above example.
“Also remember that the spread is usually based on movements per 0.0001 of the currency (with the one exception being USD/JPY which is traded per ¥0.01 of currency movement).
“Given that currency movements can be very volatile this can result in potentially huge swings meaning large profits, or alternatively large losses. So ensure you have stop losses or guaranteed stops in place to limit your downside.
“Also, with Spreadex you will need 100 x your stake as an available trading balance to cover the potential volatility. So, based on the £4 stake size example above, you would need £412 available as a trading balance to place the trade (100 x your £4 stake plus £12 to cover the spread [3 pips x £4]).
“You can place FX bets on both spot or future prices with Spreadex. Spot prices are tighter (giving you greater value in your spread bet), however if you wanted to keep a spot trade open for longer than a day you would incur a rolling charge. You would also need to make sure you had your trade preferences set for your trade to roll. Future FX spreads are wider, but you would not incur a roll charge if you wanted to keep the trade open for a longer period of time.”
How to Spread Bet on Forex
For example, let's say you are considering speculating on the EUR/USD rate, so you go on a spread betting website, like FinancialSpreads.com, and see the current market price at:
Here's what you need to know:
| Spread Betting Market: | EUR/USD Rolling Daily |
| Spread: | $1.38000 - $1.38010 |
| This Means: | You can trade on the EUR/USD Rolling Daily market to move:
 Above $1.38010, or
 Below $1.38000
This is a 'Rolling Daily' trade which means that there is no settlement date. If you don't close your position, and the trading session ends, then your trade will automatically roll over into the next session.
If a trade is rolled over then you will normally either be charged or receive a small fee for overnight financing based upon whether you are speculating on the market to rise or fall.
For further details also see Rolling Spread Bets. |
| Points Traded: | Bets on the EUR/USD market are priced in £x per point.
Where a point is $0.00010 of the forex pair's price movement.
E.g. if EUR/USD moves $0.00350 then you would lose or win 35 multiples of your stake. |
| Stake: | You decide how much you would like to trade per point, e.g. £2 per point, £3 per point, £8 per point etc. |
| Quick Staking Exercise: | If, as an example, you have a stake of £4 per point and EUR/USD changes by $0.00240 (24 points), you would lose / win £4 per point x 24 points = £96. |
Financial Spread Betting Example | Buying EUR/USD
Spread betting on the forex pair to rise - i.e. on the euro to get stronger
| You Decide Whether to Buy or Sell: |
EUR/USD to push:
Above $1.38010? or
Below $1.38000?
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| Let’s Assume You Decide to Buy: | Above $1.38010 |
| You Select Your Stake Size, Selecting: | £2 per point |
| What Happens Next? |
- You make £2 for each point ($0.00010) the EUR/USD rate pushes above $1.38010
- You will make a loss of £2 for every point ($0.00010) the EUR/USD rate drops below $1.38010
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| When You Buy a Spread Bet Your Trading Profits or Losses = | (Final Price - Initial Price) x stake per point |
| | |
| Example 1 | EUR/USD moves higher and the financial spread betting market is revised and changes to $1.38700 - $1.38710. |
| Time to Take a Profit? | You could opt to leave your position open or close it, i.e. close your position to lock in a profit. In this example you choose to settle your trade by selling at $1.38700. |
| Your Trading Profits or Losses = | (Final Price - Initial Price) x stake per point |
| ($1.38700 - $1.38010) x £2 per point (£2 per $0.00010) |
| $0.00690 x £2 per point |
| 69 points x £2 per point |
| Your Trading Profits or Losses = | £138.00 profit |
| | |
| Example 2 | EUR/USD pushes lower and the spread trading market adjusts and moves to $1.37389 - $1.37399. |
| Close and Restrict the Loss? | At this point, you can decide to leave your trade open or close it in order to limit your losses. In this case you choose to close your trade and sell the market at $1.37389. |
| Your Trading Profits or Losses = | (Final Price - Initial Price) x stake per point |
| ($1.37389 - $1.38010) x £2 per point (£2 per $0.00010) |
| -$0.00621 x £2 per point |
| -62.1 points x £2 per point |
| Your Trading Profits or Losses = | -£124.20 loss |
Fully Worked Spread Betting Example | Taking a Bearish View of EUR/USD
Spread betting on the forex pair to fall - i.e. on the euro to get weaker
| You Work Out Whether to Buy or Sell: |
EUR/USD moving:
Above $1.38010? or
Below $1.38000?
