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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.

Japanese Yen Jumps on Safe-Haven Demand, Capped by Poor Data

The Japanese yen is strengthening against a handful of currency rivals on Thursday as investors pour into safe-haven assets amid the coronavirus outbreak. Japan, which has…

Euro Rallies as Coronavirus Fears in the US Push the Dollar Lower

The euro today rallied higher against the US dollar as authorities in California declared a state of emergency amid rising coronavirus cases. The EUR/USD currency pair benefitted…

GBP/CAD Still Aiming for 1.7811

The Great Britain pound versus the Canadian dollar currency seems not to be willing to stray away from its path towards 1.7811. Long-term perspective…

Bank of Canada Delivers

Yesterday in our BOC preview, we noted that if the Bank of Canada were to cut rates today it would…

Chinese Yuan Pauses After Huge Weekly Acceleration on Bearish Data

The Chinese yuan is hitting the pause button on its recent acceleration against several major currency rivals midweek as many economic reports portray a grim…

Australian Dollar Rises for Third Day After GDP Beats Expectations

The Australian dollar continued to rise, logging a third consecutive daily gain. This time, it is easier to explain the currency’s rally as it followed the better-than-expected…

Canadian Dollar Mixed As BoC Cuts Interest Rates Amid Covid-19 Fears

The Canadian dollar is trading mixed against multiple currency rivals midweek after the central bank delivered on a cut to interest rates. The Bank of Canada (BoC)…

Pound Falls Then Rallies on Weak UK Services PMI and BoE Rumours

The Sterling pound today traded lower against the US dollar earlier in the session as investors stayed away from the pound amid Brexit uncertainty and risk-off market…

Bank of Canada is Up Next

Earlier today, the Reserve Bank of Australia (RBA) cut interest rates 25bps, as expected, to a new all-time low of…

Risk Aversion, Better-than-Expected GDP Unable to Help Swiss Franc

The Swiss franc was surprisingly soft today even though the deadly coronavirus infection continued to spread across the globe, spooking investors and increasing demand for safe-haven…

AUD/JPY Slipped Under 71.09. Where to Now?

The Australian dollar versus the Japanese yen currency pair is consolidating just under the 71.09 level. Long-term perspective After confirming the level of 71.09 as support…

G7 Uneventful, Fed is all about Fireworks

Traders were hoping for some kind of global stimulus earlier today to help stem the global slowdown currently from the…