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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/INR Rises Despite India’s Economy Exiting a Technical Recession

The Indian rupee joined the selloff in the broader emerging market currencies, testing 74.00 against its US peer at the end of the trading week. Although India has…

USD/JPY in Bullish Hands from 105.09

The US dollar versus the Japanese yen currency pair seems to be on its way to the next area of interest — 107.00. Are the bears going to stand aside?…

USD/CAD Breaks Below 1.25 Amid Initial Jobless Claims Sliding to Three-Month Low

The US dollar weakened on greater confidence in the broader financial markets as the government reported initial jobless claims falling to their lowest levels in three months. A renewed…

Euro Rises to 6-Week Highs on Upbeat Euro Area Data, Risk-On Sentiment

The euro soared against the dollar amid a series of upbeat macro releases from across the euro area combined with the positive investor sentiment. The EUR/USD currency…

Are Bulls Willing to Cede from 1.7701?

The Great Britain pound versus the Canadian dollar currency pair seems to be under some bearish pressure. Is this just a thing of the now, or are…

Mexican Peso Snaps Six-Session Losing Streak amid Mixed Economic Data

The Mexican peso is struggling for direction against its US counterpart in the middle of the trading week amid mixed economic data. The peso recently snapped a multi-session…

Euro Edges Higher on German GDP, Later Falls on Soaring US Yields

The euro initially edged higher against the dollar, boosted by investor sentiment and positive data from Germany, before reversing and heading lower later in the session. The EUR/USD…

Bears Took Over on AUD/NZD from 1.0826?

The Australian versus the New Zealand dollar currency pair seems to be in a spot to the bearish liking. Are the bulls taking a pause? Long-term perspective The bullish attempt…

NZ Dollar Soft After Retail Sales Miss Expectations

The New Zealand dollar was soft today, falling against the majority of its most-traded peers, though managing to gain on some of them. Today’s macroeconomic data…

Australian Trade Surplus Narrows, Aussie Halts Rally

The Australian dollar, together with other commodity currencies, halted its rally today. Fairly poor domestic macroeconomic data was not doing the Aussie…

Pound Rallies on Upbeat UK Jobless Claims Data, Later Heads Lower

The Sterling pound rallied to new 34-month highs against the dollar boosted by the British government’s 4-step reopening plan, which could boost the UK’s economic recovery.…

Swiss Franc Weak Due to Risk Appetite, Domestic Data

The Swiss franc fell today as continuously rising yields and risk appetite made investors less interested in currencies considered to be safe. The Swissie lost even…