Currency exchange platform iForex has launched a new website that provides up-to-the-minute foreign exchange news, commentary and daily Forex analysis, while offering an array of tools for its visitors.

The new site TraderBase.com (traderbase.iforex.com) can act as an important source of Forex news for both day trading newcomers and professional traders to keep updated with key market events that can affect their daily trades, a statement said.

In addition, for easy access, iForex’s global audience and client base can enter their professional trading platform or find additional information in languages, such as Turkish (at iforex.com.tr).

Articles and analysis reports within TraderBase are collected and written by external market specialists, located around the world, to give a global perspective of the market and the factors that can influence currency fluctuations.

TraderBase also provides tools for traders, including an Economic Calendar which details scheduled financial events and announcements on the horizon.

Investors can use tools such as this in order to read into potential market movements based on impending statements, which is a vital component in a trader’s arsenal.

With a rapidly growing number of investors using their platform on a daily basis, iForex (iforex.com) believes that providing traders with important and relevant information is of great benefit, the statement said.

“Obtaining essential Forex trading news is essential and we want to be able to provide this service not only to our members, but also to anyone interested in the currency exchange market,” a senior member of the dealing room team was quoted as saying. – TradeArabia News Service