If you search for Forex scam brokers on the Internet, the number of results is staggering. Although the foreign exchange market is slowly becoming more regulated, many unethical brokers still exist that should not conduct business. When you want to conduct forex trading, it is essential to identify reliable and viable brokers. To distinguish the …
Quick steps you need to take to stay away from scam brokers Read More »
Being a successful trader involves a lot of rules. That being said, the number one rule is always the same: Choose the best Forex broker. The main issue here is that you have too many viable options. Go to any financial news website, and you’re bound to see dozens of broker ads. The solution is …
Essential for New Traders: Tips for Choosing a Forex Broker Read More »
Dukascopy is the latest Contract for Difference (CFDs) broker to offer cryptocurrency trading services. The broker added CFDs contracts of Litecoin, Ether, and Bitcoin. The broker adds cryptocurrency trading for traders using the MetaTrader 4 Platform. The new services will be in both live and demo trading environments. Crypto CFDs allow for speculative operations without …
The Turkish lira rebounded 1.5% on April 26 and recovered from near an all-time low as locals took advantage of recent weakness to sell dollars, but concerts lingered regarding U.S. relations as well as pending interest rate cuts. Turkish Lira is among the worst emerging markets performers in 2021, firmed to 8.3 versus the U.S. …
Turkish Lira Recovered From Near an All-Time Low Read More »
The U.S. Dollar Index was struggling to find a way, as it exchanged gains with losses ahead of the opening bell in Euroland on April 22. Two days ago, the index which tracks the greenback vs. a basket of its major rivals declined to fresh lows in the 90.90/85 band. Nevertheless, it managed to regain …
The U.S. dollar traded near longer than two-week troughs versus major peers on Thursday, which was tracking treasure income lower. No new catalysts were offered to dictate market direction after minutes of the Federal Reserve’s March policy meeting as well. Fed officials remained wary about the coronavirus pandemics’ risks and committed to strengthening monetary policy …
The Australian dollar is struggling to strengthen its position against its American counterpart, as it alternates gains with losses vs. the U.S. dollar. As a result, it left a price action around AUD/USD side-lined above the 0.7600 yardstick on Good Friday. Moreover, the AUD/USD prolongs the side-lined theme above the 0.7600 level against the scenery …
Australian Dollar, American Counterpart, and Good Friday Read More »
Interestingly, after a strong decline, the U.S. Dollar found support near 0.8870 against the Swiss Franc. It is worth noting that USD/CHF exceeded the 0.8920 resistance. This is not the end of the story as it could face hurdles near 0.9000. Let’s have a look at the 4-hour chart. As can be seen from the …
U.S. Dollar Strengthened its Position Against Swiss Franc Read More »
It was a great day for the U.S. dollar. It is worth mentioning that, the currency of the biggest economy of the world held the upper hand against low-yielding currencies on Wednesday. People should take into account that, the dollar reached the highest point against the yen in five months as U.S. bond yields jumped …
Dollar Reached the Highest Level Against the Yen Read More »
The United States Dollar declined on February 16, as vaccine optimism lifter the sterling to an almost three-year high. Moreover, boosting oil prices and buoyant expectations for global rebound supported commodity-linked currencies. Furthermore, in trade thinned by Lunar New Year holidays in China and Monday’s U.S. holiday, the positive mood also declined safe-haven yen. It …
Dollar fell, the pound rose, euro was steady at $1.2132 Read More »
As the name implies, Forex (foreign exchange) relies on buying and selling currencies from all over the world, making it one of the most liquid markets on the planet. Forex is decentralized. What differentiates it from other markets is that investors compete using large hedge funds and banks. This means they need to set up …
Trading Accounts: Meaning and Types of Trading Accounts Read More »
In today’s financial markets, there are different types of brokers as well as hundreds of brokerage companies. Therefore, making a choice can become complicated. In order to help you choose a Forex broker for you that will match your expectations, you will find in this article the different profiles of brokers available. But before we …
Types of Brokers: Choosing a Forex Broker for You Read More »
The U.S. dollar witnessed its best weekly gain in three months on February 4. The American currency was lifter by rising confidence that the U.S. economy rebound will outpace global peers. The dollar index was close to the two-month high hit overnight amid signs of resilience in the labour market, with closely observed nonfarm payroll …
The U.S. dollar saw its best weekly gain in three months Read More »
Across the country, there are millions of people who are struggling to cope with financial problems. In many cases, the federal minimum wage is not enough to cover all costs. Hopefully, both President Joe Biden’s American Rescue Plan as well as recently reintroduced the Raise the Wage Act would gradually increase the federal minimum wage …
Federal Minimum Wage, New Administration, and Workers Read More »
On Monday morning, Robinhood, TD Ameritrade, Vanguard, and other brokerage firms in the US reported trading glitches. According to Vanguard, some clients experienced difficulty accessing their accounts on their broker sites. Online brokers routinely experience short outages, but it was uncommon for several outages to happen simultaneously. On Monday, Vanguard tweeted that they had resolved …
TD Ameritrade, Robinhood, Vanguard, Resolve Trading Glitches Read More »
WhoIs Best Broker is leading Forex and Economy news Website. We provide you with the latest news and videos straight from the Financial Industry..
