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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.

GBP/USD Volatility Depends on Johnson’s Health

As countries seem to have done nearly all they can to stop the spread of the coronavirus and its economic…

Swiss Franc Slips As SNB’s Total Sight Deposits Surge Again

The Swiss franc is sliding against the US dollar and the euro on Tuesday as the central bank’s sight deposit holdings surged by their second-highest level in 12 months.…

Pound Rallies Despite Record COVID-19 Deaths and Johnson in ICU

The Sterling pound today rallied higher against the US dollar despite the fact that the UK Prime Minister Boris Johnson being hospitalised in ICU. The GBP/USD…

Euro Rallies on Hopes That Europe Is Flattening the COVID-19 Curve

The euro today rallied against the US dollar buoyed by the latter’s decline as investors favoured riskier currencies including the single currency. The EUR/USD currency pair hit…

Bulls Still Aiming for 1.7811 on GBP/CAD?

The Great Britain pound versus the Canadian dollar currency pair sits in an interesting zone. Is this area a good starting ground for the bulls, or is it…

USD/MXN and Other EM Currencies may be Topping

Mexican President AMLO has been slow to pull the trigger on a large stimulus plan as many other countries have…

RBA Interest Rate Decision should be Quiet Event

During the upcoming Asian session, the Reserve Bank of Australia (RBA) will be holding its regularly scheduled Interest Rate Decision…

Chinese Yuan Flat As PBoC Pumps $56 Billion Liquidity for SMEs

The Chinese yuan is trading relatively flat to kick off the holiday-shortened trading week. China continued to employ monetary policy measures to resuscitate the world’s second-largest…

Japanese Yen Weakens As Abe Unveils $1 Trillion Stimulus Package

The Japanese yen is losing against multiple currency pairs to start the trading week, prompted by Tokyo unveiling a massive $1 trillion stimulus package to curb…

Australian Dollar Forecast for April 6-10, 2020

The Australian dollar has experienced strong volatile moves lately. The currency tanked in the first half of March, recovered a bit in the second half only to move down…

Wedge Chart Pattern on AUD/USD Played Out?

The Australian dollar versus the United States dollar currency pair seems to have failed in any further appreciation attempts. Is this the entire story? Long-term…

NFP Data was BAD, but the Worst is Yet to Come

Nonfarm Payrolls (NFP) released today was -701,000 vs an expectation of -100,000 and a revised +275,000 in February. Although this…