Abby's views - By Abbyroad | Forex trading & Analysis

Swiss miss

25. February 2009

Share The Swiss franc, popularly known as Swissy among the forex trading crowd, was made the official currency of the Helvetic republic way back in 1798. The code CHF which is currently assigned to the currency is the acronym of the Latin Confoederatio Helvetica franc. The Helvetic republic has since changed its name to Switzerland, but [...]

Japan – land of the sinking Yen

21. February 2009

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Share The Japanese economy is now taking center stage in the forex market as the Yen continues to struggle against the USD. What better time to take a look at the unique economy behind the currency. The Japanese economy is the largest national economy in the world behind the US and China, and is famous for its [...]

Understanding the Yen

7. February 2009

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Share The fourth most traded currency in the forex market comes from the land of the rising sun, and it is of course the Japanese Yen. The JPY became Japanâ€™s official currency, after a long period of varying and multiple monetary systems, in the late 19th century after the Meiji Restoration. The Yen was then set [...]

Anarchy in the UK

31. January 2009

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Share Seeing as the GBP is the third most traded currency in the forex market, it couldnâ€™t possibly hurt to learn a little about the UK economy, of which it is representative. Although the United Kingdom belongs politically to the European Union, it has decidedly refused to join in the monetary and economic [...]

Get a load of the pound sterling

21. January 2009

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Share The pound sterling is the third most commonly traded currency in the forex market and incidentally, the oldest currency still around. It originates from way back before the Magna Carta, when there was no United Kingdom and the British Isles were divided between the warrior kingdoms of the Anglo-Saxons. These kingdoms used a currency known [...]