10 May 04:18 PM
You are free to discuss this article here: forum for traders and investors
These days, young, gifted and promising broking companies keep on coming to the international Forex broking industry, which certainly makes the competition inside the industry much tougher. With that said, most broking companies (especially the younger ones) have to face multiple challenges related to rivalry as they try to expand their client base by fighting for new clients while striving hard to deserve the prestigious right to render broking services within the scope the contemporary Forex environment, which can sometimes be very rough.
July's US employment report, which is scheduled for today, August 1st, may show a further increase in the amount of new jobs created in the US during the reporting period, thereby indicating lower unemployment in the USA, the world's biggest economy. Actually, if this is the case, this is going to be the lowest unemployment level since 2008.
By connecting one’s activity with exchange market, every trader strives to reach set goals – make maximal profit and become a professional in the sphere of trade. However, it is rather difficult to achieve everything on one's own, for work at Forex market are connected with high risk. For this reason some traders give up trade at exchange market after first losses. Others make correct decisions - to entrust their destiny to rebate-companies, the absolute leader of which is International Association of Forex Traders.
Increase in productivity of American economy risen to 4.0% during the second quarter, аnd its considerable decline to (-2.9%) during the first quarter has been reconsidered to growth to (-2.1%), according to the latest data, published by US Department of Commerce.