Forex Training Available for Forex Traders

FXstreet.com and FxBootcamp.com welcomed TradeTheNews.com to their partnership of providing online educational events for Foreign Currency (Forex, FX or 4X) Traders featuring live news, analysis and Forex training. Belmont, CA, USA, January 31, 2007 -- Trade The News brings live audio news feed to the already successful online events. Forex Traders attending the event will hear the news instantly, usually before the TV networks even have time to react. The Non-Farm Payrolls Employment Report, issued by the U.S. Department of Labor the first Friday of each Month, is the best measure of the health of the U.S. Economy and therefore directly impacts the value of the U.S. Dollar, often dramatically. "As the largest Forex Portal on the web, we are in touch with what currency trades need," says Francesc Riverola, CEO of FXstreet.com.

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Informed Forex launches free learning community

InformedForex.com has just launched a free community filled with freely distributed articles and videos organized to help traders find the information they need to learn how to trade the forex market. The community offers the following features: Free blogs that members can use as trading journals and as a platform to interact with other traders Articles and discussion forums to help traders learn what they need to know News articles to help traders stay abreast of the most important news happening in the forex market The community aims to provide forex traders, both experienced and novice, with a portal they can use to navigate the web of forex information on the Internet as well as have conversations with other forex traders in a neutral environment.

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DJ Forex Focus: Yen Carry Trades Likely to Resume

Trading in the Japanese currency may prove a little more choppy than it was before - given continued background concerns about the meeting of the Group of Seven leading industrial nations in Essen, Germany, Feb. 9-10 - and losses may not be so heavy against the Australian and New Zealand dollars this time around, but against the dollar and the euro there is little reason to see much change. "We are not reducing our long dollar/yen and euro/yen positions ahead of the G7 meeting," said Monica Fan, head of global foreign-exchange strategy at RBC Capital Markets in London. Concern that G7 finance ministers and central bankers might take some coordinated action to stop the yen's decline had helped to discourage carry trades over the last week or so as European officials complained about the economic risks posed by the yen's decline against the euro.

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