Forex Trading Information

Forex — the foreign exchange (currency or FOREX, or FX) market is the biggest and the most liquid financial market in the world. It boasts a daily volume of more than $5.3 trillion (as of April 2013). Trading in this market involves buying and selling world currencies, taking profit from the exchange rates difference. FX trading can yield high profits but is also a very risky endeavor. Everyone can participate in foreign exchange trading via the Forex brokers.

You can also join a friendly community of traders at the Forex forum.

Latest in Forex

  • robby from Philippines writes about LMFX:

    this review comes after my 3rd withdrawal from a 7 month old premium account, the broker was introduced to me through a friend and i have been using them as a secondary account. Opening an account is easy, though documentation can be a bit strict, ov...

  • Frank from France writes about Bolmax Management:

    During lattest time, slippages got to happen much more frequently. The matter is not in my computer as I keep it clear most of time and other terminals work normally. Closing of trades takes approximately up to five seconds though it had been instant...

  • Jae from south korea writes about ForexTime (FXTM):

    Great broker for scalping, fill orders with pretty tight spreads on majors, I try to avoid Asian sessions, so don't know how good are spreads in this times.

    Had only 3-4 requotes in 200+ orders, what's very impressive for retail brokerage.

    Suppor...

  • Nicola Svetlov from Ukraine writes about NewForex:

    I’m novice but decided to study everything. At newforex i’m since last year. I’m not waiting for fast and easy money. Btw on newforex website they’ve got necessary articles for novices. I learned there that it’s better not to trade against market. It...

Forex Blog

EUR/USD Little Changed After Mixed US Data

Wed, 31 Aug 2016 15:57

EUR/USD was trading mostly sideways today. US economic reports did not help the currency pair to find direction as solid employment and the strong housing market contrasted with the worse-than-expected Chicago Business Barometer. ADP employment rose by 177k in August, a bit more than analysts had...

EUR/USD Down as Dollar Retains Strength

Tue, 30 Aug 2016 20:20

EUR/USD fell today as the dollar continued to be firm after hawkish comments from Federal Reserve officials. Economic data released from the United States at the start of the week was solid, supporting the view that the Fed will act soon, raising interest rates. S&P/Case-Shiller home price index rose...

Factors to Consider Before Entering a Trade

Mon, 29 Aug 2016 18:49

Sometimes, when your trading strategy generates a signal, you might still wonder whether this particular trade is worth executing. Perhaps, there are some factors that should be considered before opening a position? Algorithmic trading systems as well as the most short-term human traders (e.g., scalpers)...

Forex News

Housing Market Helps UK Pound Today

Housing Market Helps UK Pound Today

Wed, 31 Aug 2016 14:47

A rebounding housing market is helping the UK pound today. Sterling is higher against some of its major counterparts, even though the long-term expectations are for a downside, due to continued Brexit concerns.

New Zealand Dollar Rises Despite Falling Business Confidence

New Zealand Dollar Rises Despite Falling Business Confidence

Wed, 31 Aug 2016 11:43

The New Zealand dollar rose against its major rivals during the current trading session even though the business confidence eased during this month.

Hungarian Forint Declines with Foreign Investment

Hungarian Forint Declines with Foreign Investment

Wed, 31 Aug 2016 11:26

The Hungarian forint dropped against the US dollar today as investors were reluctant to bring money into the nation's economy.

Commodity Blog

Chinese Steel Output Accelerated in August, Iron Ore Below $60 on Demand Concerns

Wed, 31 Aug 2016 22:37

62% fines deliverable to China’s Qingdao port rose 0.29% to $59.31 per ton on Wednesday, according to Metal Bulletin. Iron ore for delivery...

Cotton Dips to Multi Week Low on Improved US Crop

Wed, 31 Aug 2016 21:44

A stronger dollar and the arrival of needed rains in Texas have prompted traders to liquidate their cotton positions, sending the fiber to multi week lows. The most active...

Orange Juice Sales Plummet as Americans Shun Classic Breakfast Staple

Wed, 31 Aug 2016 17:30

As more American consumers embrace low-sugar diets, orange juice sales are feeling the squeeze. With a growing number of households eliminating the beverage from the breakfast...

Forex Video Zone

WTI Crude Oil and Natural Gas Forecast — August 31st 2016

Wed, 31 Aug 2016 13:46

In this video, the Trader Guy looks at commodities Crude Oil and Natural Gas for the August 31st session. WTI Crude Oil — We tried to rally, but then turned right back around to fall towards the $46 level. With the inventory numbers coming out today. If we can break down below the $46 level, we will probably drop down towards the $45 level. On the other hand, if...

USD/JPY and AUD/USD Forecast — August 31st 2016

Wed, 31 Aug 2016 13:11

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the August 31st session. USD/JPY — As you can see, this pair has exploded to the upside as the Bank of Japan is ready to intervene and add more quantitative easing if the value of the yen continues to go higher. At the same time, Janet Yellen has suggested that perhaps interest rate hikes are not off the table. Breaking the top...

EUR/USD and GBP/USD Forecast — August 31st 2016

Wed, 31 Aug 2016 12:17

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the August 31st session. EUR/USD — We have fallen during the trading session on Tuesday and more importantly, what we have done is broken down below the bottom of this hammer. It is a very negative sign to me. I think we are probably going to grind our way down to 1.11. I am not looking for a meltdown....