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Friday, 31 October 18:41 (GMT -05:00)


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Foreign exchange market

Euro Rate: Market Tranquility is Deceitful


Forex news.
Large-scale injections of liquidity, which European Central Bank has given enough during the last historic period, and providing financial aid to Greece, which enabled to avoid default in March, have certainly eased markets. However, many experts suppose that such tranquility is deceitful and global – situation in euro zone is getting worse despite the efforts of international credit organizations and European authorities.
Expressing experts’ opinion, senior economist of Citigroup Inc., former member of Monetary Policy Committee of the Bank of England, Willem Buiter in his interview to Bloomberg agency claimed, "European Central Bank has drowned markets and banks in liquidity. There is a common feeling, close to euphoria, в момент, when markets are drowning in liquidity, which makes us believe that all problems are gone." Considering the fact that Greek issue has not been fully resolved, Willem Buiter sees even more serious threats, particularly from Spain , which is "... the key country that I worry about most. It has moved in the wrong direction and is currently exposed to higher risk of restructuring sovereign debt than before."

At FOREX market EURUSD currency pair currently is in the process of rising the wave level of correction within h4 rising wave. Further motion will be stipulated by breaking or bouncing of AO Zotik index main line from the line of support/resistance at h4 timeframe. Earlier hint, according to the System of Early Prediction of Masterforex-V Trading Academy, may be given by termination of m15/m30 "С" within correction.

 

 

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Text: Alex von Stachelkopf, trader of SRP Sub-department of Masterforex-V Trading Academy
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GBPUSD Outlook

 

The amount of approved mortgage claims declined in September. At the same time, there was an increase in consumer lending amid lower business lending. According to the Bank of England, the amount of mortgage claims reached 61 267. The figures declined against August’s value of 64 054, simultaneously failing to match the expectations of 63 000.

Publication date: 31 October 09:17 AM

EURUSD Goes Up To 1.2631

 

The 1.2546 level has recently become a new local low of the day. The rice reached the mentioned price low during the European trading session.

Publication date: 31 October 07:05 AM

FBS Launches Auto Cup Promo!

 

FBS can be considered one of such young but promising Forex broker that are always focused on the client. Being an international broking company rendering world-class investment and trading services to retail traders and investors from all around the globe, FBS positions itself as an STP and ECN broker, FBS is actually capable of providing its clients with an impressively wide range of financial products and services within the framework of a truly competitive environment.

Publication date: 30 October 09:53 AM

TurboForex Offers Forex Traders Trade on Stocks of “Blown up” Exchange

 

Today, at the time of raging inflation and devaluation at hurricane growth of prices practically for all goods, products, and services, and salary remaining at the same level, many people get considerable profits, independent from outer economic and political factors.
 
Publication date: 29 October 06:43 PM

Forex: Dollar Goes Down As Investors Wait For FOMC Meeting Results

 

Today, on October 29th, the US Dollar is still going down against other currencies, including a currency basket of 6 other majors. Since the beginning of today’s trading session, the USD index has already dropped some 0,08%. The decline is taking place as traders and investors are looking forward to the results of the Fed’s FOMC meeting, which is to end today.

Publication date: 29 October 05:11 AM

“Panteon-Finance” PAMM Funds Bring Forex Investors Over 137% Annual Profit

 

Forex Market provides numerous variants of getting stable and high profits. Most of them are connected with direct currency trade, which implies certain knowledge and skills of a trader. However, there are opportunities of getting passive profits. For example, by means of investment in popular PAMM services.
Publication date: 28 October 07:07 PM

USD Index Trading Close To 85,55 While We Wait For FOMC Meeting

 

Today, on October 28th, the US Dollar index is trading almost at the same level it started the trading day from – 85,55. Investors are probably unwilling to open new trades in advance of the FOMC meeting. They want more clarity from the Fed regarding the central bank’s QE3 tapering decision along with some other major events scheduled for the week.

Publication date: 28 October 07:44 AM

Forex. USDJPY: Dollar Consolidates Close to 107,8 Against Yen

 

Today, on October 28th, the USDJPY exchange rate keeps on trading inside a narrow price range. The price is consolidating close to 107,8 as traders and investors are looking forward to the Fed and BOJ meetings.

Publication date: 28 October 06:24 AM

Forex: EURUSD

 

25 banks of the Eurozone failed the stress tests implemented by the European Central Bank. The tests were aimed at checking the banks’ financial stability and resilience in case another major crisis breaks out. According to the ECB’s report made on Sunday, the total shortage of capital was amounted to 24,62bn euros, which is currently equivalent to 31,17bn dollars.

Publication date: 27 October 07:40 AM

PAMM Indices by Forex Trend: Some 160% ROI In 2 Years

While emerging economies worldwide are facing severe inflation coupled with devaluing national currencies on top of other economic and financial challenges. More people, including retail investors, go desperate since they do not see the way to insure their savings and earnings against inflation and volatile markets, so they do not even dream of getting a decent return on their investment. This defensive mode is quite understandable since people are looking for safe-haven assets while being afraid of future economic shocks, including higher inflation.

Publication date: 27 October 07:36 AM