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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 Weak on Interest Rate Cut Outlook

The Australian dollar was one of the weakest currencies on the Forex market during Wednesday’s trading. The Aussie fell even against its New Zealand counterpart, which…

Euro Rallies Against Dollar, Later Falls on Dovish Sentiment

The euro today extended its losing trend against the much stronger US dollar driven by the release of mostly negative euro area PMI prints by Markit…

US Dollar Among Strongest on Coronavirus Fears

The US dollar was firm today, battling with the Great Britain pound for the title of the strongest currency during Wednesday’s trading. Market analysts explained the strong…

Japanese Yen Mixed amid Signs of Economic Slowdown

The Japanese yen was mixed today despite the relatively negative sentiment amid investors. Usually, the yen rallied amid risk aversion due to its status…

Rise on GBP/CAD Halted at 1.7156?

The Great Britain pound versus the Canadian dollar currency pair seems to have ceased the appreciation phase. Is this only a small correction? Long-term perspective…

NZ Dollar Forecast for Week of September 21-25

The New Zealand dollar rallied strongly since the last year, though it was moving sideways since the summer months of this year. Last week…

Chinese Yuan Tests 6.7 As PBoC Leaves LPR Unchanged, Injects More Liquidity

The Chinese yuan is continuing to make gains against the US dollar on Tuesday ahead of the manufacturing and non-manufacturing purchasing managers’ index (PMI) readings. The yuan, which…

Pound Falls Against Dollar on Brexit and New UK COVID-19 Rules

The Sterling pound today fell against the US dollar as investors remained wary of the current state of post-Brexit trade talks with the rising chances of a no-deal scenario.…

Next Target on GBP/USD: 1.2514?

The Great Britain pound versus the US dollar currency pair, after the last drop, seems to be governed by the bears. Can the bulls turn the situation in their…

US Dollar Spikes As Investors Flee Market Selloff, Seek Safe-Haven Shelter

The US dollar is rallying against most of its currency competitors to kick off the trading week. The greenback, which has cratered about 10% since…

AUD/USD Challenged by the 0.7320 Resistance Area

The Australian versus the US dollar currency pair wants to continue the appreciation, but it seems to be limited by the 0.7320 resistance. Is this the end of the road…

US Dollar Ends Confusing Week Mixed

The past trading week was rather confusing, with many currencies moving in unexpected directions. For example, the Japanese yen and the Swiss franc are both considered…