forex broker

From October 18th 2021 Polish based investors who want to open investment accounts through Cinkciarz.pl web portal have access to Polish-speaking representatives in Conotoxia Ltd. Branch in Warsaw and gained additional supervision of KNF in regards to investment service provided by the broker. The opening of a branch in Poland is evidence of the systematic development of the company. As part of our international expansion, we are not only developing our product offer and services, but also expanding our team in order to best realize the visions and ideas of Conotoxia Holding group and build a strong brand with global reach. But this is just the beginning of our plans. We want to offer Polish investors a real alternative when it comes to investing on a global level with a trusted broker with a very good reputation and with the backing of a global fintech like Cinkciarz.pl - says Grzegorz Jaworski, CEO of Conotoxia Ltd. Conotoxia LTD in response to the needs of Polish clients offered an alternative on the local investment market. The service is provided fully in Polish language from account opening, through support and transactions. The business model based on STP provides transparency and trust to clients. The introduction of an unprecedented low spread (DE40 from 0.7 and EURUSD from 0.5 with no additional commissions) allows trading at the best available price. In addition to the standard account, clients can also choose an account for an experienced client with a leverage of 1:100Funds are deposited in a Polish bank and deposits can be made in 4 currencies: PLN, EUR, USD and GBP. Expanded fintech of Cinkciarz.pl group allows for deposits and withdrawals from the company's proprietary currency portfolio. Moreover, buying and selling the most popular CFDs on cryptocurrencies is also available on weekends. Conotoxia LTD was recognized by the industry winning “The Rising star of the Year 2020 in forex/CD” Invest Cuffs award. Moreover, LMAX Global has offered all its existing Polish retail clients possibility to open Forex accounts through the portal Forex.Cinkciarz.pl Our main goal is still to promote informed investment through solid education and to familiarize our customers with tools and solutions that support Forex and CFD trading - says Daniel Kostecki, director of the Polish branch of Conotoxia Ltd. The broker's clients have constant access to educational channels with free, extensive and regularly updated knowledge base about financial markets, including instructional videos, e-books, commentaries and other tutorial materials. In addition to education, security is also very important. Conotoxia Ltd. ensures the protection of clients through the dual supervision of CySEC and KNF and secures their funds through the Negative Balance Protection and Compensation Fund. Forex Trading is provided by Conotoxia Ltd., which has the right to use the Conotoxia trademark. Conotoxia Ltd. is regulated by CySEC (licence no. 336/17). CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

If traders do not properly set stop losses (as some do), their forex trading accounts may wind up with negative balances. Using Stop Loss and Margin Call levels, a forex trader may often avoid a negative balance. Stop losses may be triggered fast during periods of high volatility, resulting in a negative balance. Making a new deposit may help you recover your overdraft.   Negative balance FX protection is a safeguard that brokers use to protect their customers. Negative balance protection is provided when a trader's account balance becomes negative as a result of their trading activity, preventing them from losing more money than they deposited.   On January 15, 2015, the USDCHF plummeted 2780 pips in 30 minutes, putting my account in the red. When the Swiss National Bank removed the euro limit, the franc increased by 30%. Because my broker was unable to alter currency pairings, I used stop losses on all of my transactions. My trading account was losing money.   Foreign currency trading (Forex) is a risky endeavor since the value of various currencies fluctuates drastically owing to a number of factors. Despite the fact that most forex traders only trade with what they have, a negative balance in one's Forex account is not uncommon. On January 15, 2015, the Swiss National Bank (SNB) made an unexpected decision to remove the floor from the EUR/CHF currency pair. When the floor was raised, hundreds of live forex account balances turned negative, much to their amazement.   Many forex accounts had negative balances as a result of the SNB's decision to remove the floor. Changes in the volatility of a certain currency pair may have an impact on some trading systems. As long as there is a significant difference in the values of various currencies, the balance may go below zero. As a consequence, the phrase "negative balance" has become synonymous with currency trading. Despite the use of stop-out levels and margin calls, it is a difficulty that many forex traders face. Negative Balance Protection In Forex Is it possible to lose money while trading currencies? Because traders utilizing leverage may owe more than they have access to in their accounts, the likelihood of a negative balance grows. It's easy to be concerned about a currency account's negative balance from this vantage point.   If you want to avoid your forex trading account from sliding into the red, you must use a stop-loss order. Stop-Loss (SL) and Margin Call (MC) stops may be employed. Furthermore, certain brokerages, such as XM broker, give their clients accounts with negative balance protection. One example is the XM ultra low account, which does not charge traders commission costs. Aside from that, traders are permitted to employ the previously stated stop-loss order, which is often used by investors, to prevent negative balances on their accounts. In certain situations, brokers imposed a Margin Call limit, which meant that floating positions would be terminated at a loss if their expected losses exceeded a predefined limit.   Many forex traders ignore the MC limit for fear of losing their whole account. Even if you have Margin Call activated in your account settings, your account balance might still fall negative or be totally wiped out. Traders tend to ignore Stop Loss orders, despite the fact that they are a crucial risk-reduction instrument.   Traders may be certain that they will not go bankrupt if their forex trading account has a negative balance. If a margin call is made, a trader who is fast losing money may be able to avoid bankruptcy. When you get a margin call, you immediately close all of your open investments that are fast losing value. How To Prevent Negative Balance? A negative balance may be prevented in the first place, and it is possible to avoid it. You will not be asked to pay the negative amount if you have Negative Amount Protection, but your account will be reset to $0. To put it another way, you'll lose all you invested. In other words, why wait for the NBP to kick in when you can halt the loss immediately?   Consider the number of your holdings as well as the number of orders you make when making transactions. Because not all transactions are successful, the more you trade, the more likely you are to lose money. What's the harm in doing so if it allows you to better regulate your transaction and reduce your risk? In this instance, forex brokers' micro accounts, which often contain smaller bets, might be a viable option.   To keep your money in your account, you must create a reasonable stop loss barrier. As a result, the danger of market and price volatility is reduced.   The more leverage you have, the more money you will be able to get. You are, however, put at greater danger as a consequence of it. There are various techniques to reduce your stock market risk.   When the market is volatile, stop losses, margin calls, and stop-outs all fail. This tendency is typically triggered when news or events with a big influence on the market cause fear. Keep an eye on the economic calendar and avoid trading at particular times of the year.   Most forex brokers will announce and change leverage and margin requirements for certain instruments when a major event or news release is near. You should either stay out of the market or adjust your position as a consequence of this warning.

