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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.

Great Britain Pound Strong on Hopes for Brexit Deal

The Great Britain pound rose today, emerging as the strongest currency on the Forex market on Monday. The most likely reason for the sterling’s amazing performance was hopes for a trade…

Bulls Still on Course to 0.7587 on AUD/USD?

The Australian versus the US dollar currency pair seems to be escaping the bearish force that rests between the 0.7300 and 0.7400 areas. Did the bears really…

Euro Rallies to 3-Month Highs on Upbeat Euro Area Data Releases

The euro today rallied to new highs last seen on September 1st against the weak dollar boosted by upbeat macro reports from the euro area. The EUR/USD…

USD/INR Tops 74.00 As Q3 GDP Contracts, COVID-19 Infections Jump

The Indian rupee is weakening against its US peer at the end of the trading week, driven mostly by the continuing economic contraction and the rising number of coronavirus infections.…

Did the Bears Clear the 105.09 Level on USD/JPY?

The US dollar versus the Japanese yen currency pair seems to be set for 103.15. Is this really so? Long-term perspective After it peaked…

NZ Dollar Stable During Thursday’s Quiet Trading

The New Zealand dollar was stable today. While it moved a little lower against some of its rivals, the kiwi for the most part did not…

Aussie Flat, Ignores Negative Domestic Macroeconomic Data

Macroeconomic data released in Australia on Thursday was not good but that hardly affected the Australian currency. The Aussie was trading flat against all…

Chinese Yuan Firms As PBoC Signals Flexible, Targeted Monetary Policy

The Chinese yuan is firming against multiple currency peers during the quiet holiday Thanksgiving trading session. The yuan has been strengthening since peaking…

Euro Plunges on Weak German GfK Survey and Dovish ECB Minutes

The euro today fell against the dollar following the release of the weak Germany GfK survey early in the European session combined with the risk-off market sentiment. The EUR/USD…

GBP/CAD Closing In on the 1.7567 Resistance

The Great Britain pound versus the Canadian dollar currency pair seems to be on its way to the main objective of 1.7567. Long-term perspective After the false piercing…

US Dollar Quiet Ahead of Thanksgiving As Investors Assess Data, FOMC Minutes

The US dollar is trading relatively flat against multiple major currency peers, mainly due to the plethora of mixed economic data that were released…

Bears Pausing or Preparing Sharp Resume on AUZ/NZD?

The Australian versus the New Zealand dollar currency pair seems to be under decisive bearish dominance. Can the bulls make their way to 1.0707? Long-term…