Monday, January 23, 2012
Friday, November 18, 2011
Main article: Anglo-Saxon pound
The pound was a unit of account in Anglo-Saxon England, equal to 240 silver pennies and equivalent to one pound weight of silver. It evolved into the modern British currency, the pound sterling.
The accounting system of 4 farthings = 1 penny, 12 pence = 1 shilling, 20 shillings = 1 pound was adopted from that introduced by Charlemagne to the Frankish Empire (see French livre).
The origins of sterling lie in the reign of King Offa of Mercia, (757–96) who introduced the silver penny. It copied the denarius of the new currency system of Charlemagne's Frankish Empire. As in the Carolingian system, 240 pennies weighed 1 pound (corresponding to Charlemagne's libra), with the shilling corresponding to Charlemagne's solidus and equal to 12d. At the time of the penny's introduction, it weighed 22.5 troy grains of fine silver (30 tower grains; about 1.5 g), indicating that the Mercian pound weighed 5,400 troy grains (the Mercian pound became the basis of the tower pound, which weighed 5,400 troy grains, equivalent to 7,200 tower grains). At this time, the name sterling had yet to be acquired. The penny swiftly spread throughout the other Anglo-Saxon kingdoms and became the standard coin of what was to become England.
Forex Trading TipsTip 1. Gamblers go to casino. All unproved, spontaneous actions in Forex trading — are a part of pure gambling.
Any attempt to trade without analysis and studying the market is equal to a game. Games are fun except when you lose real money...
Tip 2. Never invest money into a real Forex account until you practice on a Forex Demo account!
Allow at least 2 months for demo trading. Consider this: 90% of beginners fail to succeed in the real money market due to lack of knowledge, practice and discipline. Those remaining 10% of successful traders had been sharpening and shaping their
skills on demo accounts for years before entering the real market.
A good demo account to start practicing with could be, for example, FXGame from Oanda.
Tip 3. Go with the trend!
Trend is your friend. Trade with the trend to maximize your chances to succeed. Trading against the trend won't "kill" a trader, but will definitely require more attention, nerves and sharp skills to rich trading goals.
|When a trend is up you don't want to be selling.||When a trend is down, you don't want to be buying.|
PipHut PRO is a suite of trading tools for the independent forex trader.
When you log in to CandlePro it is like having a team of analysts working for you, leveling the playing field between you and the “big money” that drives the hidden gears of the forex market
Instaforex Mobile Trading terminal allows you to control your accounts by the blackberry or smartphone. InstaForex announced Blackberry, Android and Web versions of InstaForex trading terminal. Now you can trade forex via your mobile devices! The instaForex for blackberry and instaForex apps for smartPhones trading terminal has almost the same functions as its computer-based version. [...]
Revolutions 12 Index Binary Option System is a methodical binary options trading system allows you to take advantage of the opportunity and binary options with index options in a consistent way * Simple and fun system to trade. And the system makes you want to actually trade it. * Running Approximately $11,483.33/mo Systems Results Cash [...]
Practical Options Trading 101 – Options Course for Learning Options Quickly and Directly So you Can Get Onto Trading Options as fast as possible. Practical Options 101 Makes the complicated world of options very simple and practical, direct to the point of making money from options and keeping it. We explain every aspect of options [...]
WallStreet Forex Robot is the first and the only at this time self-updating forex EA on the market. It is very profitable and most importantly a low-risk forex trading system. WallStreet Forex Robot is the first forex robot to update its logic automatically at each launch. This means that all its users can depend on [...]
Thursday, October 27, 2011
Tools & Services
Transfer Money ►
Get FREE international money transfer options with XE Trade. With online quotes & competitive rates! Send a money transfer.
Trade Currency ►
Intro to currency trading with various tips like choosing a broker. Find a glossary of forex terms, breaking news, live forex and interest rates. Read our Currency Trading articles.
Currency Encyclopedia ►
Learn about currency information including live rates, fx news, facts and services for each world currency
Get Free Currency Charts ►
Use our FREE Currency Charts to see a currency's rate history or read breaking forex news about the foreign exchange market. View XE Currency Charts.
Data & Tools
Use our Currency Data ►
Use the industry's most accurate rates to power your website, accounting package or expense management software. Use the XE Datafeed.
Mobile Currency Apps ►
XE Mobile currency tools feature Free currency apps with real time rates for your iPhone, BlackBerry, Android Smartphone, and more.
The American currency dropped against the euro after the EU hammered out a deal to stem the debt crisis that has depressed the markets for months.
EU policymakers have agreed to increase the size of the European Financial Stability Facility (EFSF) to €1 trillion, write down half of the Greek debt owned by private bondholders and called for European banks to raise €106 billion of additional capital.
Traders were jittery ahead of the summit after media reports suggested that euro zone member were still at odds over a few key issues, including how to increase the bailout fund. Gold hit five week highs just before the summit kicked off as investors used it to protect wealth.
The long-awaited comprehensive plan to combat the debt crisis has boosted appetite for riskier assets, triggering a rally in stock markets, while safe haven assets such as the US dollar were out of favour.
Gold traded at US$1,727/oz this afternoon, up just US$2 from Wednesday’s close. Silver rallied 93 cents to US$34.30/oz and platinum advanced US$21 to US$1,614/oz.
Today’s top risers in the sector were:
Norseman Gold (LON:NGL), up 10.5 percent at 7.02 pence at midday
Arian Silver Corp (LON:AGQ), up 10 percent at 25.35 pence
Caledonia Mining (LON:CMCL), up 9.5 percent at 5.75 pence
Solomon Gold (LON:SOLG), up 9.5 percent at 15.99 pence
Aquarius Platinum (LON:AQP), up 9 percent at 194.34 pence
The top fallers were:
GMA Resources (LON:GMA), down 18 percent at 0.102 pence at midday
Bezant Resources (LON:BZT), down 9 percent at 29.15 pence
Alecto Minerals (LON:ALO), down 6 percent at 2 pence
Central Rand Gold (LON:CRND), down 5.5 percent at 0.43 pence
Hummingbird Resources (LON:HUM), down 5.5 percent at 129 pence
The history of the dollar in North America pre-dates US independence. It began with the issuance of Early American currency called the colon...
uk money uk money uk money uk money uk money
Another explanation is that this symbol for peso was the result of a late 18th-century evolution of the scribal abbreviation "p s .&quo...
The pound was a unit of account in Anglo-Saxon England, equal to 240 silver pennies and equivalent to one pound weight of silver. It evolved...
UK Pound UK Pound UK Pound UK Pound UK Pound
UK Currency UK Currency UK Currency UK Currency UK Currency
UK Pound UK Pound UK Pound UK Pound UK Pound
USA Dollar USA Dollar USA Dollar USA Dollar USA Dollar
Canadian Dollars Canadian Dollars Canadian Dollars Canadian Dollars Canadian Dollars
The dinar was introduced in 1965 to replace the Gulf rupee. It was initially equivalent to one pound sterling. As the rupee was fixed at 1 s...