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Foreign exchange market

EURUSD: ECB Leaves Key Interest Rate Unchanged

EURUSD: ECB Leaves Key Interest Rate Unchanged

 

 

The ECB has left the key interest rate unchanged at 1%. The central bank cut the interest rate several times in November and December 2011.
 
 
According to Mario Draghi, ECB President, the eurozone’s rate of inflation will remain above the limit but is unlikely to exceed 2%. He says it is too early to stop stimulation the region’s money-and-credit policies.
 
There is some inflation pressure but mid-term inflation expectations are positive, he said during a press conference.
According to him, the ECB’s unconventional measures to support liquidity are temporary while the overall financing conditions for banks have improved.
 
The ECB lent eurozone banks over 1 trillion euro in December and January in order to calm down the markets and to win some time for the European authorities while they were looking for ways and means to solve the eurozone crisis.
 
According to Masterforex-V Academy, the bears are currently dominating the market:
At this point, it is recommended to go bearish EURUSD:
Support: 1.3100 (1.3095 Forex) – a psychological level.
Resistance: 1.3165 (1.3160 Forex) – local volume clusters.

 

 

 

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“Panteon-Finance”: 20% for 2 weeks – profitability of “Arena of Investors” in August

 

In the conditions of unstable global economy more and more citizens are obliged to “tighten their belts”. Especially when salary is never enough, and one has to save almost on everything in order to live normally.
 
Publication date: 26 August 09:42 PM

RVD Markets: Beneficial PAMM Investing. Up To 30% ROI In July 2014

 

These days, Forex PAMM investing represents one of the most promising opportunities to make money. Forex PAMM investing gives you a chance to generate stellar profits on a regular basis without being a professional trader / investor. This can definitely be considered a win-win situation for everyone. Those who dare invest in PAMM accounts eventually find themselves making the right choice since they enjoy consistent rewards while they don’t have to trade by themselves or even to know how to trade financial markets at all. At the same time, trading managers can attract decent funds to trade bigger lots and generate more substantial profits for themselves and their investors.
 
Publication date: 26 August 03:15 PM

EURUSD: Euro Drops To 1,3190

 

Today, the common European currency keeps on struggling against the US Dollar within the scope of the 1.3178-1.3213 price range seen in the market of EURUSD.

Publication date: 26 August 01:45 PM

Forex Trend’s PAMM Investors Gain Up To 9% A Week On Average

 

If you want to succeed in trading financial markets, investing in safe-have assets or something else, it is not as difficult to reach your goal as you might think at first provided that you are willing to devote some time, money and effort to it. Practice shows that there is nothing impossible for ambitious and diligent people.
 
Publication date: 26 August 07:33 AM

AAPL: Apple iPhone 6 Will Cost Over 750 Euros in Europe

 

According to MovilZona (a Spanish web source) with reference to Telefonica, Apple's new mobile device named iPhone 6 is going to come out soon. The smartphone will get a 4.7-inch touchscreen. The source also reports that the price of iPhone6 with the smallest amount of RAM will cost 750 euros in Spain . The price of the 5,5-inch model will cost 950 euros.
Publication date: 26 August 07:10 AM

Fort Financial Services: Choosing a Reputable and Licensed Forex Broker

Many Forex traders pay close attention to brokerage licenses when choosing a reputable Forex broker to open a live account with. With out any doubt, this is a pretty good idea since regulated and licensed Forex brokers have no choice but to comply with various laws and regulations and can be prosecuted for trying to scam and play dirty tricks on their clients. There are dozens of brokerage licenses.

Publication date: 26 August 06:05 AM

EURUSD: Euro Goes Down To 1.3185 Against Dollar

 

The common European currency closed the trading week at 1.3219 on Friday, August 22nd, 2014.
 
Publication date: 25 August 08:00 AM

Forex. USDCNY: Dollar Loses Value Against Yuan Amid Lower Housing Prices in China

 

As of August 2014, China's manufacturing sector showed a decline in the preliminary PMI down to one of the lowest points.
 
Publication date: 25 August 04:54 AM

NordFX: Leading Providers of Forex Signals Get 110% per Annum in July

 

In the conditions of unstable global economy forex market is the most optimal variant of not only saving, but also accumulating personal capital. If only ten-fifteen years ago taking part in international currency market was available only for big financial companies or traders, who had considerable free means, then today one can make money at forex by investing only 1 dollar.
 
What is more, it is not necessary to have specialized financial knowledge. Owing to the service of automated trade “Signals” from a famous international forex broker NordFX you can get stable and large profit by means of other’s trade. This is achieved by copying deals of best traders into your account. Consequently, every profitable deal automatically brings you profit.
Publication date: 23 August 09:10 AM

Alpari Launches New ECN Accounts

Apparently, any Forex trader's success in trading currencies profitably depends on a number of crucial factors, including a reliable partner – a reputable Forex broker. The quality and flexibility of trading conditions offered and services rendered by such a broking company contributes a lot to long-term success in trading Forex professionally and efficiently. A reputable broking company is always a client-oriented company interested in its clients' success. Which means there is no conflict of interest between the Forex trader and the broker.
 
Publication date: 21 August 03:35 PM