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

EUR/USD Reverses Losses, Boosted by Weak Manufacturing Index

Thu, 21 Jun 2018 14:49

EUR/USD was falling during the current trading session but managed to reverse its losses. The rebound gained momentum after the Philadelphia Fed reported that its manufacturing index fell this month much more than was expected. The US leading indicators also provided an unpleasant surprise, and unemployment claims...

EUR/USD Recovers After Diving Intraday

Wed, 20 Jun 2018 15:48

EUR/USD fell intraday during the current trading session but managed to bounce by now. The currency pair was under influence of various factors, including US tariffs and planned retaliation to them from the European Union, the speech of European Central Bank President Mario Draghi, and the positive surprise from the German ...

E-Book Review: Locked-in Range Analysis

Tue, 19 Jun 2018 15:06

Locked-in Range Analysis: Why most traders must lose money in the futures market (Forex) is the name of the e-book by Tom Leksey. It teaches the Locked-in Range Analysis (LRA) method developed by the author. The book is available for free download in two languages — English and Russian. The e-book was...

Forex News

Canadian Dollar Soft, Recovers vs. US Dollar

Canadian Dollar Soft, Recovers vs. US Dollar

Thu, 21 Jun 2018 19:04

The Canadian dollar fell against other most-traded currencies today, though managed to recover versus the US dollar by now. The currency was under pressure from a range of negative factors, including falling prices for crude oil, trade tensions with the United States, and underwhelming domestic macroeconomic data.

Swiss Franc Firm, Undisturbed by Dovish SNB

Swiss Franc Firm, Undisturbed by Dovish SNB

Thu, 21 Jun 2018 16:44

The Swiss franc gained on most other major currencies, with the exception of the Great Britain pound, which got a boost from the relatively hawkish stance of the Bank of England. The outlook expressed by Switzerland's own central bank was far less optimistic, but that did not prevent the Swissie from rising.

NZ Dollar Falls As New Zealand Economic Growth Slows

NZ Dollar Falls As New Zealand Economic Growth Slows

Thu, 21 Jun 2018 16:23

The New Zealand dollar fell today after a report showed that the New Zealand economic growth slowed last quarter. The currency managed to trim losses by now, erasing them against the US dollar entirely.

Commodity Blog

Prices for Brent Crude Fall amid OPEC Production Increase Speculations

Thu, 21 Jun 2018 19:39

Futures for Brent crude oil declined today amid speculations that the Organization of Petroleum Exporting Countries and its allies will increase production. West...

Gold Slips Despite Weaker Dollar

Thu, 21 Jun 2018 19:19

Gold prices have slipped further today, holding at six-month low prices. Despite a stock market and dollar index dip, which would...

Natural Gas Futures Pare Impressive Gains After EIA Report

Thu, 21 Jun 2018 16:47

During the early part of the Thursday trading session, natural gas prices climbed above the crucial $3 threshold. After the US government released its weekly...

Forex Video Zone

GBP Buyers Absorb Results of BOE Policy Meeting

GBP Buyers Absorb Results of BOE Policy Meeting

Thu, 21 Jun 2018 17:16

Today, the British pound is quite popular with investors. Market participants were keen to learn the results of the Bank of England's monetary policy meeting. Remarkably, traders were sure that the interest rate will remain unchanged at 050%. But the most interesting part of the meeting was the result of the vote on the monetary policy stance. The number of the officials who called for a rate hike rose. This time, three out of nine...

Bitcoin Forecast — June 21st 2018

Bitcoin Forecast — June 21st 2018

Thu, 21 Jun 2018 15:12

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the June 21st session. Bitcoin/USD — As you can see bitcoin has initially pulled back during the day, but then turned around to form a bit of a hammer. It is a positive looking candle. I think at this point, what we are looking at is an area of support at the bottom of overall consolidation area on long-term charts. We...

Jerome Powell Boosts US Dollar

Jerome Powell Boosts US Dollar

Thu, 21 Jun 2018 14:53

On Wednesday, the US dollar index was holding near highs after the speech delivered by Fed Chair Jerome Powell. At the ECB Forum on Central Banking in Portugal, the Federal Reserve Chairperson pointed to a sharp increase in the American economy. The US labor market shows a very strong condition with the unemployment rate being at the lowest mark since 2000. Given the inflation dynamics, Powell also stated the necessity to hike...