PRAGUE, CZECH REPUBLIC, October 31, 2008
/24-7PressRelease/ -- Europe's largest distributor of digital news, EIN News, and the currency trading firm Xforex have entered into an advertising agreement to provide more extensive up-to-the-minute news about currency exchange and other aspects of the world of international finance.
The recent market turmoil has triggered a substantial increase in currency trading and, at the same time, a rising need for alternative sources of breaking financial news.
According to Xforex spokesman Mark Leigh, market interest in foreign currency trading rises in times of unrest. "Most people don"t give a second thought to foreign currency until markets collapse. Once that happens, everyone wants to get in on the action," Leigh said. "Though there are bound to be losses, it is actually in these shaky times when many dramatic profits are made."
The French Press Agency (AFP) reported last week that recent financial events have "people flocking to the Internet for the latest money news along with tips on how to salvage investments." EIN News" financial publications have seen a significant rise in subscriptions. EIN News portal Finance Industry Today experienced a 500% increase in traffic during the month of September. Responding to this demand, EIN News recently launched FOREX Trading News Today (
http://forex.einnews.com ) to fill an important gap in financial news coverage.
EIN News was established in Central Europe in 1995, and through the years has built more than 200,000 individual topic news feeds organized within 50 news sites. The company has launched the well-known "Russia Today" brand and opened internet news access to China with "Inside China Today." Offering a unique combination of human editing and proprietary scanning software, EIN News won Europe's coveted Momentum Award as the most innovative internet company on the continent. Serving thousands of customers daily, the company distributes its feeds via email or mobile news alerts, online and other channels such as Newsfeedmaker.com.
For more information:
www.einnews.info
Contact:
Talib Ujjainwala
EIN News
www.einnews.info
press@einnews.com
Europe:
Tel: +420 233 371 538
Fax: +420 233 371 539
U.S.:
Tel: +1 202 318 8905
Fax: +1 202 478 2767
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