FX360.com
(4.9 stars)
FX360.com, a project by Kathy Lien and Boris Schlossberg, Directors of Currency Research at GFT. The purpose of FX360.com is to provide you with one-stop access to the meticulous research and knowl...
Bloomberg
8/23/2009
- Pros:
- None
- Cons:
- None
- Bottom Line:
- No, I would not recommend this to a friend
- Quote:
- In terms of relevance to the Forex market, Bloomberg is pretty lame. They discuss a very wide-ranging set of financial issues and of course, any and all economic news is relevant to Forex to some degree because the imbalance between economies drives price change, but in reality Bloomberg TV is not a valuable resource for an active Forex Trader. On data releases for example they are always a couple of minutes behind, as they line up some suit with a bouffant hair-style to analyse what it means for the markets, but primarily this service is aimed at investors in equities and similar.
The Bloomberg trading terminal is a completely different animal and a great tool, but Bloomberg TV is just shiny ladies talking about generalities in the financial markets. It isn't going to help you make winning trades guys, shiny though the ladies are!
Nice to have on in the background, but get a FX news squawk-box or something like it if you need to be kept abreast of what's really going on.
