CMS Forex, one of the world’s largest online currency trading institutions, is releasing its 2006 Forex Forecast today. The Forex Forecast explains that the volatile situation in the Middle East might have a dramatic affect on the currency market this year. CMS Forex’s 2006 Forex Forecast explains that on January 20th the Israeli Defense Minister announced that Israel would use all necessary means to prevent Iran from developing nuclear weapons. In 2005, the price of gold increased 18%, reaching a 25-year high. CMS Forex 2006 Forex Forecast predicts a further rise this year to $ 550 per troy ounce. This turn of events was mainly a result of China’s announced diversification of its reserves from U.S. Dollars into gold, CMS Forex’s forecast states. CMS Forex writes in its 2006 Forex Forecast that the U.S. economy will be a major influence on the 2006 currency market. CMS Forex’s 2006 Forex Forecast highlights that the demand for the Dollar will depend on the progress of the war in Iraq. The complete version of CMS Forex’s 2006 Forex Forecast is available on
About CMS Forex
CMS Forex is one of the world’s largest online currency trading institutions. Having achieved 800% revenue growth in the past three years, CMS Forex has secured itself and its clients for the future. Since its founding in 1999, CMS Forex has striven to serve the emerging retail segment of the Forex community. Through its commitment to providing user-friendly, innovative technology, fair dealing practices, and excellent customer service, CMS Forex has quickly become a major force in today’s Forex arena.
CMS Forex’s mission is provide the most relevant and powerful trading technology to clients in the most convenient, user-friendly platform – providing a customizable interface that allows chart-based trading, customizable 100+ tools and technical indicators, and up-to-the-minute Forex news. CMS Forex is dedicated to the protection of traders’ investments and is proud to be a registered Futures Commission Merchant (FCM), a member of the National Futures Association (NFA) (Member ID# 0313199) and to be regulated by the Commodity Futures Trading Commission (CFTC).