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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.

Gold in Demand Amidst Coronavirus Fears, $1568 Key

Given global developments so far this year, traders have already gotten crash courses in diverse fields from climate science to…

Double Whammy for CAD/JPY

The CAD/JPY has taken a big hit this week due to both a weakening Canadian Dollar and a stronger Japanese…

Japanese Yen Rallies on Returning Fears of Coronavirus

The Japanese yen gained against most other major currencies today, with the exception of the Australian dollar, which got a boost from domestic employment data.…

Australian Dollar Emerges Strongest After Employment Report

The Australian dollar rallied against all other of its most-traded rivals, even the Japanese yen, which itself was rather strong. The main reason for the Aussie’s…

Mexican Peso Weakens As IMF Slashes Growth Estimates

The Mexican peso is weakening against several currencies on Thursday as the International Monetary Fund (IMF) cut its growth projections for the country. This comes as the unemployment…

Euro Falls on ECB Rate Decision and Dovish ECB Strategic Review

The euro today crashed to new monthly lows against the US dollar after the European Central Bank announced its rate decision and strategic review. The EUR/USD…

Sterling Remains Strongest After CBI Manufacturing Report

The Great Britain pound continued to be the strongest currency on the Forex market thanks to domestic macroeconomic data. Today, a manufacturing report from the Confederation of British Industry…

AUD/NZD May Try a Turn Towards 1.0530

The Australian dollar versus the New Zealand dollar currency pair gives some signs that an appreciation is not that far from the realm of possibility.…

Dovish BOC Sends USD/CAD Soaring

The Bank of Canada met earlier today and left its benchmark interest rate unchanged at 1.75%, as expected.  However, the…

AUD/USD Between a Rock and a Hard Place Ahead of Employment Data

Australian employment data for December is due out in a few hours and expectations for the Employment Change are +16,000…

Euro Struggles to Rally Amid Davos Forum and Coronavirus Threat

The euro today struggled to rally against the US dollar as the World Economic Forum drags on in Davos, Switzerland. The EUR/USD currency pair today fell to new 2020…

Canadian Dollar Rallies on Inflation Report, Crashes on BoC Rate Decision

The Canadian dollar today rallied against its US counterpart in the first half of today’s session driving the USD/CAD to its daily lows boosted by in-line inflation…