Forex Trading Information
FOREX — the foreign exchange (currency or forex, or FX) market is the
and the most liquid financial market with the daily volume of more than $3.2 trillion.
Trading on this market involves buying and selling world currencies taking
the profit from the exchange rates difference. Forex trading can yield high profits,
but it is also very risky. Everyone can participate in Forex trading via the Forex
brokers.
Don’t forget to check and bookmark my Forex blog to get
the latest updates about Forex market and this site’s content.
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Latest Forex News
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Korean Won at Lowest since 2005
Thu, 08 May 2008 08:55
The South Korean won declined to its lowest level since November 2005, as the country’s central bank said that the weaker currency will be helping against the economic stagnation.
Dollar Rose on Hoenig’s Hawkish Comments
Wed, 07 May 2008 07:46
The U.S. dollar rose today during the late Asian Forex trading session, as the traders reacted on the hawkish commentary by the Federal Reserve Bank of Kansas City President Thomas Hoenig.
AUD Stops Growth after RBA Statement
Tue, 06 May 2008 07:47
The Australian dollar stopped growing on the Forex market today after the Reserve Bank of Australia mentioned economical growth moderation in its monetary policy statement.
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Latest Glossary Entries
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| Aussie — a Forex slang name for the Australian dollar. |
| Moving Average (MA) — one of the most basic technical indicators. It shows the average rate calculated over a series of time periods. Exponential Moving Average (EMA), Weighted Moving Average (WMA) etc. are just the ways of weighing the rates and the periods. |
| Scalping — a style of trading notable by many positions that are opened for extremely small and short-term profits. |
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