DailyFX.com Provides Economic Countdown

PRLog (Press Release) – Apr 07, 2008 – DailyFX.com Provides
Economic Countdown

New York, April 7, 2008

DailyFX.com (http://www.dailyfx.com/) has introduced a countdown to economic data on the DailyFX.com home page and the DailyFX Economic Calendar.

Trading the news is extremely popular in the currency markets. Knowing exactly when news will be released is essential for all FX traders, as you can profit during a news event if on the correct side of a trade. Don’t be surprised by a major economic news event because you can also lose if you’re not ready. Watch the clock tick down to enter the market and actively trade in fast-moving market conditions.

When the countdown reaches zero the economic announcement will be published on DailyFX.com. Within minutes, DailyFX.com Analysis will release an in-depth examination of the event and how it has affected the currency market.

The DailyFX Economic Calendar is a one-stop-shop for economic releases. The Calendar shows you what is coming out, how important the information is, and what impact it can have on specific currencies. The Economic Countdown highlights only the most important news events *

“We feel that it is important for traders to be aware of news events before they come out,” said Kathy Lien, Editor-in-Chief of DailyFX.com. “Most economic [news] releases have the potential to affect the currency market substantially: we want our traders to be prepared.”

You can find the Economic Countdown on the DailyFX Economic Calendar page: http://www.dailyfx.com/calendar/

*The Economic Countdown will only be present 12 – 24 hours before a High Level news event.
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About DailyFX.com

•   DailyFX.com is one of the world’s leading news and information sources for the currency trading community.
•   Wide international audience: Over 4 million page views a month.
•   Up-to-the minute news: From 10 to 20 articles and reports every day on the latest changes in the currency market.
•   Timely technical analyses: Close examination of promising chart formations.
•   Up-to-date analysis of fundamental influences: In-depth analysis of recent price moves, predictions of likely market moves and explanations of economic and political factors driving the market.
•   Economic Calendar: Complete release schedule of news events coming out of the G-10 countries, with sort and filter capabilities to rank each by importance and impact on specific currencies.
•   Forum: The DailyFX.com Forum is a serious online forum that avoids the “market noise” and irrelevant personal commentary that plague many forex blogs and forums. DailyFX continues to keep the DailyFX.com Forum the place where real traders go to talk about serious trading.
•   Free charts: Free forex charts for beginning, intermediate and expert traders, complete with live currency quotes
•   Live rates: Live currency rates around the clock.
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Leveraged foreign exchange trading carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.

More Information:
Jaclyn Sales
Public Relations Coordinator
FXCM
Financial Square
32 Old Slip, 10th Floor
New York, NY 10005
Dir (646) 432-2463
Tel (212) 897-7660
jsales@fxcm.com