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

  • Henry from United States writes about Trade12:

    In February 2016, I decided to venture into forex trading to make some extra cash so as to compliment the little I was making from my part –time job. However, being a newbie, things did not really go as planned despite having the will and zeal to ma...

  • Thomas from South Africa writes about FxGlory:

    I started trading with FxGlory since 2014.And it has been so far so good with them.

    Actually,my forex trading career began around 2006 on the platform of marketiva. I was frustrated by their platform and other factors and then decided to stop trad...

  • Xavier Tan from Malaysia writes about FXTM:

    If you are searching for a reputable yet reliable PAMM broker, this is the best of the best in terms of PAMM account management in the Forex World.

    I had absolute zero issue dealing with FXTM in terms of withdrawal, deposits and even my money mana...

  • Bosun from Nigeria writes about FxGlory:

    @ Nathan, USA.

    I can see that you are not even a trader at FxGlory . Most brokers have more negative reviews than positive on forexpeacearmy. You have to listen to real traders on other sites like earnforex.

Forex Blog

EUR/USD Jumps Following NFP Release, Retreats Immediately

Fri, 2 Dec 2016 14:23

US nonfarm payrolls released today were very mixed, resulting in volatile trading on the Forex market. EUR/USD jumped after the release but backed off immediately to trade below the opening level as of now. Nonfarm payrolls rose 178k in November, in line with expectations. But the October gain was revised negatively...

EUR/USD Manages to Rally Despite Mostly Positive Economic Data from USA

Thu, 1 Dec 2016 16:36

US economic data released today was good for the most part, with the exception of unexpectedly rising jobless claims. Yet that did not help the dollar to hold its ground versus the euro. EUR/USD was rising during the current trading session, and while the currency pair pulled back intraday, it...

EUR/USD Falls After Wednesday's Economic Data from USA

Wed, 30 Nov 2016 15:59

EUR/USD fell today after the release of US economic data. While some indicators trailed expectations, the data was good for the most part. The most notable report was private employment data from Automatic Data Processing, which turned out to be much better than forecasts. ADP employment demonstrated...

Forex News

Sterling Strong as Britain's Officials Want to Avoid Hard Brexit

Sterling Strong as Britain's Officials Want to Avoid Hard Brexit

Fri, 2 Dec 2016 21:28

The Great Britain pound was strong on Friday, rising against its most-traded peers, as Britain's officials were talking about possibility of keeping access to the single market of the European Union.

Canadian Dollar Gets Help from Positive Employment Report

Canadian Dollar Gets Help from Positive Employment Report

Fri, 2 Dec 2016 19:10

The Canadian dollar rose against most of its major peers (with the exception of the Japanese yen) with the help of rather positive employment data released from Canada over the trading session.

US Dollar Falls Against Major Peers Following Disappointing Jobs Data

US Dollar Falls Against Major Peers Following Disappointing Jobs Data

Fri, 2 Dec 2016 18:43

The dollar declined against most of its major peers on Friday, following a new report that revealed average jobs gains in November. The US currency, which rose during the past 3 weeks, could be having a corrected movement after its rapid rally in the wake of Donald Trump’s presidency.

Commodity Blog

Crude Oil Prices Keep Rising Above $50

Fri, 2 Dec 2016 19:29

It looks like optimism, caused the OPEC deal to cut oil production persists. And it continued to propel prices for crude higher. While analysts...

Gold Rises on Positive US Jobs Data, Posts Weekly Loss

Fri, 2 Dec 2016 17:35

Even as the US labor market had a strong November, gold still rallied to end the trading week. Despite the modest gains, the yellow metal is still...

Bitcoin’s Price Rises to Its Highest Level Since 2014

Fri, 2 Dec 2016 16:29

Bitcoin is on the rise again, moving past its previous high in 2016 to set a stronger value for its best price in the year at a level that was...

Forex Video Zone

Gold Likely to Suffer Losses After FOMC Meeting

Fri, 2 Dec 2016 15:26

The outcome of the OPEC and non OPEC countries meeting came under spotlight on Thursday. While oil prices jumped by more than 3%, the US dollar weakened. Besides, traders were awaiting publication of the US economic reports in hope to get more clues on possiblity of the Fed's rate hike in December. The US dollar index was at 101.14 at the end of Wednesday's trades moving away from the daily high set above 101.50. Analysts say...

WTI Crude Oil and Natural Gas Forecast — December 2nd 2016

Fri, 2 Dec 2016 15:02

In this video, the Trader Guy looks at commodities Crude Oil and Natural Gas for the December 2nd session. WTI Crude Oil — This is Non-Farm Payroll Friday. So, we expect some volatility in general. But Thursday saw the whole market just take off yet again. This is in reaction to the OPEC announcement and perhaps the Russian agreeing to do a little bit. But I still think eventually the oversupply issue...

USD/JPY and AUD/USD Forecast — December 2nd 2016

Fri, 2 Dec 2016 14:33

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the December 2nd session. USD/JPY — The USD/JPY is particularly an interesting pair today, because we pulled back in what has been a very bullish move. It makes sense though that we have the unemployment numbers coming out of the United States. This pair tends to be very sensitive to that. What I want to see is a pullback,...