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Factors To Consider When Choosing A Broker For Trading At Forex Market

With such a diverse selection, picking a reliable broker is a daunting task, but there are some universal tips which will help to make the right decision.

Why May Your Broker Refuse To Withdraw Money?

Why can a broker be reluctant to pay money out and what shall you do retrieve your earnings?

How To Detect A Reliable Broker From A Bad Actor?

If you think of becoming a trader, start your carrier not with learning the Forex basics but with learning how to distinguish trustworthy brokerages from shady operators.

Week Ahead: Have We Seen the Top in Coronavirus Cases?

Next week will be a pivotal week in terms of discovering if the rate of increase has topped on the…

Euro Hits New 2020 Lows on Mixed German Data, Ahead of US NFP

The euro today fell to new 2020 lows against the US dollar in the early European session following the release fo mixed data from the German docket.…

US Dollar Jumps on Strong January Jobs Report

The US dollar is soaring against many major currency rivals to close out the trading week, driven by a better-than-expected January jobs report. This comes…

Canadian Dollar Falls on Weak Oil Prices, Despite Upbeat Jobs Report

The Canadian dollar today fell against the US dollar following the release of mixed Canadian jobs data and the upbeat US non-farm payrolls report. The USD/CAD currency…

USDJPY Rally Challenged by the 110.00 Level

The US dollar versus the Japanese yen currency pair may have extended a little too much in a very short timespan. Long-term perspective After confirming…

Update: Dr. Copper is Sick

On January 28th, I wrote an article titled “Dr. Copper is Sick”.  On that date, the price of copper was…

NFP Preview: Will the Blowout ADP Reading Translate into NFP?

Background Every month, we remind traders that the Non-farm Payrolls report is significant because of how it impacts monetary policy.…

DXY Strong Despite Appetite for Risk

Many times, when there is a risk on move, such as the one we saw this week in equities, there…

Euro Flat-to-Higher Despite Slump of German Manufacturing Orders

The euro was flat today and even gained on some of its rivals despite the slump of German manufacturing orders. The likely reason for the decent performance was the positive…

Chinese Yuan Rebounds on Expected Stimulus, Cut in Tariffs

The Chinese yuan is rebounding on Thursday as reports suggest that the central bank will unleash additional stimulus to contain the Wuhan coronavirus’ impact on the world’s second-largest…

Czech Koruna Rallies After Interest Rate Hike

The Czech koruna rallied today after the nation’s central bank surprised markets, raising interest rates despite the threat of a global economic slowdown. Currently, the currency…

US Dollar Gains After Positive Economic Reports

The US dollar rallied today following better-than-expected macroeconomic releases in the United States. Now, traders wait for tomorrow’s nonfarm payrolls. The major piece of news today…