|
| Let's Say You Decide to Go Short: | Below $1.38000 |
| You Decide Your Stake Size, Let's Assume You Select: | £3 per point |
| So Now What Happens? |
- You will make a loss of £3 for every point ($0.00010) the EUR/USD rate rises higher than $1.38000
- You make £3 for every point ($0.00010) the EUR/USD rate goes lower than $1.38000
|
| When Speculating on a Market to Fall Your Trading Profits or Losses = | (Initial Price - Final Price) x stake per point |
| | |
| Example 3 | EUR/USD falls and the market is moved to $1.37611 - $1.37621. |
| Take a Profit? | At this point, you may choose to leave your position open or close it, i.e. close your spread bet to lock in a profit. For this example, you decide to close your trade by buying the market at $1.37621. |
| Your Trading Profits or Losses = | (Initial Price - Final Price) x stake per point |
| ($1.38000 - $1.37621) x £3 per point (£3 per $0.00010) |
| $0.00379 x £3 per point |
| 37.9 points x £3 per point |
| Your Trading Profits or Losses = | £113.70 profit |
| | |
| Example 4 | EUR/USD increases and the spread betting market is adjusted to $1.38332 - $1.38342. |
| Close and Limit the Loss? | At this point, you could choose to leave your trade open or close it and restrict your losses. In this instance you choose to settle your trade and buy at $1.38342. |
| Your P&L = | (Initial Price - Final Price) x stake per point |
| ($1.38000 - $1.38342) x £3 per point (£3 per $0.00010) |
| -$0.00342 x £3 per point |
| -34.2 points x £3 per point |
| Your P&L = | -£102.60 loss |
EUR/USD Notes:
- Financial spread trading market as per FinancialSpreads.com, 2 November 2011
- Many spread betting companies also let you spread bet on EUR/USD in euros/point and dollars/point
- Financial spread trading also allows you to speculate on the movement of a broad range of other markets, for more information please see:
Spread Betting on Forex - Technical Analysis
Many FX traders use technical indicators to gauge whether a given currency is likely to rise or fall against another currency. You can use Spreadex’s charting software to draw support and resistance lines on different pairings to work out your trading strategy. Among the different signals traders look out for are Continuation Patterns and Reversal Patterns.
- Continuation Patterns give indications of whether a trend has the capacity to continue its current direction. Typical examples of Continuation Patterns involve the formation of Pennants, Flags, Wedges and Triangles.
- Reversal Patterns give indications on the likelihood of a trend reversing. Typically this will involve the formation of Double Tops and Double Bottoms, Triple Tops and Triple Bottoms and Head and Shoulders Tops and Head and Shoulders Bottoms.
For today's forex technical analysis see:
Forex Spread Betting Guides
Individual forex spread betting guides including worked trading examples for each market:
Spread Betting of Forex - Hedging
Forex spread betting can also be used as a hedging tool, for example, for a forthcoming holiday. Say, for example, you had booked a family holiday to the USA for later in the year and expected the pound to lose ground against the dollar.
Rather than changing money now and tying up capital, you could instead place a ‘sell’ spread bet on GBP/USD. Therefore any fall in value of the pound against the dollar in the intervening time period would be offset by the profit gained from your 'sell' spread bet.
A Review of the Forex Market
Although in theory you can trade on any international currency pairing, the vast majority of FX trading is carried out on the following major pairings: AUD/USD, EUR/GBP, EUR/JPY, EUR/USD, GBP/JPY, GBP/USD, NZD/USD, USD/CAD, USD/CHF and USD/JPY.
Note that it’s not that easy to speculate on certain currencies. As of 2011, the Chinese Renminbi (aka Chinese Yuan and CNY) is not a free-floating currency. So even though China is the world’s second largest economy, it is far from easy to take positions on any Renminbi based FX pairs.
According to the 2010 BIS forex survey;
- Global forex turnover was 20% higher in April 2010 than in April 2007. The average daily turnover rose to $4.0 trillion compared to $3.3 trillion.
- The increase was driven by the 48% growth in turnover of spot transactions, which represent 37% of forex market turnover. Spot turnover rose to $1.5 trillion in April 2010 from $1.0 trillion in April 2007. In forex spread betting terms, read ‘spot’ as a daily market rather than a futures markets.
- With regards to the counter-parties, the higher global forex market turnover is associated with the increased trading activity of “other financial institutions” - a category that includes, but is not limited to, non-reporting banks, pension funds, hedge funds, insurance companies, mutual funds and central banks. Turnover by this category grew by 42%, increasing to $1.9 trillion in April 2010 from $1.3 trillion in April 2007. For the first time, activity of reporting dealers with other financial institutions surpassed inter-dealer transactions (ie transactions between reporting dealers).
- The survey shows how EUR/USD, which commands 28% of all forex turnover, eclipses trade in all other currency pairs. USD/JPY accounts for 14% of activity and GBP/USD 9%. No other forex market accounts for more than 6% of the market.
