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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 Extends Decline Amid Fears of a Looming Recession in the EU

The euro today fell against the US dollar as market sentiment remained decisively risk-averse amid fears that the eurozone was facing an imminent recession. The EUR/USD…

Loonie Sinks As Crude Oil Trades at 18-Year Lows Despite Supply Cuts

The Canadian dollar today extended its losing streak against the US dollar for the second day in a row despite yesterday’s hawkish rate decision by the Bank of Canada.…

Australian Dollar Falls, Ignoring Shockingly Good Employment Data, but Rebounds Later

The Australian dollar fell today, largely ignoring the shockingly good employment report. While the currency spiked immediately after the release, it retreated almost immediately.…

GBP/CAD Continues Aiming for 1.7811

The Great Britain pound versus the Canadian dollar currency pair does seem that it is hard to sell. Long-term perspective The appreciation from the 1.6620…

Australian Consumer Sentiment Collapses, Aussie Reverses Gains

The Australian dollar declined against all other most-traded currencies today, including its riskier commodity-related counterparts. The possible reasons for the decline were the worsening market…

US Dollar Surges Despite Crashing Retail Sales, Industrial Output

The US dollar is surging against its G7 currency rivals, despite a plethora of disastrous economic reports. With global financial markets deep in the red…

Canadian Dollar Plunges As GDP Contracts 9% in March, BoC Unveils New QE

The Canadian dollar hit the pause button on its recent rally after the federal government released its gross domestic product (GDP) reading early for the first…

Pound Falls Amid Speculation That COVID-19 Deaths Are Much Higher

The Sterling pound today fell against the much stronger US dollar amid fears that the global economy was sliding into a significant recession due…

Make It or Break It for The Australian Dollar

China reported a trade surplus for March earlier today at +19.90B vs -7.09B for the combined January-February period.  China seems…

USD/JPY: All Eyes on 107.00 This Week

Despite (or perhaps because of) signs of coronavirus “curve flattening” in the US, the greenback is among the day’s weakest…

BoC may not be as Quiet as People Think

Last week, after several inter-meeting interest rate cuts by the Reserve Bank of Australia, the RBA left rates unchanged at…

Bulls Tired at 0.8918 on AUD/CAD?

The Australian dollar versus the Canadian dollar currency pair seems to have some trouble passing the 0.8918 level. Are the bears planning something? Long-term perspective…