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Foreign exchange market

EURUSD: ECB To Continue LTRO


 

 

The analysts at Lazard Capital Markets assume the ECB is going to continue its LTRO(Long Term Refinancing Operation). The peripheral eurozone economies have been successfully placing their bonds since the ECB started the LTRO. The first transaction (489B euro) was made on Dec 21st 2011. At this point, the European market is short of funds. That is why the Spanish and Italian bond yields are growing. The next round of the LTRO is expected to take place in the near future. According to Art Hogan, chief strategist at Lazard Capital Markets, the ECB is expected to be purchasing bonds as well as the risky eurozone countries will need more time for structural reforms.
 

 

 

 

 

 

The LTRO implies expanding the money supply, which has a positive impact on stocks. The major difference between LTRO and QE is that the former allows the banking system to get the money almost instantly while the later implies gradual bond purchases with a specific period.
 
According to Masterforex-V Academy, EURUSD stays flattish. The price is fluctuating within the 1,3057-1,3165 range. A break below the MF pivot 1,3060, with a bearish FZR below it, will trigger a downswing. Alternatively, a break and consolidation above 1,3148 will reverse the mid-term downtrend.

 

 

 

 

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ActivTrades Launches Educational Center

 

Being a client-oriented regulated Forex broker, ActivTrades offers you the following strengths and benefits of trading Forex and other financial markets:

 


Over 50 currency pairs as well as precious metals, stock indices, commodities and stocks. All of them available through a truly powerful and globally recognized trading platfrom - MetaTrader 4 and/or MetaTrader5 (mobile versions are available as well).

Publication date: 12 September 08:45 AM

EURUSD: Euro Consolidates Close To 1.2920

 

The world's most popular currency pair which is EURUSD has been trading within the scope of a pretty wide price range (1.2858-1.2962) for 3 days in a row. While staying within the range, the common currency tried to strengthen against the US Dollar yesterday.
 

Publication date: 12 September 07:53 AM

GKFX's Renewed PAMM Service Generates Over 12% ROI Evert Week On Average

 

Most of the rookie traders and investors who make their first steps in the trading environment dream of trading big and generating considerable profits. Still, they lack trading experience and necessary skills to make their dreams come true but they still want to make money… Well, to tell you the truth, everything is not as bad as it used to be a decade ago. This is because more and more companies introduce and improve their PAMM services.
 
Publication date: 12 September 07:51 AM

EURUSD: Currency Pair Goes Flattish While Market Consolidates

 

The world's most popular currency pair which is EURUSD has been trading within the scope of a pretty wide price range (1.2858-1.2962) for 3 days in a row. While staying within the range, the common currency tried to strengthen against the US Dollar yesterday.
 
Publication date: 12 September 06:50 AM

Million Dollars to Skilful Hands 3 by Forex Trend. New Opportunities For Winning Traders

 
They say independence needs confidence while dependence requires hope. As a rule, successful people belong to the former group while most of people unfortunately belong to the latter one. Average people are constantly facing various deterrents and obstacles, including the dependency on the boss, constant income-related headaches, inflation, endless bills to be paid in time. Sometimes, bosses abuse their employees, forcing them to work overtime so as to not lose the promised premium or bounty.
 
Publication date: 12 September 05:28 AM

Euro Starts Friday From Gaining Value Against Dollar

The EU is ready to introduce another package of sanctions against the Russian Federation. The sanctions may influence negatively on the European economy, which may result on the common European currency losing even more of its value against the US Dollar.
 

Publication date: 11 September 07:14 AM

Forex. USD Index Consolidates Close To 84,52 High While Waiting For Major News

 

Today, on September, 11th, the US Dollar index reflecting the strength of the US Dollar against 6 other major currencies, is consolidating close to the local high of 84,52. The local high was set on September, 9th.
Publication date: 11 September 07:11 AM

EURUSD: Euro Consolidates Close To 1,29 VS US Dollar Amid New Sanctions Against Russia

 

The EU is ready to introduce another package of sanctions against the Russian Federation. The sanctions may influence negatively on the European economy, which may result on the common European currency losing even more of its value against the US Dollar.
 
Publication date: 11 September 04:30 AM

FinFX Introduces Signal Trader – Industry's Best Solution For Mirror Trading

 

Strengths: Why FinFX?
 
The Finnish Forex broker named FinFX can be considered a True ECN/DMA Broker. This status was earned by constantly following a distinct set of true values. FinFX's core values have definitely remained unchanged ever since the very moment the company was established. They can be divided into 3 categories. The first one has to do with reliability while the remaining to categories revolve around exclusively excellent trading conditions and true customer focus.
Publication date: 10 September 04:11 PM

EURUSD: Euro Stays Around 1.2930

 

The common European currency set an intraday high a 1.2957 yesterday. At the beginning of the European trading session, the currency pair retraced back to 1.2930. This is the price level the currency pair is currently trading around while tyring to consolidate.
 
Publication date: 10 September 07:12 AM