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FX24.com

FX24 was founded in December 1989 by its present CEO and Chief Currency Analyst, Howard Wright.

Howard Wright's analytical techniques have evolved over the years from his experience as a currency trader. Considered a radical by many in the business of Foreign Exchange, Wright does not regard himself as either a chartist, or a fundamentalist.

He believes the term technical analysis to be a misnomer, as it implies that the study of price movement is a science, when in truth it is a concept. He argues that, in the world of currencies and commodities, the laws of physics do not apply. What goes up does not necessarily come down again, and vice-versa (a point best illustrated by the Japanese Yen which, back in 1882, was trading at parity against the US Dollar).