Last week, international investors didn’t expected any major news or decisions. However, despite their expectations, the Swiss National Bank (SNB) shocked the entire financial world by unexpectedly deciding to unpeg the Swiss Franc from the common European currency as well as to cut the Libor rates.
Almost a year has passed since the moment when a unique project “Arena of Investors” was for the first time presented at Forex market. Authorship of the unprecedented by scale and conditions program belongs to one of the world’s leading forex brokers, which is at the top of many innovative findings in investment sphere – “Panteon-Finance” company.
Traditionally, at the beginning of a year most companies draw conclusions about what has been made for the last 360 days. Forex market is no exception, as its leading operators also provide kind of public reports about their achievements for the past year. Certainly, not all of them, but, at least, those who care about their reputation among clients and want to provide them with full and objective information.
Australia’s mortgage lending declined in November 2014, Market Leader reports with reference to the official Australian sources. Despite the overall lending reduction, the amount of those mortgage borrowers who do it for the first time increased over the reporting period.
Crude oil continues to go down in value and global oversupply, Market Leader reports. Yesterday, Brent went below the psychological level of $50 per barrel. At the same time, WTI is already trading below$47 per barrel Masterforex-V Academy reports.
While the entire world is facing hard economic times, plain folks have to look for extra income sources. Apparent, most people around the globe keep on struggling financially as national currencies (including the petrifying collapse of the Russian Ruble) are devaluing amid soaring inflation diminishing people’s purchasing power.
2014 is over, the year, which has proved to be rather difficult from the point of view of increased geopolitical and economic tension in various regions of the globe. However, despite any threats and challenges, many Forex traders have worked with maximal efficiency during the year, thus getting stable and high profits.
It seems like the Russian Ruble and other currencies of ex-USSR states are currently devaluing. Earlier today, several european sources reported that the official exchange rate of EURSD set another multi-year low. In particular, Masterforex-V Academy reports that the exchange rate dropped down to 1.18, which is the lowest point seen in 9 years!
For every responsible and professional Forex trader, choosing a reliable and reputable broker is one of the key factors. All of them seek a Forex company offering unprecedented trading conditions leading to transparency and efficiency in trading as well as simplicity, flexibility and comfort leading to long-term profits. The more reliable your company is and higher the quality of its services is, the more chances you have to succeed in Forex trading.