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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.

 

 

You are free to discuss this article here:   forum for traders and investors

 

Text: Alex von Stachelkopf, trader of SRP Sub-department of Masterforex-V Trading Academy
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Best Forex Traders Manage over Accounts of Pro-rebate.com and Arsenal-FX

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The main reason of impossibility to earn as much as we want lies in ourselves. Anxiety, greed, fear, lack of self-confidence, doubt, life by a Murphy’s Law that “every decision leads to new problems” hide real opportunities of financial independence.
Publication date: 22 April 10:07 AM

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Thanks to Masterforex-V Expo’s rating of Forex brokers , any trader can personally decide on which Forex broker to go with in order to trade currencies on a regular basis. The biggest benefit of this rating is that it is based on independent quantitative criteria and therefore is unbiased.

 


We should keep in mind that choosing a reputable Forex broker is the prerogative of all Forex brokers, both rookies, intermediate traders and true experts with many years of expertise. There is nothing to be ashamed in switching from one broker to another even if you are an advanced trader since the contemporary Forex industry is pretty dynamic, with dozens of brokers competing for the top places in the rating and improving their products and services while coming up with innovative solutions.

Publication date: 22 April 08:37 AM

HP DreamColor Z32x – 4К-Monitor for Business Sector

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Publication date: 16 April 02:04 PM

Optimize Trade at Forex with YA-HI.com: Combination of Indicators

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Publication date: 16 April 10:02 AM

Masterforex-V Expo Names Most Popular Binary Brokers in March 2015

 

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Publication date: 14 April 12:00 PM

Masterforex-V Expo Names Best Forex Bonus Offers in April 2015

 

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Publication date: 14 April 03:32 AM

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Larson&Holz Offers Traders to Work with CFD Equity Contracts

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Publication date: 09 April 08:12 AM

Masterforex-V Expo Names Best Forex Micro Brokers in April 2015

 

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What are micro / cent accounts and why are they so popular among rookies worldwide? Why do you recommend choosing micro / cent accounts (usually $1 to $50) when deciding to switch to real-money trading? What are those micro brokers that enjoy the highest reputation and rating? Ok, I will try answer them here…

Publication date: 09 April 05:44 AM

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Publication date: 08 April 02:45 PM