San Jose, Costa Rica (PRWEB) January 19, 2009
Forex-rates.biz is pleased to announce that analysis of traffic and use statistics for the 2008 calendar year reveals that the website, as recently featured on CNN, has assisted thousands of traders make informed currency trading decisions by offering currency comparison charts, e-mail value fluctuation alerts, and, more recently, a public forum where traders can discuss news, trading strategies, and all things forex related – all absolutely free at http://www.forex-rates.biz.
Forex-rates.biz was launched in 2007 by Costa Rica based Blue Reef, S.A., a successful and well-known affiliate marketing company with diversified websites in the travel, gaming, financial, and insurance sectors, to assist traders in the comparison of both major and minor currency pairs without the need for them to join the expensive currency charting websites heretofore employed by the majority of serious currency speculators. Forex chart and exchange rate data on the site is updated automatically approximately every 10 minutes.
The foreign currency exchange (Forex) market is global in nature and is the largest financial market in the world with $2 trillion traded every single day. The most commonly traded currencies are the U.S. Dollar, Japanese Yen, Euro, British Pound, Swiss Franc, Canadian Dollar and Australian Dollar. The data available on forex-rates.biz helps traders track performance of all of these major currencies as well as many, many less popular and more infrequently traded currencies such as the Indian Rupee, the Brazilian Real, and the Chinese Yuan.