What is Forex? | We have 469 free forex articles/answers for you.
Latest Articles
A Look at Forex Market MakersThe investor in the currency market takes for granted that a pair of currencies can be bought or sold at a moment’s notice. Once an order is placed with a broker, the trade is executed within seconds. It is, of course, not as easy as that. Whenever...
Forex Trading Information: Beware of Frauds
You may have been solicited to trade "foreign exchange contracts" or "forex". For new traders this forex trading information is critical in starting off your trading career on a clean slate. Frauds are infiltrating the forex trading grounds...
Quality Forex Education Resources
Forex education is available for those interested in learning to trade foreign currencies. An individual can learn forex trading on select forex websites and from downloadable software. Books, CDs and traditional software packages are available on...
Discover Forex Futures Trading
The FOREX, FX or foreign exchange market is the place where currencies from one country are traded for the currency of another country. Forex futures trading accounts for a very small percentage of the trillions of dollars that are traded in the forex market on a daily basis.
Forex trading strategy involves buying currency whose exchange rate will increase, while simultaneously trading out or selling a less valuable currency. Forex futures trading strategy is basically the same. The difference is that an investor may choose to contract to buy or sell a specific currency at a specific price on a future date.
If you are interested in forex trading, you are probably not actually interested in forex futures trading. Not many people do it and there is no fundamental difference between forex futures and the traditional futures market, but forex trading has quite a few advantages over the traditional futures market.
First and most important for many people is that forex trading platforms are available through websites 24 hours a day; there is no central exchange as there is in the futures market. Forex trading is commission free trading. There are no National Futures Association Fees.
Forex trading offers higher liquidity and price certainty since getting in and out of positions tends to happen with lightning speed. The price quoted for a futures contract, on the other hand, is not necessarily the price for which the contract will be filled.
By using forex trading online platforms,
the investor can see real time prices and exchange rates. There also tends to be a controllable amount of risk with forex trading; the required margin amount can never exceed the dollar value of an account. Forex trading strategy is also quite different from futures market investing and desired results -- other than making money of course -- are different.
Before beginning to trade, education is important, devising a forex strategy and what you need from that strategy is important, and choosing a broker or website trading platform and deciding what you need from them is also important. As previously alluded to, there are no commissions charged by forex brokers. Forex brokers make their money on the “spread”. To the investor, this means that a lower spread saves money.
As a final note, education on forex trading and the futures market, as well as assistance in developing a strategy are available from many websites with a trading platform. We cover some of the best with our top recommendations. Our recommended newsletter is written by forex pros and includes mentoring and analysis of current factors influencing currencies.
Get advice, facts, and opinions about forex trading strategy at http://www.forex-trading-reference.com
Written By: Dan Ho
 Reuters | WORLD FOREX: Dollar Surrenders Some Gains To Euro, UK Pound Wall Street Journal TORONTO (Dow Jones)--The dollar is higher against the euro and the UK pound Tuesday but has ceded some of its gains as ... FOREX-Yen slips on BOJ story, sterling stays heavy Dollar Rises After Forex Traders Flock to Safer Assets FOREX-Yen firm, euro and pound hurt by fiscal worries |
 FXstreet.com The Forex Market | Forex - Dollar up vs. most rivals on poor German, UK data Forex Pros Forex Pros – The US dollar rose against most other major currencies on Wednesday, after official data showed that German exports and British manufacturing ... Forex: US Dollar mostly lower today as EUR/USD hovers near 1.3600 Forex: GBP/JPY falls and trades at 134.67 FOREX: Euro Losing Ground to the Dollar; EUR/USD, FXE |
 3News | WORLD FOREX: Dollar Trims Gains In Shift To Riskier Assets Wall Street Journal TORONTO (Dow Jones)--Investors first pushed the dollar higher Tuesday as concerns about euro-zone debt flared, ... Buy foreign currency as Australian data supports |
 Forex District | Forex - Euro rises vs. dollar, hitting daily high at 1.3625 Forex Pros Forex Pros – The euro rose against the US dollar during European midday trade on Wednesday, hitting a daily high at 1.3625 in the wake of mixed economic ... Forex - Euro slips vs. dollar after mixed German data Forex - EUR/USD bounces after US consumer confidence data |
 Earthtimes (press release) | WORLD FOREX: Dollar At 2-Week High Vs Yen On Asia Stock Rises MarketWatch TOKYO (MarketWatch) -- The dollar rose to a two-week-high against the yen Monday in Asia, as higher regional shares bolstered ... FOREX-Euro gives up gains, yen steadies after fall FOREX-Yen rises on Japan exporters; sterling falters Forex Daily Analysis |
 Reuters | FOREX-Euro gains vs dollar, yen as Greece worries ease Reuters LONDON, March 8 (Reuters) - The euro rose against the dollar and the yen on Monday on easing concerns over Greek debt, ... FOREX-Dollar rises vs yen as US jobs data boosts optimism Forex - Dollar down against major rivals on Greece hopes WORLD FOREX: Euro Down Before US-Greece Meeting; Sterling Falls |
 Globe and Mail | FOREX-Dollar rises vs yen as US jobs data boosts optimism Reuters NEW YORK, March 5 (Reuters) - The dollar soared against the yen on Friday after a government report showed US employers cut fewer jobs ... WORLD FOREX: Euro Falls Vs Dollar After RBA Says Europe A Risk WORLD FOREX: Euro Gains On Pledge Of Further Greek Cuts Dollar loses steam on Greece hopes |
 Forex Flash | WORLD FOREX: Dollar Up Vs Yen, Euro Little-Changed Post Jobs Wall Street Journal NEW YORK (Dow Jones)--The dollar rose against the yen, but the euro recovered much of its initial loss against the ... FOREX-Yen dips, dollar supported ahead of payrolls Forex trends: dollar gains some ground across the board, sliding vs yen Dollar Gains Versus Yen as US Loses Fewer Jobs Than Forecast |
WORLD FOREX: Euro Ticks Up Vs Yen On Japan Importer Buying MarketWatch Against the dollar, the unit traded at $1.3602 from $1.3601. "Overall currency moves were very limited" with share markets almost unchanged and a lack of ... |
WORLD FOREX: UK Pound Slumps On Weak UK Economic Data Wall Street Journal The pound dropped to its lowest level in a week, shedding nearly 0.5% against the dollar by morning New York trading. "The bottom line is the UK economy has ... |