The biggest financial market in the world is the forex market. To begin trading Forex, you must have a working grasp of the current state of the global economy. You need to be aware of the significance of this news and happenings in the forex market and how they will affect your transactions. If you want to be at the top of the list, you may invest some time studying what this economic news and activities truly imply in simple words.   Understanding the fundamentals of global economics may aid in your Forex trading success. A wide range of economic variables affects the exchange rates of different currencies all around the globe. The following are some of the factors:   Interest rate changes by a country's central bank Spending by both the government and the general public There is both public and private debt. GDP and CPI are two measures of the economy. a currency's supply of money and demand   The movement of currencies throughout the globe is affected by any change in money flows. Understanding the rules of trading is more important than being an expert in economics. But, having a fundamental comprehension of the economic principles that regulate the movement of money throughout the globe and a high-level understanding of Forex trading as well, would be ideal.   In order to build a strategy that fits your personality it is crucial to be familiar with the market structure, order flow and algorithmic movement. Those people who are new in this industry need to get more information about how to learn forex trading, to avoid losing money and being a victim of financial frauds. For forex traders, there is always a piece of economic data due for publication from at least eight major currencies that may be used to make smart bets. However, It is also worth noting that in reality, the eight most closely watched nations provide statistics on an average of seven days a week (excluding vacations). There are several prospects for people who trade news.   It's more difficult to trade the news than it seems. Both official and unofficial estimates (whispers) and adjustments to earlier reports are critical to determining a consensus figure. According to both the relevance of the nation providing the data and the importance of this release in comparison to other data releases, certain releases are more relevant than others. How To Start Forex Trading - Basic Guide If the value of one currency rises or falls relative to the other, then forex trading is successful.   Even if the price may rise tomorrow, a trader may decide to acquire a currency now and sell it for a profit at a later date. We call this "going long."   Another option is to sell a currency and then purchase it back later at a lower price if they believe its value will fall. Going short is a term for this.   Inflation, interest rates, and political events may all have an impact on the value of a currency. Find a forex broker first to obtain access to the market.   You may establish a forex trading account online after you've chosen a broker and are ready to begin trading.   Before making an investment, it is essential to verify that a broker is regulated by the Financial Conduct Authority (FCA).   The Financial Conduct Authority (FCA) maintains an online database of all regulated brokers traders could trust. So, there is a risk that a broker that isn't listed is a fake company that is willing to defraud you for money. That’s the reason why you should always be vigilant and informed while making a choice.   Depending on whether you are buying or selling, the same currency pair will have somewhat different pricing.   There is a bit of a learning curve, but it's worth remembering that prices are always given in terms of the forex broker's viewpoint, rather than yours.   From the viewpoint of a broker, prospective purchasers must make an offer if you are selling currency. Consequently, When you purchase a currency, you'll have to pay the seller's asking price.   Using leverage, traders are able to borrow money from a broker so that they may trade higher quantities of money.   The broker will cover the remainder of your investment once you make a modest initial deposit known as a margin.   Depending on the broker, the amount of leverage available varies. If the investment is successful, leverage may help you enhance your profit, but it's crucial to keep in mind that trading higher quantities of currency can also raise your chance of loss.   Before employing leverage, make sure you understand all of the dangers and potential losses. This is because, unlike conventional investments, where you can only lose your original investment, leverage leaves you exposed to an almost limitless amount of risk.   As currencies fluctuate in value, it's difficult to maintain track of your transactions 24 hours a day in the forex market.   To minimize the danger of losing money if the market does not move in your favor, there are certain automatic methods that you may set up in your forex account   Stop-loss orders restrict the amount of money a trader loses if a currency's value rises over a specified threshold. An investor may select a minimum or maximum price at which they want to purchase or sell a currency pair. When you use limit orders, you don't have to keep an eye on currency rates and automatically purchase or sell a currency when the price reaches your target.   You need to exchange big amounts of money in order to see a profit on the forex market. However, even while leverage raises the amount of currency you trade, it substantially increases the chance of you losing money, so much so that you stand to lose more than your starting capital. So, before you start trading forex, make sure you do your homework and figure out whether you can afford to lose your money.

How to Start a Brokerage Company If you want to launch a brokerage company, you need to do some research on how to get started with a brokerage firm and then build a successful business plan that contains important elements such as where to register your brokerage and the trading instruments you want to provide. A white label brokerage solution or starting from scratch should also be considered. The following is a list of the steps involved in starting a forex trading firm. A Step-by-Step Guide to Start an FX Brokerage Firm From the Ground Up Acquaintance with legal requirements When launching a brokerage firm, the first step is to familiarise yourself with the legislation and legal requirements. The solutions that apply to your organisation are determined by its geography and target market. To begin with, you should check out the regulations governing forex brokers in the nation in which you intend to establish your firm. Additionally, it would be beneficial if you determined your target market. Locate a legal firm in that location that can assist you with the licensing procedure. Your FX brokerage company location The product selection you make will play a role in determining where your brokerage company is registered. Certain governments are more tolerant of brokerage businesses. Due to the fact that requirements for stock broker license obtaining differ by nation, it is often prudent to consider off-shore territories and forex-friendly countries such as Estonia, Cyprus, and the British Virgin Islands. Creating a business plan for a forex brokerage Along with sufficient start-up cash and regulatory compliance, you'll need a well-defined company plan, as well as the ability to evaluate and target the market. Define your target audience and the breadth of the services you will offer. Is your trading platform intended to handle simple fiat currency trading, or do you intend to add cryptocurrency trading as well? Prepare an FX brokerage business strategy thoroughly in advance and leave ample time for the procedure. Putting staff together When opening a forex firm, your staff of IT, marketing, accounting, and legal specialists is critical. To become a forex ECN broker and ensure that the platform runs well, you will require a team of IT specialists, accountants, attorneys, and support employees. This is the very minimum requirement to ensure compliance with data protection rules and the timely resolution of any technical and legal difficulties. Brokerage businesses are frequently the primary target of cybercriminals due to the number of financial transactions they perform and store. As a result, you want a trustworthy solution to safeguard your software, website, and payment processing gateways. Even if your virtual office is initially without a real location, it should be completely functional and safe. Establishing a corporate banking relationship The registration procedure begins with the establishment of company bank accounts. You will need to negotiate a line of credit with a bank if you intend to take over margin trading. Certain banks employ lengthy and complicated verification and approval processes. You may be required to appear in person for AML verification processes or to retain the services of a local attorney who will act as your legal representative on all official issues. Establishing contact with a liquidity provider Liquidity will be at the heart of your firm since you will need to provide traders with the ability to trade with leverage. When selecting a liquidity provider, take your time and ultimately choose one that combines liquidity from the largest financial institutions and gives the best pricing. The more favourable rates you obtain, the more favourable spreads you can give your clients. Developing a relationship with a payment processor Connecting with reputable payment service providers is critical for efficiently receiving payments from clients when setting up a forex trading company. Transaction fees are assessed by payment service providers. As a result, the fewer these costs are, the more beneficial rates and trading circumstances your clients will have. PSP has access to the funds of your business. That is why it is critical to select a trustworthy and well-established PSP. Creating a trading platform of your own This process comprises the design of your FX broker's website, as well as determining which trading platform to employ and which extra services you want to incorporate. According to the market, MetaTrader 4 and 5 are the two most popular trading platforms. Perhaps those solutions are not the most comprehensive, but the vast majority of tutorials and instructional resources are based on MT4/5. This is why traders are also on the lookout for such platforms. Your trading platform pre-launch After you've completed the critical procedures for starting forex brokerage firms, you'll need to thoroughly evaluate all the technical components of your trading platform. This pre-launch method helps you address any concerns or difficulties that may arise prior to going live. After confirming that everything is operational, you're ready to develop successful marketing methods for reaching out to prospective clients. Developing a marketing strategy It should span at least two years and contain a strategy for how to attract new traders and achieve SEO and PPC objectives. Additionally, you must track every dollar spent on your campaign and assemble a team of professionals that will assess success and ensure that your FX brokerage firm scales appropriately. While this is the final phase, it must be addressed while creating a company strategy. You should be prepared to set aside more funds to establish a marketing department. White Label Approach Due to the extensive and time-consuming procedures that must be performed in order to start a forex brokerage from scratch, many ambitious brokers opt to buy an existing FX brokerage instead. Because it is built on forex brokerage software that has been fully tested and confirmed to be operational, this is referred to as a "white label solution." Buying a white label solution is an excellent investment for brokers, as it relieves them of the burden of dealing with technological limitations, installation difficulties, and continuing maintenance challenges. Another clear advantage of FX white label systems is their overall lower operational costs. Paying for a use licence is far less expensive than designing a solution on your own, and in the scenario where your white label supplier processes the trading activities directly, you also save the hassle and expense of complying with capital requirements. By partnering with an expert in WL forex solutions, such as B2Broker, you can benefit from the implementation of a professional, pre-built solution, allowing you to launch your own brokerage in a matter of weeks while avoiding the numerous pitfalls you may encounter when you start a brokerage firm from scratch. Conclusion After all, there are two points worth emphasising: The forex brokerage sector is a highly profitable one; Establishing your own FX brokerage firm might be prohibitively expensive. Notably, in order to develop a competitive brokerage firm, you must perform several duties and have a sufficient budget. That is why, in the early stages, launching an FX brokerage through a forex white label solution may be a superior option. For entrepreneurs just starting out, this implies that after you have a stable client base and a higher volume of trading activities, you may begin developing your own brokerage firm with complete control and profit margins of 100%.

