New Forex Forums Site

FOREX FORUMS FOR BEGINNERS

Here’s a really useful web forum for Forex traders and beginners alike, its appropriately called Forex Forums @ forexforums.com — easy to remember — community getting larger every day. You get points to post your opinions and do other things on the board, very cool if you ask me, one of a kind. You can also practice your stocks in their fake stock market with those points. With regards to Forex, they have quite a number of sub sections where you can discuss anything about Forex and the economies of any nation or the global economy as a whole. Forex Forums is a truly unique experience, a fun place to post, no pressure and no one looking down on you, snubbing beginners. Forex Forums is created by a team of fresh Forex entrepenours who are on the same level as most of their members. Get real reviews on Forex Mentoring or Forex Education systems, save money in the long run by weeding out the useless Forex strategies and avoiding Forex SCAM sites. Forex Forums doesn’t strike me as a place where people hit you with SPAM and advertisements to junky Forex programs, the members at Forex Forums really review signals, brokers, and other Forex related sites honestly and from the heart. Check out Forex Forums and

If you decide to join, use this link or mention my nick DickiePap in the referral box, thanks!

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WOW! Forex Trading Sets New Records

Semi-annual Forex trading volume data was published, and the Forex market has continued to grow. Trade volume is up across the board, and trillions are changing hands every day.  Truly incredible what forex trading online can net you in the long run.  USD/JPY is the most traded currency by online forex traders. Here are the details the growth of FX trading and where the most volume is being dealt (on the interbank level):

Currency Trading Volume or Turnover per Day

UK: $1.33 trillion in April, up 21% from last year
http://www.bankofengland.co.uk/markets/forex/fxjsc/fxturnresults070731.pdf

US: $618 billion in April, up 6.6% from last year
http://www.newyorkfed.org/fxc/2007/fxc073107.pdf

Japan: $240.3 billion in April, up 19.2% from last year
http://www.fxcomtky.com/reports/pdf_file/announce56_e.pdf

Singapore: $233 billion in April, up 40% since October
www.sfemc.org/statistics/Semiannual_surveyApr07data.doc

Canada: $55.5 billion in April, up 5.5% from last year
http://www.cfec.ca/files/cfec_webtablesapril07.pdf