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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.

Sterling Weak as Britain Prepares for Lockdown

The Great Britain pound was soft today, though it managed to gain on the Swiss franc. The major source of the sterling’s weakness was the news that the country…

Bulls to Test 0.7010 on AUD/USD

The Australian versus the United States dollar currency pair is at the 0.7010 support level. Will the bulls have the strength to secure another rise? Long-term perspective…

US Dollar Profits from Risk Aversion, Ending October Strong

The US dollar and the Japanese yen were the strongest currencies on the Forex market during the last week of October, rallying on the back of risk aversion. The euro was among…

Japanese Yen Fails to Keep Gains

The Japanese yen rallied during Friday’s trading session. Market analysts explained the rally by risk aversion ahead of the US presidential election as well as by mostly positive…

Australian Dollar Rises on Decent Domestic Economic Reports

The Australian dollar was trading flat against major currencies today. While domestic macroeconomic data released in Australia on Friday was decent, worries and uncertainty…

Euro Trades Sideways Despite Upbeat Euro Area GDP Reports

The euro today initially fell against the US dollar despite the release of positive eurozone GDP data and other GDP reports from across the euro area.…

Canadian Dollar Flat As Investors Weigh August GDP, Crashing Oil Prices

The Canadian dollar is struggling for direction against a plethora of currencies at the end of the trading week as investors balance a slightly better-than-expected gross domestic product (GDP) in August…

Swiss Franc Soft After Poor Economic Data

The Swiss franc was either flat or lower against the majority of most-traded currencies today even though markets were under influence of uncertainty and risk aversion.…

Correction or Change from the 104.02 Low on USD/JPY?

The United States dollar versus the Japanese yen currency pair bounced off the 104.00 psychological level. Who will steer the price from here? Long-term…

US Dollar Gets Direction on Better-Than-Expected GDP, Initial Jobless Claims

The US dollar is looking to extend its gains against several major currency rivals on Thursday after a plethora of data pointed to a strengthening economy for the world’s…

Euro Falls to 5-Week Lows As ECB’s Lagarde Promises More Stimulus

The euro today fell to 5-week lows against the US dollar after the European Central Bank Governor promised to introduce new stimulus measures next month.…

Pound Falls to 10-Day Lows on UK COVID-19 Cases, Risk-Off Mood

The Sterling pound today fell to new 10-day lows against the US dollar driven by the risk-off market sentiment amid rising UK coronavirus cases and the ongoing…