Summary: US forex and stock markets await labour statistics. The UK economic outlook shocks the market. CHF weakens further.   Read next: (EUR/USD) ECB Reveals The Possibility Of Interest Rate Increases In July, Negative Investor Sentiment Towards The GBP, Investor Sentiment Turns Bullish For The AUD/JPY Pair - Good Morning   EUR shows slight strengthening against the US Dollar The price of the EUR/USD currency pair has increased since the market opened this morning. The strengthening of the Euro comes as the market awaits the release of the latest nonfarm payrolls data due from the U.S. Bureau of Labour Statistics, which are expected to have decreased over the past month. If there were any chance of the labour crisis being improved, the Fed may slow on their aggressive monetary policy. The market sentiment for this currency pair is mixed, investors are awaiting the announcement from the Bureau of Labour Statistics, if the results are favourable, we could see the US Dollar strengthen even more, if the results are below market expectations, we could see the EUR temporarily strengthen further against the US Dollar during the trading day. EUR/USD Price Chart GBP weakens against the EUR Market sentiment is showing bullish signals for this currency pair. On Thursday the Bank of England (BoE) announced their May economic forecast, which reflected a bleak picture. The BoE forecasted inflation to reach around 10% by the end of the year, along with expectations that the UK economy will slow, this forecast made the market turn away from the GBP. In the current economic environment, it is likely that other economies will face the same issues as the UK. EUR/GBP Price Chart CHF continues to weaken against the USD This currency pair is showing bullish market signals for the future. The US Dollar continues to strengthen against the Swiss Franc, the hawkish Fed and dovish SNB are factors driving investors to be net-short. USD/CHF Price Chart USD shows strength against the GBP. The GBP has weakened substantially against the USD in the past 24 hours. The Weakness of the pound sterling is reflective of the fact that the market and the Bank of England (BoE) have differing views of where they believe interest rates are going. Despite the BoE announcing that more interest rate hikes are on the way, markets have still reflected their lack of confidence in the currency. The hawkish Fed continues to drive the US Dollar's strength. GBP/USD Price Chart   Read next: US Dollar (USD) Expected To Strengthen As Investors Await Fed’s Interest Announcement (EUR/USD, AUD/USD), BoE are Expected To Raise Their Interest Rates (EUR/GBP), (AUD/USD) Showing Mixed Market Sentiment Signals, USD/CHF Is Bullish    Sources: finance.yahoo.com, bankofengland.co.uk, dailyfx.com, poundsterlinglive.com

Summary: Between the Russia Ukraine war and the hawkish Fed, the EUR is battling to recover. Negative global investor sentiment is causing the GBP to struggle even more. EUR continues to strengthen against the CHF. GBP/JPY currency pair. The possibility of a recession in the EU looms. Since the market opened on Monday, the US Dollar has strengthened almost a further 0.5% against the Euro. Investor confidence in the Euro has plummeted as some investors believe that the Euro will eventually end up level with the US Dollar, this comes as Russia's attack on Ukraine continues and the EU oil embargo on Russia. Investors are concerned over the possibility of a recession in the European Union. In addition the hawkish fed increasing interest rates in their attempt to fight inflation is causing investors to turn from the EUR, which is further driving the price down. EUR/USD Price Chart   Read next: (EUR/USD) All Eyes On The US Bureau Of Labour Statistics’ Results Due On Friday, (EUR/GBP) Bleak Economic Outlook For the UK Sends GBP Spiralling - Good Morning Forex!    EUR showing strength against the GBP Since the market opened on Monday, the EUR has strengthened against the GBP. The weakening of the pound sterling to the EUR comes after the Bank of Englands (BoEs) cautious interest rate hike in the midst of negative global investor sentiment. However, market sentiment for this currency pair is showing mixed signals. According to poundsterlinglive.com, any near future strengthening in the GBP is likely to be short lived. EUR/GBP Price Chart CHF losing more ground to the EUR On Monday the market sentiment for the EUR/CHF currency pair was reflecting a bullish signal. With the Swiss National Bank (SNB) refusing to tighten their monetary policy, the EUR has been strengthening against the CHF over the past month and will likely continue to do so. EUR/CHF Price Chart Pound Sterling attempts recovery against the JPY Despite the lack of investor confidence in the Pound Sterling, the GBP has still strengthened against the JPY on Monday, with market sentiment showing bullish signals for the future. The strengthening of the GBP has been very small. The positive price change comes in an attempted recovery after the Yen strengthened against the Pound Sterling last week amidst the BoEs announcements. GBP/JPY Price Chart   Read next: (EUR/USD) ECB Reveals The Possibility Of Interest Rate Increases In July, Negative Investor Sentiment Towards The GBP, Investor Sentiment Turns Bullish For The AUD/JPY Pair - Good Morning Forex!    Sources: poundsterlinglive.com, finance.yahoo.com, dailyfx.com

Summary: The ECB turning hawkish is causing the Euro to strengthen. Disappointing PMI data caused the GBP to weaken. Hawkish SNB offers CHF support. Read next: ECB Offering The Euro Support (EUR/USD), Strengthening Of The Renminbi Supporting The EUR and GBP, SNB Turns Hawkish (EUR/CHF) - Good Morning Forex!  Euro trumps US Dollar Market sentiment for this currency pair is reflecting bullish signals, which means investors are confident in the Euro. The strengthening of the Euro comes after the European Central Bank’s (ECB) President Christine Lagarde confirmed market expectations that the ECB would raise interest rates in July. The hawkish sentiment of the ECB has instilled investor confidence in the Euro, despite the continuing hawkish Fed, investors are still turning to the Euro due to concerns around the US economy falling into a recession. EUR/USD Price Chart Pound Sterling Weakens after PMI data release The Release of PMI data showed that the UK economy was close to contracting in May, the results came in well below expectations, a figure that is out of the ordinary. The Pound Sterling weakened based on this news and JP Morgan has flagged the UK economy as the “poster child” for stagflation. The market sentiment for the EUR/GBP currency pair is reflecting bullish signals. EUR/GBP Price Chart Swiss Franc continues to trump US Dollar Market sentiment for this currency pair is reflecting a bearish sentiment. Late last week and this week the Swiss Franc began strengthening against the US Dollar, this comes in the wake of both the concerns around the slowing US economy and in conjunction the hawkish attitude from the Swiss National Bank (SNB). USD/CHF Price Chart AUD/JPY currency pair Market sentiment for this currency pair is reflecting bullish signals. This currency pair has experienced a lot of volatility over the past week. In addition there is a temporary pause in the growth of the JPY as investors are starting to be less weary about taking on some risk. AUD/JPY Price Chart Read next: (DJIA) Dow Jones Index Rising, Investors Confidence In The Euro Is Looking Bullish As ECB Confirm Interest Rate Increases  Sources: finance.yahoo.com, dailyfx.com, poundsterlinglive.com

