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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.

Australian Dollar Rises Despite Deteriorating Consumer Sentiment

The Australian dollar rose today even though macroeconomic data showed that the consumer sentiment was deteriorating. In fact, the Aussie was the strongest currency on the Forex…

Canadian Dollar Rallies on BoC Rate Decision and Biden Inauguration

The Canadian dollar today rallied higher against its US peer after the Bank of Canada left interest rates unchanged with a bullish economic outlook.…

Bear Pressure on AUD/NZD from 1.0826

The Australian pound versus the New Zealand dollar currency pair hit an important area, 1.0826. Are the bears just around the corner? Long-term perspective From…

USD/CAD Struggles for Direction Amid Oil Rebound, Disappointing Manufacturing Sales

The Canadian dollar is struggling for direction against its US counterpart on Tuesday, with the loonie finding support from a rebound in crude oil prices after…

Euro Rallies on Upbeat Sentiment, Positive Data, and Yellen Testimony

The euro today rallied higher against the dollar fueled by the risk-on investor sentiment and positive macro releases from various European dockets. Janet Yellen’s testimony…

Bulls Showing a Comeback from 1.3519 on GBP/USD?

The Great Britain pound versus the United States dollar currency pair seems to be surprised by the bulls. Will they be able to steer the price for the medium…

Chinese Yuan Slides As Q4 GDP Falls Short of Estimates

The Chinese yuan weakened against its US currency rival to start the trading week as economic growth fell below market expectations. Despite the gross domestic…

Pound Falls on Risk-Off Mood, Later Rallies on COVID-19 Vaccine Progress

The Sterling pound today fell against the dollar amid slow trading conditions occasioned by the lack of major releases from the UK and US dockets. The GBP/USD currency…

AUD/USD Topping at 0.7820?

The Australian versus the United States dollar currency pair seems to be having some trouble continuing the rise. Is this the end of the growth? Long-term perspective…

British Pound Falls on Weak UK Macro Reports, Despite Upbeat GDP Data

The Sterling pound today fell against the dollar despite the release of the upbeat UK GDP growth monthly estimate as other key macro indicators missed expectations.…

USD/CNY Flat As Investors Brace for 2020 GDP After Exports Soar

The Chinese yuan is trading relatively flat against its US peer to close out the trading week. China cheered the news that exports popped…

Euro Plunges Against Dollar on Weak Eurozone Trade Balance Data

The euro today fell against the resurgent dollar following yesterday’s speech by Jerome Powell saying that it was too early to consider tapering of the Fed’s…