User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Thursday March 30, 2017 - 17:38:13 GMT -

Share This Story:
| | Email

Why Trade Forex?

The advantages of delving into the world’s largest financial market

What is the forex market?

The forex or currency market is the biggest financial market in the world, with over $5 trillion in daily turnover. Every transaction made globally which converts one currency into another contributes towards that staggering total, such as when a British company buys goods or services from an American or European supplier, or a tourist buys the foreign currency needed for their holiday abroad.

In 1971, President Nixon’s decision to drop the ‘gold standard’, which pegged the value of the dollar to physical gold, was the birth of the modern forex market. The major world currencies became ‘free floating’, with their value against one another determined by supply and demand dynamics. When there is more demand for the U.S dollar around the world it becomes more expensive compared to other currencies. The British pound lost significant value against the dollar and other major currencies in the wake of the Brexit vote due the uncertainty the result provoked. A feeling of less certainty on what the future held for the UK economy meant that holders of cash pounds or pound-denominated assets sold some of them off to hedge risk, reducing demand for the pound and subsequently its comparative value against other currencies.


Trading forex

As well as transactions in the ‘real economy’ eg. Volkswagen, a business denominated in euros, buying steel for its cars in dollars, there are also speculative currency exchanges. These speculative currency transactions are what is known as forex trading. A forex trader would, for example, buy dollars with their pounds if they believed the value of the dollar would rise against the pound, subsequently making a profit in pounds when those dollars are converted back into pounds. Forex traders can also take ‘short’ positions if they want to speculate that a currency will lose value against another.

Why trade forex?

The basic reason for trading forex is the same as trading any financial market from equities to bonds: to profit from rising and falling prices through buying and selling at the right time. However, there are some specific advantages that make forex the most popular financial market to trade.

1)     Forex market impossible to manipulate

The sheer scale of international forex markets mean that no individual or organisation have the resources to significantly effect price movements. Even central banks cannot significantly influence the value of a currency over an extended period of time.

2)     High Liquidity

Another consequence of the size of the forex market is that it is also the most liquid of markets. Traders are never ‘stuck’ in a trade and can always buy and sell currencies at the current ‘spot’ price instantaneously. This means that profits can be taken or losses stopped instantaneously at any given moment.

3)     Over-the-Counter Market

Forex is not traded on an exchange so does not feature middle men setting prices or taking a commission. The price of one currency against another is controlled purely by the free principles of supply and demand. This also means transaction costs of forex trading are lower than for any other financial instrument. Forex trading platforms take a tiny ‘spread’, which is usually around 0.1%, though can be even lower.

4)     24-Hour Market

Because the forex market is not tied to an exchange it operates 24-hours a day, while most financial instruments can only be traded during the exchange’s business hours.

5)     Leverage

Forex traders can take advantage of leverage offered by brokers to multiply their exposure compared to the cash deposit they must put down on a trading position. Retail forex traders can usually access leverage of up to 50:1, so a $10 position would allow them to buy up to $500 dollars. This means that profits can be greatly increased, though also means that losses can exceed the initial investment.

6)     Minimum Barrier to Entry

The low transaction costs of forex trades and complete flexibility in trade position size means that forex traders can theoretically start trading with an account size in double or low triple figures. While the smallest possible account value would make hedging and spreading risk problematic, taking very small positions allows beginners to learn the ropes and gain experience with minimal financial exposure.

There are also many educational resources and aids, such as forex signals, available on the market. This means that beginner forex traders can experiment and learn cheaply how to trade forex and gain confidence and skill before scaling their financial exposure to positions they take. 


Forex Trading News

Forex Research

Daily Forex Market News
Forex news reports can be found on the forex research headlines page below. Here you will find real-time forex market news reports provided by respected contributors of currency trading information. Daily forex market news, weekly forex research and monthly forex news features can be found here.

Forex News
Real-time forex market news reports and features providing other currency trading information can be accessed by clicking on any of the headlines below. At the top of the forex blog page you will find the latest forex trading information. Scroll down the page if you are looking for less recent currency trading information. Scroll to the bottom of fx blog headlines and click on the link for past reports on forex. Currency world news reports from previous years can be found on the left sidebar under "FX Archives."

Actionable trading levels delivered LIVE to YOUR charts

GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium

Mon 27 May 2019
AAGB/US- Holiday
Tue 28 May 2019
A 14:00 US- Consumer Confidence
C 13:00 US- Case-Shiller
Wed 29 May 2019
A 08:55 DE- Employment
AA 18:00 US- BOC Decision
A 18:30 US- EIA Crude
Thu 30 Mar 2019
AAEZ/CH- Holiday
A 12:30 US- Weekly Jobless
Fri 31 Mar 2019
AA 10:00 EZ- Flash HICP
A 12:30 US- Personal Income, Spending, Deflator
AA 14:00 US- Final Univ of Michigan

Global-View Affiliate Program

We are starting an affiliate program to market some of our products.

Send me an email if you would be interested or if you know someone who would like to be an affiliate. Generous commissions payout for those accepted.

