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. You
can also join a friendly Forex traders community at my Forex Forum.
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Latest Forex News
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Canadian Dollar Rises as Oil Shows Strength
Mon, 05 Jan 2009 17:58
The Canadian dollar rose against the 3 other major currencies today, completely reversing the daily trend, as the oil and commodity markets become more attractive after the holidays.
Dollar Declines on Oil Shortage Expectations
Tue, 30 Dec 2008 07:45
The U.S. dollar began today’s trading session with a rather strong decline against the euro, after posting a significant gain yesterday, as the investors expect the oil prices to surge on the Middle East conflict.
Dollar Falls on Fears That Recession Deepens
Mon, 29 Dec 2008 09:06
The U.S. dollar declined today against the other major currencies and especially against the euro as the traders expect weak macroeconomic reports to continue coming out from the United States, showing that the world’s biggest economy is in the worst situation of all the developed countries.
Russia’s Ruble Hits New Bottoms
Fri, 26 Dec 2008 10:11
The Russian ruble declined to the new record low level against the euro and the 2-year low against the U.S. dollar today as the country’s central bank allowed further depreciation of the ruble to stimulate the exporters.
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Latest Glossary Entries
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Standard Lot — 100,000 units of the base currency of the currency pair, which you are buying or selling.
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Swap — overnight payment for holding your position. Since you are not physically receiving the currency you buy, your broker should pay you the interest rate difference between the two currencies of the pair. It can be negative or positive.
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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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can contact me using this contact form.
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