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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.

OIL MARKET WEEK AHEAD: OPEC and Russia Back at the Negotiating Table

It has been a long time coming, but on Monday OPEC and Russia will finally start discussing how to balance…

Pound Falls on Weak UK Services PMI Report as Dollar Surges

The Sterling pound today fell against the US dollar as investors reacted to weak service PMI released by Markit Economics in the early London session. The GBP/USD came…

Bulls Back on USD/JPY from 107.06

The United States dollar versus the Japanese yen currency pair seems to be delaying further advancement towards the south. Is this really a delay or the bulls…

Canadian Dollar Rallies on Higher Oil Prices and Weak US Jobs Data

The Canadian dollar today rallied against its US counterpart as oil prices pressed higher for the third consecutive session boosting the commodity-linked loonie. The USD/CAD currency…

US Dollar Mixed As Coronavirus Slaughters 701k Jobs in March

The US dollar is mixed against several major currency competitors at the end of the trading week, driven by a grim portrait of the American labor market last month.…

NFP Preview: Stale Jobs Figures Could Mask the Full Brunt of COVID-19’s Disruption

Background Usually in this introduction, we explain that the Non-farm Payrolls report is significant because of how it impacts monetary…

Just When You Thought Initial Claims Couldn’t be Any Worse….

The US Initial Claims figure for the Week ending March 28th rose to 6,648,000 vs an estimate of 3,500,000 and…

Saudi Arabia and Russia Throw Cold Oil on Trump’s Tweets

Since March 9th, WTI Crude Oil and Brent Oil have been falling at a rapid pace, initially as Russia had…

US Dollar Holds Steady As Initial Jobless Claims Surge 6.6 Million

The US dollar is holding steady on Thursday after the federal government reported that initial jobless claims doubled week’s total and topped 6.6 million.…

Euro Falls to New 5-Day Lows on Record Spanish COVID-19 Deaths

The euro today fell against the US dollar as deaths from the coronavirus in Spain reached new highs even as other European countries battle the disease. The EUR/USD…

US Initial Claims – Is It Possible to be Higher than Last Week?

Last week, US Initial Claims were 3,283,000 vs an expectation of 1,500,000.  It was the largest initial claims weekly filing…

Could GBP/CAD Retest the 1.7811 Resistance?

The Great Britain pound versus the Canadian dollar currency pair may establish above the 1.7500 mark. Is this a bullish profile, or are the bears waiting…