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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.

Fight to Safety on Slow Data Day

Germany released its IFO data earlier today, with the headline business climate number coming out worse than at 95.9 vs…

Ripple Effects of Coronavirus

The Coronavirus is having fallout effects on other markets besides those related to China, Southeast Asia, and even global stock…

Chinese Yuan Plunges to 2020 Low As Coronavirus Spreads

The Chinese yuan is plunging to its lowest level of 2020 as the Wuhan coronavirus outbreak intensifies. Despite the world’s second-largest economy showing signs of a rebound, the consensus…

Euro Mixed amid Spreading Coronavirus Fears, Worsening German Business Climate

The euro was mixed today amid spreading fear of the coronavirus that has started in China. The shared 19-nation currency fell versus its safe counterparts…

AUD/USD Set His Destination for 0.6700

The Australian dollar versus the US dollar currency pair was not able to maintain its ground above 0.6850. As a consequence, the south is the current destination,…

Bonds Aren’t Believing the Decent PMIs, Concerned about Coronavirus?

Outside of the United States, flash PMIs were generally better than expected with only the EU Services and Composite dragged…

OIL MARKET WEEK AHEAD: Virus, Tesla and Hedge Fund Positioning

China will celebrate its New Year festival for the best part of next week, trying for a few days to…

Week Ahead: Coronavirus, FOMC, BOE, and Brexit

Wow! I’m sure not many people expected a risk off move this week due to the outbreak of a virus! …

Pound Falls on BoE Rate Cut Fears, Despite Positive UK Flash PMIs

The Sterling pound today succumbed to pressure and fell from its daily highs despite the release of upbeat UK flash PMIs by Markit Economics in the early London…

Canadian Dollar Weakens Despite Strong November Retail Sales

The Canadian dollar is weakening against most major currency competitors to close out the trading week. Despite retail sales coming in stronger than expected…

USD/JPY Halted by 110.29

The US dollar versus the Japanese yen currency pair retraced quite strongly from the 110.29 resistance level. Is this a clue that the bulls are…

ECB Meeting Offers Little New Information

The European Central Bank released its interest rate decision today and left key interest rates unchanged at 0%, as well…