Tradingnews.com - Forex Trading News

Forex is synonym of Foreign Exhange or Currency Exchange Market, and what this site does is to present in one same site all the information related to this business area, that is: all the real-time indexes, figures and data that brokers and traders need, which is why the site takes a bit to load, so take into account that numbers are changing all the time. The homepage features a series of tables and charts, and each time there is a variation in any of these, they turn on a red or green light indicating growth or fall, plus the changed figures remain highlighted in red or green until there is a change in the information displayed on that board.

The site works by presenting three formats of information: first one is news, just like those you read on the moving marquees when watching the news on TV: “European stocks ready, Capgemini surges”; second type is analysis, which presents quick synthesis of the behavior of any financial tool or index, working as something of an impression-based trend spotter: “Oko Bank Plc-A: under pressure below 14.4”. Last but not least are prices of currency (the site is US based, so everything translates into dollars), FTSE 100, Oil price, etc. What is really interesting about this site is that by registering (which is free, by the way) users can create their own dashboards, that is, they can make the site present any information or index they need, provided it belongs to the Forex market, and they can find it by typing the name of the index or financial instrument or it’s RIC (a ticker-like code used by Reuters to identify financial instruments and indices, like .DJI for Dow Jones Industrial Average, .IXIC for NASDAQ Composite Index or .SPX for S&P 500); unlike similar sites, users of Tradingnews.com can take a look at the historical value of each financial instrument, both for several years ago, for yesterday’s noon or for today’s morning.