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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.

EUR/CHF Probing Nearly 5-Year Lows at 1.06 – More Downside to Come?

As the world’s most widely-traded currency pair, EUR/USD is understandably garnering all the headlines as it extends its historic drop;…

Pound Falls Despite Upbeat UK Inflation Data and Positive US Prints

The Sterling pound today fell against the US dollar despite the release of upbeat UK inflation data in the early London session. The GBP/USD currency pair fell…

Canadian Dollar Rallies on Chinese Stimulus, Higher Crude Prices

The Canadian dollar is rallying midweek on China’s latest announcements of fiscal and monetary stimulus to combat the negative economic effects of the Wuhan coronavirus, also officially known…

Looks like AUD/NZD Targets 1.0530

The Australian dollar versus the New Zealand dollar currency pair appears to be in bullish hands, even if the bears did all they could to send…

UK Claimant Count Better than Expected

The UK’s Claimant Count Change for January was +5,500 vs an expectation of +22,600 and a lower revised December reading…

Gold Not Taking Any Chances

Gold has moved above $1600 for the first time since the spike up to 1611 on January 8th as trepidation…

Euro Drops to Multi-Year Lows on Weak German ZEW Survey Data

The euro today fell against the US dollar during the European session following the release of weak German ZEW survey data early in the session. The EUR/USD currency…

Japanese Yen Rebounds Despite Heightened Recession Fears

The Japanese yen is rebounding on Tuesday after the safe-haven currency struggled to hold ground to kick off the trading week due to a disappointing gross domestic product…

GBPAUD Could Challenge 1.9752

The Great Britain pound versus the Australian dollar currency pair seems to try climbing bigger prices. Are the bears in the search for a good spot to short from?…

USD/JPY Unaffected by Terrible GDP

Yikes!!!  The GDP data out of Japan earlier during Asian hours was nothing short of awful.  The Annualized Preliminary GDP…

Japanese Yen Struggles to Hold Ground After Awful GDP Print

The Japanese yen was vulnerable today after the release of an awful report on the country’s gross domestic product. Furthermore, investors were moderately hopeful that China’s…

Chinese Yuan Gains As PBoC Cuts Rates, Hints at More Stimulus

The Chinese yuan is strengthening against the major currency rivals to kick off the trading week, buoyed by investors’ hopes that Beijing will launch additional…