Summary: Investor confidence in both the Euro and US Dollar causing mixed sentiment for the EUR/USD currency pair. GBP beats Euro and USD despite poor PMI data released on Tuesday. RBA June policy meeting will determine the AUD strength Read next: Hawkish ECB Bodes Well For The Euro, UK PMI Data Disappoints (EUR/GBP), Hawkish SNB Offers Swiss Franc Still Support (USD/CHF), AUD/JPY - Good Morning Forex!  Mixed sentiment for the EUR/USD The market is reflecting mixed market signals for this major currency pair. In the Wake of the FOMC meeting minutes, the US Dollar has found some stability. The market can expect a 50bp interest rate hike at the next two Fed meetings, with a possible pause in the hikes later on in the year. The Euro is also on an upward streak with the strong possibility of the European Central Bank (ECB) tightening monetary policy in July. EUR/USD Price Chart GBP strengthens The market is reflecting bearish market sentiment for this currency pair. On Thursday the GBP recovered some of its losses against the Euro after the UK PMI report on Tuesday. Improved market attitude acted in favour of the Pound Sterling against the Euro on Thursday. However, the outlook for the GBP still looks challenging going forward with an overly cautious Bank of England, high-inflation and global risk aversion. EUR/GBP Price Chart GBP/USD reflecting bullish sentiment Market sentiment for this currency pair is reflecting bullish signals. On Thursday the GBP recovered some of its losses against the US Dollar. Improved market attitude acted in favour of the Pound Sterling against the US Dollar on Thursday. GBP/USD Price Chart Future of the AUD waits the RBA monetary policy decision The market is reflecting bullish signals for this currency pair. The Reserve Bank of Australia (RBA) June policy meeting will likely see a future hike in interest rates. If the RBA tightens their monetary policy the Australian Dollar could strengthen. If the RBA chooses a dovish approach, the Aussie Dollar could struggle. AUD/USD Price Chart Read next: EUR Falls To US Dollar (EUR/USD), Pound Sterling Due To Weaken As UK Recession Looms (EUR/GBP), Market Awaits Fed Meeting Minutes (USD/CHF, GBP/USD)  Sources: finance.yahoo.com, dailyfx.com, poundtserlinglive.com

Summary: Euro strengthening against the USD as market expectations for rising interest rates grow. GBP strengthened on Friday. Too soon to assume bearish USD sentiment. Read next: FTSE 100 Index Rises Thanks To Shell and BP Stocks, British Pound (GBP) Weakens After Thursday Morning Strengthen  ECB interest rate expectations offer EUR support The market is reflecting bullish signals for this currency pair. The Euro has been strengthening recently due to growing expectations of the European Central Bank rising the interest rates. The market is now anticipating a 100bp hike in the rates starting in July. At this point in time it is difficult to assume that the US Dollar will remain weak. The market has seen expectations of Fed interest rate hikes decrease, however, the increasing inflation seems to be keeping the Fed on track whilst tensions in China and between Russia and the Ukraine continue. EUR/USD Price Chart Sunak’s giveaway offers support to GBP The market is reflecting mixed market sentiment for this currency pair. On Thursday Rishi Sunak announced that the UK government would be giving GBP15 billion to UK households in an attempt to boost consumer attitudes. On Friday the Pound Sterling strengthened against the euro as the move offered GBP support, in addition UK consumers are instilled with more confidence in spending. In addition, the windfall tax that was implemented against oil companies has also offered GBP support. EUR/GBP Price Chart AUD is boosted by weaker USD Market sentiment for this currency pair is reflecting bullish signals. Investor confidence in the Australian Dollar comes from a combination of a recovery in risk assets and weaker US Dollar in the wake of a Fed member hinting that there could be a pause in tightening monetary policy in September. AUD/USD Price Chart JPY underperforms The market sentiment for this currency pair is reflecting bullish signals. Both the US Dollar and Japanese Yen were market underperformers during the Asian session. The US Dollar is, however, outperforming the Yen. USD/JPY Price Chart Read next: FOMC Meeting Minutes Offer Support To The US Dollar (EUR/USD), Improved Market Attitude Favoured The GBP On Thursday (EUR/GBP, GBP/USD), Market Awaits RBA Monetary Policy  Sources: finance.yahoo.com, dailyfx.com, poundsterlinglive.com

Summary: Expectations for the ECB to raise interest rates grow. GBP doing well in the wake of HM Treasury’s Thursday announcement of the stimulus package. As China eases lockdowns, the AUD strengthens. Read next (COST) (Retail Stores) Costco Stock Beats Market Expectations  Euro still gaining on the US Dollar Market sentiment for this currency pair is reflecting bullish signals. The current combination of a strong Euro and a weak US Dollar is giving room for the Euro to bounce back to a level almost equal to that of 5 weeks ago. The market expectations for the European Central Bank (ECB) to raise interest rates have been growing over the past few weeks, whilst the expectations for the US Dollar have weakened as market price out some of the Feds hawkish decisions. EUR/USD Price Chart Market sentiment toward the Pound Sterling remains strong Market sentiment for this currency pair is reflecting bearish signals. On Tuesday, Eurostat is expected to release their estimate for May inflation, which could have an impact on the Euro. The move made late last week by HM treasury to implement a stimulus package to struggling households has the markets favouring the Pound Sterling over the EURO. EUR/GBP Price Chart Australian Dollar benefitting from the opening Chinese economy The Australian Dollar is performing well against the Pound Sterling amidst China continuing with the phased re-opening of the economy in the wake of its most recent Covid-19 lockdowns. It is well known that what is good for the Chinese economy is normally good for the Australian Dollar. If the global economic outlook continues to improve (especially in China), the AUD could outperform. GBP/AUD Price Chart AUD/USD reflecting mixed market signals The market is reflecting mixed market sentiment signals. The Australian Dollar is strengthening as the Chinese economy outlook seems positive in conjunction with the weakening US Dollar, giving the AUD a chance to strengthen against the USD. AUD/USD Price Chart Sources: finance.yahoo.com, dailyfx.com

Summary: Euro Zone inflation rose to 8.1% in May. Both the BoE and the ECB are expected to tighten monetary policy. The easing of lockdowns will benefit not only China’s economy but economies that rely on China for trading. The GBP may continue its strengthening streak against the USD going into the third quarter of this year. Read next:Strong Investor Sentiment Toward The Euro Continues (EUR/USD), EUR/GBP Currency Pair, As China Ease Lockdowns The AUD Outlook Seems Positive (GBP/AUD, AUD/USD)  EUR/USD maintains bullish sentiment Market sentiment is reflecting bullish signals for this currency pair. Euro Zone inflation rose to 8.1% in May, this rate is around 0.4% higher than expectations, which reaffirms the European Central Banks (ECBs) case for tightening monetary policy in quarter 3. The risk of slower growth is a reality, which may favour the US Dollar going forward. Whether the current strength in the Euro against the USD is going to continue may depend on which economy slows faster, the ECBs interest rate hike and the war in the Ukraine. EUR/USD Price Chart EUR/GBP reflecting mixed market sentiment The market sentiment for this currency pair is reflecting mixed signals. There have been concerns about the UK economic outlook which have grown in response to rising inflation, which can be mainly attributed to rising energy prices. The Bank of England (BoE) is still expected to continue raising interest rates. In addition, the European Central Bank (ECB) is expected to tighten monetary policy which is instilling confidence in the Euro. EUR/GBP Price Chart NZD to benefit from China's strengthening economy The NZD benefitted of Monday in the wake of China’s easing of COVID-19 lockdowns, strengthening against the Pound Sterling. The easing of lockdowns will benefit not only China’s economy but economies that rely on China for trading, New Zealand's economy is one of those who will benefit. GBP/NZD Price Chart US Dollar taking hits on the forex markets The market is reflecting bullish signals for this currency pair. Seasonal factors may be able to aid the GBP continue to strengthen against the US Dollar. The recent macroeconomic data that has been released has been underwhelming for the market and therefore the US Dollar has taken a hit, in addition the market expectations of the Fed to slow or stop tightening monetary policy is also affecting the US Dollar negatively. The GBP may continue its strengthening streak against the USD going into the third quarter of this year. GBP/NZD Price Chart Read next: S&P 500 Sees Good Start To The Week, UK Economy Not Performing As Well As Its Major Economy Counter Parts  Sources: finance.yahoo.com, poundsterlinglive.com, dailyfx.com

