Forex broker are firms that provide traders with access to a platform that allows them to buy and sell foreign currencies. Transactions in this market are always between a pair of two different currencies, so forex traders either buy or sell the particular pair they want to trade.
Forex broker may also known be as a retail forex broker, or currency trading brokers. Most forex broker firms handle only a very small portion of the volume of the overall foreign exchange market. Retail currency traders use these brokers to gain access to the 24-hour currency market for purposes of speculation. Forex broker services are also provided for institutional clients by larger firms such as investment banks.
General overview: USD/CHF edged lower for the second straight day amid some heavy USD selling bias. Reduced Fed rate hike bets, sliding US bond yields continued weighing on the buck.
General overview: The pair find major pullback from the bears towards the downside pair in the market. The pair is making the downside momentum in the market. China’s Retail Sales
General overview: USD/CHF edged lower for the second straight day amid some heavy USD selling bias. Reduced Fed rate hike bets, sliding US bond yields continued weighing on the buck.
General overview: USD/CAD failed to extend the previous day’s corrective pullback despite recent bounce off intraday low. Oil follows geopolitical news, upbeat US data and stimulus hopes to stay mildly
General overview: Gold awaits a strong catalyst to break through the key $1800 barrier. Falling Treasury yields and DXY remains a key driver for gold’s upside. A test of rising
General overview: AUD/USD pair falls below the support level 0.7600 level and creates the buy side towards the market. A co-ordinate sanctioning of Chinese officials prompted fresh fresh around AUD/USD.
General overview: GBPCAD is trading on the uptrend mode now. The pair is creating the upside pressure in the chart and move towards the buy side in the market. The
General overview: Bulls are seeking for the upside extension again and headed towards the bullish impulsive in the market. The bulls will seek to protect the upside and target the
General overview: Silver added to the previous day’s post-FOMC gains and climbed to over two-week tops. Bulls now await a move beyond the $26.60 confluence hurdle before placing fresh bets.
General overview: After rising to its highest at 0.9377 last week, the USD/CHF pair staged a deep correction and finished the week virtually unchanged. The pair struggles towards the more