Put the word "affiliate" in the email subject line.

Contact us

Start trading with forex broker Markets Cube


Retail Forex Brokerage Changing!

Are you looking for your first broker or do you need of a new one? There are more critical things to consider than you might have thought.

We were trading long before there were online brokers. Global-View has been directly involved with the industry since its infancy. We've seen everything and are up-to-data with recent regulatory changes.

Our Best Brokers listing section includes:Forex Broker Reviews, Forex Broker Directory, Forex Broker Comparisons and advice on How to Choose a Forex Broker

If would like guidance, advice, or have any concerns at all ASK US. We are here to help you.

SEE Our Best Brokers List

Currency Trading Tools

  • Live rates, currency news, fx charts. 

  • Research reports and currency forecasts.

  • Foreign Exchange database and history.

  • Weekly economic calendar.

Directory of  Forex trading tools

Terms of Use    Disclaimer    Privacy Policy    Contact    Site Map

Forex Forum
Forex Trading Forum
Forex Forum + forex rates
Forex Forum Archives
Forex Forum RSS
Free Registration

Trading Forums
Currency Forum Guide
Forum Directory
Open Forum
Futures Forum
Political Forum
Forex Brokers
Compare Forex Brokers
Forex Broker News
Forex Broker Hotline

Online Forex Trading
Forex Trading Tools
Currency Trading Tools
Forex Database
FX Chart Points
Risk/Carry Trade Chart Points
Economic Calendar
Quicklinks to Economic Data
Currency Futures Swaps
Fibonacci Calculator
Currency Futures Calculator

Forex Education
Forex Learning Center
FX Trading Basics Course
Forex Trading Course
Forex Trading Handbook

Forex Analysis
Forex Forecasts
Interest Rate Forecasts
Central Bank Forecasts

FX Charts and Quotes
Live FX Rates
Live Global Market Quotes
Live Forex Charts
US Dollar Index Chart
Global Chart Gallery
Daily Market Tracker
Forex News
Forex Blog
Forex News
Forex Blog Archives
Forex News RSS
Forex Services
Forex Products
GVI Forex
Free Trials
FX Bookstore
Managed Forex Accounts
FX Jobs and Careers
Jobs USA
Jobs UK
Jobs Canada

Forex Forum

The Global-View Forex Forum is the hub for currency trading on the web. Founded in 1996, it was the original forex forum and is still the place where forex traders around the globe come 24/7 looking for currency trading ideas, breaking forex news, fx trading rumors, fx flows and more. This is where you can find a full suite of forex trading tools, including a complete fx database, forex chart points, live currency rates, and live fx charts. In addition, there is a forex brokers directory where you can compare forex brokers. There is also a forex brokers hotline where you can ask for help choosing a forex broker that meets your individual fx trading needs. Interact on the same venue to discuss forex trading.

Forex News

The forex forum is where traders come to discuss the forex market. It is one of the few places where forex traders of all levels of experience, from novice to professionals, interact on the same venue to discuss forex trading. There is also the GVI Forex, which is a private subscription service where professional and experienced currency traders meet in a private forex forum. it is like a virtual forex trading room. This is open to forex traders of all levels of experience to view but only experienced currency tradingprofessionals can post.

Currency Trading

Currency trading charts are updated daily using the forex trading ranges posted in the Global-View forex database. You will also find technical indicators on the fx trading charts, e.g. moving averages for currencies such as the EURUSD. This is another forex trading tool provided by

Forex Brokers

The forex database can be used to access high, low, close daily forex ranges for key currency pairs, such as the EURUSD, USDJPY, USDCHF, GBPUSD, USDCAD, AUD, NZD and major crosses, including EURJPY, EURGBP, EURCHF, GBPJPY, GBPCHF and CHFJPY. Data for these currency trading pairs dating back to January 1, 1999 can be downloaded to an Excel spreadsheet.

Forex Trading

Forex chart points are in a currency trading table that includes; latest fx tradinghigh-low-close range, Bollinger Bands, Fibonacci retracement levels, daily forex pivot points support and resistance levels, average daily forex range, MACD for the different currency trading pairs. You can look on the forex forum for updates when one of the fx trading tools is updated.

FX Trading

Global-View also offers a full fx trading chart gallery that includes fx pairs, such as the EURUSD, commodities, stocks and bonds. In a fx trading world where markets are integrated, the chart gallery is a valuable trading tool. Look for updates on the Forex Forum when the chart gallery is updated.

Forex Blog also offers a forex blog, where articles of interest for currency trading are posted throughout the day. The forex blog articles come from outside sources, including forex brokers research as well as from the professionals at This forex blog includes the Daily Forex View, Market Chatter and technical forex blog updates. In additional to its real time forex forum, there are also Member Forums available for more in depth forex trading discussions.



By using this website, you are agreeing to our Privacy Policy and Terms of Use, and Cookie Policy

Copyright ©1996-2019 Global-View. All Rights Reserved.
Hosting and Development by Blue 105