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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.

EUR/USD Ends Week Higher

EUR/USD ended the week with solid gains. The US dollar was the weakest major currency on the Forex market during the week. The euro, on the other hand, was…

Japanese Yen Soft After Economic Data, Japan-UK Trade Agreement

The Japanese yen was trading either flat or lower against most other currencies, though it managed to gain on the US dollar. Japanese macroeconomic data…

Turkish Lira Tests Fresh Record Low of 7.9 As Central Bank Leaves Rates Unchanged

The Turkish lira tested a fresh record low of 7.9 to close out the trading week, one day after the central bank surprised analysts and left interest…

104.34 Low on USD/JPY a Double-Edged Sword?

The United States dollar versus the Japanese yen currency pair, at this moment, may very well be treasured by both bulls and bears. However, only…

German Consumer Climate Deteriorates, Euro Weaker as Traders Expect Fiscal Stimulus in USA

The euro fell against the US dollar and was trading flat or lower versus other most-traded rivals. Market analysts thought that the euro’s weakness was…

US Dollar Struggles for Direction As New Jobless Claims Fall Below 800k

The US dollar is looking for direction on Thursday as initial jobless claims and the Congress unable to strike a coronavirus stimulus and relief deal. The greenback has been trending…

Chances for Bulls to Validate 1.7285 as Support on GBP/CAD?

After the rally to 1.7285, would the level cede in front of the bullish momentum or serve as the perfect spot for the bears to short the market at a very good price? Long-term perspective…

Turkish Lira Strengthens to Two-Week High as Markets Bet on Rate Hike

The Turkish lira is strengthening to its best level in two weeks against the US dollar. The lira, which recently crashed to a fresh all-time low, is…

Bulls Searching for Support at 1.0707 on AUD/NZD?

The Australian versus New Zealand dollar currency pair retraced until the 1.0707 level. Are the bulls able to pull off another rise? Long-term perspective…

US Dollar Erases Gains As Nancy Pelosi Says Stimulus Deal Possible by Day’s End

The US dollar erased its gains on Tuesday and deepened into negative territory after House Speaker Nancy Pelosi revealed that a coronavirus stimulus and relief…

GBP/USD Encountering Bearish Resistance at 1.3000?

The Great Britain pound versus the United States dollar currency pair seems to limit the bullish efforts. Are the bulls out of steam? Long-term perspective The rally…

Chinese Yuan Strengthens Against USD on Upbeat GDP, Retail Sales

The Chinese yuan reversed its recent downward trend against the US dollar to kick off the trading week, breaking below 6.7 on positive economic data.…