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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.

Greenback Weak, Fails to Get Support from US Durable Goods Orders

The US dollar was very weak today, surprisingly so considering very good domestic macroeconomic data. While the greenback managed to retain some of its…

South Korean Won Choppy As Investors Fear Potential COVID-19 Lockdown

The South Korean won is trading choppy in the middle of the trading week as investors begin to weigh the possibility of another lockdown related to the coronavirus pandemic. Despite South…

AUD/NZD Consolidates Around 1.0983

The Australian versus the New Zealand dollar currency pair seems to have entered into a consolidation phase. Is this only a pause of the bullish advancement? Long-term…

Euro Rallies Against US Dollar on German GDP and IFO, Later Falls

The euro today rallied higher against the US dollar boosted by positive investor sentiment as the US and China reported progress in the latest round of trade talks.…

South African Rand Extends Winning Streak As Global Sentiment Improves

The South African rand is extending its winning streak against the US dollar as it continues to find support in global foreign exchange markets. With…

Bulls Might Try a New March Towards 1.3261 on GBP/USD

The Great Britain pound versus the US dollar currency pair, although it was indecisive, seems to be searching to channel its momentum towards a direction.…

USD/CNY Drops As PBoC Injects More Liquidity Into Economy

The Chinese yuan is enjoying another session of modest gains to start the trading week, with much of the strength coming at the expense of the US dollar. The yuan’s ascent…

NZ Dollar Firm amid Positive Market Sentiment, Ignores Historic Drop of Retail Sales Values

The New Zealand dollar traded higher against the vast majority of most-traded currencies today, including other commodity currencies, which themselves were firm thanks…

Bears Joining Forces on AUD/USD from 0.7275 High?

The Australian versus the US dollar currency pair seems to be making appreciation attempts in vain, as each of them is immediately met by a decisive retracement. Long-term…

Sterling Pound Crashes Against the Dollar as Risk Appetite Dissipates

The Sterling pound today crashed against the US dollar as investor sentiment turned decisively bearish favouring the safe-haven greenback, which rallied. The GBP/USD currency pair…

USD/CHF Rises As SNB, Others Wind Down Dollar Liquidity Operations

The Swiss franc is rising to finish the trading week as the Swiss National Bank (SNB) announced that central banks are scaling back their US…

USD/JPY Faced with the 107.00 Resistance

The US dollar versus the Japanese yen currency pair seems to be indecisive, but there are some signs that the bears could already be…