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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Yen Declines as Investors Buy Assets Abroad
Fri, 22 Aug 2008 06:58
The Japanese yen fell from its more than two weeks maximum against the U.S. dollar today as the Japanese investors sought to buy foreign assets after their currency advanced so much yesterday.
Dollar Goes Down on Credit Market Losses
Thu, 21 Aug 2008 07:50
The U.S. dollar declined at a fastest pace in a month against the Japanese currency today as the credit market losses extended and the Federal Reserve probably won’t be able to raise the rates by the year’s end.
Pound Fell vs. USD, Euro before BoE Minutes
Wed, 20 Aug 2008 08:58
The Great Britain pound traded lower before the Bank of England’s release of the monetary policy minutes today. After the release, pound continued to slide down against both the greenback and the euro.
Pound Falls Against Dollar and Euro
Tue, 19 Aug 2008 07:50
The Great Britain pound fell almost to its recent 2-year low against the U.S. dollar today as the member of the Bank of England monetary policy committee forecasted that the inflation will become less of a problem by the end of 2009.
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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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