Mon, 19 Mar 2012 23:32:00 +0000
Forex news, rate of Swiss franc. Swiss National Bank has defined the fixed rate that may be set for national currency – 1.20 francs per euro. As reported by Bloomberg, the institution recognizes certain signs of stabilization, but there is high threat of deflation.
Analysts expected that the significant level against euro was to be kept. Gross national product unexpectedly rose during the last quarter of 2011, and investors’ trust rose in March. These days the government has raised its expectations about this year’s economic growth. New hopes foresee the 0.8 percent economic growth instead of formerly predicted 0.5 percent.
Central bank has lowered its predictions about inflation in 2014. This year deflation is expected to reach 0.6 percent, and during next two years living standards are expected to rise by 0.3 and 0.6 percent accordingly.
"In short-term perspective inflation will be negative. Last summer the rate of Swiss franc was stronger than expected in relation to pressure on prices. In long-term perspective inflation will be low due to worse perspectives of growth in euro zone and high cost of franc", the Central Bank stated.
As mentioned by Ilya Presler, the head of DFWA Department of Masterforex-V Academy, technically, the situation at forex market is very similar to fluctuations of EURUSD currency pair. Three-wave correctional structure seems finished, but it may go further on Monday. One way or another, strong rising reversal wave is expected:
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These days, trading signals has become really popular among retail traders and investors from all over the world. Speaking about those signals, they come in different shapes. For instance, auto-copying is one of the most popular formats of providing trading signals to retail clients.
In February 2017, those who invested in Masterforex-V Academy’s best traders by copying their trades in auto mode got paid handsomely once again, pro-rebate.com experts report. To be more specific, the 60 best traders collectively made over 67000 points of profit. The top 5 traders made 4270 points of the mentioned profit.
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Misfortunes are always followed by good luck. This is what PrivateFX №1 investors hope for. And they really have a reason for that, even though February didn’t turn out to be a profitable month for them. the thing is, after the profit made at the very beginning of the trading month, the investment portfolio saw an unpleasant drawdown, even though a minor one.
Last Friday, Pierre Moscovici, who is the European Commissioner for Economic and Financial Affairs, Taxation and Customs, visited Athens to discuss with the Greek government the report on the situation with the Greek debt to the international lenders.