eToro’s Forex Blog Introduces Multi-Lingual Weekly Market Revues

(I-Newswire) September 9, 2009 - In the short time since its launch, eToro.net has already managed to secure a reputation as a reliable and up to date source of forex market information. Although operated by the eToro forex trading platform, the blog is free to access for any forex trading enthusiast looking for a fresh batch of forex market news and expert analysis. The blog offers daily currency price movement analysis, economic announcement commentary and expert opinions on current macro and micro market trends. This type of information is invaluable to any serious forex trader who wants to take major market forces into consideration when deciding on future trading strategy.

Unfortunately, many traders today find themselves challenged by a language barrier when seeking relevant forex market information. Even na?ve English speakers can sometimes find professional market commentary confusing as best, since financial analysts are famous for using a lingo all of their own. eToro.net has already tackled the English language problem by presenting market analysis in simple everyday language, understandable both to forex experts and novices. Now eToro.net has also taken upon itself to cater to the non-English speaking forex community by providing weekly market commentaries in German, French, Italian, Arabic and Spanish.

“Being a leader in the online forex trading industry comes with certain responsibilities, one which is to keep updating your offering in order to keep up with the industry’s progress and the ever changing needs of your growing client base,” said eToro CEO Jonathan Assia. “We have already recognized that most of our clientele are not native English speakers and have applied this realization to our platform very successfully in that eToro is now fully available in over seven languages. Adding the multi lingual market reviews to our blog was simply a matter of realizing that our international users may also want to read up on the forex market.”

The weekly market reviews consist of in depth analysis of the week’s major currency trends, including conclusions regarding the future based on these past trends, commentary and predictions regarding past and upcoming economic announcements, and expert opinion on macroeconomic decisions and events. This mix of forex market data supports both the fundamental and technical approaches to forex market analysis and can help traders worldwide to determine their trading decisions for the coming week. With the decision to add multi-lingual support to their forex blog, eToro.net is now transitioning from an eToro platform supplement into a full-fledged independent forex news source.

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