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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.

The Impact of the Coronavirus on USD/CNH

As the Chinese markets remain closed for the Lunar New Year Holiday, which was recently extended until February  2nd, the…

Swiss Franc Gains on Record Trade Surplus in 2019

The Swiss franc is strengthening against several currency rivals midweek as the country recorded its highest ever trade surplus in 2019. The latest data may…

Euro Trades at 3-Month Lows Against US Dollar Ahead of FOMC

The euro today fell against the US dollar reversing yesterday’s brief recovery despite mixed releases from the euro area, which were utterly ignored.…

Dr. Copper is Sick

As with any asset, when the price is higher, there is more demand.  When the price is lower, there is…

AUD/JPY Could Head for 71.09

The Australian dollar versus the Japanese yen currency pair sits just under an important support area. Will this phase be rendered as a false break…

EUR/USD Slightly Leading DXY

Since January 1st of this new year, the US Dollar Index (DXY) has been on a one way move higher. …

FOMC Preview: Will Powell Open the Door to a Summer Rate Cut?

With traders hyper focused on the latest coronavirus updates and earnings from top-tier technology companies, this month’s Federal Reserve monetary…

Australian Dollar Falls on Risk Aversion, Deteriorating Business Confidence & Conditions

The Australian dollar fell against most major currencies today, with the exception of the Great Britain pound and the New Zealand dollar. The market sentiment remained in the risk-off…

Euro Breaks Below 1.10 on Mixed US Data and Risk-Off Sentiment

The euro today fell for the fourth consecutive session against the US dollar as the risk-off sentiment dominated the markets in the face of new coronavirus infections. The EUR/USD currency pair…

US Dollar Falls Against Rivals on Weaker Business Investment in 2019

The US dollar is falling against its major currency rivals on Tuesday as new data highlights an uncomfortable truth for the world’s largest economy: Business investment…

AUD/CAD Could Be on Its Way to 0.8835

The Australian dollar versus the Canadian dollar currency pair was brought by the bears at the 0.8918 support. Will it have the necessary strength for a strong upwards leg?…

Japanese Yen Halts Rally, Risk Aversion Persists

The Japanese yen fell against a range of currencies today, even including some commodity-related ones. The possible reason for the retreat was profit-taking after the previous big…