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

Pound Declines Against US Dollar on Weak UK Retail Sales Data

Pound Declines Against US Dollar on Weak UK Retail Sales Data

Fri, 19 Jan 2018 14:13

The British pound today declined against the US dollar after the release of weak UK retail sales data for December. The pound initially fell after the retail sales report before rallying higher to new post-Brexit highs after which a downtrend ensued.

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.

Commodity Blog

Natural Gas Prices Flat Amid Smaller-Than-Expected Drop

Fri, 19 Jan 2018 15:32

Natural gas futures are trading relatively flat one day after the US government reported a smaller-than-expected decline in domestic supplies. Natural gas...

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...

Forex Video Zone

Baker Hughes Report may Trigger Oil Growth

Fri, 19 Jan 2018 14:25

Data from the US Department of Energy failed to trigger oil rally, as investors remain concerned over crude supply glut in the market. Despite a drawdown of 6 million 871 thousand barrels in the US oil stockpiles in a week, crude production in the country continues to expand, showing an increase to 9 million 760 thousand barrels a day. This data pushed the price of Light Sweet Crude Oil below $63 a barrel. However, later...

USD/JPY and AUD/USD Forecast — January 19th 2018

Fri, 19 Jan 2018 14:04

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the January 19th session. USD/JPY — As you can see, this pair did pull back a little bit during the day on Thursday forming a bit of a hammer. I think it is pretty straightforward. If we break above the highs, we will probably continue to grind higher. Grind is the big thing, it is really...

EUR/USD and GBP/USD Forecast — January 19th 2018

Fri, 19 Jan 2018 14:02

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the January 19th session. EUR/USD — We have rolled over in to the 19th. The candle on Thursdsay has been bullish. I think at this point, we are looking at possibly a bullish flag. It does not really matter. This is a buy only market. So, if we pullback, I will look at it as value with 1.21 being the beginning...