Summary: The Euro has lost slightly to the US Dollar on Wednesday. EUR/GBP reflecting bearish signals. AUD outperforms on Wednesday. Pound Sterling taking advantage of the weaker USD Expectations of a hawkish ECB remain Market sentiment for this currency pair is reflecting mixed signals. The Euro has lost slightly to the US Dollar on Wednesday in the wake of the European Union (EU) reaching a decision on the Russian oil embargo on Tuesday. The embargo has heightened investors' fears that there may be further downward growth in the eurozone. The EU PMI economic data released on Wednesday exceeded market expectations maintaining an expansionary stance. In addition, the expectation of a hawkish European Central Bank (ECB) turning hawkish in the third quarter of the year remains. EUR/USD Price Chart Investor sentiment towards the Euro has slipped The market sentiment for this currency pair is reflecting bearish signals. In the wake of the European Union reaching a decision regarding the Russian oil embargo, investor sentiment toward the euro has slipped. In conjunction, investor sentiment toward the pound sterling has strengthened. EUR/GBP Price Chart AUD is Wednesdays best performing currency Market sentiment is reflecting bullish signals for this currency pair. The Australian Dollar may have outperformed the US Dollar on Wednesday, but future policies from both the central banks could impact this currency pair. Reserve Bank of Australia (RBA) GDP data released on Wednesday exceeded market expectations, making it Wednesdays best performing currency. AUD/USD Price Chart Pound Sterling taking advantage of the weaker USD Market sentiment is reflecting bullish signals for this currency pair. The pound sterling has taken advantage of the weakening USD over the past couple weeks in the wake of recession concerns. GBP/USD Price Chart Sources: finance.yahoo.com, dailyfx.com, poundsterlinglive.com

Summary: The euro opened strong on Wednesday in the wake of U.S treasury yields surging. Inflation for the eurozone hit record levels in April. The Australian Dollar has been unmoved by an outstanding trade balance that beat market expectations. EUR/JPY Read next: EuroZone Inflation Exceeds Market Expectations (EUR/USD) (EUR/GBP), New Zealand Economy Will Benefit From China’s Lockdown Easing (GBP/NZD), GBP Bullish (GBP/USD)  Euro and US Dollar The market is reflecting mixed market signals for this currency pair. The euro opened strong on Wednesday in the wake of U.S treasury yields surging. The U.S economic data that has been released this week has been strong, which has given the market confidence around the hiking cycle. This sentiment comes in contrast to last week's sentiment of an overconfident Federal Reserve. The eurozone is under pressure in the wake of the Russian oil embargo with the possibility of Russia retaliating by potentially cutting off gas from the region, which may aggravate an already bad inflation situation and risk downside potential for the euro. EUR/USD Price Chart Eurozone inflation hit record highs The market is reflecting mixed market signals for this currency pair. Inflation for the eurozone hit record levels in April, this means that it may be more likely that the European Central Bank (ECB) may implement a 50 basis point rate hike before the year-end. If this were to go through, it could underscore the Euro’s already steady rebound against the US Dollar and the Pound Sterling. EUR/GBP Price Chart Australian Dollar benefitting from a trade balance that beat expectations The market is reflecting bullish market signals for this currency pair. The Australian Dollar has been unmoved by an outstanding trade balance that beat market expectations. In addition, the Reserve Bank of Australia (RBA) published their commodity price index (CPI) that accounts for the composition of Australian commodity exports yesterday. AUD/USD Price Chart The Japanese Yen weakened The market is reflecting mixed market signals for this currency pair. The Japanese data revealed a jobless rate that exceeded market expectations, but retail sales stayed at 0.8% for April. The mood was then turned bad with a miss in industrial production. It was anticipated at -0.2% but came in at -1.3% for the month of April. The Japanese Yen weakened on this news as well as the higher oil price taking its toll on the energy importing economy. EUR/JPY Price Chart   Sources: finance.yahoo.com, poundsterlinglive.com, dailyfx.com

Summary: OPECs plans to increase their oil output favours the Euro. ECBs window for tightening monetary policy seems to be narrowing. The market is reflecting mixed sentiment for the USD/CHF currency pair. Read next: The Euro Opened Strong On Wednesday Against The US Dollar (EUR/USD), Euro Could Continue Gaining On The GBP (EUR/GBP), Australia’s Trade Balance Beats Market Expectations (AUD/USD),   German PMI declined for the 3rd month in a row The market is reflecting bullish signals for this currency pair. The US Dollar weakened overnight in the wake of data that showed US payroll rose less than expected in May. The European Union finalised the ban on Russian seaborne oil, with the hope of reaching a 90% decline in imports by the end of 2022. Oil prices rose in the wake of this news, however OPEC indicated its plans to compensate their western allies for the oil lost through the embargo. In addition, the German PMI fell for the third consecutive month. EUR/USD Price Chart Post-lockdown growth is slowing in even the largest EU economy. The market is reflecting bullish signals for this currency pair. With German PMI declining for the third consecutive month, rising stagflation and a pessimistic economic outlook within the European Union. Hence, the European Central Banks (ECB) window for tightening monetary policy seems to be narrowing. Originally plans for increasing rates were to begin in the third quarter of this year, however, given the current circumstances, it could be justified to start earlier than originally planned. Although it may be justified, it is unlikely given the ECB president has tried to set out the EU monetary policy plan from the start, despite increased pressure. EUR/GBP Price Chart USD/CHF Reflecting mixed signals The market is reflecting mixed sentiment for this currency pair. The expectation for the month of June for this currency pair is bearish, the US Dollar may be weakening, however, this forecast is based on the trends of the past. With the Swiss National Bank (SNB) expected to turn hawkish and the fears of the US economy heading into a recession, perhaps the reality will be different from the forecast. USD/CHF Price Chart USD/JPY Pair As the US Dollar weakens, investors are turning to the Japanese Yen safe-haven asset. The market sentiment for this currency pair is reflecting bearish signals. USD/JPY Price Chart Sources: finance.yahoo.com, dailyfx.com

