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The term "currency trading" can mean different things. If you want to learn about how to save time and money on foreign payments and currency transfers, visit XE Trade Money Transfers.
These articles, on the other hand, discuss currency trading as buying and selling currency on the foreign exchange (or "Forex") market with the intent to make money, often called "speculative forex trading". XE does not offer speculative forex trading, nor do we recommend any firms that offer this service. These articles are provided for general information only.
How Forex Works The currency exchange rate is the rate at which one currency can be exchanged for another. It is always quoted in pairs like the EUR/USD (the Euro and the US Dollar). Exchange rates fluctuate based on economic factors like inflation, industrial production and geopolitical events. These factors will influence whether you buy or sell a currency pair.
Example of a Forex Trade: The EUR/USD rate represents the number of US Dollars one Euro can purchase. If you believe that the Euro will increase in value against the US Dollar, you will buy Euros with US Dollars. If the exchange rate rises, you will sell the Euros back, making a profit. Please keep in mind that forex trading involves a high risk of loss.
Why Trade Currencies? Forex is the world's largest market, with about 3.2 trillion US dollars in daily volume and 24-hour market action. Some key differences between Forex and Equities markets are: Many firms don't charge commissions – you pay only the bid/ask spreads. There's 24 hour trading – you dictate when to trade and how to trade. You can trade on leverage, but this can magnify potential gains and losses. You can focus on picking from a few currencies rather than from 5000 stocks. Forex is accessible – you don’t need a lot of money to get started.
Why Currency Trading Is Not For Everyone Trading foreign exchange on margin carries a high level of risk, and may not be suitable for everyone. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. Remember, you could sustain a loss of some or all of your initial investment, which means that you should not invest money that you cannot afford to lose. If you have any doubts, it is advisable to seek advice from an independent financial advisor.
1 Bedroom Apartment Rental in Blackfriars, City - London (LN-649)
The interior photos are from a model apartment in the building. The model apartment is representative of both the quality and style of apartments offered at this location. Description, floor plan and photos are for reference purposes only. Actual apartment's dimensions, layouts and furniture may vary.
Blackfriars is an area of central London in the south-west corner of the city and adjacent to the Thames River. Known as the "Wall Street of London", many fortune 500 companies are located in this area, making it the perfect spot if you are looking for a furnished corporate rental apartment or even if you're just visiting London for leisure and want to be in the heart of the city.
Located between Ireland Yard and Carter Lane in the Blackfriars area, this 1 Bedroom/1 Bath furnished London apartment is located in an elevator building consisting of 12 apartments with a video security camera system at the entrance. Designed in a modern style to emphasize light and space, this sleek corporate-style apartment offers the luxury of modern fixtures and designer Italian furniture. Any modern apartment has to be fitted with the latest technology to keep up with this fast paced international city and major world business center. Your apartment is equipped with wireless broadband internet, and telephone with voicemail to keep up with business, but all work and no play does get boring so in your downtime you can enjoy 2 flat screen TVs with satellite channels (one in the bedroom and one in the living room), a DVD player and i-pod docking station. There is also a well-equipped gym in the vicinity. The units in this building have been cleverly designed with views over a tree-lined courtyard to provide peace in the middle of the big city of London. The living space emphasizes serenity from the living room with plush sofa to the zen-like ambiance of the glass and tiled en suite bathroom you'll spend far too much time in. Off the relaxing, light filled living room is the open kitchenette area equipped with a microwave, dishwasher, coffee maker and toaster. The perfect set up to prepare a home cooked meal and sit down at your dining table for four (invite friends!).
After dinner you can saunter over to your retreat from the city (aka your bedroom), collapse into the cozy bed and watch your favorite show or movie on your flat screen TV. The en suite bathroom is just off the bedroom through a sliding glass door. The open airy feeling carries throughout the space with a glass enclosed tiled shower or, if you want to melt away the day, there's a deep soaking tub to submerge yourself in.
If all that lazing around makes you guilty you could always do some laundry; its not that much work after all when you have your own washer/dryer located right in the apartment. (But if housework isn't your thing there's always the weekly housekeeping offered at these serviced apartments to fall
back on).
There is never a lack of things to do around this central area of London, you'll have your pick of pubs, restaurants and shopping all within easy reach. On the weekends when the stockbrokers have stopped rushing around there is still plenty of action in the area. You can take in the Tate Modern and soak up some art, watch the Ceremony of the Keys, a 700 year old tradition that takes place every night at the Tower of London or attend an open air performance at Shakespeare's Globe Theater just as audiences did in Shakespeare's day.
The Blackfriars underground station served by the District and Circle lines is a short stroll (.1 mile or 160 meters) from your abode. Of course there is also a network of day and night bus routes that encircle the area as well. Car parking facilities can be found nearby as well.
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