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

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

    Forex minute trader is the best EA that I have ever bought,

    I think it is even better than MDP now. In one week I am up 32%,

    I have installed on FXTM ECN account. My trade fills are good - no slippage and orders are fast.

    fxtm are very good for...

  • Eric from UK writes about ForexTime (FXTM):

    FXTM ECN is working well with MDP at the moment.

    My account is up 114% since 3 weeks ago.

    Have zero stop loss limits helps my EA scalp for small pip movements.

    I have done 42 trades so far.

    So far very good

  • Jeroen from Netherlands writes about Vipro Markets:

    With Vipro Markets i enjoy the benefits of a real ECN broker, that is best prices from interbank liquidity, instant trade execution, no waiting and no hidden charges or requotes. What i would like to see though, is promotions and more incentives for...

  • Michael from Slovakia writes about PaxForex:

    Here is my feedback based on my 2 months experience:

    Spread- good

    Execution- exelent

    Commission- they dont have

    Minimum Deposit- effordable

    Bonus- nice, not big but you can take your profit and invetsments anytime

    News trading - ok, t...

Forex Blog

EUR/USD Recovers Despite Good Data from USA

Fri, 30 Sep 2016 17:16

EUR/USD was falling today but started to recover intraday despite economic data from the United States that was coming out good. The possible reason for the bounce were easing fears surrounding Deutsche Bank. There are still concerns that Germany's biggest bank may yet collapse, potentially...

Dollar Rises vs. Euro After GDP, Loses Gains Later

Thu, 29 Sep 2016 15:11

The US dollar attempted to rally against the euro during the Thursday's trading session as the final revision of US gross domestic product was better than the preliminary one. Yet the greenback failed to keep its rally, and currently EUR/USD trades above the opening level. US GDP rose 1.4% in Q2 2016 according...

EUR/USD Goes Down as Traders Wait for Signs from Fed & NFP

Wed, 28 Sep 2016 17:00

EUR/USD went down today, though losses were limited. Several Federal Reserve members are going to speak today, and traders hope to hear something that might reveal Fed's plans for the future of monetary policy. The most important speaker, Fed Chairperson Janet Yellen, already spoke today but did...

Forex News

Canadian Dollar Goes Lower After Two Days of Gains

Canadian Dollar Goes Lower After Two Days of Gains

Fri, 30 Sep 2016 1:52

The Canadian dollar fell on Thursday after two days of gains and maintained its weakness during the Asian trading hours on Friday.

Interest Rate Hike Doesn't Help Mexican Peso

Interest Rate Hike Doesn't Help Mexican Peso

Thu, 29 Sep 2016 23:07

The central bank of Mexico raised interest rates on Thursday, but the market demonstrated limited reaction to the news. The Mexican peso fell during Friday's Asian trading session, continued to be driven by concerns about the US presidential elections.

Domestic Data & Market Sentiment Drive Yen Down

Domestic Data & Market Sentiment Drive Yen Down

Thu, 29 Sep 2016 16:16

The Japanese yen fell today, driven down by both poor domestic macroeconomic data and the general market sentiment that was favoring currencies with higher yield, not safe ones.

Commodity Blog

Gold Erases Gains Heading into Historically Weak October

Fri, 30 Sep 2016 17:22

Gold futures have been unable to maintain any momentum. The yellow metal erased its late Thursday gains as it heads into October, a month...

Crude Oil Fails to Reach $50, Metals Demonstrate Losses

Fri, 30 Sep 2016 0:41

Futures for crude oil struggled to extend their rally today, and prices failed to reach the psychologically important $50 level. This made analysts speculate that...

Strong Export Sales Help Soybean Futures Trade Higher

Thu, 29 Sep 2016 17:03

Soybean is continuing its bullish ways. US soybean futures are trading higher on Thursday after a new report found strong export demand....

Forex Video Zone

WTI Crude Oil and Natural Gas Forecast — September 30th 2016

Fri, 30 Sep 2016 13:15

In this video, the Trader Guy looks at commodities Crude Oil and Natural Gas for the September 30th session. WTI Crude Oil — As you can see, Oil has definitely broken to the upside. We had a positive candle on Thursday. But really, at this point in time, I don't think much of it. It seems to me that we are running out of steam and we have a lot of noise right above $49....

USD/JPY and NZD/USD Forecast — September 30th 2016

Fri, 30 Sep 2016 12:45

In this video, the Trader Guy looks at the currency pairs USD/JPY and NZD/USD for the September 30th session. USD/JPY — We did try to rally initially during the day, but then turned right back around to form a shooting star. A breakdown below the bottom of the shooting star sends this market to 100.00. This is an area, though that I believe is highly supportive and protected by the Bank of Japan. So, I am looking for supportive...

EUR/USD and GBP/USD Forecast — September 30th 2016

Fri, 30 Sep 2016 12:23

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the September 30th session. EUR/USD — This is a market that just went back and forth and chopped around during the day as we have seen time and time again. I have a downward trendline here on this chart. As long as we are below here, I am not interested in buying. I think short-term rallies that show exhaustion are selling...