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. 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.

Getting into Forex trading is easy:

1. Start with our free Forex course.
2. Open an account with a broker.
3. Learn from other traders at the forum.

Latest in Forex

  • Dan A. from Cameroon writes about Fort Financial Services:

    My first impressions were not great but I gained a lot of respect for FortFS. There was a misunderstanding at first and I lost my bonus but they can admit when they were wrong and solved the issue with my order. The live chat was super helpful. I wil...

  • S.Smith from United States writes about Coinexx:

    This was my first time purchasing bitcoin to fund an account. I got an address from the terminal it took me about an hour to figure everything out. I purchased through Coinbase so it took a long time going through all the confirmations so I just chec...

  • Merry Balti from Finland writes about ForexChief:

    What they offer is exactly what is written in their website. I have noticed the spreads are even lower. There have been a couple of platform freezing when there is important economic news update. Still, my overall experience with the broker is positi...

  • Anna from Ukraine, Lviv writes about IFC Markets:

    As many of us I have traded with several companies and there is something I noticed:

    Info on official website not always represent the facts!!! It just makes me crazy every time.

    And there is why I am writing my first review about any broker:

    Inf...

Forex Blog

EUR/USD Tanks, Hurt by Weak Economic Data in Eurozone & China

Fri, 14 Dec 2018 17:25

EUR/USD tanked today after economic reports released in the eurozone and China during the trading session turned out to be worse than market participants anticipated, putting the Forex market into a risk-off mode. Meanwhile, US retail sales were slightly above expectations, helping the dollar a bit,...

EUR/USD Volatile due to ECB Policy Announcement

Thu, 13 Dec 2018 21:03

EUR/USD was extremely volatile today, rising ahead of the policy announcement from the European Central Bank, falling sharply after the release, but rebounding to almost flat by the end of the Thursday's session. ECB President Mario Draghi announced an end to the quantitative easing program but made dovish remarks, sending the currency pair ...

EUR/USD Climbs as US Inflation Stagnates

Wed, 12 Dec 2018 20:35

EUR/USD rallied today after data showed that US inflation stalled last month. The general positive market sentiment also helped the currency pair. CPI showed no change in November, exactly as analysts had predicted. The index was up 0.3% in October. (Event A on the chart.) US crude oil inventories...

Forex News

Euro Crashes to New Monthly Lows on Weak Eurozone PMI Prints

Euro Crashes to New Monthly Lows on Weak Eurozone PMI Prints

Fri, 14 Dec 2018 17:01

The euro today crashed to new monthly lows in the early European session following the release of multiple disappointing flash PMI readings from across the eurozone by IHS Markit.

Chinese Yuan Weakens on Disappointing Economic Data

Chinese Yuan Weakens on Disappointing Economic Data

Fri, 14 Dec 2018 16:10

The Chinese yuan is weakening at the end of the trading week on recent National Bureau of Statistics (NBS) data that disappointed investors. This year, the currency’s descent has been in line with the trends plaguing the national economy, leaving many analysts wondering if the yuan will maintain this negative performance in 2019.

Yen Gains on Domestic Economic Reports, Market Sentiment

Yen Gains on Domestic Economic Reports, Market Sentiment

Fri, 14 Dec 2018 13:03

The Japanese yen gained against its major rivals today. While the currency has basically erased its gains versus the US dollar by now, it retained them versus other majors. Domestic macroeconomic reports released over the trading session were good, but the general risk-averse market sentiment likely played a bigger part in the yen's rally.

Commodity Blog

Crude Oil Falls Further Even as US Driller Reduce Number of Oil Rigs

Fri, 14 Dec 2018 20:50

Crude oil extended its previous losses today, heading to end the session with more than 2% decline. Prices continued to sink even as US...

Gold Falls, Poised for a Weekly Loss on Rallying Greenback

Fri, 14 Dec 2018 15:47

Gold futures are tumbling to finish off the trading week, leading to a weekly loss for the yellow metal. Gold prices are taking a hit because of a rallying...

Commodities Trade in Red During Friday's Session

Fri, 14 Dec 2018 12:15

The vast majority of commodities posted losses during the Friday's European trading session. Crude oil reversed yesterday's gains today. Yesterday, the commodity surged about ...

Forex Video Zone

How to Use And Measure Market Volatility for Trading?

Fri, 14 Dec 2018 16:17

In this video, you will learn how to measure and use volatility in forex trading. Measuring volatility is extremely important, as you get more price movements resulting in larger profit for your trades. When the market is not volatile, there is no point trading it, because the market is not clear in its direction, and stay flat. You don't earn much profit from such market conditions...

New Zealand Dollar and Agriculture

Fri, 14 Dec 2018 15:42

The Australian and the New Zealand dollar are commodity currencies. In this video, you will learn about how agriculture plays a key role in the economic growth and controls the value of the kiwi. New Zealand exports commodities such as milk, wool, meat, etc. to Asian countries. It is seen as a shopping place for many developing countries for products related to dairy industry. For example, look at this chart. There are 3...

Second Canadian Detained in China

Fri, 14 Dec 2018 10:38

One more Canadian, Michael Spavor was arrested in China on charges of espionage. He is the founder of Paektu Cultural Exchange, involved with promoting cultural relations with North Korea. However, the trade negotiations between the US and China are going in a smooth pace. The US dollar index is trading at 97.20. The USD/JPY pair is trading at 114.00. The Tankan survey was released by the Bank of Japan...