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 (as of April 2016). 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 start learning to trade by going through our free Forex course. You can also join a friendly community of traders at the Forex forum.

Latest in Forex

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  • John writes about Forex Optimum:

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  • Bradley from UK writes about LQDFX:

    Never had any difficulties with this broker, support is fast, issues are dealt quickly, overall good service.

    From trading point of view - the platform's performance is not bad at all, spreads are really tight and execution is fast, which appears as...

Forex Blog

EUR/USD Attempts to Resume Rally

Fri, 28 Jul 2017 15:23

EUR/USD rose today, attempting to resume its rally after yesterday's drop. While today's US GDP report looked good, some inflation readings were disappointing. And that is coming after just recently the Federal Reserve voiced concern about sluggish inflation. Additionally, another failure to repeal ...

EUR/USD Backs Off from Multi-Year High

Thu, 27 Jul 2017 14:05

EUR/USD retreated today following yesterday's rally but not before reaching the highest level since January 2015. Now, traders wait for US gross domestic product due to release tomorrow. The big increase of durable goods orders reported today gave hope to dollar bulls that GDP may be...

EUR/USD Jumps to Highest Since 2015 After FOMC

Wed, 26 Jul 2017 19:49

EUR/USD rallied today, jumping to the highest level since January 2015, after the Federal Open Market Committee concluded its two-day meeting. The Committee did not deliver any big surprise, and market participants felt that the policy statement was not hawkish enough for the dollar to reverse its bearish...

Forex News

Canadian Dollar Rallies Against US Dollar on Positive GDP Data

Canadian Dollar Rallies Against US Dollar on Positive GDP Data

Fri, 28 Jul 2017 16:10

The Canadian dollar today rallied against its US counterpart after the release of positive Canadian GDP growth data for the month of May by Statistics Canada. The US Bureau of Economic Analysis also released the US GDP growth estimate for the second quarter, which disappointed, causing the US dollar to weaken against the Canadian dollar.

Czech Koruna Gains on Monetary Policy Outlook

Czech Koruna Gains on Monetary Policy Outlook

Fri, 28 Jul 2017 13:31

The Czech koruna (sometimes also called the Czech crown) gained against the US dollar today amid expectations of monetary tightening from the nation's central bank.

Euro Rallies Against US Dollar on Positive German CPI Data

Euro Rallies Against US Dollar on Positive German CPI Data

Fri, 28 Jul 2017 13:29

The euro today rallied higher against the US dollar after the release of positive German CPI data by the Federal Statistical Office, which beat expectations. The euro later rallied higher against the weaker US dollar after the release of weak US GDP data for the second quarter by the Bureau of Economic Analysis.

Commodity Blog

Bitcoin Rallying Ahead of the Super Fork, High Volume Expected Coming into the Weekend, Further News on Community Split

Fri, 28 Jul 2017 14:11

Bitcoin has begun rallying as of late, after hitting a new weekly Bitstamp low of $2,400, just two days prior on July 26 (GMT 15:00)....

Orange Juice Futures Surge on Dwindling US Reserves

Thu, 27 Jul 2017 16:54

Orange juice prices are climbing higher on Thursday as the US government reported a decline in reserves. Many traders are expecting this to give a boost to orange...

Gold & Silver Profit from Dovish FOMC Statement

Wed, 26 Jul 2017 21:53

Gold and silver rallied today following the release of policy statement from the Federal Open Market Committee, which traders considered to be relatively dovish....

Forex Video Zone

Gold Forecast — July 28th 2017

Fri, 28 Jul 2017 15:40

In this video, the Trader Guy looks at the commodity Gold for the July 28th session. Gold — Looking at the daily chart, it shows you where we are at, in the big scheme of things. We are just above the middle point of a massive consolidation. We went back and forth, as Wall Street was out of control during Thursday's trading. There was a large NASDAQ 100 short positions came online and it...

GBP/USD Stands Below a Strong Resistance — Forecast — July 28th 2017

Fri, 28 Jul 2017 15:04

In this video, the Trading Central looks at the currency pair AUD/USD for the July 28th session. GBP/USD — Looking at the intraday 30-min chart, the pair remains below the strong horizontal resistance at 1.31. It remains capped by the declining 50-period Moving Average, in blue. Further weakness is also expected below the strong horizontal resistance towards the yesterday's bottom at 1.3055 and then the horizontal support at 1.3030. [video]rBxoZZlI9QA[/video]...

Oil Ends this Week in Positive Territory

Fri, 28 Jul 2017 14:53

This week provided a lot of welcome surprises to many traders, and oil buyers were the luckiest ones. The positive investor sentiment prevails on the commodity market. Oil prices end the trading session with hefty gains. The Brent Crude Benchmark is trading near the level of $51.50 per barrel. Oil appreciated amid the information about a decrease in the US Crude Oil inventories. However, today's report from Baker Hughes may indicate...