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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 Rallies on Investor Sentiment Amid European Reopening Efforts

The euro today rallied higher against the US dollar driven by positive investor sentiment as European countries cautiously move forward with the reopening of their economies.…

Bears Joining Forces on GBP/CAD to Send Price Under 1.7200?

The Great Britain pound versus the Canadian dollar currency pair is back at the ascending trendline. Could the bears spell further movement to the downside? Long-term perspective…

Chinese Yuan Slumps Despite Surprising Gain in Auto Sales

The Chinese yuan is slumping to kick off the trading week, despite a surprise gain in new motor vehicle sales last month. Investors are potentially…

AUD/USD Above the 0.6500 Handle

The Australian dollar versus the US dollar currency pair is, yet again, above the 0.6500 psychological level. It’s the bulls that won, or is the bears…

Japanese Yen Weakest on Forex After US-China Trade Talks

The Japanese yen was the weakest currency on the Forex market today after the market sentiment improved, limiting demand for the currency in its role as a safe haven. Traders…

Australian Dollar Remains Strong After Economic Forecast

The Australian dollar remained firm today, being one of the strongest currencies on the Forex market, second only to the New Zealand dollar. The Australian central bank released…

US Dollar Weakens As Economy Lost Historic 20.5 Million Jobs in April

The US dollar is weakening against most of its G10 currency counterparts at the end of the trading week. All eyes were focused on the April jobs report…

Canadian Dollar Rallies Against US Peer on US/Canadian Jobs Data

The Canadian dollar today rallied against its Southern neighbour after the release of jobs data from both countries with some prints beating analysts’…

USD/JPY Heading for the 105.55 Major Support

The US dollar versus the Japanese yen currency pair is approaching the weekly support level of 105.55. How may the market react? Long-term perspective After…

Pound Spikes Higher on BoE Rate Decision, Retreats on Dovishness

The Sterling pound today spiked to new daily highs after the Bank of England announced its monetary policy decisions early in the London session. The GBP/USD currency…

Euro Trades Sideways on Weak German Data, EU Differences

The euro today traded sideways against the US dollar amid weak macro reports from Germany and France as investors await crucial US jobs data.…

Australian Dollar Strongest After Australian & Chinese Trade Data

The Australian dollar rallied against all other most-traded currencies today after positive trade data released in China, Australia’s biggest trading partner, and Australia…