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Friday, 28 November 19:43 (GMT -05:00)


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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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Forex. EURUSD: Dollar Goes Up Despite Higher Confidence in German Economy

 

According to the result of the research conducted by the IFO, the index of business confidence in Germany increased from 103.2 points up to 104.7 points in November 2014. With that said, the indicator seems to have found the bottom and is currently going up from the lowest level since December 2012.

Publication date: 28 November 07:12 AM

Forex: USDCNY. Dollar Strengthens Against Renminbi As People's Bank of China Changes Policies

 

The Chinese government and central bank express determination to get down to the process of cutting interest rates along with easing the lending restrictions and limitations. This step is designed to prevent prices from going up, which may eventually trigger a series of bankruptcies, defaults and unemployment hikes.

Publication date: 28 November 06:10 AM

Forex: USDJPY. Dollar Still Rallies Versus Yen

 

The Japanese authorities are still trying to fight deflation. The Bank of Japan hasn't give up trying to reach their inflation goals. In particular, the president of the Bank of Japan assume that number-one task is to make the local business circles abstain from deflationary mindset.

Publication date: 28 November 05:51 AM

ForexTrend Launches New Bonus - 5% on Each Deposit via EcommPay

Every single trader and investor seem to be doing his/her best to cut the expenses and increase the profits. Still, few Forex companies operating in the Forex brokerage industry today is actually capable of letting traders fulfill their financial goals. This is especially true in many countries, where Forex brokerage remains unregulated, thereby giving way to many scams and dirty players.

Publication date: 27 November 11:20 AM

Masterforex-V Expo Names Forex Brokers Offering Best Forex Bonuses. November 2014

 

A lot of businesses operating in the Forex brokerage industry come to the international Forex environment to take their own piece of this big and tasty cake, which makes the rough competition inside the industry even tougher. This means that all of those businesses, especially younger brokers, have no other option but to compete for new clients while deserving the right to render broking services in the Forex industry.

Publication date: 27 November 05:44 AM

Masterforex-V Expo Names Best Micro Brokers in November 2014

 

Needless to say that the contemporary Forex industry is capable of offering us a huge variety of financial services. Even beginners with tiny trading capital now have a decent chance to trade the Forex market on micro (or cent) accounts, where deposits usually start from $1. I guess some of you may have some questions spinning in your heads:
 
What are micro accounts? Why do rookies choose them worldwide ? Why are beginners strongly recommended to choose those cent accounts (low deposit requirements - $1 to $50) when starting trading for real money? Which of those cent brokers are the most popular and reputable? Let’s try to find this out together with Masterforex-V Academy, Europe's best Forex coaching website since 2009...

Publication date: 26 November 01:58 PM

Anniversary “Loyalty Bonus” of ForexTrend: Forex Traders Can Get 100,000 Dollars

 

There are numerous ways of getting rather high and stable profit at Forex market. However, supposingly, the best variants for direct trade or for getting passive profit (without trade) are offered by the best investment broker and best innovative broker of 2014 according to the 17th international exhibition of world stock industry MOSCOW FOREX EXPO, namely ForexTrend company.
Publication date: 26 November 09:23 AM

RVD Markets Introduces New Deposit / Withdrawal Option Named UnionPay

As you probably know, today's Forex market can offer you a bunch of excellent moneymaking opportunities leading you to stable profits, which further translate into financial freedom. Still, trading in financial markets can be subject to major financial risks if the trader trades recklessly and behaves like a compulsive gambler in a casino. On the other hand, a pro trader always makes his/her trading decision based on the degree of risk coupled with expected returns. In simple words, his actions are based on a decent strategy with moderate risk and acceptable reward.

Publication date: 26 November 05:55 AM

ForexTrend Reveals Intermediate Results of "Мillion Dollars to Skillful Hands 3" Contest

 

They say an independent person equals a confident one while a dependent person lacks confidence and cannot do without hope. As a matter of fact, successful and well-off people belong are independent and confident while the majority of other people cannot unfortunately boast belonging to the latter group. An average person has to constantly face various challenges and deterrents while being dependent on the boss, having constant income-related headaches, suffering from inflation and endless incoming bills waiting to be paid just in time. More often than not, bosses abuse their employees, forcing them to do what they do not want to. So why not become your own boss?

Publication date: 25 November 06:27 AM

Forex. GBPUSD: Dollar Still Strong Against Pound

 

UK media report that the average income in the UK declined moderately over the latest reporting period, according to the official data. Analysts can see another deterrent on the BOE's way to toughening its monetary policy in the ner future, Market Leader reports.

Publication date: 25 November 04:38 AM