FX online live is a firm, a service that allows international trading of currency to occur conveniently through the use of the internet. An e-dealing platform is launched where customers and users can efficiently purchase money markets products related to FX, settle FX trades faster with the help of trade booking services provided, access information about FX trade using enhanced query tools to settle information, and generate a full screen display of current exchange rates with the help of FX Rate Quote Calculator. Users with a foreign exchange online account or an FX live account can view current movements of currency, rates, and online bets that are placed to make personal predictions and place own bets. In an FX online live website, users can view all exchange rates and their movements that are divided into 13 regions altogether. All the data and information about currency rates are reliable and they all came from interbank liquidity providers. FX online live is a tool that allows users from all over the world to know what exactly is going on in the current foreign exchange market.

From the word 'live' meaning online or current, online users can view exchange rates directly from the webpage. Streaming Forex rates can be done easily, live currency rates can be viewed directly, view world currencies, use the exchange rate tables provided, stream Forex charts, view live Forex charts, and chat with Forex and other currency traders as well.

Benefits of Forex and its Online Live Charts and Tools

Forex is an international online foreign exchange market that operates 24 hours daily. Forex has high liquidity; in fact, it is one of the firms with highest amount of money circulation. Liquidity means that users can convert cash into various kinds of currencies without losing its values. In Forex, liquidity refers to the ability to move large sums of cash into and out of foreign currency with a minimum price movement. Forex provides leverages to users who place bets or trade currency more than the amount available in their account. Profits and benefits can be targeted through Forex online live charts and tools available in Forex website. Online live charts will show current movements of all currencies as well as mark high possibilities of predictions so users can pick and pin point which currency will be traded against which. In other words, the profit comes from pip spread, that is, if a user wins a trial. Professional and well-trained users often use tools and online devices to monitor closely current changes and watch daily economic news to update themselves.

THE TAKEAWAY: The U.S Dollar after a strong start, ended the week lower as data from overseas economies showed improvements and investors sold their safe haven assets.

The U.S. Dollar had a strong start to the week as the currency - amongst others - opened higher against the Yen on the back of the Bank of Japan pledging approximately $1.4 trillion into the Japanese economy to help end deflation. These gains were reinforced as investors saw risk returning to the Euro-zone as newswires reported that Cyprus had not yet turned to Russia for loans and that it would be discussed at the next G-20 summit.

The Greenback started its decline as the Chairman of the Federal Reserve, Ben Bernanke, spoke at the Atlanta Federal Reserve Conference in Georgia. In his speech, Bernanke outlined the improvements in U.S. Banks which showed better results in their most recent set of stress tests whilst also reiterating that QE by Central Banks was ‘mutually constructive.’ This gave comfort to investors seeking higher return in riskier investments as they took their funds out of the so called ‘safe haven’ currency.

Strong factory data out of the U.K. saw the Dollar fall further against the Pound and as China announced a surprise trade deficit with an increase in imports, the strong Australian Dollar forced the Greenback lower still. As the FOMC released their Minutes from their March meeting, the Dollar remained stubbornly stagnant as the S&P500 rose with some committee members anticipating that asset purchases could slow and potentially stop by year end. Finally the ECB’s monthly report released late in the week saw an economic recovery projected for the second half of this year with the Central Bank willing to remain accommodative for as long as needed. The Euro rallied against its American partner as investors regained confidence in the Euro-zone and were prepared to seek returns through other instruments than the safe haven asset.