Category — Forex

Forex is short for “foreign exchange” – a big and volatile market place for exchanging foreign currency.

Forex is 24 hours a day, global and accessible worldwide and deals more than three trillion dollars worth of trades every day.

In the past the Foreign Exchange (Forex) currency trading market was open only to banks and big financial institutions. Currently it is becoming more and more popular with small investors and individual traders. [Read more →]

Of all the world monthly economic reports, the monthly U.S. Non Farm Payroll Report (NFP) is the most highly anticipated and has the most dramatic impact on the currency market.

The report, which is released on the first Friday of each month and states the previous month’s numbers, provides detailed industry data on employment, hours and earnings of workers on nonfarm payrolls.

Why should you care – even if you’re not an U.S. citizen?

[Read more →]

Image via Wikipedia

Trading Forex is risky.

No doubt about it.

Thus you should invest in proper Forex education first, before starting out.

The Forex Success Formula is a great beginners guide for anyone who is interested in making a handsome amount of money through Forex trading.

Its  training program touches base on many topics of foreign exchange trading and how to make the right financial moves. [Read more →]