• Japanese Yen increase and new steps from Trump open the door to rate cut

    As per the latest report, immediately after the US President Donald Trump’s threat to issue new tariffs on Mexico, Japanese Yen has jumped over the US dollar. Besides, the Mexican peso has also gone down. Some experts have stated that such steps from Trump can create a recession in the global economy. For more detail, […]

  • Top Services Offered by Forex Brokers Online

    With the high amount of risk involved in forex trading, investors need to have proper knowledge with investing. Being well informed about all the associated risks and other specifications will allow you in making suitable investments. However, to help investors in acquiring all such information, more and more online websites are coming into existence. Each […]

  • Profitable trading if you adopt these 4 Rules

    Majority of Forex traders think frequently why they lose in trading and why some traders continuously make profits. They always want to know the secret behind the success of some traders well the secret is that successful traders lose too and they do bad trading too but what makes successful traders different with other traders […]

  • Detail Analysis of How Reputed Forex Brokers Generate Money

    In the Forex market, speculators and traders buy and sell different currencies based on their current value and market condition. It is true that Forex market is full of risk. However, this market generates more than $5 trillion dollars regularly. If you are a trader, you need to higher an intermediary to carry out the […]

  • Bank of Canada will maintain overnight rate target at 1 ¾ per cent

    The Bank of Canada on 25th April will maintained its target for the high rate at ¾ per cent. The bank discount is correspondingly a pair of percent, and also the deposit rate is ½ percent. The global economic process has slowed by over the Bank forecast in its Monetary Policy Report (MPR). In progress […]

  • EUR/USD after some buying opportunity for more selling

    Today’s Key Highlights The Euro declined to a new monthly low at 1.1110 and later recovered against the US Dollar. A crucial bearish trend line is in place with resistance at 1.1190 on the 4-hours chart of EUR/USD. The US GDP in Q1 2019 (Prelim) increased 3.2%, more than the 2.0% forecast. The Euro Zone […]

  • 10 Most useful Apps for Forex trading

    10 Most useful Apps for Forex trading Due to the expansion of online business, people have all the opportunities to try their luck in just everything. Same goes for trading as well – if you have always wanted to be a trader but never tried it because it requires a plethora of time and finances, […]

  • 23.04.2019 Chart of the Day – Both bulls and bears trying to control GBP/USD

    Both bulls and bears trying to control GBP/USD Today’s Key Highlights The British Pound declined steadily recently below the 1.3080 support against the US Dollar. GBP/USD traded below a major bullish trend line with support at 1.3070 on the daily chart. The US Existing Home Sales in March 2019 declined 4.9% (MoM), more than the […]

  • Forex – AUD/USD holds steady, kiwi slips lower in late trade

    The Australian dollar was little changed against its U.S. counterpart on Monday, while the New Zealand dollar slipped lower as expectations for U.S. rate hike in December continued to support the greenback, although fresh geopolitical tensions weighed. Trading volumes were expected to remain thin with U.S. markets closed for Columbus Day. AUD/USD held steady at […]

  • The EUR Comes to the Dollar’s Rescue Ahead of Tomorrow’s ECB Decision

    Macroeconomic data is on the lighter side for the day ahead, leaving the markets to consider the lie of the land ahead of tomorrow’s heavily anticipated ECB monetary policy decision and, more importantly, Draghi press conference, the ECB becoming the centre of attention, with the FED seemingly on a more dovish footing. The EUR rallied to […]