ForexGen Latest News

Many people these days are making easy money forex trading on the currency market. If you are not one of these people you should be as spreads are currently five pips on EUR/USD trades, which is the most traded currency pair. Currency trading occurs day and night, so you can do this whenever you want and can take as long as you want to complete a trading scenario. Traders can complete... [read more]

The U.S. dollar declined at a fastest pace in a month against the Japanese currency today as the credit market losses extended and the Federal Reserve probably won’t be able to raise the rates by the year’s end. The dollar also fell against the euro and the Great Britain pound today as the previously expected rate difference decline became not so obvious to the Forex traders. Yen’s growth against... [read more]

Fears about more losses due to the current credit crisis helped the yen and Swiss franc to gains Thursday on the theory that investors will be less inclined to seek out risky currency trades funded with the low-yielding currencies. In late morning trade in New York the yen traded at ¥161.1536 to the euro, at ¥108.3350 to the US dollar and at ¥95.1723 to the Australian dollar, while the Swiss franc... [read more]