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Friday, 1 July 20:43 (GMT -05:00)



Foreign exchange market

Dollar Rate: Head of FRS Highlighted the Value of Small Banks for USA


Forex news, dollar rate. Bernanke has highlighted the value of small regional banks and called them significant components of US banking system. Small banks have deeper understanding of local economy, and, consequently, may suggest more flexible credit programs in comparison to their competitors of national scale.

The head of FRS has also admitted that US economic recovery remains slow, which has a negative impact on banking sector. Small banks mostly suffer from this.

Ben Bernanke has also promised that rules concerning such factors as risk management, capital, and liquidity will be mostly applied to large banks. Besides, he has assured that current differenciation between large and small financial institutions will be kept.

Speaking about situation at Forex market, analysts of Masterforex-V Academy Department of Volumes Analysis explained that significant points for short-term analysis include:
- contract level 1.3118
- point 1.3068 – volume accumulation.

If this range is passed, and the trend is set above/below it, preferred direction will be defined.
Support – 1.3046 1.3025.
Resistance above contract level – 1.3145 - 50.



 

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Masterforex-V Academy: Tests СopyFX by Roboforex: 14 Lost Deposits Out Of 14

Over the last couple of years, we can see a lot of brokers open their own services designed to let the client copy (what they claim to be) successful traders in automated mode and profit along with them. While this is true with some of them, others fail to put their promises into practice. At the same time, some of those services promise fantastic profits – from several hundred to several thousand percent in 12 months!

 

Publication date: 29 June 01:27 PM

FXTM Launches Transparency Indicator

If you have been in the international FX trading environment for a while, you probably know that few companies operating in the environment can boast almost 100% transparency. More often than not, the very lack of transparency results in various kinds of tensions and misunderstanding between the broker and the client.

Publication date: 29 June 03:07 AM

FXTM Launches Forex Marathon For Demo Traders With Real Cash Prize Pool

Summer is vacation time. It also the right time for bright emotions and impressions. Usually, summer isn’t a volatile time for financial markets, with mostly flat markets resulting from decreased trading and investing activity.
 
Publication date: 28 June 01:51 PM

PrimeTime Finance Introduces 4 Unique Account Types For Binary Options Traders

Over the last few years, more and more FX traders start switching to binary options, which makes it possible to generate stunning profits within a relatively short period of time. On top of that, they do not require as much of intensive work as conventional FX trading does.
 
Publication date: 28 June 10:59 AM

Nordhill Capital: Gorilla FX – Automated FX Income

It is not a secret that FX trading is a difficult profession. It requires a whole lot of knowledge, skills and expertise along with the right mindset and hours of time a day dedicated to in-depth analysis and decision-making.  In FX trading, timing is everything. You have to open and close a trade just in time. Basically, that’s all you have to do to be successful.

 

 
Publication date: 27 June 02:38 PM

SFX Debit Card: Cutting Expenses To Zero

What is really important for each and every FX broker out there? Apparently, this has to do with choosing a decent FX broker. A dream broker is an honest, reliable, secure provider of premium-quality services in financial markets.  This is a client-oriented business creating win-win solutions.  
 
Publication date: 26 June 01:55 PM

Forex: USD/CAD Remains Within Correction due to Growth of Retail Sales in Canada

Retail sales in Canada showed growth in April. The general growth has mostly been caused by increase of sales at filling stations.
 
Retail turnover has increased to 44.3 bln. dollars, which is an 0.9% rise after a drop by 0.8% in March. In general turnover has grown due to price rise, as in natural terms the volume of sales has not changed.
Publication date: 26 June 01:28 AM

Forex: Japanese Manufacturing Sector Keeps USD/JPY Within Bearish Trend

Manufacturing sector of Japan has shown minor rise of business activity in June. Analysts name several factors that have extremely negative influence on Japanese manufacturing sector.
 
Business activity index for manufacturing sector has risen to 47.8 points in comparison to 47.7 points in May. Actual value of the index has proved worse than predicted, for it had been expected to rise to 48.2 points.
Publication date: 25 June 05:48 PM

Forex: AUD/USD Keeps Rising After Publication of RBA Protocols

RBA has kept its interest rate, counting on weak growth of inflation.
 
As shown by protocols of June meeting of RBA, returning inflation to the target level has become one of the reasons to keep interest rate at the same level. Nevertheless, results of the first quarter have shown negative dynamics at housing market.
Publication date: 25 June 04:51 PM

Masterforex-V Expo: Best Micro FX Brokers. June 2016

When it comes to trading Forex via a micro broker, traders don’t have to invest thousands of dollars as the starting capital. This is one of the biggest competitive edges those FX brokers have when it comes to FX rookies getting their feet wet in FX trading. Indeed, few rookies can really afford to start trading big right off the bat. However, it is not recommended to start big if you are just getting your feet wet in trading financial markets. This is where cent brokers (or micro brokers) come in handy. They allow rookies to trade currencies and improve their skills while more advanced traders can test their strategies without having to risk big money.

Publication date: 24 June 05:00 AM