FirewoodFX has just added a forex news update facility with predictions and recaps of fundamental data per session. This will further support the ease of trading at FirewoodFX, which was previously supported by various trading features.

Data Reviews and Recaps

FirewoodFX has added a "Forex Market News" section to complement its clients' trading analysis. Uniquely, the news displayed in this section is classified based on the trading session. Traders can also see a preview and recap of daily fundamentals at this new FirewoodFX facility.

In each trading session, there are "Economic Data Ahead" and "Key Events Ahead" sections which can be used as a preview of fundamental data, and there is also an "FX Recap" which reviews conclusions from trading conditions in the previous session. Meanwhile, "Market Roundup" displays a collection of fundamental forex news that influenced price movements in the previous market. Thus, FirewoodFX traders are informed of the data releases and receive a complete analysis of the review and evaluation of the fundamental data.

There are also FX Market Briefs posts that list the most important forex news releases from a session. Traders who want to focus on getting information in a concise, clear, and structured manner can use this section to meet their analysis needs.

Complements Other Trading Services

Even though it still appears to be in the development stage, Forex Market News from FirewoodFX has provided information services that not only convey forex news but also provide previews and data recaps to be used in the fundamental analysis of its clients.

This update shows that even though it is still relatively new, FirewoodFX deserves to be in the ranks of the forex brokers that provide promising trading services. Previously, this broker had features such as fixed spreads, a fixed rate for Rupiah, FirewoodFX deposit withdrawals via local banks, and unlimited trading freedom.