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

  • Antonio Dupez from Spain writes about LQDFX:

    The very beginning was promising, but when it came to the most important aspect (I mean withdrawal) they occurred to be not really good guys. I am trying to withdraw my cash for about 3 weeks already and I am starting to lose my confidence about it. ...

  • Saleh from Malaysia writes about SuperForex:

    SuperForex is among the best broker so far where I experienced my trade since 2016 with this broker and overall I am happy with it. This due of it low spread on Eur/Usd and the execution of taking order is great. Morever, the withdrawal is quite fast...

  • Raihanfx from indonesia writes about SuperForex:

    At first I hesitated to want to trade at this broker. For that, I tried it by using the no deposit bonus first. After I try, it turns out this broker is very good too. The execution is fast and no requote is perfect for me who likes to do scalping.

    ...

  • Jay Seran from Thailand writes about FreshForex:

    I am trading with this broker for a long time. It provides all the facilities to their clients like no transaction fees, easy money withdrawal, 101% deposit bonus, lower spread and also many more which are very much needed to a trader in his trading....

Forex Blog

EUR/USD Rallies After Mixed Data, FOMC Minutes

Wed, 22 Nov 2017 20:19

EUR/USD rallied following the release of US durable goods orders today and continued to move up ever since. Not all reports in the United States were bad, but that did not prevent the currency pair from rallying. FOMC minutes did little to stop the rally despite mentioning another interest...

Will Jerome Powell Continue Yellen's Policy or Start a Revolution?

Mon, 20 Nov 2017 17:01

Jerome Powell was nominated for the position of the US Federal Reserve Chair on November 2. His appointment is still to be approved by the Senate, but there is little doubt that Powell will be the one who takes the most powerful office in the financial industry on February 1. Trump's picking Powell...

EUR/USD Volatile amid German Political Turmoil

Mon, 20 Nov 2017 16:30

EUR/USD fell intraday amid news that talks about forming a coalition government in Germany failed. The currency pair bounced later to traded at the opening level. But as of now, EUR/USD retreated yet again, though not as low as during the previous drop. This week's economic calendar is relatively light on releases...

Forex News

Dollar Stabilizes After Wednesday's Sell-Off

Dollar Stabilizes After Wednesday's Sell-Off

Thu, 23 Nov 2017 18:33

The US dollar stabilized after yesterday's sell-off caused by mixed macroeconomic reports and minutes of the October-November policy meeting of the Federal Open Market Committee.

Euro Lifted by Positive Data During Thursday's Trading

Euro Lifted by Positive Data During Thursday's Trading

Thu, 23 Nov 2017 17:18

The euro rallied today thanks to the very positive macroeconomic reports released during the current trading session. The accounts of the monetary policy meeting released by the European Central Bank had no material impact on the markets, though they contained some interesting information.

Canadian Dollar Declines Against US Dollar on Weak Retail Sales

Canadian Dollar Declines Against US Dollar on Weak Retail Sales

Thu, 23 Nov 2017 15:41

The Canadian dollar today declined against its US counterpart after the release of weak Canadian retail sales data in the early American session. The Canadian dollar was slightly stronger against the US dollar earlier in today's session as the USD/CAD currency pair extended yesterday's decline following the dovish FOMC minutes.

Commodity Blog

Copper Gains, Boosted by Weak Dollar

Thu, 23 Nov 2017 18:53

Copper, as well as other metals, gained support from the weakness of the US dollar. Unlike most precious metals, though, the industrial metal managed to actually...

Precious Metals Decline, Weak Dollar Limits Losses

Thu, 23 Nov 2017 18:02

Precious metals fell today, but the weakness of the US dollar limited the drop. The greenback fell yesterday due to mixed economic data and minutes of the Federal Reserve...

Sugar Futures Rally on US Thanksgiving Holiday, Surge 2%

Thu, 23 Nov 2017 17:39

Sugar prices are trading higher as US markets are closed for the Thanksgiving holiday. The white commodity rallied as high as 3% on Thursday before paring some...

Forex Video Zone

All Factors Favor Euro’s Rise

Thu, 23 Nov 2017 14:17

Today, the euro benefits from weakness of the US dollar, just like other currencies. However, the greenback's fall is not the only driver for a rise in the most traded currency pair. Macroeconomic reports from the eurozone have boosted demand for the single european currency. First of all, let us pay attention to the statistics from Germany. The largest European economy has demonstrated good results. According to official data, the GDP grew by 0.8%...

USD to Sag on Thanksgiving Day

Thu, 23 Nov 2017 13:59

US markets are ckosed today for the Thanksgiving holiday. Ahead of the holiday, trading was quite robust as market participants were keen to sort out positions before the closing bell on US trading floors. Interestingly, the USD/JPY pair shed over 100 pips. The pair closed the Asian trade next to 111.00. The US dollar tumbled due to a falling yield curve of US Treasuries. Besides, rumors are flying in the market that the Bank...

GBP Traders Take Advantage of Weak USD

Thu, 23 Nov 2017 13:34

During this trading week, the British pound attracts the attention of the investors, as everyday the UK releases important data that can influence the movement of the GBP/USD pair. First of all, traders analyze the Parliamentary Committee hearings of inflation reports that pointed to the possible acceleration of consumer prices growth in the fourth quarter. Investors were also encouraged by the autumn report on the UK budget. The growth of the GBP/USD pair was supported by a decline of the US currency. The pair...