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Foreign exchange market

EURUSD in the Light of IMF Empowerment


Forex news.
Since next Friday till next Sunday the meeting of the heads of tax authorities from the countries of the "Big Twenty" will be held in Washington. Major issue to be discussed is the possibility to expand the resources of International Monetary Fund, the necessity of which was pronounced by IMF Managing Director Christine Lagarde on April 04, 2012 in her appeal to industrial countries. IMF empowerment is stipulated by the necessity to resist crisis developments, including the ones in eurozone.
In general, the participants of the forum have given the appeal preliminary support. "We have been promised to receive over 316 billion dollar. And I believe that the final sum will be even larger," said Christine Lagarde during her speech in Washington.
Not all participants, though, are easy to come to terms with. For example, Russia, China, and Brazil have agreed to donate funds, but only in exchange for additional votes in the framework of IMF. Canada has absolutely refused to take part in the rescue of Europe, explaining that European Union has enough means to settle crisis developments.

Technically, the actions of EURUSD currency pair at FOREX market may be called moderate content with news. The pair has not yet finished the rising correctional structure h1-h4, where wave "С" continues. According to the System of Early Prediction Sub-department of Masterforex-V Trading Academy, points 1.3179 and 1.3270 are the targets of the uptrend.

 

 

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Text: Alex von Stachelkopf, trader of SRP Sub-department of Masterforex-V Trading Academy
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ForexTrend and Forbes Reveal New Leaders of Managing Trader Contest

 

In order to become a financial successful person, it is insufficient to rely only on your salary, even though it is enough to buy food, clothes and pay the loans. Amid crises, uncertainty and instability in financial, political and economic aspects, it is vital to take urgent steps to at least prevent your savings and income from losing its purchasing power and to make even more money.

Publication date: 19 December 05:11 AM

Russian Brokers Suspend Ruble Transactions

 

Apparently, minor currency pairs like EUR/RUB and USD/RUB seem to be not so popular among Forex traders. Adding fuel to the fire, on December 17th, Russian brokers suspended all transactions involving the Russian Ruble. This decision was made under the pressure exerted by international Forex brokers and market makers sine they refused to keep on working with the Russian currency. Still, according to competent sources, this is a temporary ban.

Publication date: 19 December 04:03 AM

Fort Financial Services: Christmas Gifts to Forex Trades

Christmas is coming. Everyone seems to get ready for the celebration. It is the time when various companies start making pleasant gifts to their clients and customers. Some Forex brokers are not an exception. They improve trading conditions and offer loyalty bonuses and promos to make their client feel better in advance of Christmas.

Publication date: 16 December 08:19 AM

GBPUSD: Pound Gains Value Against Dollar Amid UK Economic Forecasts

 

The UK authorities are reported to have improved their predictions for the national economic growth in 2014 and 2015. In particular, Market Leader reports that this info was revealed by George Osborne, the UK Minister of Finance. The statement was made within the scope of his speech made in front of the Parliament.

Publication date: 15 December 06:11 AM

Forex Trend, TeleTRADE, and Alpari Named Most Popular Brokers in November 2014

 

Sooner or later any beginning trader faces the question of choosing a reliable Forex broker. Yes, exactly reliable, but not a famous or a popular one, for this parameter fully accounts for safety and accumulation of trader’s capital in future. Nevertheless, many traders base their choice only on two factors – low spreads and size of credit leverage. At the same time, there are brokers that prefer attracting clients to the company by means of additional PR, as well as popularity in the Internet; however, for this they simply need to be a household word.
Publication date: 14 December 07:16 PM

Forex. EURUSD

 

The European Central Bank keeps on seeing its balance sheet shrining. This is confirmed by the monthly reports released by the central bank. The ECB governors keep on retreating the necessity and determination of expanding the bank’s balance. However, the ways and means as well as the terms are not specified, Market Leader reports.

Publication date: 14 December 01:13 PM

Forex. USDJPY: Dollar Goes Down Against Yen Amid Labor Power Deficit in Japan

 

At this point, Japan lacks highly-skilled labor power amid such problems as the aging and contraction of the Japanese nation. the local authorities are desperately trying do resolve the problem by attracting more of foreign skilled labor power. Still, this is currently happening amid the fact the Japanese Yen is currently devaluing pretty fast, which certainly distracts foreign workers, Market Leader reports.

Publication date: 14 December 12:48 PM

Forex. GBPUSD: Pound Recovers Against Dollar Amid Slower UK Housing Prices

 

The housing prices in the UK are reported to have dropped in November 2014, according to the RICS research conducted recently. Amid the slowdown, the experts predict that the tax reform is going to end up with higher sales in the UK housing market. The expected increase is somewhere between 2% and 5%.

Publication date: 14 December 12:02 PM

RVD Championship – New Forex Contest by RVD Markets

More often than not, when chasing quick profits, we cannot see that the way to big success is somewhere nearby. When following the crowd, we fall into the same traps and make the same mistakes most people do, thereby falling prey to wishful thinking. At the same time the contrarian minority of smart traders and investors are capable of repeating their success time and time again.

Publication date: 13 December 05:56 PM

Alpari Launches New Bonus Program

 

Most Forex companies operating in the contemporary trading industry offer various bonuses and promos to show their loyalty to clients. As a matter of fact, these projects are of short-term nature and subject to rather tough terms and conditions. More often than not, those bonuses need a lot of time and effort to clear, not to mention other limitations regarding withdrawal etc.

Publication date: 13 December 12:05 PM