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Thursday, 21 August 17:59 (GMT -05:00)


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Foreign exchange market

US Dollar: Fed Reserve Anticipates Faster US Economic Recovery


 

 

The Federal Reserve is convinced that it is necessary to maintain low interest rates till the end of 2014. On April 25th 2012 the Fed Res cut the key interest rate to 0%.

 

 

 

 

 

 
Ben Bernanke, FRS Chairman, claims that the current money-and-credit policy is efficient and will be continued. Low interest rates correspond to the needs of the US economy. He also gave everyone to understand that the US has a wide range of stimuli in its arsenal, including another round of quantitative easing.
 
According to the FOMC meeting minutes, the inflation risks in the US are growing mainly due to higher prices on raw materials and fuels. The long-term inflation expectations remain stable. The Us economic recovery will accelerate.
 
However, it is necessary to keep in mind that the US public debt keeps growing. So far, it has exceeded $15 trillion or more than 100% of the national GDP.
 
According to Masterforex-V Academy, the USD index is seeing a downtrend. The closest levels of support are 78,80 and78,53. In order to reverse the trend the price will have to break and consolidate above 79.78 (as shown below):

 

 

 

 

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GBPUSD: Dollar Gains Value Versus Pound Mid Lower UK Housing Prices

 

The British housing market continues showing weakness in August. This is confirmed by the results of the survey conducted by Rightmove. According to the experts, the current weakness of the British housing market is mainly caused by higher demand coupled with lower housing prices in London. At this point, the average price of residential property has dropped down to 262 401 pounds. August's price drop is currently equal to 2,9%. This means that the bearish tendency started in July is still underway. It turns out that this month's drop is the biggest one seen by Rightmove.
 
Publication date: 19 August 11:59 AM

RVD Markets Starts 10% Bonus for Forex Investors and Managers

 

These days investment at Forex market is one of most perspective variants of investing one’s means. Owing to the fact that the international exchange market is the largest trading ground in the world with day-to-day turnover of several trillion dollars, as well as owing to its progressive innovative technologies, anyone can gain regular income at it.
Publication date: 19 August 09:55 AM

EURUSD Starts Trading Week With Decline

 

The common European currency is still trading within the scope of the 1.3358-1.3411 price range, formed on Friday, However, the price is currently going down to the bottom of the range while staying within its boundaries during today's European trading session.
 
Publication date: 18 August 05:02 AM

Concord Bay Offers Forex Traders to Become Co-owners of the Company

These days there seems to be no serious broker company at Forex market, which is not trying to become as closer as possible to its clients. As a rule, this concerns setting tighter relationships with traders by providing most profitable trading terms and developing various bonus and partner programs. According to specialists, at modern stage struggle for clients is a basis of competition between brokers.

Publication date: 17 August 05:33 PM

Masterforex-V Academy Expert On Choosing Reputable Brokers

Choosing a fair and reliable broker is essential for successful Forex trading on live accounts. A broker is a financial mediator helping you to reach the interbank liquidity.

 
Publication date: 15 August 12:33 PM

Masterforex- Expo: 25 Most Reputable Forex Brokers. August 2014

 

Today it is not that easy to find a reputable and reliable broker, which can be trusted 100%. A reliable trading partner is definitely as important as a profitable trading strategy along with trading skills and valuable knowledge. Indeed, does it really matter how good you are at Forex trading if your broker can let you down at any minute by giving you non-market quotes, order execution errors or by simply refusing to pay? The answer is obvious. Choosing a reputable Forex broker is one of the cornerstones of success in this risk but profitable human activity…
 
Publication date: 15 August 12:09 PM

International Association of Forex Traders (IAFT) – Your Source of Higher Forex Profits

The IAFT is the world's first official international association embracing thousands of Forex traders from all over the world. The union offers you a unique cash-back option! The IAFT's major goal is to found highly profitable and 100% secure trading conditions for trading currency markets. The company can actually ensure the industry's best conditions along with backing rebates for every single Forex transaction regardless of its profitability! The International Association of Forex Traders can actually be considered a truly reliable partner in every aspect of Forex trading!

 
Publication date: 15 August 10:31 AM

EURUSD Goes Down To 1.3370

 

Amid mixed economic stats from the Eurozone published yesterday, the common European currency keeps on trading within a narrowing price range (a triangle) as the market participants cannot decide on the direction of the near-term trend.
 
Publication date: 15 August 08:59 AM

EURUSD Goes Up To 1.3390

 

The positive stats coming from the French labor market contributed to the start of the upward move in the market of EURUSD. The French Non-Farm employment stats increased from -0.1% up to 0.1%. The inflation figures for the Eurozone (annual and core inflation) remained stable at 0.4% and 0.8% respectively in July 2014. This triggered an upswing of EURUSD, thereby making the currency pair hit 1.3395.
 
Publication date: 15 August 07:28 AM

EURUSD Starts Friday In Price Range

 

Yesterday's trading session was won by the buyers of EURUSD. The rally started from 1.3349.
 
Publication date: 15 August 06:22 AM