How to Be a PRO in Foreign Currency Trading

One of the most powerful market movers in Forex is when the Federal Open Market Committee (FOMC) makes decisions on interest rates. The FOMC sets the discount rate or federal funds rate. The interest rates are set higher to produce foreign investment and fight inflation during times of prosperity and to lower spending during recessions. This makes it one of the main... Read More

Things continue to look grim for the once-mighty American greenback as it continues its slide against the euro and other world currencies in online forex trading. Forex trading software is tracking the dips and slides the dollar is making around the world. According to an article posted today (12/27) on the Bloomberg.com website, "The dollar may extend its drop against the... Read More

The US dollar continues to be pummelled in online forex trading and this week was no exception, though there were bright spots here and there as the greenback held its own against certain currencies. Adding to the volatility of the mix was the reaction of offshore forex traders, who had mixed reactions to the Fed's lowering of a key interest rate. In the US, this rate cut... Read More

Learn how to use this Forex indicator which allows you to visually put lines where your audio alerts are. This could be a very helpful Forex Trading tool.

The 1-2-3 Up/Down price patterns in the futures and forex markets are the easiest to spot in a trending move. For the most part these are low risk trades. The Bull Flag in futures and forex markets can make you a lot of money!

Online forex trading has no physical address like the traditional stock exchanges. One day of online forex trading will have about 2 trillion dollars as traders buy and sell currencies and this might scare some people. Online Forex trading may sound more complicated that it actually is. Forex currency trading system is the simple process of using the national currency of... Read More

If you're doing any online forex trading, you know that it's important to track the value of the world's major currencies against the dollar. Historically, the British Pound Sterling and the Swiss Franc are among the most important world currencies. A website called FXstreet.com tracks the value of various of the world's currencies for investors and brokers involved in... Read More