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 $5.1 trillion (as of April 2016). 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

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...

EUR/USD Ends Four-Day Rally

Tue, 27 Sep 2016 15:36

EUR/USD fell today, declining for the first day in five. One of the major reason for this was the general consensus that Hillary Clinton won the Monday's presidential debate with Donald Trump, and that was considered a positive outcome for the dollar. Tuesday's economic data from the United States also benefited the US...

Forex News

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.

Pound Under Pressure from Stimulus Expectations

Pound Under Pressure from Stimulus Expectations

Thu, 29 Sep 2016 15:56

The Great Britain pound fell against some of its rivals today, continuing to experience pressure from stimulus expectations. The currency managed to beat the Japanese yen, though, as risk appetite made investors less interested in safe currencies.

Commodity Blog

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....

Surprise Announcement from OPEC Makes Crude Surge

Thu, 29 Sep 2016 0:28

The big news of the day was the surprise agreement of the Organization of Petroleum Exporting Countries to reduce oil production. The vast majority of market participants and analysts...

Gold Continues Freefall Before Janet Yellen Testimony

Wed, 28 Sep 2016 17:20

Gold prices are having a terrible trading week. Ahead of Federal Reserve Chair Janet Yellen's Congressional testimony, the yellow metal continued...

Forex Video Zone

USD/JPY and NZD/USD Forecast — September 29th 2016

Thu, 29 Sep 2016 11:24

In this video, the Trader Guy looks at the currency pairs USD/JPY and NZD/USD for the September 29th session. USD/JPY — We did slightly rise during the course of the day on Wednesday, but at this point in time, the 100.00 level is where the market will continue to find buyers again and again. So, with this, we will grind higher probably not much more than that. I think that the Bank of Japan...

EUR/USD and GBP/USD Forecast — September 29th 2016

Thu, 29 Sep 2016 11:12

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the September 29th session. EUR/USD — We really had a volatile session, but quite frankly we have gone just sideways. But I think we will eventually show an exhaustive candle that we can start selling again. I think we are going to grind down towards the 1.1150 level. So, short-term selling opportunities...

Daily Forex News and Analysis — September 29th 2016

Thu, 29 Sep 2016 10:14

Wall Street traded higher on Wednesday as gains in the oil and Gas sectors led shares higher. The Dow Jones rose by 0.61% and the NASDAQ added 0.24% to its value. The US dollar traded higher against the major currencies after positive US data on durable goods orders. Today, the US Unemployment Claims is expected at 260K vs. 252K previously and the US GDP is expected at 1.3% vs. 1.1% previously. Gold...