Summary: ECB interest rate decision due to occur later this week. Confidence vote being held for Boris Johnsson later on Monday. Investor confidence could be returning to the markets. On Tuesday the Reserve Bank of Australian (RBA) is due to announce its decision regarding tightening of monetary policy. Read next: Altcoins: Decentraland (MANA), What Is It? A Deeper Look Into The Decentraland Platform  EUR strong entering the week On Monday market sentiment for this currency pair turned bearish. The Euro opened stronger on Monday as the market awaits the European Central Banks (ECB) interest rate decision, which is due to occur later this week. If the European Central Bank shows any signs of dovish intentions, the effects could be heavy on the Euro's downside, however, if a hawkish attitude is shown (which seems to be more likely), the upside effect on the euro may be minimal as the expected hike is already priced into the market. U.S CPI data is expected to close off this week, if there is another undershoot regarding the CPI data, it will just confirm that inflation has reached its peak and add to dovish pressure. EUR/USD Price Chart Both Euro and Pound sterling entered the week strong The market is reflecting mixed signals for this currency pair. As the market awaits the European Central Bank's (ECB) announcement regarding the decision for interest rates in July and September, the Euro entered the week strong. In addition, the pound sterling also entered the week strong despite a confidence vote being held this evening to determine Prime Minister Boris Johnssons future as leader. The pound sterling holding strength, shows its resilience to political tensions. EUR/GBP Price Chart EUR/CHF bullish The market is reflecting bullish signals for this currency pair. Amidst the expected announcements from the European Central Bank this week, the Euro has entered the week strong, even against the safe-haven Swiss Franc. During times of economic stress, investors normally turn to safe-haven assets, however investor confidence seems to be returning to the markets. EUR/CHF Price Chart RBA due to make an announcement The Australian Dollar entered its third week of gains this week in the wake of China’s easing of Covid-19 lockdowns and stronger than expected GDP data. However, on Tuesday the Reserve Bank of Australian (RBA) is due to announce its decision regarding tightening of monetary policy. The price of the GBP/AUD currency pair is sensitive to the price changes of the GBP/USD currency pair. GBP/AUD Price Chart Sources: finance.yahoo.com, dailyfx.com, poundsterlinglive.com

Summary: Markets are becoming more optimistic around hopes of a more hawkish European Central Bank (ECB). Firmer oil prices adding to downward pressure on JPY. Strong market expectations of a more hawkish Swiss National Bank (SNB). Read next: DOW 30 Turbulent In The Wake Of Targets (TGT) Profit Warning, Japanese Yen Suffering From BoJ Monetary Easing  Euro holds steady The market is reflecting mixed signals for this currency pair. The markets are becoming more optimistic around hopes of a more hawkish European Central Bank (ECB) tomorrow after adding a couple more basis points to the yearly forecasts. There has been talk of a 50bps hike in July and rumors of a possible hike on Thursday, it is likely that the market could see a change in ECB tone which has allowed the Euro to remain resilient against the US Dollar. On Wednesday, the market opened with strong economic Q1 data for the eurozone. The euro did not react instantly to the release of this data, likely due to its delay. EUR/USD Price Chart Anticipation of ECBs announcement offers Euro support The market is reflecting mixed signals for this currency pair. The Euro has gained against the pound sterling ahead of the market awaiting the European Central Banks (ECB) interest rate announcement, which is due tomorrow. Earlier in the trading week the pound sterling rallied in response to the news of Boris Johnssons vote of no confidence. If the ECB announces an interest rate hike in July, the pound sterling currency could be under pressure against the Euro. EUR/GBP Price Chart Negative outlook for Japanese Yen is likely to continue The market is reflecting bullish signals for this currency pair. In addition to the Bank of Japan (BoJ) continuing its monetary easing, firmer oil prices have added to the downward pressure on the Japanese Yen and both of these factors will continue to add to the negative outlook for the safe-haven currency. USD/JPY Price Chart CHF holding its position in the market The market is reflecting bullish signals for this currency pair. The Swiss Franc has recovered against the US Dollar in comparison to the lows experienced in mid-May when the US Dollar was at its strongest, the recovery comes in the wake of market expectations of a more hawkish Swiss National Bank (SNB). the expectations come from indications from policy makers that the SNB will increase its interest rates for the first time since the 2008 financial crisis. USD/CHF Price Chart Sources: finance.yahoo.com, poundsterlinglive.com, dailyfx.com

Summary: ECB announcement due on Thursday, analysts expect hawkish moves. Dovish BoJ causing the safe-haven asset to weaken. The market is reflecting bearish signals for the AUD/USD currency pair. Read next: Alibaba (BABA) Amongst US Listed Chinese Stocks That Have Seen Major Gains  ECB expected hawkish attitude supporting EUR The market is reflecting bullish signals for this currency pair. The highlight of the Thursday trading day for the foreign exchange markets is the European Central Banks (ECB) announcement. Over the past few weeks, members of the ECB have been stressing the need for interest rate hikes in July with the bank's president, Christine Lagarde saying the July hioke would likely be followed by a September hike. The strong expectations are offering the Euro support against the US Dollar. EUR/USD Price Chart Euro strengthens against the GBP The market is reflecting bullish signals for this currency pair. The Euro could strengthen further against the pound sterling if the European Central Bank (ECB) ends up turning hawkish as analysts expect. Over the past few weeks, members of the ECB have been stressing the need for interest rate hikes in July with the bank's president, Christine Lagarde saying the July hioke would likely be followed by a September hike. EUR/GBP Price Chart RBA hawkish vs BoJ dovish The market is reflecting bullish signals for this currency pair. The AUD/JPY currency pair is one of the more volatile currency pairs. The Australian Dollar has gained on the safe-haven Japanese Yen over the past week due to the Reserve Bank of Australia (RBA) turning hawkish and the Bank of Japan (BoJ) choosing to continue with monetary easing. AUD/JPY Price Chart US Dollar benefitted from AUD risk sensitivity The market is reflecting bearish signals for this currency pair. Inflation worries resurfaced on Wall Street, which drove US stocks lower, this sentiment may have a domino effect on the Asia-Pacific markets. The fall in sentiment weighted on the risk-sensitive Australian Dollar, thus benefiting the US Dollar in this currency pair. AUD/USD Price Chart Sources: finance.yahoo.com, dailyfx.com, poundsterlinglive.com

Summary: The ECB turned hawkish and announced its plans to increase all interest rates in July by 0.25%. The ECB press conference started, the path forward became ambiguous again. Markets awaiting US CPI data offer support to the US Dollar. US Dollar strengthening ahead of US CPI data release, The market is reflecting bearish signals for this currency pair. On Thursday the European Central Bank (ECB) turned hawkish and announced its plans to increase all interest rates in July by 0.25% and left open possibility for further hikes in September. However, the ECB press conference made clear to the market that there are circumstances in play that could struggle to keep up with the recently escalating market expectations, which could potentially explain the weakening of the Euro. The US CPI data for May is on schedule to be released during the trading day on Friday, which is offering support for the US Dollar. EUR/USD Price Chart GBP rallies in response to ECB ambiguity The market is reflecting bearish signals for this currency pair. The Euro tumbled on Thursday when the European Central Bank's (ECB) president Christine Lagarde sent the market mixed messages regarding the future policies. The written statement signaled a 0.25% increase in all interest rates in July, however, once the press conference started, the path forward became more ambiguous again, causing the Euro to lose against the Pound sterling and the US Dollar. EUR/GBP Price Chart US CPI data offers USD support. The market is reflecting bullish signals for this currency pair. The US Dollar is being supported by strong market expectations for US CPI data. In addition the Bank of Japan (BoJ) is continuing its dovish approach through quantitative easing, causing the safe-haven asset to weaken across the board. USD/JPY Price Chart USD/CHF The market is reflecting bullish signals for this currency pair. The US Dollar is being supported by strong market expectations for US CPI data, despite prospects of the Swiss National Bank turning hawkish. USD/CHF Price Chart Sources: finance.yahoo.com, pounsterlinglive.com, dailyfx.com

