Forex Trading News and Currency Converter Calculator


Forex News

Currency Converter

Website Disclosure/Disclaimer

About this Forex Currency Website

I specifically designed the FOREX NEWS web page with all relevant Forex trading news on a single organized currency trading news web page. The Forex news web page is designed to help new Forex traders get a fresh clean quick start and assist existing currency traders. I use the "Forex Currency FX News" web page every day that I trade.

When Trading Forex Currency it may be best to "go with the overall trend". Trade with the Forex FX Currency trend to maximize your chances to succeed. Trading against the trend may devastate a trader. In the end the trend will almost always be your friend.

Using a highly leveraged Forex currency account can come at a cost. When a trader signs up for a high leverage trading account without knowing how to accurately use it to their own advantage, they simply may be signing up for additional risk losses that will be multiplied.

Forex currency coin gold silver picture

Thank you for your viewer support of this Forex Information and Currency Rates Website.


Click Here to go to the Forex News Web Page

The International Forex Currency Market is the largest and perhaps most lucrative financial market in the world, easily exceeding all stock markets combined. Forex Currency Trading offers leverage and since currencies are traded against each other, unlike stocks and commodities, there are always currencies on the way up or down at the same time.

The Forex Currency Trading Exchange is open 24 hours a day five days a week which enables you to trade at the convenience of your own schedule.

Forex Currency Topics

What is FedNow?

The FedNow Service is a new instant fast, real time payment infrastructure developed by the Federal Reserve that allows financial institutions of all size across the United States to provide safe and efficient instant payment services. The FedNow service as of early 2023 is in the prototype testing stage in the USA.

Is FedNow replacing cash? Is it a central bank digital currency?

[From the FED] "No. FedNow is not directly related to a digital currency. FedNow is a payment service the Federal Reserve is making available for banks and credit unions to transfer funds. It is like other Federal Reserve payments services, such as Fedwire and FedACH. The FedNow Service is neither a form of currency nor a step toward eliminating any form of payment, including cash.

The FedNow Service is an instant payments service provided by the Federal Reserve, launching in July 2023. FedNow will be available to depository institutions, such as banks and credit unions, in the United States and will enable individuals and businesses to send instant payments through their depository institution accounts. Instant payments allow individuals and businesses to send and receive payments within seconds at any time of the day, on any day of the year, so that the receiver of a payment can use the funds almost instantly."

What are CBDC s?

Central Bank Digital Currency is a digital form of central bank money that is or will be available in many countries to the general public. The CBDC digital currency as of early 2023 is in the late development stage in the USA.

Central Bank Digital Currency (CBDC) - Realality or Rumor?

[From the FED] "While the Federal Reserve has made no official decisions on whether to pursue or implement a central bank digital currency, or CBDC, we have been exploring the potential benefits and risks of CBDCs from a variety of angles, including through technological research and experimentation. Our key focus is on whether and how a CBDC could improve on an already safe and efficient U.S. domestic payments system.

CBDC is generally defined as a digital liability of a central bank that is widely available to the general public. Today in the United States, Federal Reserve notes (i.e., physical currency) are the only type of central bank money available to the general public. Like existing forms of money, a CBDC would enable the general public to make digital payments. As a liability of the Federal Reserve, however, a CBDC would be the safest digital asset available to the general public, with no associated credit or liquidity risk.

The Federal Reserve Board has issued a discussion paper that examines the pros and cons of a potential U.S. CBDC. As part of this process, we sought public feedback on a range of topics related to CBDC. The Federal Reserve is committed to hearing a wide range of voices on these topics."

Gold is now a Tier 1 Asset.

On April 1st 2019, gold was reclassified up to a tier 1 asset from being a tier 3 asset. Therefore gold now has the same Tier Asset Value as the US Dollar in regards to banking. Gold and Silver have recently been added as trading instruments to the Forex Currency Trading Exchange and are now available for trading.

Many Thanks to all my friends in the Los Angeles, Southern California and Palm Beach, South Florida Areas for your consistent support and encouragement. All of you have been very inspirational in the success of this web site.

Thanks to all of you, Anthony

Logo Website Disclosure / Disclaimer