Forex Trading

Day traders tend to prefer the forex market for online trading due to its volatile reaction to news, market data, and because of its trending nature.
Forex is the simultaneous buying of one currency and selling of another as forex is traded in what is known as "cross pairs" for example GBP/USD (£/$) or EUR/USD (Euro/$).
Forex Spread Betting with Capital Spreads

Capital Spreads is one of the UK's most recognised Financial Spread Betting Firms, they are well known for having highly competitive spread prices, exceptional customer service and a limited margin policy that ties up less customers money.
In addition to popular Indices and International Shares Capital Spreads also offer a comprehensive range of Forex and Commodity Futures spreadbets. They offer generous spreads of between 4 and 5 points on GBPUSD (depending on contract) , 8 points on Brent/Nymex Crude Oil and 8 points on Gold. Plus many more Commodity Futures bets...


Easy Forex - Forex Trading Made Easy

Easy Forex are one of the most dynamic new brokers around. Their easy to use platform is packed full of features.

You can open an account online in minutes for free, no need to deposit money. If you do want to trade you can deposit as little as $25 to get started.

Currency News

Oil prices higher on economic outlook
Oil prices are finishing off a second week of gains Friday (February 4) as the latest round of jobs data is expected to offer hope that the US economy is improving. Analysts believe that non-farm payroll jobs increased by around 146,000 workers during January, according to a survey of economists. This has led to anticipation that the Labo
Oil prices are finishing off a second week of gains Friday (February 4) as the latest round of jobs data is expected to offer hope that the US economy is improving.
Analysts believe that non-farm payroll jobs increased by around 146,000 workers during January, according to a survey of economists. This has led to anticipation that the Labo
TRADERS TURN CAUTIOUS AHEAD OF ECB PRESS CONFERENCE
The euro has retraced back from its three months high of $1.3861 seen versus the dollar yesterday with sentiment undermined by events in Egypt as well as fresh reminders about Europe’s debt problems. Activity though was described as subdued overnight but should turn volatile as we approach the all importan Traders are also turning cauti
The euro has retraced back from its three months high of $1.3861 seen versus the dollar yesterday with sentiment undermined by events in Egypt as well as fresh reminders about Europe’s debt problems. Activity though was described as subdued overnight but should turn volatile as we approach the all importan
Traders are also turning cauti Read more ...
Euro remains strong as investors expect rate hike
The euro has been strong the last two weeks as currency traders were once again convinced that the European Union members have the capacity to support those nations struggling with overwhelming debt. Now, the euro appears primed for even more gains as Germany faces high inflation and the president of the European Central Bank, Jean-Claude Read more ...
The euro has been strong the last two weeks as currency traders were once again convinced that the European Union members have the capacity to support those nations struggling with overwhelming debt.
Now, the euro appears primed for even more gains as Germany faces high inflation and the president of the European Central Bank, Jean-Claude
Key US Data Today to Determine Dollar Direction
Today sees the release of US Q4 GDP, personal consumption and GDP figures in the US. These figures are key to traders looking for insight into how the US economy has performed on the open of this year. We can expect the market to react fiercely to the news if anything other than what is expected is released. We could potentially see anot Read more ...
Today sees the release of US Q4 GDP, personal consumption and GDP figures in the US. These figures are key to traders looking for insight into how the US economy has performed on the open of this year.
We can expect the market to react fiercely to the news if anything other than what is expected is released. We could potentially see anot powered by zFeeder

Understanding Currency Pairs

Currencies in Pairs
New traders often struggle to grasp the concept of trading currencies in pairs. "Why not just buy the Euro?" they might ask. "Why does it have to be paired with the US Dollar?" The currency on the right side of the pair is there to establish a comparative value, without it we would be unable to assign a value to the base currency (currency on the left side of the pair). If the currencies were not paired, we would be unable to determine what a single currency would gain or lose value against. By pairing two currencies against each other a fluctuating value can be established for the one versus the other.
Cross Currency Pairs
Currency pairs that do not include the US dollar are commonly referred to as Cross Currency Pairs. Cross Currency trading can open a completely new aspect of the Forex market to speculators. Some cross currencies move very slowly and trend very well. Other cross currency pairs move very quickly and are extremely volatile; with daily average movements exceeding 100 pips.
Many of these cross currencies have a higher swap value. Swap is a credit or debit as a result of daily interest rates. When traders hold positions over night, they are either credited or debited interest based on the rates at the time. Often, cross currencies yield higher interest rates than major currencies.