- The percentage share of the US dollar has continued the slow decline witnessed since the April 2001 survey, while the Japanese yen and euro gained relative to April 2007.
Among the 10 most actively traded currencies, the Canadian and Australian dollars both increased market share, while the Swiss franc and pound sterling lost ground. The market share of emerging market currencies increased, with the biggest gains for the Korean won and Turkish lira.
- Forex trading activity became more global, with cross-border transactions representing 65% of trading activity in April 2010, while local transactions account for 35%.
- The relative ranking of forex trading centres has changed slightly from the previous survey. Banks located in the UK accounted for 36.7%, against 34.6% in 2007, of all forex market turnover, followed by the United States (18%), Japan (6%), Singapore (5%), Switzerland (5%), Hong Kong (5%) and Australia (4%).
Factors that can Influence the Forex Markets
There are many different factors which can influence the value of one currency against another specific currency, some of the key factors to consider include:
- Inflation - as a general rule, countries with consistently lower levels of inflation will experience a rising currency value and those with higher inflation typically see their currency fall in value against other trading currencies.
- Interest Rates - high interest rates can attract foreign capital if an opportunity exists for a higher return relative to other countries. This can therefore drive up the value of a currency. However note that high inflation can counteract this rise.
- Public Debt - countries with a large public debt can be less attractive to foreign investors by encouraging inflation. They also run the risk of defaulting on their debt obligations and as such they incur a poor credit rating. In turn, this can devalue a currency.
- Terms of Trade - linked to current accounts and a country's balance of payments, the terms of trade compare import prices to export prices. If the price of exports rises by more than that of imports, a country can see the value of its currency rise.
- Political Stability / Economic Performance - stable countries with a strong economic performance are more likely to attract foreign investment than less secure countries. Any political turmoil or instability will often result in a country’s currency losing value.
Spread Betting of Forex - Groups
The currency markets are split into 3 groups:
- The Majors: The most active and widely traded currency pairs. For example, Euro/Dollar, Dollar/Yen and Euro/Sterling
- The Minors: The less active and less liquid currency pairs which are less popular than the Majors but more popular than Exotics. Example include the Pound/South African Rand, New Zealand Dollar/Swiss Franc and Dollar/Swedish Krona, Sterling/Canadian Dollar
- The Exotics: Foreign exchange pairs that are less broadly traded than any of the Major and Minor currencies. For example, Dollar/Czech Koruna, Sterling/Hungarian Forint, Dollar/Mexican Peso, Euro/Polish Zloty
With financial spread betting you can lose more than your original stake or investment. Spread betting carries a high level of risk to your capital. Please familiarise yourself with the risks that are involved and before trading, ensure that financial spread betting matches your investment objectives. Seek independent advice where necessary.
Spread Betting on Forex - edited by MJ, 21 May 2012.
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UK Forex Futures Spread Betting - guide last updated: 02 March 2012
UK Forex Futures Spread Betting: a comprehensive look at UK Forex Futures Spread Betting with a Forex Futures spread trading price comparison, how to trade Forex Futures and Forex Futures market commentary. It was a case of sideways trading yesterday for EUR/USD as those spread betting on forex are waiting to ...more: UK Forex Futures Spread Betting.
Forex Futures Spread Betting UK - guide last updated: 17 February 2012
Forex Futures Spread Betting UK: a close look at Forex Futures Spread Betting UK with a Forex Futures trading price comparison, how to trade Forex Futures and Forex Futures commentary where yesterday's bullish economic data sent the US currency higher against the yen. At the time of writing USD/JPY is ...more: Forex Futures Spread Betting UK.
Forex Futures Spread Betting - guide last updated: 03 February 2012
Forex Futures Spread Betting: an in-depth look at Forex Futures Spread Betting with a Forex Futures trading price comparison, how to trade Forex Futures and Forex Futures commentary where the NFP today could provide some excitement for currency traders but for now support and resistance in EUR/USD is ...more: Forex Futures Spread Betting.
Spread Betting on Forex Futures - guide last updated: 20 January 2012
Spread Betting on Forex Futures: a close look at Spread Betting on Forex Futures with a Forex Futures spread betting price comparison, how to trade Forex Futures and Forex Futures commentary where, on the forex spread betting markets, the euro has caused some pain for those bears that have been enjoying the recent downward ...more: Spread Betting on Forex Futures.
FX Spread Trading - guide last updated: 06 January 2012
FX Spread Trading: an in-depth review of FX Spread Trading with an FX spread trading price comparison, how to trade FX and FX commentary where the euro broke to a new 14 month low yesterday taking it below $1.2800 where it remains this morning at $1.2785. The selling pressure ...more: FX Spread Trading.
