Last year in August, many forex regulators introduced stricter regulations for their licensees. Among the new regulations was the termination of all bonuses offered to clients by their brokers. Already, several forex brokers have ceased offering these bonuses, including the no deposit bonus, but you can still enjoy them through other brokers. The privilege will […]

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The Mexican peso has been a proxy currency for other developing and emerging economies in the world. Changes in the value of the peso have always reflected more than just Mexico’s economy, and that gave it the proxy status. Besides that, it has a lot of liquidity while still avoiding any capital controls, which investors […]

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EUR/USD soared by more than 1% for the second consecutive session and touched its highest level in about two months during a massive sell-off in equity markets all over the world as concerns of a recession in China rose. EUR/USD Trading: EUR/USD traded between a range of 1.1229 and 1.1389 before it settled at 1.1384 […]

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EUR/USD ended the month with substantial gains as the Vice Chair of Federal Reserve reported an increased possibility of interest rate hike in the month of September. EUR/USD traded in a range between 1.1172 and 1.1262 before it settled at 1.1215.     Trend of EUR/USD: The pair was up by 0.0028 or 0.25% on […]

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