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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 Trades Lower After RBA Minutes, Drop of Crude Oil Below $0

The Australian dollar fell against almost all of the most-traded currencies today with the exception of the New Zealand dollar. The main reasons for the decline were the negative market…

South Korean Won Weakens on Kim Jong-un ‘Grave Danger’ Reports

The South Korean won has been weakening against multiple currency rivals since it was first reported that North Korean Supreme Leader…

Mexican Peso Falls 1% on Surprise Interest Rate Cut, Bearish Outlook

The Mexican peso is falling against the US dollar and other G10 currency competitors on Tuesday after the central bank surprised financial markets and cut interest…

Bears on AUD/USD May Start Pushing from 0.6313

The Australian dollar versus the US dollar currency pair seems to offer conflicting signals, but how can some light be shed upon the situation?…

Japanese Yen Moves Lower After Exports Collapse

The Japanese yen opened sharply higher against its most-traded rivals today but immediately started to move lower and continued its decline after the release…

Euro Recovers After Mixed Economic Data, Supported by Plans for Easing Lockdown

The euro opened sharply higher today but has erased losses against the majority of its most-traded peers by now. The traders’ cautious mood was weighing on the currency,…

Chinese Yuan Flat As PBoC Slashes Benchmark Loan Rate

The Chinese yuan is barely budging against its G10 currency competitors on Monday, despite the central bank showing its willingness to get serious about…

NZ Dollar Flat-to-Higher on CPI, Easing Lockdown Restrictions

The New Zealand dollar traded flat or higher against its most-traded counterparts today. There were two reasons for the currency’s good performance: the government’s plans…

Chinese Yuan Mixed As Economy Contracts 6.8% in Q1, Retail Sales Crash

The Chinese yuan is mixed against its currency competitors to finish the trading week as investors weigh China’s near-term economic recovery. With the latest bearish…

Euro Rallies on Reports of COVID-19 Cure and In-Line Eurozone CPI

The euro today rallied higher against the US dollar driven by bullish investor sentiment amid hopes that a cure for the coronavirus was on the horizon. The EUR/USD currency…

Bulls on USD/JPY Not Confident Enough

The US dollar versus the Japanese yen currency pair seems to be willing to go towards the north. However, something keeps the bulls from making their…

US Dollar Mixed As 22 Million Americans Lose Jobs in Four Weeks

The US dollar is mixed against its G7 currency rivals on Thursday after the US government reported a slightly worse-than-expected jobs report that brought…