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

  • Lucas Nilsson from Sweden writes about Admiral Markets:

    Admiral Markets are great in their attempt to broaden the knowledge of their traders. The ultimate website and platform to polish your trading skills.

  • kostyku writes about FreshForex:

    This broker does not put sand into machine at all. I can easily earn money using exchange rate fluctuations. Comissions are ok, no terminal delays. I can reccomend this broker for intraday trading or for exacting trading strategies.

  • Jude from Germany writes about Trade12:

    I registered my account with Trade12 Monday last week. By Friday I requested for my first withdrawal and it was confirmed within the day. This morning the amount was reflected to my account so I can't really complain about their withdrawal. Support-w...

  • RASHID from Pakistan writes about EXNESS:

    Dont go with 3.5 rating , u see any tom di** and harry can register and put review , I hope u get the idea what i m saying, (AT the end i mentioned some really good advice for newbie traders)

    Exness broker are very clever so my advice to newbies and...

Forex Blog

EUR/USD Declines Through the Day, Recovers After US Fundamentals

Thu, 17 Aug 2017 16:12

The euro was in a downtrend versus the US dollar for the first half of the trading session today. It stalled after the New York session opening and entered a recovery uptrend as the US industrial production report disappointed the USD bulls. Initial jobless claims fell from 244k to 232k during the week ending August ...

EUR/USD Falls Before US Data, Soars on FOMC Minutes

Wed, 16 Aug 2017 18:44

EUR/USD had fallen today even before any meaningful economic data was released anywhere in Europe or the United States. It continued to fall even as the US reports came out without any good surprises for the dollar bulls. However, the currency pair rallied later following the release of the July FOMC meeting...

EUR/USD Recovers Despite Good US Data

Tue, 15 Aug 2017 20:24

After having fallen upon the release of the first batch of the US macroeconomic indicators, EUR/USD was rather quick to recover despite the lack of some meaning fundamental drivers. The currency pair then stalled not too far from the daily open level. US export and import prices rose by 0.4% and 0.1% respectively...

Forex News

Canadian Dollar Climbs Against British Pound on Improved Inflation in July

Canadian Dollar Climbs Against British Pound on Improved Inflation in July

Fri, 18 Aug 2017 17:21

The Canadian dollar surged against the British pound and the US dollar on Friday in the wake of a fresh reading for Canadian inflation, which showed that it had improved in July from a year earlier. The Canadian currency also rose against the US dollar and other major peers as investors became more optimistic that the Bank of Canada may increase its interest rates soon.

US Dollar Weakens Against Euro Despite Positive Consumer Confidence Data

US Dollar Weakens Against Euro Despite Positive Consumer Confidence Data

Fri, 18 Aug 2017 16:46

The US dollar today weakened against its main trading partner, the euro, despite positive consumer confidence data as tracked by the University of Michigan. The US dollar was depressed against the euro largely due to the uncertainty emanating from the White House as due to President Donald Trump's recent comments.

US Dollar Gives up Early Gains as Political Woes Remain in Play

US Dollar Gives up Early Gains as Political Woes Remain in Play

Thu, 17 Aug 2017 18:00

The US dollar rose against the euro and other major currencies on Thursday, even after giving up some of the gains it made earlier today. A smaller drop than expected in manufacturing activity in Philadelphia and a low number of jobless claims supported the greenback.

Commodity Blog

Gold Hovering Around $1,300 Level, Posts Weekly Gain

Fri, 18 Aug 2017 16:57

Gold futures topped $1,300 in the morning part of Friday’s trading session before paring those early gains. The yellow metal has been hovering around...

Weak Demand, Stronger US Dollar Send Coffee Futures Lower

Thu, 17 Aug 2017 17:00

Coffee futures are trading lower on Thursday amid a strengthening US dollar and weaker demand for the commodity. Coffee prices are at multi-week lows, and many...

Copper Futures Surge 3% amid China Restrictions

Wed, 16 Aug 2017 17:02

Copper prices are soaring midweek as restrictions have been placed on refiners in China. The red metal has been bolstered by the Chinese government’s crackdown on polluters,...

Forex Video Zone

What Prevents Oil from Gaining Bullish Momentum?

Fri, 18 Aug 2017 15:48

Oil prices inch lower at the end of this trading week. The Brent Crude Benchmark closed the European session near the level of $51 per barrel. Analysts are quite cautious about predicting the price movements, but tend to anticipate that bears will return to the market. At the same time, the Brent futures curve entered the backwardisation zone for the first time in a long time. It means that futures with a shorter expiration term...

WTI Crude Oil and Natural Gas Forecast — August 18th 2017

Fri, 18 Aug 2017 13:26

In this video, the Trader Guy looks at commodities Crude Oil and Natural Gas for the August 18th session. WTI Crude Oil —We fell a bit and then turned around to form a hammer candlestick. Now I think that a break above the top of the hammer is a bullish sign. We have the Baker Hughes rig count coming out today out of US. It will give us an idea of how much the market will...

USD/JPY and AUD/USD Forecast — August 18th 2017

Fri, 18 Aug 2017 13:24

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the August 18th session. USD/JPY — As you can see, we fell a bit during the day, bounced and fell again. There was a lot of risk-off trading during the day. Right now, I just see this consolidation and we have a overall larger consolidation area. If we can get some stability here, I think we probably will,...