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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.

Japan’s Macroeconomic Data Mixed, Yen Gains

The Japanese yen rallied against the vast majority of other most-traded currencies today. Together with the strong bounce of the US dollar, that suggests that the market…

Sterling Falls Despite Upbeat UK Inflation As Dollar Rallies on Stimulus Hopes

The Sterling pound fell against the dollar despite the release of upbeat UK inflation data as the greenback remained supported by the rising US Treasury yields. The GBP/USD currency…

USD/CAD Rises on Strong Retail Sales, Industrial Output in January

The US dollar rose against some of its major currency peers in the middle of the trading week as financial markets failed to react positively to strong retail sales…

Euro Plunges Against Buoyant Dollar on Upbeat US Retail Sales and PPI Data

The euro fell against the resurgent dollar buoyed by rising US Treasury yields and upbeat US retail sales figures amid a mostly empty European docket.…

Bears Tried to Step In on AUD/NZD from 1.0773

The Australian versus the New Zealand dollar currency pair seems to be under some bearish pressure. Is this the end of the rally that commenced from…

Australian Dollar Flat After RBA Minutes Provide No Surprises

The Australian dollar rose a bit at the start of Tuesday’s trading session but has retreated to trade near the opening level at the time of writing. The Aussie dropped versus…

Japanese Yen Falls on Monetary Policy Outlook, Tries to Recover

The Japanese yen fell intraday but reversed its movement afterward, managing to erase losses against a few of its rivals and trim them against others.…

Euro Gains as GDP & ZEW Economic Sentiment Beat Expectations

The euro rose today on the back of better-than-expected macroeconomic releases in the eurozone. The shared 19-nation currency gained against all of its most-traded rivals, except for the New Zealand…

Russian Ruble Slips on Higher Producer Prices, Capped by Energy Rally

The Russian ruble weakened against its US peer on Tuesday as higher producer prices and weaker industrial production weighed on the currency. The ruble has recorded modest…

Canadian Dollar Falls Against US Dollar on Weak Oil Prices, COVID-19 Fears

Today, the Canadian dollar fell against its US competitor driven by the falling crude oil prices and the rising US Treasury yields that boosted the greenback.…

GBP/USD on Its Way to 1.4122

The Great Britain pound versus the United States dollar currency pair seems to be in a phase in which the momentum thrives. Until where will it last?…

Japanese Yen Weak as Trading Starts with Optimism

The Japanese yen was very weak today, demonstrating significant losses against all other most-traded currencies. Analysts explained the weakness by the market sentiment that…