With the Canadian government’s new pilot program offering a universal basic income to the households, we expect the CAD to grow stronger. Canada is the latest to launch this program after Finland, which announced a similar program in January. The province of Ontario announced plans to give free money to 4000 eligible Canadian households through […]

Read More

What is Fibonacci Trading? It is every trader’s dream to always have a profitable trade. While every trade certainly has different motives behind trading, it eventually gets down to profits. It is necessary for traders to analyze and predict the trends by using different indicators and then make trading decisions. One such important technical instrument […]

Read More

With various concerns about the EUR and its effect on the economic outlook, the analysts feel that the Euro might gain strength with the upcoming elections and have a strong economic data. With the UK’s departure, we look forward to a stronger Euro after key elections in France and Germany this year. Marine Le Pen, […]

Read More

The Canadian Dollar has dropped to record lows when compared to the US dollar. We expect this movement to continue in the days to come. The Bank of Canada continues to retain a cautious outlook despite the date surprises. If there is a drop in the oil prices, it will weaken the Canadian dollar further. […]

Read More

The yen has started showing some strength finally when compared to the past four months. However, the Bank of Japan (BoJ) had pushed the inflation target of 2% to 2018 giving room for less positivism. Since Donald Trump’s victory last November, there has been a waning Japanese Yen. The BoJ is planning on executing two […]

Read More

“How to make profits in the Forex market” is still the most important question for traders. A good and a professional Forex trader will surely want to make the most of his/her trades. With so many dos and don’ts, traders usually get confused and end up losing money in this big market. So, consider going […]

Read More

Binary options (BO) trading is trending up in the markets these days and is widely used by Forex traders.  One of the best advantages of trading Binary Options is, you know how much amount you have risked and you are also sure of the fact that you will not lose more than that amount. In […]

Read More

The Australian dollar has started to gain strength in the past few days. When compared to last year, AUD has begun to rise in the market and has surely caught the attention of traders. With the number of building approvals rising up to 1.8%, Australia’s trade balance has been on par with the expected import […]

Read More

From being the worst performer for this week, NZD has started recovering slowly this month. New Zealand’s Activity Outlook showed a strong value at 37.2% when compared to the previous month’s data. New Zealand’s exports rose to $13 million over the forecasted rates at $3.90 billion. The imports rose to 8.0 percent versus the expectations […]

Read More

The Euro group is still not clear whether the International Monetary Fund (IMF) should remove Britain from the upcoming bailout talks. The poll results of the French election were a huge setback for the Euro. Despite several government officials arguing over the increasing energy prices, the European Central Bank’s policy meeting suggested that there will […]

Read More