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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.

New Zealand Dollar Soft After Services Sector Demonstrates Accelerating Contraction

The New Zealand dollar was rather soft today, opening sharply lower and struggling to regain its footing. That is despite the market sentiment that…

USD/INR Struggles for Direction Amid Higher Inflation, Exports

The Indian rupee struggled for direction against its US peer to start the holiday-shortened trading week. The rupee has benefited from greater risk tolerance in the broader…

Great Britain Pound Gains on Lockdown Exit Hopes

The Great Britain pound rallied today, gaining against all other most-traded currencies. The main driver for the sterling’s gains was hope that Britain will…

Euro Falls amid Slow Vaccine Rollout, Declining Industrial Production

The euro fell against the majority of most-traded currencies today, though managed to keep its previous gains versus the US dollar and extend the rally against the Japanese…

Canadian Dollar Strong on Back of Positive Data, Crude Oil

The Canadian dollar was strong today, rising against many of its rivals. The major reasons for the currency’s rally were positive domestic macroeconomic releases and a rally…

Euro Forecast for February 15-19, 2021

The euro started the trading week on a weak footing, falling against many of its most-traded counterparts. The EUR/USD currency pair has been trading about flat.…

Bulls Returned, Set for 0.7914 on AUD/USD?

The Australian versus the United States dollar currency pair seems to have the 0.7914 area in focus. Are the bears just going to stand aside? Long-term perspective…

NZ Dollar Weakest Despite Strong Economic Data

The New Zealand dollar was extremely weak today despite positive domestic macroeconomic data. In fact, the kiwi fell against all of its most-traded rivals.…

Pound Falls Against Dollar Despite Upbeat UK GDP Data, Rallies Briefly

Today, the Sterling pound fell against the dollar despite the release of upbeat UK macro data as investor sentiment towards the pound remained bearish. The dollar’s recovery…

USD/TRY Flat Amid Strong Factory Activity, Lira Posts Weekly Gain

The Turkish Lira flatlined against its US peer to finish the trading week as disappointing economic data put the brakes on the currency’s rally. But the lira is…

Bears Back on USD/JPY from 105.76 High?

The United States dollar versus the Japanese yen currency pair seems to be dominated by the bears. Are the bulls going to step in? Long-term perspective After…

DXY Extends Weakness As Initial Jobless Claims Near 800k

The US dollar added to its weekly decline on Thursday after initial jobless claims came in higher than market forecasts. With nearly 800,000 people…

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