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To a complete newbie who’ve heard little about the global currency market, Forex might seem an over-complicated scientific-financial activity for some sorts of hacker-banker hybrid persons. When such a newbie reads some basic introduction to Forex and tries trading on the demo account, the previous belief usually transforms into a confidence …

An interesting e-book was written back in 1998 by Sam Y. Cross of the Federal Reserve Bank of New York — All About the Foreign Exchange Market in the United States. In the focus of this e-book is the U. S. Forex market in its common understanding — not the macroeconomic currency indicators. This e-book …

Enough with the Blogger, its glitchy publishing system and the limited settings choice. I’ve decided to move my Forex blog to WordPress, as I find it very good CMS for my needs. Of course, in the beginning there will be a lot of things messed up because of it, but now you will probably have a better experience with the whole more clean …

U.S. dollar rallied to its two months low at 1.3320 today. Surprisingly the United States Trade Balance Deficit for April 2007 was reported almost 5 billion dollars lower than predicted $58.5 billion, whereas March Trade Balance Deficit was revised to $62.4 billion (almost a billion …

EUR/USD broke through 1.3400 today on Forex market — showing a new 7-week low. Good macroeconomic data from U.S. was the reason for this break-through. Nonfarm payrolls — a major employment indicator of the U.S. economy — increased by 157,000 in May (22 thousands more than expected), while ISM Index — …