Summary: High US CPI inflation is likely to cause the Fed to retaliate, offering USD support. The market is reflecting mixed market signals for the EUR/GBP currency pair. Sharp decline in the value of the JPY sparks BoJ response. Read next: US CPI Data Due On Friday Offers USD Support (EUR/USD, USD/JPY, USD/CHF), Pound Sterling Rallies Against Euro Due To The ECB Press Conference Ambiguity (EUR/GBP)  EUR/USD Bearish as the market expects a hawkish Fed The market is reflecting bearish signals for this currency pair. The Euro to US Dollar exchange rate fell heavily during last week's trading week in the wake of a toxic combination of international and domestic headwinds and could likely remain under pressure in the coming days if the Fed and US bond yields continue to wear down global investor sentiment. The high US CPI inflation rate indicates that inflation is showing no signs of peaking, the Federal reserve is likely to continue on its hawkish path of tightening monetary policy, which is offering the USD support. EUR/USD Price Chart Hawkish BoE could offer GBP support The market is reflecting mixed market signals for this currency pair. On Thursday the Bank of England (BoE) is due to make a monetary policy decision, if the Bank adopts a more hawkish tone, the pound sterling could strengthen against the EUR. However, economists don't expect a large increase in interest rates and the BoE has been pushing back from hawkish market expectations for its interest rate to reach either 2% or more by year end. EUR/GBP Price Chart BoJ may be ready to step in to save the JPY The market is reflecting bullish signals for this currency pair. On Friday the Bank of Japan (BoJ) made a joint government statement which echoed the concerns over the yen’s sharp decline, which indicated that the BoJ may be ready to respond appropriately. In his latest address to parliament, Kuroda stated, "The yen's recent sharp declines are negative for Japan's economy and therefore undesirable, as they make it hard for companies to set business plans". USD/JPY Price Chart AUD/JPY currency pair The market is reflecting bullish market sentiment for this currency pair. The sharp weakening of the Japanese Yen has caused the BoJ to hint plans of stepping in to save the safe-haven currency. AUD/JPY Price Chart Sources: finance.yahoo.com, dailyfx.com, poundsterlinglive.com  

Summary US Dollar supported by prospects of a hawkish Fed. The Pound sterling remains vulnerable to further losses against the Euro. Read next: US CPI Inflation Acceleration Likely To See Hawkish Fed Retaliation (EUR/USD), On Thursday The Market Expects The BoE Monetary Policy Decision (EUR/GBP)  Expectations of a hawkish Fed is driving the dollar up. The market is reflecting bearish signals for this currency pair. As expectations for the Federal Reserve to continue on its hawkish path, and raise interest rates even higher at the next FOMC heighten, the US Dollar is strengthening. A hawkish move from the Fed will likely drive the US Dollar higher as it will gain a yield advantage over its G10 peers. Uncertainty around driving the US economy into a recession also brings about the appeal for the US Dollars liquidity. EUR/USD Price Chart Pound Sterling tumbles in the wake of investor sell-off sentiment The market is reflecting bullish signals for this currency pair. The Pound sterling remains vulnerable to further losses against the Euro following the losses experienced in the last 24 hours which was driven by the strong risk-off sentiment that has been seen by the global markets, which is also linked to the strong expectations for larger interest rate hikes at the US Federal Reserve. EUR/GBP Price Chart US Dollar/Swiss Franc (USD/CHF) Bullish The market is reflecting bullish signals for this currency pair. With expectations for the US Federal Reserve to further tighten monetary policy, the US Dollar is strengthening against most of its counterparts, including the Swiss Franc. USD/CHF Price Chart UK employment data released UK jobs data was released early on Tuesday, which reflected an employment change for March beating estimates whilst the employment statistic missed expectations. The initial reaction to this data saw the pound sterling weaken against the US Dollar as the ease in the labor market could be a signal towards the start of an economic shift. GBP/USD Price Chart Sources: finance.yahoo.com, dailyfx.com, poundsterlinglive.com

Summary: Swiss Franc could be the most appealing safe-haven currency right now. Fears of a high level of striking in the United Kingdom. Russia under-delivers on its gas obligations to some European countries. Read next: Eurozone Inflation Data Offering Euro Support (EUR/USD, EUR/GBP), SNB 0.5% Interest Rate Hike Bombshell (EUR/CHF), BoJ Left Monetary Policy Unchanged (USD/JPY)  EUR/USD The market is reflecting mixed signals for this currency pair. In general there are fears of a global economic recession, this fear is affecting the foreign exchange markets. Russia cut some of its exports in gas to Germany, Italy and France, which foreshadows an increase in gas prices and possibly a complete stop to gas flows. If this occurs, expectations of a euro area recession is likely and will add to further inflation in Europe. All of these factors are driving the price of the EUR/USD currency pair. EUR/USD Price Chart EUR/GBP The market is reflecting bearish signals for this currency pair. Fears of a high level of striking in the United Kingdom is putting the Bank of England (BoE) under pressure to hike interest rates at a rate faster than economists expectations. Expectations of a more hawkish BoE is offering the pound sterling support against the Euro. EUR/GBP Price Chart The SNB’s surprise interest rate hike offered the CHF support The market is reflecting mixed signals for this currency pair. The CHF was the best performing currency during the trading week last week as the Swiss National Bank (SNB) surprised the market with a 50 basis point hike in interest rates. This move was the first of its kind in 15 years and offered the Swiss Franc support, and made the currency the most appealing safe-haven currency. EUR/CHF Price Chart NZD/USD The market is reflecting bearish signals for this currency pair. The New Zealand Dollar has lost momentum as expectations of a hawkish Reserve Bank of New Zealand (RBNZ) fade and Oil prices rise. Global markets continue to struggle amidst rising energy prices and hawkish central banks everywhere. NZD/USD Price Chart Sources: finance.yahoo.com, dailyfx.com, poundsterlinglive.com

Summary: RBC are so confident in this they recommended selling the GBP/SEK currency pair. Euro’s concerns lie in the rising energy prices and possible supply chain disruptions. KPMG cut UK economic growth forecasts for 2022 and 2023. Recession concerns are weighing on the US dollar. Read next: Concerns Of A Global Recession Continue To Weigh On Markets - Take A Look At The EUR/USD, EUR/GBP, GBP/AUD And EUR/JPY Currency Pairs  EUR and USD facing economic concerns The market is reflecting bullish signals for this currency pair. Federal Reserve Chairman, Jerome Powell reiterated in congress that it will be tough for the Fed to bring inflation down without harming the economy or disrupting the labour market, this began a downward revision to market expectations for US interest rates. The biggest concern for the Euro lies in the economic hit in the wake of rising energy prices and possible supply disruptions. Hence, the European Central Bank (ECB) views this as a medium-term source of disinflation, which is yet another reason to take a slower, more cautious approach to normalising monetary policy that has been priced in over the past months. EUR/USD Price Chart EUR/GBP currency pair The market is reflecting bullish signals for this currency pair. KPMG cut UK economic growth forecasts for 2022 and 2023, the cut comes from the expectation of a “mild” recession in the UK economy in 2023, in the wake of surging commodity prices and China's Covid outbreak. News of the downgrade in expectations is driving the Euro to strengthen against the pound sterling. EUR/GBP Price Chart Strong Sell recommendations for the GBP/SEK RBC Capital Markets’ foreign exchange strategists are warning that the pound is likely to suffer losses in the near-term against the Swedish Krona. They are so confident in this they recommended selling the GBP/SEK currency pair. The GBP is expected to take a hit at the end of the Month due to the release of important economic data. GBP/SEK Price Chart US recession concerns weighing on the US Dollar The market is reflecting bullish signals for this currency pair. During last week's trading week, the narrative changed from inflation concerns to recession concerns which are weighing on the US Dollar via lower treasury yields. The UK PM Borris Johnson is looking to hold onto his PM status and run for a 3rd term. GBP/USD Price Chart Sources: finance.yahoo.com, dailyfx.com, poundsterlinglive.com

