Forex news is a blog that follows the latest happenings in the Forex world. It also explains the most used terms and strategies in forex trading. The blog has already focused on forex scalping, day trading, dow theory, popular indicators and much more. The new blog brings the most interesting daily news which should help traders decide which way they want to trade.
Online PR News – 13-August-2009 – – When forex traders go out on a dinner with their friends or family and mention that they are trading on the Forex market, most of them wouldn’t know what they were talking about. The worst thing is that most of the Forex traders that join the Forex market don’t know what they are doing. Understanding what Forex is, is the first good step to your success at forex trading.
The foreign exchange market (Currency, Forex, or FX) is where currency trading takes place. It is where banks and other official institutions facilitate the buying and selling of foreign currencies. Forex transactions typically involve one party purchasing a quantity of one currency in exchange for paying a quantity of another. The foreign exchange market that we see today started evolving during the 1970s when world over countries gradually switched to floating exchange rate from their erstwhile exchange rate regime, which remained fixed as per the Bretton Woods system till 1971.
Today, the Forex market is one of the largest and most liquid financial markets in the world, and includes trading between large banks, central banks, currency speculators, corporations, governments, and other institutions. The average daily volume in the global foreign exchange and related markets is continuously growing. Traditional daily turnover was reported to be over US$3. trillion in April 2007 by the Bank for International Settlements. Since then, the market has continued to grow. According to Euromoney's annual Forex Poll, volumes grew a further 41% between 2007 and 2008.
Forex News is a new blog that will brings all the latest information from the forex world and helps Forex traders to be sucessful in their trading.
Three Months Of Forex News
Three Months have passed since the blog was started. Every day it brings the latest and most interesting news from Forex market.
There have been over 200 posts on this blog that are designed to help with everyday trading. So far, blog had over 15,000 unique visitors and has been nominated for "Blogger's Choice Awards" in the category of the best business blogs.
The blog made it to the first 50 rating on the most popular blog and site directories, which is a great achievement for such a "young" blog. It has been included in many internet search engines and much more.
What are the goals?
The blog is expected to top all of the directories and search engines so that it would be easier to reach the information traders require. Forex News will find more free Forex books to share with readers, so they can learn even more about foreign exchange market. New articles about Forex strategies are being written and more material for the most important article in the Forex business - Forex Scams - is being collected, which will help readers recognise good opportunities from bad ones.
Click here to find out more about the Forex market at:
http://forex-news-help.blogspot.com/ - latest news and strategies from the forex world