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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.

USD/SEK: Will Sweden’s “Herd Immunity” Strategy Backfire?

Across the globe, different countries are taking different approaches to managing their own experiences with the COVID-19 pandemic, running the…

EUR/JPY Offers Volatility, Without Much USD Correlation

Since February 20th, when the S&P 500 began selling off from its all-time highs, EUR/JPY has been trading in a…

Canadian Dollar Slips As Manufacturing PMI Contracts, GDP Slows

The Canadian dollar is slipping against its currency rivals midweek as new data is beginning to highlight how much damage the coronavirus is impacting…

Japanese Yen Strengthens on Better-Than-Expected Data, BoJ Stimulus

The Japanese yen is strengthening against different currency competitors midweek, buoyed by a plethora of economic data and outlooks that came in much better than initially…

Pound Sidelined As UK COVID-19 Deaths Rise and Boris Self-Isolates

The pound today traded sideways against the US dollar extending its sideways trading range for the third day in a row as investors took a break following its…

AUDNZD Heading Towards 1.0361

The Australian dollar versus the New Zealand dollar currency pair is approaching the important weekly level of 1.0361. Long-term perspective After confirming the level of 1.0837,…

Is There a Better Currency to Trade vs GBP than USD?

In our most recent “Week Ahead” we highlighted daily GBP/USD chart as our Chart of the Week.  We discussed hot…

AUD/USD could Move Lower if Stocks Can’t Bounce Higher

For all the talk we got about month-end buying because of pension fund rebalancing, it turned out to be  a…

Chinese Yuan Jumps on Surprising Manufacturing Growth in March

The Chinese yuan is rallying against many currency competitors on Tuesday as the world’s second-largest economy surprised global financial markets by reporting manufacturing growth in March.…

Euro Falls Against US Dollar Due to Quarterly/End-Month Outflows

The euro today fell against the US dollar earlier in the session and was on track to book a loss for the second straight session as the greenback rebounded. The EUR/USD currency pair…

AUD/JPY at the 67.03 Resistance

The Australian dollar versus the Japanese Yen currency pair is being given a test by the 67.03 level. Long-term perspective The confirmation of the 76.01 level by the bears started…

South African Rand Hits Record Low

The South African Rand fell to 18.05 vs US Dollar as Moodys cut the country’s rating to junk, one level…