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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 Falls Then Recovers Driven by Investor Sentiment

The Australian dollar today fell against the US dollar before recovering to trade at breakeven driven by positive investor sentiment and news events. The AUD/USD currency pair…

Japanese Yen Flat, Tries to Gain on Commodity Currencies

The Japanese yen was about flat versus major currencies today. The yen was trying to rise against commodity currencies but so far it…

USD/JPY Just Under the 108.13 Resistance

The US dollar versus the Japanese yen currency pair sits in a consolidative phase. What may come after it? Long-term perspective The lift form the monthly…

Great Britain Pound Soft After Retail Sales, Tries to Hold Ground

The Great Britain pound was soft today, erasing its earlier gains versus commodity currencies. The reason for the currency’s underwhelming performance was a worse-than-expected retail…

Euro Falls to Fresh Monthly Lows on Negative Euro Area PMIs

The euro today fell to new lows against the US dollar following the release of disappointing PMI data from across the euro area by Markit Economics. The EUR/USD…

US Dollar Mixed on Worse-Than-Expected Jobless Claims

The US dollar is mixed against its most-traded currency competitors on Thursday after the government released a worse-than-expected jobless claims report. But the job-loss trend…

Pound Rallies Despite Negative UK PMIs and High COVID-19 Cases

The British pound today rallied higher against the US dollar despite the release of disappointing UK PMI data by Markit/CIPS as traders remained bullish on the pound. The GBP/USD…

AUD/NZD Halfway to the Next Target

The Australian dollar versus the New Zealand dollar currency pair is in reach of the next major resistance level, 1.0689. Should the bulls have any concerns?…

Japanese Yen Mixed As BoJ Warns of Risks to Financial Stability

The Japanese yen is trading mixed against its most-traded currency rivals as the central bank is sounding the alarm on risks to financial stability in the wake of the coronavirus.…

Pound Falls on Bearish Sentiment as UK to Test COVID-19 Vaccine

The Sterling pound today fell against the US dollar as investor sentiment remained decidedly bearish amid news that the UK was developing a COVID-19 vaccine.…

Aussie Climbs After Jump in Retail Sales, Struggles to Maintain Gains

The Australian dollar rallied today, though currently, it has trimmed its gains. While the rally happened after a surprisingly positive retail sales report…

Bears at Their Posts on GBP/CAD from 1.7499

The Great Britain pound versus the Canadian dollar currency pair looks like it is not able to stay above the 1.7499 level. Long-term perspective…