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

  • Peter from UK writes about 10Markets:

    I started to trade first time in October with a small amount with Malcolm Brown. We trade with Binary. We had a good and bad trades as well. My money was was goes down, maybe I was not lucky, than I meet with Danny Morgan. I can say, from November ti...

  • Liesel Doerflein from Germany writes about Trade Fintech:

    Just recently opened an account and I like what I see. I've used scottrade and choicetrade but I think this is gona be my main broker. There graphs and mobile apps are great. The website layout is alot better and simpler to use than choice trade.

    E...

  • Hughes D. from USA writes about Trade12:

    When you have recorded lot failures in forex trading, then you begin to think it just doesn’t work. This was the case with me when I started trading 2 years ago. I love taking risk especially when such risk will bring me some sort of greater profit...

  • 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...

Forex Blog

EUR/USD Retreats After Post-Referendum Rally

Tue, 6 Dec 2016 16:29

EUR/USD fell today after yesterday's rally that followed the Italian referendum. Today's economic data from the United States was mixed, providing no reason for the currency pair to move either up or down. Meanwhile, traders wait for Thursday's monetary policy decision from the European Central Bank....

Do You Pay Taxes on Forex Trading Gains?

Mon, 5 Dec 2016 18:18

Paying taxes is really the last thing a new foreign exchange trader should care about, but it is definitely a serious issue for any profitable trader. Correct handling of one's taxes is not only ethical but will help to avoid unnecessary problems and expenditures in the future. I am not...

EUR/USD Swings Down Then Up After Italy's Referendum

Mon, 5 Dec 2016 17:27

The main factor influencing EUR/USD today was the Italian constitutional referendum that has been held on Sunday. Initially, the currency pair reacted very negatively to the outcome of the voting as it ended with rejections of reforms proposed by Italian Prime Minister Matteo Renzi and his resignation. Yet EUR/USD bounced strongly after...

Forex News

British Pound Gives up Earlier Gains Against US Dollar

British Pound Gives up Earlier Gains Against US Dollar

Tue, 6 Dec 2016 22:12

The British pound erased its earlier gains after the currency moved higher against the US dollar on Tuesday. Mixed sentiments between traders followed a legal case that is presented in front of the Supreme Court of the United Kingdom, which might delay the nation’s departure from the European Union.

US Dollar Remains Stable Against Euro as Traders Brace for Upcoming Policy Meetings

US Dollar Remains Stable Against Euro as Traders Brace for Upcoming Policy Meetings

Tue, 6 Dec 2016 20:59

The US dollar had a tight range of movement against the euro on Tuesday, as currency traders anticipated upcoming monetary policy meetings in major economies.

Turkish Lira Jumps Against US Dollar

Turkish Lira Jumps Against US Dollar

Tue, 6 Dec 2016 14:36

The Turkish lira climbed against the US dollar today, easing the pressure on the nation's central bank to act in defense of the currency and its inflation goal.

Commodity Blog

Orange Juice Slides on Reports of Solution to Citrus Greening

Tue, 6 Dec 2016 18:08

Orange juice futures tumbled on Tuesday on reports that there may be a solution on the way to save Florida's...

Oil Backs Off from Highs, Stays Above $50 Level

Mon, 5 Dec 2016 21:15

Price for crude oil backed off today but not before reaching the highest level in more than a year. Futures still hang above the $50...

Gold Hovers Around 10-Month Low as Yellow Metal Dips Nearly 1%

Mon, 5 Dec 2016 18:10

Gold was unable to take advantage of the political uncertainty in Europe as the yellow metal dipped close to 1% and is flirting with its lowest level since...

Forex Video Zone

What Is Nash Equilibrium?

Tue, 6 Dec 2016 15:24

Nash Equilibrium is a concept of game theory where the optimal outcome of a game is one, where no player has an incentive to deviate from his or her chosen strategy after considering an opponent's choice. Overall, an individual can receive no incremental benefit from changing actions, assuming other players remain constant in their strategies. A game may have multiple Nash Equilibria or none at all. This concept is...

OPEC Deal Still Arouses Doubts

Tue, 6 Dec 2016 14:34

Agreement between OPEC member countries and some other crude exporters to curb oil production still raises doubts. Such sentiment capped crude price upside. On Monday, the Brent benchmark breached the 16-month high of $55 a barrel, but is seen well below the peak today. In early European session, the Brent price traded sideways near the mark of $54.59 a barrel. Analysts expect the price to drop to $54.30. The Texas Light Sweet...

EUR/USD Rises Shrugging off Italian Referendum

Tue, 6 Dec 2016 12:25

Traders honed in on the euro by the end of the trading day on Monday after Italy's prime minister conceded defeat in a referendum held on December 4th and said he would resign. The EUR/USD pair hit the daily low at 1.0540. By the end of the trading day, the single European currency rose against the US dollar to the mark of 1.0738. Currency strategists expect the pair to keep falling ahead of the European Central Bank monetary meeting. The eurozone's economic...