Tue, 01 May 2012 20:09:00 +0400
Forex news, EURUSD. International Labour Organization (ILO) expresses concern about alarming situation at labour market of Eurozone and predicts slowdown of economic growth in the region if hard austerity continues. According to ILO, such policy has negative influence on new jobs dynamics, especially in the countries with advanced economy.
ILO report says that policy, narrowly directed at the economy of money means, makes the crisis at labour market stronger and may lead to another wave of recession in eurozone. On the other hand, according to information from ILO, stabilization of labour market happens quicker at developing markets, and it has already passed pre-crisis results.
ILO Analytics Team is currently concerned about labour market in many countries with advanced economy. According to it, during the nearest years European economy is highly unlikely to show growth, whose pace will be enough to compensate the current deficit of jobs and provide over 80 mln. people with jobs, as they will become unemployed during this period.
As explained by Commodity Trading Department of Masterforex-V Academy, euro future is traded at lowered volumes between the levels of support and resistance 1.3250-1.3300. In this reference, two stop-volumes in a row signal about harder upward trend, and resistance may be tested if the power of demand gets higher; otherwise, EURUSD will continue the flat-type trend within the stated margins.
You are free to discuss this article here: forum for traders and investors
Binary options gain popularity worldwide. The unprecedented success of the relatively new derivative has a lot to do with its relative simplicity and affordability. Basically, conventional PUT/CALL binary options allow you to make 70-90% on average (sometimes even 100%) if they expire in the money while the risk is limited to your investment and therefore is fixed.
In early December, the international Forex industry witnessed a major event. The thing is that TeleTrade, one of the true heavyweights and veterans operating in the Forex brokerage field, has just celebrated its 20th anniversary!
The unemployment level is going down in the UK. Still, the pace of this decline slowed down last month. This slowdown turned out to be bigger than expected. However, the salaries seem to be growing.
Investors go less pessimistic regarding the Swiss economic prospects in December. Still, most of them are still worried about the possibility of negative consequences of the current economic instability in the Eurozone affecting the Swiss economy.
The current balance deficit seen in New Zealand is reported to have gone up to the highest point in 6 years, Market Leader reports. This is confirmed by official stats. Despite the decline, Moody’s experts refused to downgrade the country’s sovereign rating, which is pretty high at this point.
The US Department of Labor has recently revealed the latest data, according to which the CPI (consumer price index) dropped 0,3% in November 2014 relative to the previous reporting period, Market Leader reports.
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.
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.
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.
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.