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. 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.

Getting into Forex trading is easy:

1. Start with our free Forex course.
2. Open an account with a broker.
3. Learn from other traders at the forum.

Latest in Forex

Forex Blog

EUR/USD Soars Despite Positive US Data

Thu, 19 Jul 2018 19:29

EUR/USD was on the rise today during the New York trading session despite the fact that the US macroeconomic indicators came out pretty good this time. Philadelphia Fed manufacturing index rose from 19.9 to 25.7 in July, coming out better than 21.6 expected by market participants....

EUR/USD Declines, Recovers on US Housing Data

Wed, 18 Jul 2018 14:52

The US dollar had been winning against the single European currency during the late London and early New York trading sessions today before the poor US real estate statistics indicators made euro jump up. EUR/USD has not yet recovered all of its early losses but is...

EUR/USD Declines Ignoring Mixed US Reports

Tue, 17 Jul 2018 20:30

The euro was falling against the US dollar during the bigger part of both the European and the American trading sessions. It ignored the US fundamentals but came to a halt after 16:00 GMT, entering a consolidation phase. Industrial production and capacity utilization both increased in May. Industrial production added 0.6% after declining...

Forex News

Switzerland ‘Can Live With’ Franc Being Overvalued Against the Euro

Switzerland ‘Can Live With’ Franc Being Overvalued Against the Euro

Thu, 19 Jul 2018 15:55

The Swiss franc is overvalued compared to the euro, but the nation and its businesses “can live with” the current exchange rate, says Ueli Maurer, Switzerland’s Finance Minister. The Swiss franc, which has gained more than 5% against the euro over the last 12 months, is dipping on Thursday after his remarks.

British Pound Hits 10-Month Lows on Disappointing UK Retail Sales

British Pound Hits 10-Month Lows on Disappointing UK Retail Sales

Thu, 19 Jul 2018 11:48

The British pound today dropped to new 10-month lows following the release of disappointing UK retail sales data for June. The GBP/USD currency pair extended its losing streak for the third consecutive day even as investors ditched the pound on Brexit jitters amid recent weak economic releases.

Bullish Jerome Powell Congressional Testimony Sends Canadian Dollar Lower

Bullish Jerome Powell Congressional Testimony Sends Canadian Dollar Lower

Wed, 18 Jul 2018 16:12

The Canadian dollar is trading lower midweek as the head of the US central bank wrapped up his semi-annual testimony on Capitol Hill on Wednesday and investors eye the latest US economic data.

Commodity Blog

Natural Gas Tries to Find Direction After Smaller-Than-Expected Jump in Supplies

Thu, 19 Jul 2018 15:08

Natural gas futures are trying to find direction on Thursday after the US government reported a smaller-than-expected increase in domestic stockpiles. Natural gas prices...

Soybeans Trying to Rebound From 2018 Lows on USDA Crop Ratings

Wed, 18 Jul 2018 15:11

Soybean futures are trading lower for the first time this week as the agricultural commodity tries to continue its rebound from its 2018 lows. Soybean...

Copper Adds to Losses Amid Slowing Chinese Growth

Tue, 17 Jul 2018 16:10

Copper futures are adding to their losses on Tuesday after disappointing second quarter economic data from China. Despite low inventories and technical support,...

Forex Video Zone

Forex Simplified — What Is Forex?

Thu, 19 Jul 2018 14:37

The term forex is short for foreign exchange market. Forex market is the place where different currencies are continually exchanged by millions of people all over the world. Tourists travel from one country to another must exchange their currencies to pay for local products or services. A stack of US dollars would be totally useless to an American tourist hoping to see the sights in London. They would have to exchange their dollars...

Traders Opt for Selling GBP and EUR

Thu, 19 Jul 2018 14:07

After hitting the 10-month low yesterday, the British currency continues sliding. Expectations that the Bank of England will tighten the monetary policy are weakening with every passing day. In addition to economic reports from the UK, showing that the wages growth slowed down and the inflation remained unchanged, another portion of downbeat news was published today. Investors learnt that the retail sales volume decreased by 0.5%...

Bitcoin Forecast — July 19th 2018

Thu, 19 Jul 2018 11:45

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the June 19th session. Bitcoin/USD — As you can see, bitcoin has rallied again a little bit during the day here on Wednesday, testing the 7,600 level. There is a lot of supply here and we are starting to form a bit of a shooting star. So, what I suspect the next move is, a drop down to 6,800. This area...