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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 Rallies Against Dollar on Brexit Optimism and UK GDP

The Sterling pound today rallied against the weak dollar ignoring the uncertainty surrounding the Brexit talks as investor sentiment remained decidedly bullish. The GBP/USD currency pair…

USD/KRW Unchanged As Data Disappoints Struggling South Korean Economy

The South Korean won is trading sideways against the US dollar on Tuesday as the national economy failed to improve in August as the effects of COVID-19 continue to linger in one…

Euro Rallies to 1-Week Highs Driven by Investor Risk Appetite

The euro today rallied against the US dollar despite the release of mixed macro prints from across the euro area driven by the resurgent investor risk appetite.…

Australian Dollar Gains on Improving Sentiment, Changing Outlook for Interest Rate Cut

The Australian dollar was extremely strong on Monday, second only to the Great Britain pound. There were two likely reasons for that. The first one was…

Bulls Back on GBP/USD from 1.2675?

The Great Britain pound versus the US dollar currency pair seems to have shifted the course. Is this the real thing, or it’s just the bears preparing…

Chinese Yuan Looks to Test 52-Week High as PBoC Pumps More Liquidity

The Chinese yuan paused its rally last week after touching a 52-week high of 6.75 against the US dollar. The yuan is looking to restart its…

Sterling Firms on Brexit Optimism, Monetary Policy Outlook

The Great Britain pound was the strongest among the major currencies on the Forex market today thanks to comments from a central bank official and hopes for a trade deal…

AUD/USD Touched 0.7010. Are the Bears Done?

The Australian versus the US dollar currency pair seems to be in bearish hands. Are the bulls anywhere near? Long-term perspective The appreciation from the 0.5701 low…

Risk Aversion Helped Greenback End Week Strongest

The US dollar ended the trading week as the strongest currency on the Forex market thanks to risk aversion. The Australian and New Zealand dollars were the weakest due to the outlook…

The Great Britain Pound Drops Despite Positive News Headlines

The Great Britain pound was extremely weak today, falling against all other major currencies, even the Australian and New Zealand dollars, which were…

USD/MXN Rises As Mexican Central Bank Cuts Interest Rates Again

The Mexican peso is struggling to find support against several major currency rivals after the central bank cut interest rates for the 11th consecutive month.…

Euro Falls to 2-Month Lows As Investors Remain Risk Averse

The euro today fell to 2-month lows against the US dollar driven by negative investor sentiment as coronavirus cases in Europe and across the world continue to rise. The greenback’s…