Phoenix Media Group Releases Foreign Currency Exchange Site Forex-Rates.biz

San Jose, Costa Rica (PRWEB) August 27, 2007 -- Phoenix Media Group has just released its latest website directed at the forex trading market.

Their latest offering, www.forex-rates.biz, is a free site that tracks values of 48 different currencies, for a grand total of 2,304 total currency pairs.

Completely free of charge, users can compare current currency values, one against another. Rate information includes historical performance charts, and even allows users to sign up for a free alert service that will notify them by e-mail when their chosen currency rises or falls in value in comparison with another currency, allowing the user to customize the percentage of the price change.

The information provided on the site is useful to businesses that deal in multiple currencies, such as importers and exporters, that need to manage their foreign currency exposure and risk in order to maximize profits. Travelers visiting other countries can track their own currency value against the currency of the country they are visiting so as to more intelligently plan expenditures.

Forex traders can make good use of the charts to identify market trends, and will find the alert services especially useful to notify them of the ideal timing for taking a position -- which they might have otherwise missed, unless they were spending their time staring at the trading screen.

In a global financial marketplace, information is key. Forex-rates.biz gives you the information you need to stay competitive, maximize the value of your currency while traveling and trade intelligently.

For more information visit http://www.forex-ratex.biz

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This press release has been reprinted from PRWEB per the terms and conditions of the copyright notice.

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