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

Forex Blog

US Fundamentals Support Short-Lived EUR/USD Rally

Thu, 18 Jan 2018 16:54

The US dollar had been falling against the euro throughout today's trading session, but it had stopped its descent just before the New York trading session began. The rally in the EUR/USD currency pair was reignited by the release of the scheduled US macroeconomic statistics. US housing starts and building permits...

EUR/USD Rises and Falls, Ignores US Macros

Wed, 17 Jan 2018 21:30

The euro was on the rise against the US dollar during the first half of the New York trading session but declined afterwards. The currency pair paid little attention to the macroeconomic data that was released in the United States today. Industrial production increased by 0.9% in December after 0.1% decline in November (revised negatively...

E-Book Review: Forex Exchange Training Manual by Lehman Brothers

Tue, 16 Jan 2018 15:46

Lehman Brothers was a titan of financial trading before going bankrupt in September 2008. In March 2010, Anton R. Valukas and his law firm Jenner & Block produced a 2200-page report on the company. It was used in the bankruptcy court hearings. Consequently, the report has been made public. Yesterday,...

Forex News

Euro Consolidates Gains Against US Dollar on Mixed US Data

Euro Consolidates Gains Against US Dollar on Mixed US Data

Thu, 18 Jan 2018 15:13

The euro today consolidated gains made against the US dollar after the release of mixed data from the US docket in the early North American session. The euro declined against the greenback during the Asian session but reversed this trend in the early European session to rally higher.

Euro Trades Lower on ECB Jawboning and Positive Eurozone Data

Euro Trades Lower on ECB Jawboning and Positive Eurozone Data

Wed, 17 Jan 2018 14:39

The euro today traded at new lows against the US dollar after members of European Central Bank issued warnings regarding the euro's exchange rate. The single currency largely ignored the positive Eurozone inflation data released in the early European session.

US Dollar Rises Against Euro on Higher Expectations That ECB Will Maintain Stimulus

US Dollar Rises Against Euro on Higher Expectations That ECB Will Maintain Stimulus

Tue, 16 Jan 2018 15:46

The US dollar took a minor step away from the lowest level in three years against the euro following modest gains on Tuesday amid expectations that monetary stimulus in Europe will be maintained. The greenback also rose against the British pound as it largely ignored a report that revealed weaker manufacturing activity in the New York region.

Commodity Blog

US Crude Struggles to Stay Above $64 on New EIA Oil Report

Thu, 18 Jan 2018 17:33

Oil futures are trading relatively flat following the release of the new US government report. US crude is struggling to ...

Orange Juice Futures Slide Despite Frosty Weather

Wed, 17 Jan 2018 17:55

Orange juice futures are trading lower despite frosty temperatures impacting many parts of the US. Citrus prices fell as much as 1% midweek even...

Bitcoin Nearly Breaks Below the $10,000 Mark on Escalating Concerns of Regulations

Wed, 17 Jan 2018 13:16

The price of Bitcoin plunged to the lowest level since early December 2017 on Wednesday, as a result of growing fears that a number of countries may crack down on cryptocurrencies...

Forex Video Zone

Bitcoin Forecast — January 18th 2018

Thu, 18 Jan 2018 17:13

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the January 18th session. Bitcoin/USD — As you can see, we have sold off rather drastically. One thing that is interesting though, that is the $10,000 level is essentially the 50% Fibonacci retracement level, and it has offered support to form a hammer. That is a positive sign. If we break above...

EUR Rises Against USD during European Session

Thu, 18 Jan 2018 16:27

The euro gained ground against the US dollar during the European trading session. The EUR/USD pair reached the level of 1.23, hitting the 3-year high. After that, the pair consolidated. Yesterday, it was reported that the global economic growth accelerated. Consequently, some experts suggested that most central banks will likely reconsider their plans for normalization of monetary policy stances, and changes are likely to take place in the near...

Oil Grows amid API Report

Thu, 18 Jan 2018 16:02

Oil resumed growth after the publication of the report from the American Petroleum Institute. According to the API data, the US oil stockpiles decreased by 5 million 121 thousand barrels in a week. Now, market participants are waiting for government numbers from the Department of Energy that can confirm optimistic forecasts. As a result, Light Sweet Crude Oil rebounded from the level of $63.40 a barrel. Now, WTI is trading...