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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.

Large Bounce in AUD/USD, But is it Enough?

Earlier this week, The Reserve Bank of Australia (RBA) had an emergency monetary policy meeting, in which they cut interest…

OIL MARKET WEEK AHEAD: Hunkering Down

Next week will bring an ample amount of economic indicators but for the oil market the most serious ones will…

USD/JPY Back into Ascending Channel and Above 108.00

The US dollar versus the Japanese yen currency pair recovered almost the entire depreciation. Will the appreciation continue? Long-term perspective The ascending trend that started…

Euro Rallies From Multi-Year Lows Then Falls Amid Market Volatility

The euro today rallied higher against the US dollar early in the session as buyers stepped in pushing the pair higher from yesterday’s multi-year lows. The EUR/USD currency…

US Dollar Weakens, Still Poised for Best Week Since Financial Crisis

The US dollar is weakening against a couple of major currency rivals at the end of the trading week, but the greenback is still on track for its best week…

US Philly Fed and Initial Claims are Just the Beginning

The US Philadelphia Fed Manufacturing Index  (Philly Fed) was released earlier today and the data was not encouraging.  The headline…

WTI: With Trump’s Intervention… Oil May Bottom

If traders didn’t already have a reason to wake up and pay attention, maybe this realization will help: We’re currently…

Norway may Intervene and Buy Krone

Two of the largest moves we have seen over the past 2 weeks have been the strong bid in the…

Aussie Attempts to Recover After Plunging to Lowest in Decade

The Australian dollar plunged to the lowest level in more than a decade against a range of currencies today but now is trying to recover. As was expected, the Reserve…

NZ Dollar Sinks to New Multi-Year Lows Even After Decent GDP Report

The New Zealand dollar dropped to new multi-year lows against other most-traded currencies today. Losses were across the board as the kiwi was falling even…

US Dollar Weakens As Weekly Jobless Claims Surge Amid COVID-19 Market Rout

The US dollar is weakening against a few currencies on Thursday as new labor data confirms that the Covid-19 pandemic is beginning to have a negative effect…

Pound Remains Under Pressure Despite Bank of England Rate Cut

The Sterling pound today had a muted reaction to an emergency rate cut by the Bank of England after the close of the London markets. The GBP/USD spiked higher briefly before…