ForexTrading.net, a new online forex magazine is aiming to keep users updated with all the latest happenings in the world of forex trading, through a videographic that has been published on the site.

The new videographic will give users of the site an overview of the forex trading market, and can even be embedded into users’ personal websites or blogs where it can be shared with other interested internet users.

Recent years have seen a number of changes in the forex trading market; not only has the number of people who trade in this manner shot up, but the way in which trading occurs is constantly evolving as well. For instance, in 2010 alone, cross-border trading transactions constituted 65% of trading activity. This implies the power of technology and its effects on the forex market.There has also been a rapidly growing disparity in algorithmic trading versus manual trading. In 2004, algorithmic trading only ranked at 2% of all trades, however in 2010 it comprised 45% of the trading share. Similarly the global foreign exchange market turnover was 20% higher in April 2010 than in 2007, with average daily turnover of 4 trillion USD compared to 3.3 trillion USD. As such, it’s very important for forex traders and internet users who follow the market to keep updated, and ForexTrading.net videographics will allow users to learn about forex in a manner that’s informative yet fun, and share their findings as well.

Nanna Arnadottir, editor at ForexTrading.net said: “The forex trading industry has some great news and commentary sites, but it can be a bit starved of interesting blogs with real quality content. That’s what we’re aiming for with ForexTrading.net, that and a bit of personality, which I think the videographic really provides.

It’s a fun way to take in a lot of facts and you can share it or post it on your own blog, so everyone is a winner.”

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TradingFloor.com, the home of Saxo Bank’s trading commentary, financial research and analysis, has released a video discussing the Federal Open Market Committee meeting (FOCM).

With the deterioration in the US economic outlook being further cemented by recent disappointing macro data, there is now mounting expectation that the Federal Reserve will once again come to the rescue and kick-start the world’s largest economy. Therefore, all eyes are set to be on the latest Federal Open Market Committee meeting and what will or won’t be decided in terms on new monetary stimulus.

The latest FOCM meeting has been extended to a two day meeting to allow for further discussions. The last meeting saw an extension of low rates until 2013, and Steen Jakobsen, chief economist at Saxo Bank, believes that the next step will be an Operation Twist Light.

Back in the 60s, The Operation Twist, meant that people sold short term bonds and bought long term bonds, which was seen as a twist, hence the name. This time this will not be possible, because the rates have already been lowered. This means only the long end part of the equation will be executed, with long term bonds being bought. However, Steen doesn’t think this will be a lot for the market in the long term.

This alone is not going to be enough to turn it around. Steen believes that the market always likes to be promised something new, which means President Obama will need to balance the delivery of the Operation Twist Light and throw in something new as well.

Steen also comments that the situation in Europe will have an effect on the timing of any announcements from the US. While it is clear that the US realise the situation in Europe is not good for the US, Steen believes that the Federal Reserve will ultimately do what is the best for the US.

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TradingFloor.com, the home of Saxo Bank’s trading commentary, financial research and analysis, has released a video discussing the important meeting of a number of global central bankers at Jackson Hole in the U.S.

The state of the economy and the more active role of central banks to help rectify this means that investors are keenly interested in the fact that a number of global central bankers are meeting in Jackson Hole. There is also a lot of interest in what Federal Reserve Chairman Ben Bernanke will or won’t say when he addresses the meeting in a press conference.

Steen Jakobsen, chief economist, Saxo Bank, discusses his views on the market expectations and what the likely outcome of this meeting will be in TradingFloor.com’s latest video ‘Constructive Jackson Hole solution or more of the same?’

Last year, during the same meeting in a mountainside retreat, Ben Bernanke surprised everyone by announcing a second round of Quantitative Easing. With concerns about a double dip recession rising, people are expecting a big announcement this time around too. Steen Jakobsen believes that the main objective of Bernanke’s press conference will be to avoid “Japanisation”, which is a deflationary environment with low growth and low interest rates through more of the same monetary policy.

Recent data also suggests that the U.S. economy is going to need some sort of help in the form on intervention in the fourth quarter. Steen believes that even though quarter two was a failure, Bernanke will continue to defend the easing concept, despite his reputation is on the line. Bernanke is expected to claim that without the easing concept, the situation would have probably ended up being much worse.

A press conference by Jean-Claude Trichet the European Central Bank President, will follow that of Bernanke. He is also expected to defend the bank’s previous actions in raising rates, despite receiving heavy criticism that this was out of sync with the rest of Europe.

Steen states that the hope is that Trichet will now come up with some real solutions for the Eurozone’s economic problems. This should hopefully mean the Eurozone will lean more towards solidarity and consolidation, thus getting rid of the pointless political battles which have been making the problems worse.

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TradingFloor.com, the home of Saxo Bank’s trading commentary, financial research and analysis, has released a video discussing the current dilemma involving the Swiss Franc.

The Swiss Franc has appreciated of late, and therefore so has the focus of what the Swiss Bank and the Swiss government will do to curb this strength, as it is hurting businesses and therefore the Swiss economy.

One of the steps which have been discussed the most is a peg to the Euro; however this is yet to happen, despite much speculation. With the attempts to weaken the currency’s strength possibly only providing temporary relief, it is seen as only a matter of time before more extreme measures, such as a peg to the Euro, are taken.

Ken Veksler, senior manager, Trading Advisory at Saxo Bank discusses his opinions on the likelihood of a peg to the Euro and the effect the Swiss Franc dilemma is having on the Swiss economy.

Veksler believes that a peg to the Euro is an extreme measure, and the likelihood of that happening is fairly minimal. There was a successful attempt made in 1978, where the Swiss Franc was pegged to the German Deutschmark for around 18 months, however, Veksler thinks it will be unlikely that this extreme measure will be taken again, even though the scare in the market in recent days and weeks has made it more of a serious topic than previously thought.

The Swiss government would be unhappy to put a peg to the Euro in place because it would mean a loss of its position as an independent state within a wider UN zone, which they have prided themselves on for quite some time.

Veksler believes that if the peg did come into place the Swiss Bank would have to revert to printing money to allow themselves adequate reserves to put this sort of action into place. However, this is more of a band aid for the problem rather than a full term solution.

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