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Despite the fact that the US dollar is the most popularly traded currency in the modern FX market, the worldwide leader for the currency trading is not the US but UK with its capital city of London. The presented infographics displays the geographical distribution of global Forex trading turnover. The data is from April, …

According to the latest reports, the Forex industry is growing rapidly. For a better picture of the current state of the foreign exchange market I’ve decided to create a set of infographics. The first one shows the global FX turnover along with the biggest participants — the financial institutions that provide liquidity to the retail Forex brokers. The data …

Michael R. King from the Bank for International Settlements (BIS) and Dagfinn Rime from the Central Bank of Norway (CBN) have published an interesting article about the major reasons of the growth of volume in the Forex market since 2007. Although the article contains little useful information for the retail Forex traders, it …

Considering that today isn’t a day of a high market volatility and big opportunities in Forex, I’ve decided to post something interesting but a little detached from the actual trading. I’m always interested in how the popularity of the Forex trading grows among the common people. Fortunately enough, Google is such a nice company …

I’ve made some major changes to the structure of URLs (and some inner components too) in EarnForex.com. Also improved the site’s loading speed with on-the-fly compression and caching. Unfortunately, everything good has its bad side too. So, if you spot a 404 error or a strange redirect or some …

I’ll be on vacation in Croatia for the next two weeks, taking rest from updating the site and Forex trading. My response to the e-mail messages may also be very slow. But I will return on September 13th and will immediately continue providing analysis, news and other Forex goodies to all you traders. So, …

My own experience suggests that the majority of the traders usually trades on 2 or 3 preferred Forex pairs that usually include EUR/USD, GBP/USD and USD/JPY, while not many go into other major crosses with an extremely low number of traders touching something exotic like USD/BRL or NZD/CHF. In Forex …

The majority of the professional Forex traders spend full working day on trading. I spend no more than an hour a day to trade. Usually even less. Some traders that I know trade during London/U.S. sessions’ intersection (four hours). Actually I don’t think that the time spent on the market can …

Some people predicted it long ago, but no one really believed it until today. It was announced by the BIS (Bank for International Settlements), IMF (International Monetary Fund) and the world’s leading private banking institutions that the traditional Forex market is going to be closed very soon. The retail …

The gold seems to be becoming the favorite investment around as the traders are afraid of the crisis and the fiat currencies seem to be in a great danger when all those anti-crisis measures will induct a massive wave of inflation, reducing the money’s buying power. In such an environment gold looks like a good investment to save one’s assets and to multiply them if you …