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

  • Shawn White from Mexico writes about Formax:

    Formax are one of the most professional brokers I have had an account with, execution is excellent, pricing is competitive, deposits and withdrawals are super fast and they have the best customer service I have experienced. Highly recommend!

  • Marco from Italy writes about SuperForex:

    Being a newcomer it was a difficult to begin to trade and difficult to choose the best broker. I just liked their web site and decided to open there my first account. I met here good support, interesting analytics and reviews and good information to...

  • Abdul Samad from malaysia writes about ForexTime (FXTM):

    To begin with, when I trade, the most important thing for me is the trust between a broker and the customer.

    Usually I open a cent account to test out a broker's services. From that perspective, FXTM is quite an interesting broker.

    In January 201...

  • 10Markets writes about 10Markets:

    Dear Mr. Ramon

    We in 10Markets always inspire to give the great customer service to our clients.

    All the messages you left on were answered, moreover, we're constantly in touch with you on Live Chat on an...

Forex Blog

Jobless Data Shakes EUR/USD, Housing Data Lets Dollar Appreciate

Thu, 20 Oct 2016 19:15

EUR/USD posted a significant intraday spike following a disappointing weekly US jobless data report combined with a mixed sentiment indicator. The currency pair rebounded during the next 15 minutes and went into a downtrend for 2 hours more, spurred by the better-than-expected housing data from the United States. Initial jobless ...

For Second Day EUR/USD Fails to Rally

Wed, 19 Oct 2016 15:11

Today, EUR/USD demonstrated basically the same performance as yesterday — rising intraday but failing to keep gains and retreating below the opening level. Economic data hardly had any impact on the moves of the currency pair as there were no reports from the eurozone while US indicators were mixed and gave the dollar no...

EUR/USD Fails to Keep Gains, Falls Below Opening Level

Tue, 18 Oct 2016 21:16

EUR/USD attempted to rally after data showed that core inflation was below expectations (0.1% actual versus 0.2% forecast) but failed to maintain upward momentum and slipped below the opening level. Speculators continue to bet on an interest rate hike from the Federal Reserve in December, and that is likely...

Forex News

Lira Little Changed After Turkish Central Bank Refrains from Rate Cut

Lira Little Changed After Turkish Central Bank Refrains from Rate Cut

Thu, 20 Oct 2016 12:23

The Turkish lira was little changed today after the nation's central bank made a surprise decision to keep interest rates unchanged.

Australian Dollar Falls vs. US Dollar After Six Sessions of Gains

Australian Dollar Falls vs. US Dollar After Six Sessions of Gains

Thu, 20 Oct 2016 11:37

The Australian dollar went down today, falling for the first time in seven sessions against its US counterpart, after the release of macroeconomic data from Australia. While reports were mixed, markets apparently preferred to pay more attention to the bad part of the data.

US Dollar Loses Ground to Yen Amid Depressing Housing Starts Data

US Dollar Loses Ground to Yen Amid Depressing Housing Starts Data

Wed, 19 Oct 2016 17:48

The US dollar appeared bearish against the Japanese yen after the US Census Bureau published the housing starts data, which came out at 1.05 million against the forecast of around 1.18 million. Housing starts represent the annualized number of residential buildings that initiated construction work during the previous month.

Commodity Blog

Gold Snaps Three-Day Winning Streak After ECB Announcement

Thu, 20 Oct 2016 17:20

Gold snapped its three-day winning streak on Thursday after the European Central Bank (ECB) left interest rates unchanged and pledged to move ahead...

Heavy Hog Supplies Have Investors Anxious

Wed, 19 Oct 2016 23:58

In its latest WASDE report, the USDA forecast lean hog prices to decrease by 17% to $36–38 per cwt in the fourth quarter of 2016. The forecasted decline...

Death of Thai King Spells Uncertainty for Rubber Market

Wed, 19 Oct 2016 23:51

The most actively traded rubber contract on TOCOM for March 2017 delivery lost 6.3 yen to close at 176.7 yen per kilogram on Wednesday, briefly...

Forex Video Zone

WTI Crude Oil and Natural Gas Forecast — October 20th 2016

Thu, 20 Oct 2016 14:53

In this video, the Trader Guy looks at commodities Crude Oil and Natural Gas for the October 20th session. WTI Crude Oil — It's difficult to look at this WTI market and not recognize that we still have plenty of bullish pressure. With this, I think that we have to pull back a little bit to find support as we continue to try to build up momentum. I think that the $49 level...

USD/JPY and AUD/USD Forecast — October 20th 2016

Thu, 20 Oct 2016 13:53

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the October 20th session. AUD/USD — As you can see, the US dollar fell against the Japanese yen today. But there seems to be a significant amount of support down at 103.00. So, I think it is only a matter of time, before the buyers get involved. I expect a bounce there and any type of supportive candle, I am willing...

EUR/USD and GBP/USD Forecast — October 20th 2016

Thu, 20 Oct 2016 13:13

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the October 20th session. EUR/USD — As you can see, we did initially try to rally, but we turned right back around to form a very negative candle at 1.10 as we have done so on Tuesday. We ended forming a shooting star. A breakdown below the bottom of the shooting star, then the market reaches towards the 1.09...