Daily Digest:
w/c 17 June 2024: The US data highlight this week is Retail Sales on Tuesday, with global Flash PMI data on Wednesday. Plus on the central bank side we get the RBA, PBoC, SNB and BoE all in play

Fx, foreign exchange or the forex market is the world's most liquid and largest financial market. We are here to guide you and explain the fx market, where the exchange of currencies (e.g. USD, EUR, bitcoins) takes place.

Latest Analysis

US indices rally to records again but European averages suffer from political woes

Macroeconomic/ geopolitical developments The S&P 500 and NASDAQ continue their positive momentum with record highs, while U.S. Treasury yields declined… Continued

New highs for the US Dollar, but Forex markets relatively subdued

US Dollar Index breaks higher (DXY forecast) Euro sells off through support  (EURUSD forecast) Cable negative in sideways range  (GBPUSD forecast) Continued

US stocks averages hit record levels, ECB and BoC cut, US CPI and Fed now in focus

Macroeconomic/ geopolitical developments U.S. stocks rallied with the Dow, S&P 500, and Nasdaq all posting gains, fueled by a significant… Continued

Education Videos

Asset Classes

In this article and accompanying video we are looking at the different asset classes that investors and traders can invest… Continued

Gearing, Leverage and Margin

In this video and article, we are looking at the concepts of Gearing, Leverage and Margin. Gearing, Leverage and Margin… Continued

Fundamental Analysis

In this Master Academy educational video and article, we are looking at the basics of Fundamental Analysis. Fundamental Analysis There… Continued

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What is FX Explained and why are you here?

  • Are you interested in Forex Trading and just do not know where to start?
  • Are you currently trading and struggling, finding it difficult to achieve consistent profits?
  • Do you not fully understand some of the language being used on other FX or Trading websites?
  • Are you having difficulty choosing a Broker, or are trying to decide on a new Broker?

FX Explained is here to help and guide you. Forex explained in an easy way!

We have a passion for Financial Markets and for helping those trying to find their way in the complicated world of Currency Trading and Investing.

Whether you are a complete novice, or seasoned veteran, we believe that our high level of expertise, combined with a simple approach will help you to develop confidently in this sometimes difficult world of forex trading.

We aim to:

  • Be a guide for you in how FX Trading works.
  • Offer trading tools that you can use in your everyday trading.
  • Provide a comprehensive knowledge base that you can draw on.
  • Help you decide who you should trade with and pick a Broker.
  • Provide timely updates on important FX developments (via email).

So join the FX Explained community to help you become a better trader! We don’t show you how to trade, we help you to become a Trader!

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