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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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Optionova: Binary Options For Forex Traders

Apparently, the global economy is currently having a hard time recovering and growing, especially amid global economic, political and financial instability coupled with crises and recessions. Daily stresses and risks, info wars, rules and regulations imposed by financial watchdogs and rating agencies…

 
More and more people around the globe understand that bank deposits cannot be considered a solution. They keep looking for new ways of generating extra income and secure their savings against inflation.
Publication date: 19 April 06:26 AM

Seven deadlocks of Dealer

Individuals are not conceived as fruitful brokers. This takes numerous years of diligent work and changes toward oneself. While it is irrefutable - a few parts of identity can help accomplishments, proficient and fiscal triumph, yet numerous handy qualities, individuals only need to update without anyone else's input. Experts of the DVFA Exchanging Institute office and stock exchanging Masterforex-V note that on the best approach to turn into an Expert Merchant, you can confront numerous tests. In the event that you don't think about them, you can basically get stuck and regardless of what Titanic endeavors you put later on - victory will stay far from you. 

Publication date: 18 April 12:53 PM

EURUSD Outlook

 

The Euro is up by 0,03% against the US Dollar on Friday. The increase took place from the low of the day located at 1.3808 up to 1.3814. Apparently, the currency pair is trading within a fairly narrow range since traders seem unwilling to trade big today and are reducing exposure in advance of the weekend. The current trading range is between 1.3808 and 1.3821.
 
Publication date: 18 April 11:21 AM

Profitability of PAMM Accounts in Panteon Finance is 23% Dollars per Week

 

“If you don’t have something, it is bad; if you have, but don’t care, you are bad”, as a famous saying goes. Unfortunately, this is true about most people, who don’t appreciate something until they lose it. And when this actually happens, they appeal to Heaven, but it’s too late.
 
Publication date: 18 April 09:24 AM

USDCNY Outlook: Dollar Gains Value Against Renminbi

 

In order to stop the economic slowdown, the Chinese financial authorities are ready to reconsider their monetary and budget policies.   At the same time, the Chinese government is determined to back those reforms and to make then national currency more flexible in order to take it one step closer to a free floating currency, Market Leader reports.
 
Publication date: 17 April 01:07 PM

Is it true that it is conceivable to deal with the mental anxiety upon the quick deposit development?

When we examine the state of the broker in the wake of getting a benefit or misfortune, it is difficult to figure out where more endeavors have been precisely used. It is difficult to create the relationship between winning and losing time used on the examination, on the measure of "blood and sweat" and after this, the individual is more debilitated. At the end of the exchanging day, it is clear that deliberations for acceptable operation may require altogether not exactly from more extreme and complete failure.

Publication date: 17 April 11:27 AM

TeleTrade's Trading Expert Shares His Tips On Trading Non-Farm Payrolls

 

Too many rookie traders and investors fail to become successful only because they cannot control fear and greed. They lack patience and cannot abstain from negative emotions and break free from the emotional burden, which affects trading a lot.
 
Publication date: 16 April 11:38 AM

USDCNY Outlook

 

In order to stop the economic slowdown, the Chinese financial authorities are ready to reconsider their monetary and budget policies.   At the same time, the Chinese government is determined to back those reforms and to make then national currency more flexible in order to take it one step closer to a free floating currency, Market Leader reports.
Publication date: 15 April 06:03 PM

Dollar rate is decreasing against the pound for a week for 0, 97%, as noted Optionova

The dollar succumbed to a week by 0.97 % against the pound, finishing the exchanging session on Friday close to 1.6729. The dollar essentially debilitated against most monetary forms on Forex on the base of the negative state of mind towards them by business sector members because of arrival of a generally powerless financial investigates Friday, on the fourth of April. In the meantime, the development of the pound to the dollar is upheld by solid financial information discharged in the UK. Exchanging week finished on the 7-11 of April, and Forex brokers abridged their exercises.  

Publication date: 15 April 02:14 PM

Dollar Tests Major Level

 

As of April 15th, the US Dollar keeps gaining value against other major currencies. During today’s European trading session, the index reached 79,90, which is a key level of resistance.
Publication date: 15 April 11:58 AM