Forex Trading Information
FOREX — the foreign exchange (currency or forex, or FX) market is the
and the most liquid financial market with the daily volume of more than $3.2 trillion.
Trading on this market involves buying and selling world currencies taking
the profit from the exchange rates difference. Forex trading can yield high profits,
but it is also very risky. Everyone can participate in Forex trading via the Forex
brokers.
Don’t forget to check and bookmark my Forex blog to get
the latest updates about Forex market and this site’s content.
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Latest Forex News
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NZD Risks Falling Low against Yen
Fri, 04 Jul 2008 07:51
According to the analysts from Citigroup Global Markets Inc., the New Zealand dollar may experience the lowest value against the Japanese yen in more than 10 month if it closes below the current triangle pattern support line.
Bank Indonesia Raises Borrowing Costs
Thu, 03 Jul 2008 09:01
The Bank Indonesia increased the interest rates today for its third meeting in a row to efficiently fight the accelerating inflation caused by the growing food and oil prices.
Dollar at 2-Month Minimum versus Euro
Wed, 02 Jul 2008 08:34
The U.S. dollar reached its lowest value against the European currency in more than two months today as the traders are waiting ADP report on the June jobs dynamics and expect it to show a first decline in four months.
Yen Shows Growth on Moody’s Rating
Mon, 30 Jun 2008 09:13
The Japanese yen showed some really strong growth against the other Forex most-traded currencies today as the investors favored the Moody’s upgrade of the Japan’s yen debt rating.
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Latest Glossary Entries
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Leading Indicators — a composite index (year 1992 = 100%) of ten most important macroeconomic indicators that predicts future (6-9 months) economic activity.
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GDP (Gross Domestic Product) — is a measure of the national income and output for the country's economy; it's one of the most important Forex indicators.
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Momentum — the measure of the currency's ability to move in the given direction.
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