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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.

Mexican Peso Drops As Economy Shrinks in 2019

The Mexican peso is trading relatively flat against several major currency competitors on Tuesday. With the latest economic data coming in mixed, the public and investors…

USD/JPY and Stocks the Latest Casualties of the Coronavirus

Earlier today,  one of the issues we pondered regarding the coronavirus was that USD/JPY was only down 40 pips from…

Worries of Coronavirus Plague World Markets

As I sit at my desk this morning the first headline, I see is “Head of WHO expert team to…

Coronavirus Goes Global, Brent Blasted by Bears

As my colleague Joe Perry noted earlier this morning (and indeed late last week as well), the spread of coronavirus…

NZD Struggles to Bounce After Opening Lower on Coronavirus Panic

The New Zealand dollar opened sharply lower today as markets were in a panic mode as the coronavirus was spreading from China to other parts of the world. While…

Euro Falls on Coronavirus Fears, Ignores Upbeat German IFO Data

The euro today gapped lower against the US dollar to start of the week trading with a bearish bias amid the risk-off market sentiment created by coronavirus headlines.…

US Dollar Rally Sparked by Safe-Haven Demand Amid Coronavirus Crisis

The US dollar is surging to kick off the trading week, buoyed by renewed safe-haven demand as the coronavirus continues to extend outside China. While the situation has…

AUD/USD Heading for 0.6550?

The Australian dollar versus the US dollar currency pair dropped from the 0.6700 multiannual level. Long-term perspective The head and shoulders pattern that confirmed the resistance…

Week Ahead: Coronavirus Contagion in Focus

What a wild week!  After terrible GDP data out of Japan on Monday, yen pairs were all the rage on…

USD/CNH Breaks Convincingly above 7.000

As we discussed last week, the coronavirus helped to cause an increase in inflation to 5.4% vs 4.9% expected, as…

OIL MARKET WEEK AHEAD: The Real Tally of the Virus

Just as China started containing the spread of the coronavirus, two new flash zones opened up in South Korea and…

Euro Rallies on Upbeat PMIs, Quickly Falls on Coronavirus Headlines

The euro today spiked higher against the US dollar in the early European session following the release of upbeat eurozone PMIs by Markit Economics. However, the EUR/USD currency…