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Forex Education
by ForexNewsNow Team on September 8, 2010

Forex directory: What is the use of a forex directory?

forex directory - a heap of poundsNEW YORK (Forex News Now) – There are multiple applications for a forex directory: technical analysis trading and intraday analysis, to name only two.

A forex directory can contain data on the current FX rate for all currency pairs – a key resource for any FX traders. A forex directory can also list historical data on such pairs, which would be almost invaluable in the case of EUR USD analysis, for example.

Of course, a forex directory can also hold lists of brokers, detailing the special offers and promotions.

In the hectic world of online FX trading, traders are confronted with more and more forex strategies – all of which can also be categorized in a forex directory.

In short, for people new to currency market trading, a forex directory can prove a great help.

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