211313 Resource 119247 120646 120646 1219059191456 1219059191456 Controlled Forex Trading Strategy: South African Rand

Exotic currencies and commodity currencies in FX trading

<font size="2"><span style="font-family: verdana,arial,helvetica,sans-serif;">Forex trading strategy should consider volatility when trading with such currencies as the <a href="http://www.bloomberg.com/apps/news?pid=20601083&sid=a7MyymTzrV5M&refer=currency" target="_blank" title="South African rand, forex trading strategy, forex trading South Afrcian rand, commodity currencies, currencies FX trading, exotic currency, forex strategy rand">South African rand</a>. The rand is an interesting case, since it is both an exotic currency and a one of the commodity currencies.</span><br style="font-family: verdana,arial,helvetica,sans-serif;" /><br style="font-family: verdana,arial,helvetica,sans-serif;" /><span style="font-weight: bold; font-family: verdana,arial,helvetica,sans-serif;">South African rand</span><br style="font-family: verdana,arial,helvetica,sans-serif;" /><br style="font-family: verdana,arial,helvetica,sans-serif;" /><span style="font-family: verdana,arial,helvetica,sans-serif;">The South African rand is not traded as often, since it comes from a developing nation. This means that the rand is rather volatile, and that it can change direction quickly.</span><br style="font-family: verdana,arial,helvetica,sans-serif;" /><br style="font-family: verdana,arial,helvetica,sans-serif;" /><span style="font-family: verdana,arial,helvetica,sans-serif;">Another important thing to remember about the South African rand is that it is among the commodity currencies. With much of the world's gold and platinum coming from South Africa, it is no surprise that rand relies heavily upon exports of the precious metals to support its currency.</span></font><br /> 9 application/xml false commodity currencies currencies FX trading exotic currency forex strategy rand forex trading South Afrcian rand forex trading strategy South African rand A variety of currencies in FX trading http://www.gftforex.com/land/index.asp?aid=446 With much of the world's gold and platinum coming from South Africa, it is no surprise that rand relies heavily upon exports of the precious metals to support its currency. Mozilla/5.0 (Macintosh; U; Intel Mac OS X; en-US; rv:1.8.1.16) Gecko/20080702 Firefox/2.0.0.16 127.0.0.1 127.0.0.1 mmarquit 66.182.71.18 false true false false true 119247 blog blogsite/GFTForex/web