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Saturday, 30 May 12:18 (GMT -05:00)


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Foreign exchange market

BNY Mellon: Higher GBPUSD Will Have Negative Impact on British Economy


Forex news, GBPUSD. BNY Mellon experts believe that the Bank of England will inevitably face problems, caused by the increase of British currency. This may stipulate verbal interventions from the Bank. Times change, and the Bank of England will have to cede the secrecy, which it has always demonstrated in monetary policy.

British pound is turning into shelter currency again. Such change of roles is happening under the influence of investors, who are trying to avoid the impact of debt crisis in eurozone. However, the change is happening in inconvenient for British government time, and higher GBPUSD may have negative impact on the efforts of British government that are directed at fighting recession.

GBPUSD remains within long-term rising trend. According to the experts of Masterforex-V Trading System Department, the pair has finished forming 3rd sub-wave or sub-wave А(С)/С as a part of long-term bullish wave С. At this point GBPUSD currency pair is within the zone of forming 4th sub-wave or sub-wave В(С) of bullish trend. 5th sub-wave or sub-wave А as a part of Elder’s Hound/MF will start when local maximum is broken. The closest resistance is provided by Fibonacci points 1.6345 and 1.6389. Further decline will be supported by pivot MF 1.6152, as well as the end of 4th sub-wave – 1.6062, and sloping channel MF.

Text by: Eduard Culchenko, expert of Masterforex-V Trading System Department

 

 

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Hantec Markets Announces New Webinars by Richard Perry

Teaching people how to trade Forex professionally and profitably has been the key focus of Hantec Markets, a reputable Forex broker. They say only those traders who have enough knowledge and skills can benefit from Forex trading in the long run. Therefore, being a client-oriented company, Hantec Markets is focused on getting their clients up and running in order to stay afloat and eventually succeed in trading currencies and other financial assets. Avoiding costly mistakes and making weighted trading decision on a daily basis are some of the cornerstones of long-term success in trading any financial markets.

That is why Hantec Markets decided to invite a true expert in trading financial markets to share his expertise, tips and tricks with the audience. His name is Richard Perry.

Publication date: 28 May 12:25 PM

Time of Correction with YA-HI: Changing a Broker or Improving its Work

As a rule, professional traders follow the same parameters when choosing a broker company, whereas beginners do not know what exactly to pay their attention to. Although there is no single scheme of choosing a broker in the world of Forex, but there is a certain set of rules, worth paying attention to.

 

And, what is more, everybody knows that success of a trader and his business depends on the quality of services provided by his broker. So what should actually happen for a trader to get serious reasons to go to another company? Specialists of Ya-hi company have helped us to handle this and other questions.
Publication date: 28 May 09:46 AM

Forex: Orbex Offers Free VPS!

 

Orbit, a major player in the international Forex industry, proves that it is a client-oriented company once again This time the Forex company gives all of its client an unprecedented chances to enjoy increased performance (especially for the fans of automated Forex trading using trading robots) by making use of the company’s free VPS.

Publication date: 26 May 03:49 AM

Is China Getting Ready to Ruin the Dollar?

According to Want China Times, China is planning to make the U.S. Dollar crash in the near future. Most probably, Russia is going to assist China in manifesting this plan. The key fact supporting the supposition is the 30 000 tons of gold accumulated by China. At the same time, Russia is said to be heavily being gold as well. This is definitely not a coincidence. Maybe the collision is indeed underway or maybe Russia and China just want to secure themselves against another major crisis which is just a matter of time.

Publication date: 26 May 03:20 AM

Forex. EURUSD: Dollar Raises Against Euro Amid German Economic Slowdown

 

According to the recent report released by the IFO (Germany), the German IFO index of business confidence declined from the previous value of 108.6 points (seen in April) down to latest reading of 108.5 points, Market Leader reports.

Publication date: 25 May 06:33 PM

GBPUSD: U.S. Dollar Keeps on Gaining Value against British Pound after BOE’s MPC Meeting Minutes

 

The Bank of England has recently published its MPC meeting minutes. Despite the unanimous decisions made by the committee. some of the MPC members are already eager to consider tougher monetary policies for the Britsh central banks.

 

Publication date: 24 May 03:15 PM

NordFX Names Best Forex Signals in April 2015

 

The Forex market is definitely one of the best and most efficient ways of making money both for rookies and experts in financial markets. For instance, such outstanding opportunities to get a decent passive income are offered by a Forex company named NordFX, which belongs to the most reputable Forex companies in the global Forex brokerage industry.

Publication date: 24 May 02:29 PM

Forex – in What Way and How Much Investors Can Earn

 

These days work at the international currency market Forex is available practically to anyone, even without deep knowledge of finance or high starting capital.
 
This is mainly favoured by two factors: this trading ground is the largest around the globe by daily money turnover and, as a consequence, the most dynamical one. And the last factor “gives rise to” innovative technologies, which increases comfort, reliability, and safety of trade together with increase of gained profit.
 
Publication date: 21 May 02:08 PM

Forex-Market Lets You Get Real Cash From Demo Accounts

 

Have you ever wanted to give binary options a try without investing a penny? Well, Forex-Market is giving you such an opportunity. In particular, the company invites you to anticipate in an unprecedented trading contest where you can win real cash when demo-trading. It is called "A real profit from the virtual account». The winner of the contest gets $1000! Sounds great, doesn’t it?

Publication date: 20 May 02:29 PM

Masterforex-V EXPO Names Best Brokers for Auto-Copying in May 2015

 

As the financial crisis around the globe is building up again, more and more people have to lower their standards of living. People are desperately seeking extra sources of income. Most of them give up since they lack knowledge and expertise in looking for decent investments. Still, there are people who eventually find what they look for. I mean they eventually come to online investments. Investing in those who trade Forex professionally has become one of the best ways to generate truly stellar profits within a relatively short period of time.

Publication date: 20 May 01:23 PM