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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.

US Dollar Falls Amid Record 3.28 Million Initial Jobless Claims

The US dollar is sliding against multiple currency rivals on Thursday, but it is holding relatively steady. This might come as a surprise for market…

Pound Rallies on Upbeat Sentiment and Hawkish BoE Rate Decision

The Sterling pound today rallied higher against the US dollar driven by the dominant risk-off market sentiment, which triggered a sell-off in the greenback. The GBP/USD currency pair…

DXY may be Ready to Resume Move Higher

The US Senate and White House reach FINALLY reached a bi-partisan fiscal stimulus deal worth an estimated $2 trillion.  The…

USD/JPY 111.60 and the Battle to be King of the FX Safe Havens

With risk assets surging higher for the second straight day, two of the safe haven currencies are getting left in…

Initial Claims Expectations are Unimaginable!

Thursday’s Initial Jobless Claims for the week ending March 21st are going to be something we have never seen before. …

Euro Rallies on US Stimulus Package Despite Weak German IFO Data

The euro today rallied higher against the US dollar driven by the markets higher risk appetite after the US Senate agreed on a multi-trillion stimulus package. The EUR/USD…

US Dollar Slips As $2 Trillion Stimulus Package Nears Agreement

The US dollar is continuing its streak of losses midweek as the federal government prepares to pass the $2 trillion stimulus package, which has sparked a rally…

Chinese Yuan Weakens As PBoC Mulls Additional Monetary Stimulus

The Chinese yuan is weakening against most major currency rivals midweek as reports suggest that the People’s Bank of China (PBoC) is considering a reduction…

GBP/CAD May Target 1.7160

The Great Britain pound versus the Canadian dollar currency pair managed to appreciate from 1.6620. Would the pair be able to sustain the gains? Long-term perspective…

EUR/USD Breaks Near-Term Bearish Channel, Bulls Eye 1.10 Next?

Global markets are in the midst of a classic “Turnaround Tuesday” as we go to press, with US index futures…

Gold Surging as Refiners Have Trouble Meeting Physical Demand

Gold futures (GC) are screaming higher this morning as demand is surging.  The Exchange for Physical (EFP) market is having…

The Collapse of the Mexican Peso

In what feels like years ago, on February 27th, we wrote about the fall of the Mexican Peso.  Fundamentally, we…