Financial Spread Betting on FX - guide last updated: 23 December 2011
Financial Spread Betting on FX: a comprehensive look at Financial Spread Betting on FX with an FX trading price comparison, how to trade FX and FX commentary where, in forex spread trading, the euro spiked higher yesterday to around $1.3198, on the back of the ECB's lending spree to 500 Eurozone ...more: Financial Spread Betting on FX.
Online FX Spread Betting - guide last updated: 09 December 2011
Online FX Spread Betting: a comprehensive look at Online FX Spread Betting with an FX trading price comparison, how to trade FX and FX commentary where, despite hopes that European Union leaders would make some progress at the summit yesterday, we were left disappointed as they ...more: Online FX Spread Betting.
Forex Spread Trading - guide last updated: 25 November 2011
Forex Spread Trading: an in-depth look at Forex Spread Trading with a Forex spread trading price comparison, how to trade Forex and Forex commentary where the euro remains the whipping boy in the forex spread trading markets with downside pressure for EUR/USD this morning, albeit not ...more: Forex Spread Trading.
Financial Spread Betting on Forex - guide last updated: 11 November 2011
Financial Spread Betting on Forex: a comprehensive look at Financial Spread Betting on Forex with a Forex spread betting price comparison, how to trade Forex and Forex commentary where forex traders are still very wary of the single currency following the sharp sell off recently and increased volatility in the forex spread betting ...more: Financial Spread Betting on Forex.
Online Forex Spread Betting - guide last updated: 28 October 2011
Online Forex Spread Betting: a close look at Online Forex Spread Betting with a Forex trading price comparison, how to trade Forex and Forex commentary where the appetite for risk boosted the single currency way beyond the expectations of many as EUR/USD went from strength to ...more: Online Forex Spread Betting.
Spread Betting FX Trading - guide last updated: 14 October 2011
Spread Betting FX Trading: an in-depth look at Spread Betting FX Trading with an FX trading price comparison, how to trade FX and FX commentary where FX trading markets are largely flat this morning so for now the dollar's recent weakness is taking a respite. The euro has made some ...more: Spread Betting FX Trading.
UK FX Spread Betting - guide last updated: 30 September 2011
UK FX Spread Betting: a comprehensive look at UK FX Spread Betting with an FX spread betting price comparison, how to trade FX and FX commentary where safe haven currencies were back in the picture on the FX spread betting markets and the Yen and Dollar took advantage of ...more: UK FX Spread Betting.
FX Spread Betting UK - guide last updated: 16 September 2011
FX Spread Betting UK: an in-depth look at FX with an FX trading price comparison, how to trade FX and FX commentary where FX spread betting markets are gearing themselves up for the finance meeting by showing a degree of nervousness, with the Dollar gaining ...more: FX Spread Betting UK.
FX Spread Betting - guide last updated: 02 September 2011
FX Spread Betting: an in-depth look at FX with an FX trading price comparison, how to trade FX and FX commentary where FX spread betting markets see many pairs just drifting sideways. Hardly surprising with Non Farms out later today and ...more: FX Spread Betting.
Spread Betting on FX - guide last updated: 19 August 2011
Spread Betting on FX: an in-depth look at Spread Betting on FX with an FX trading price comparison, how to trade FX and FX commentary where the currency spread betting markets are finally getting twitchy, with the Pound overcoming ...more: Spread Betting on FX.
Spread Betting Forex Trading - guide last updated: 05 August 2011
Spread Betting Forex Trading: an in-depth review of spread betting forex trading with a forex trading price comparison, how to trade forex and forex spread betting market analysis where, on the forex spread betting markets, the Euro has had a bounce this morning after quite a disastrous fall ...more: Spread Betting Forex Trading.
Forex Spread Betting UK - guide last updated: 14 March 2008
Forex Spread Betting UK - a review of forex spread betting for UK investors, with a forex comparison of UK spread betting companies, how to spread bet on forex with UK brokers, an introduction to forex spread betting and ...more: Forex Spread Betting UK.
UK Forex Spread Betting - guide last updated: 29 February 2008
UK Forex Spread Betting - a review of UK forex spread betting, where to spread bet on forex, how to spread bet on forex plus an introduction to forex spread betting and ...more: UK Forex Spread Betting.
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With spread betting you can lose more than your original stake or investment. Spread betting carries a high level of risk to your capital so please familiarise yourself with the risks that are involved and, before trading, ensure that spread betting matches your investment objectives. Seek independent advice where necessary.
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* Based on current UK tax law. Tax law may change and can differ depending on your personal circumstances.
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