Wed, 07 Mar 2012 09:43:00 +0400
Forex news, dollar rate. Strengthening of dollar that has lasted for five days signals about fundamental problems awaiting for global economy. US stock market keeps declining for three day in a row.
At the beginning of the week China lowered its prediction of this year’s GDP growth to 7.5%, and on March 06 Reserve Bank of Australia (RBA) worsened its predictions about the development of global economy. Today it was also reported that European loss from Greek default will amount to 1 trn. euro. As a result, investors doubted about the perspectives of global economy, and demand for dollar has risen.
Let us remind that at the end of last week Ben Bernanke, the head of US FRS, expressed an idea that there is no urgent need to start the quantitative easing program Q3 in the nearest future.
According to the experts of Мasterforex-V Trading System, dollar rate is within impulse wave "a(С)/C" of H4 level. Resistance is provided by target points 80.00 and 80.23. In order to change bullish trend sloping channel MF and bearish pivot MF 79.35 are to be passed, and FZR formed.
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We live in a mobile world where people are always on the go. Forex traders are no exception. Therefore, it is crucial for the trader to be able to access important market data and monitor trades anywhere.
The first month of autumn - September, is over, and we are again visiting the vice-rector of Masterforex-V Academy Sergei Cherepanov (nick at forum Rich Man), who supervises traders in an innovative project pro-rebate.com.
The contemporary international Forex industry is hard to imagine without endless bonuses and promos offered by all kinds of Forex brokers operating in the industry. Apparently, this is done to attract new clients and stimulate existing ones. At first sight it looks like It is all about loyalty and reputation. The winners of various promos get luxurious prizes while the participants of bonus offers enjoy some kind of a safety cushion. This how it should be.
For starters, let’s find out what rebate is. This is a system designed to give a part of the spread back to the trader. Indeed, this has become a crucial part of the contemporary Forex industry since any Forex trader who is pretty active in trading currencies can save a lot of money on spreads and other fees charged by Forex brokers. When you save money you also contribute to higher profit potential. Even if you a beak-even trader, you can still make money at the expense of rebates. The more active you are in trading, the more money you can actually save and the higher payout you will eventually get from the rebate service you use.
On October 2nd, 2015, Masterforex-V Academy celebrated its 10th anniversary. Market Leader congratulates Masterforex-V Academy on his wonderful event! It should be noted that since 2005, Masterforex-V Academy has turned into a major online resource dedicated to professional Forex coaching. At this point, it has been Europe’s best online FX coaching project since 2009. However, Forex is not the only financial market the Academy is dedicated to.
According to the latest official report conducted by the Office for National Statistics, the country’s official national statistics agency, The UK’s balance sheet saw a deficit in Q2 2015, Market Leader reports. However, this time the deficit shrank. It seems like the deficit turned out to be smaller than expected by financial analysts and other experts.
According to the recent report released by Markit Economics, the Eurozone’s Manufacturing PMI showed negative dynamics in September 2015, Market leader reports. In other words, the PMI figures matched analyst expectations.