Summary: The Fed remains fixated on crushing inflation. Martins Kazaks announced that it was worth looking at a 50 basis point hike. The AUD is benefitting from the reopening of the Chinese economy. Read next: EUR/USD Currency Pair Bullish, KPMG Cuts Growth Forecast For Pound Sterling (EUR/GBP, GBP/USD), RBC Capital Markets Recommend Selling GBP/SEK  ECB Forum Starts on Tuesday The market is reflecting bullish signals for this currency pair. The US Dollar softens in the wake of concerns around a looming recession that comes in the wake of a slowing economy on rising interest rates. Despite these concerns the Federal Reserve bank has made it clear that their focus is on containing surging inflation. The Euro has held onto Monday gains, the European Central Bank (ECB) will get under way today. EUR/USD Price Chart ECB has a busy week for interest rate policy The market is reflecting bullish signals for this currency pair. It is looking likely that the European Central Bank (ECB) is due to start its interest rate hiking cycle with a 50 basis point hike. After Martins Kazaks announced that it was worth looking at a 50 basis point hike the Euro strengthened against both the pound sterling and the US Dollar. This trading week is a busy one for the ECB interest rate policy as central bankers descend on Sintra, Portugal for the ECBs annual central banking get-together. EUR/GBP Price Chart AUD/JPY currency pair The market is reflecting mixed signals for this currency pair. As China comes out of its lockdowns, thus, boosting market expectations of a recovery in the second largest economy in the world and Australia’s largest export market. The Australian Dollar has strengthened in the wake of the news. Due to equities holding onto recent gains and the Japanese Yen’s safe-haven status, the currency is underperforming. AUD/JPY Price Chart GBP/JPY currency pair The market is reflecting mixed signals for this currency pair. The GBP/JPY currency pair is drifting higher as we near to the month end. It is natural for the Japanese Yen to underperform during this time as equities are holding onto their gains due to its safe-haven status. GBP/JPY Price Chart Sources: finance.yahoo.com, dailyfx.com, poundsterlinglive.com

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Moreover, RoboForex clients have access to more than 3,000 Nasdaq and NYSE stocks in the R StocksTrader platform. RoboForex offers 5 types of accounts: Prime, ECN, R StocksTrader, ProCent, and Pro. They differ in the size of the minimum deposit, the amount of the spread, and the commission. The conditions for the individual accounts are presented in the table below: Trading platforms at RoboForex The broker offers access to the MT4, MT5, cTrader, R StockTrader platforms, and R WebTrader. MT4 is a classic Forex and CFD trading platform and is the most popular and easiest to use. MT5 is a more advanced version of the classic platform with a set of additional features. cTrader is a platform for professional traders that gives direct STP access to the global currency markets. R StockTrader is a next-generation online platform that enables you to trade the most advanced instruments, including ETFs. R WebTrader is the company's own platform and comes both in the form of a web terminal and a mobile application (MobileTrader). RoboForex - Promotions and bonuses with this Forex broker RoboForex offers a welcome bonus of $30 to all new clients. There is also a Profit Share bonus option, which can be up to 60% of the deposit amount on all RoboForex Standard and Cent accounts. In addition, you can get a Classic bonus of up to 120% on your first deposit and all subsequent deposits. Moreover, from July 2022 to April 2023, a promotion is running on the occasion of the 12th anniversary of RoboForex, giving the chance to win monthly prizes ranging from $1,000 to $20,000. Safe Forex Broker - Are there any warnings on the Internet about RoboForex? The broker has the appropriate licenses for carrying out its activities. Currently, there are no warnings online about RoboForex. Reviews of RoboForex - Is it worth trading with RoboForex? Leave your opinion or comment! There are numerous opinions and comments on the web about RoboForex, the vast majority of which are positive. On the website with reviews of various companies, https://www.trustpilot.com/review/, RoboForex received 3.6 stars out of 5 with 13 votes. 61% of voters chose the highest rating and 8% a good one. If you want to share your opinion about RoboForex, be sure to do so in the comment section below this material. This is a helpful reference source for people who are considering opening an account with this broker. None of the comments is deleted by the administration. Your comment can help or harm the brokerage company; it is, therefore, important that you try to formulate your opinions objectively. RoboForex - investor education. Does the broker provide educational materials? There is a dedicated section on the brokerage company's website that contains educational materials. There, you will find a daily analysis of the situation in the markets, an economic calendar, and a blog with articles about individual markets and the most important upcoming events. There is also a section with answers to the most frequently asked questions regarding the operation of the trading platforms, the deposit and withdrawal of funds, order execution, etc. How to create an account with RoboForex If you want to set up an account with this broker, please complete the contact form in which you must provide your basic data, e-mail address, and telephone number. Then follow the further instructions. There is an option to try out a demo account before deciding on real trading. How to deposit and withdraw funds Funds can be deposited and withdrawn via bank transfer, payment cards, and electronic payment processors such as Perfect Money, AdvCash, and AstroPay. Currently, the broker does not charge any commission for fund deposits, and commission withdrawals are available twice a month. INVESTMENT RISK WARNING CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 58.42% of retail investor accounts lose money when trading CFDs with this CFD provider. Consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.

The world of foreign exchange, more commonly known as Forex, is a dynamic and intricate marketplace where currencies are traded globally. At the helm of this vast financial ecosystem are Forex brokers, playing a pivotal role in facilitating transactions and providing a gateway for traders to navigate the turbulent waters of the currency market. Understanding the Forex Broker: A Key Player in the Market A Forex broker acts as an intermediary between retail traders and the interbank forex market. Essentially, they link buyers with sellers and vice versa, executing trades on behalf of their clients. While the concept may seem straightforward, the significance of a Forex broker in the trading process cannot be overstated.   The Forex Broker's Functionality: More Than Just a Middleman 1. Execution of Trades One of the primary functions of a Forex broker is to execute trades swiftly and efficiently. With the click of a button, traders can buy or sell currency pairs, capitalizing on market fluctuations. The efficiency of this process relies heavily on the broker's technological infrastructure. 2. Market Analysis and Research Tools To navigate the intricate Forex market successfully, traders rely on accurate and up-to-date information. Forex brokers often provide a suite of tools and resources, including real-time charts, technical analysis, and market research, enabling traders to make informed decisions. 3. Leverage and Margin Facilities Forex trading often involves leveraging, allowing traders to control a larger position with a smaller amount of capital. Brokers provide leverage, but it's essential for traders to use it judiciously, as it amplifies both potential gains and losses. 4. Risk Management Services Managing risk is a critical aspect of Forex trading. Experienced brokers offer risk management tools such as stop-loss orders to help traders limit potential losses and protect their capital.     Selecting the Right Broker: Navigating the List of Forex Brokers Given the crucial role Forex brokers play, selecting the right one is paramount for traders. The internet is flooded with a myriad of options, making the process seem overwhelming. To streamline this decision-making, traders often refer to a list of Forex brokers – a comprehensive directory that outlines the key features and offerings of various brokers. Considerations When Choosing a Forex Broker: Regulation and Compliance: Ensure the broker is regulated by a reputable financial authority, enhancing trust and security. Trading Platform: Assess the broker's trading platform for user-friendliness, stability, and the availability of essential tools. Transaction Costs: Evaluate the broker's fee structure, including spreads, commissions, and overnight financing costs. Customer Support: Responsive customer support is invaluable. Test their responsiveness before committing to a broker. Educational Resources: A good broker provides educational resources to empower traders with knowledge.   Conclusion: Sailing Smoothly with the Right Forex Broker In the vast sea of Forex trading, a reliable broker acts as a compass, guiding traders through the complexities and helping them navigate market trends. The importance of due diligence when selecting a broker cannot be emphasized enough. By referring to a well-researched "list of Forex brokers" and considering the key factors mentioned, traders can set sail confidently into the world of Forex, armed with the support they need to navigate and succeed in this dynamic market.