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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.

Euro Surges to 2-Year Highs Against the US Dollar, Later Retreats

The euro today rallied to new 2-year highs against the US dollar mainly driven by the latter’s overall weakness as tracked by the US Dollar Index. The EUR/USD currency…

USD/HUF Falls After Sharp Q2 GDP Decline Amid COVID-19 Pandemic

The Hungarian forint is looking to rebound against a plethora of currencies on Tuesday after the Central European country recorded disappointing economic data that showed how…

Bulls Able to Take Out 0.7243 Peak on AUD/USD?

The Australian versus the United States dollar currency pair seems to have lost its steam. Is that really so, or are the bulls setting up…

Chinese Yuan Gains As PBoC Pumps More Liquidity Into System

The Chinese yuan is continuing its gains against the US dollar to kick off the trading week. The yuan’s strength was buoyed by the central bank pumping…

Bulls Attempting to Pass the 1.3185 High on GBP/USD?

The Great Britain pound versus the United States dollar currency pair seems to be dominated by the bulls, but are they still capable of pushing the price…

Euro Rallies Against the Dollar on In-Line Eurozone Q2 GDP Data

The euro today edged higher against the dollar after an initial slump as investors remained concerned about the political stalemate in the US regarding further stimulus. The EUR/USD…

Canadian Dollar Pares Gain on Weaker Energy, Capped by Strong Manufacturing

The Canadian dollar pared its weekly gain to close out the trading week, driven primarily by slumping energy prices. But the loonie’s drop was capped…

US Dollar Weakens As Initial Jobless Claims Fall Below One Million

The US dollar is weakening against several of its G10 currency counterparts on Thursday after it was reported that the number of Americans fell below…

Brazilian Real Crashes on Rate Cuts, Doubts of Economic Recovery

The Brazilian real is sliding in the middle of the trading week as investors are casting doubts on the South American nation’s economic recovery. There have been signs…

Euro Rallies on Positive Sentiment, Ignores Upbeat US Inflation Data

The euro today rallied higher against the US dollar driven by the risk-on market sentiment, which saw the dollar lose ground against riskier assets such…

Pound Falls Against US Dollar As UK GDP Contracts 20.4% in Q2

The Sterling pound today fell against the US dollar amid worries that the UK economy was not recovering fast enough following its reopening…

US Dollar Struggles to Hold One-Week High on PPI, Falling Business Optimism

The US dollar is struggling to hold onto its best level in one week as higher producer prices and falling business optimism affected the greenback. After…