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Thursday, 27 November 10:06 (GMT -05:00)


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Foreign exchange market

US Dollar: US External Trade Deficit Keeps Growing


 

 

The US import exceeded the export by 145 in April. The external trade deficit reached $51,8B, which is $6.4B more than February’s deficit.

 

 

 

 

 

 
As for the US import costs, they declined by 0.5% (m/m) in April and gained 0.5% (y/y).
 
Lower fuel prices were the major reason for lower import costs as compared with March’s stats. The import costs increased by 1.4% (m/m) in March and by 3.5% (y/y).
 
Analysts say that the import cost increase (y/y) is the lowest in 3 years. This suggests that the global economic growth keeps slowing down.
 
As for the US Dollar index, it is fluctuating within the range created by the bullish wave «с(С)/5» of wave level H6. According to Masterforex-V Academy experts, 80.34 will become the next major level of resistance. If the price breaks and consolidates above it, the rally will resume. In order to reverse the mid-term uptrend, the price will have to break below 79,65 and form a FZR below it.

 

 

 

 

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Anniversary “Loyalty Bonus” of ForexTrend: Forex Traders Can Get 100,000 Dollars

 

There are numerous ways of getting rather high and stable profit at Forex market. However, supposingly, the best variants for direct trade or for getting passive profit (without trade) are offered by the best investment broker and best innovative broker of 2014 according to the 17th international exhibition of world stock industry MOSCOW FOREX EXPO, namely ForexTrend company.
Publication date: 26 November 09:23 AM

RVD Markets Introduces New Deposit / Withdrawal Option Named UnionPay

As you probably know, today's Forex market can offer you a bunch of excellent moneymaking opportunities leading you to stable profits, which further translate into financial freedom. Still, trading in financial markets can be subject to major financial risks if the trader trades recklessly and behaves like a compulsive gambler in a casino. On the other hand, a pro trader always makes his/her trading decision based on the degree of risk coupled with expected returns. In simple words, his actions are based on a decent strategy with moderate risk and acceptable reward.

Publication date: 26 November 05:55 AM

ForexTrend Reveals Intermediate Results of "Мillion Dollars to Skillful Hands 3" Contest

 

They say an independent person equals a confident one while a dependent person lacks confidence and cannot do without hope. As a matter of fact, successful and well-off people belong are independent and confident while the majority of other people cannot unfortunately boast belonging to the latter group. An average person has to constantly face various challenges and deterrents while being dependent on the boss, having constant income-related headaches, suffering from inflation and endless incoming bills waiting to be paid just in time. More often than not, bosses abuse their employees, forcing them to do what they do not want to. So why not become your own boss?

Publication date: 25 November 06:27 AM

Forex. GBPUSD: Dollar Still Strong Against Pound

 

UK media report that the average income in the UK declined moderately over the latest reporting period, according to the official data. Analysts can see another deterrent on the BOE's way to toughening its monetary policy in the ner future, Market Leader reports.

Publication date: 25 November 04:38 AM

Forex. USDCHF: Dollar Still Strong Against Franc As Switzerland Nears Referendum

 

At this point, economists and financial experts are focused on the SNB's plans to purchase foreign currencies as well as the forthcoming referendum regarding the share of gold in the central bank's gold-and-currency reserves.

Publication date: 25 November 04:37 AM

ActivTrades Surprises Forex Traders at Moscow Forex EXPO 2014

The 17th international exhibition of stock industry and Forex “Moscow Forex Expo 2014” was held in Russian capital from October 31 to November 1. In the fashionable Radisson Slavyanskaya Hotel visitors with their own eyes get aquainted with the latest achievements of the industry, presented by largest Forex brokers, insurance, investment, and financial companies, as well as the world’s leading banks.

Publication date: 21 November 07:36 PM

RVD Markets Launches 20+5 Bonus For Investor and Managing Traders

Amid today's financial uncertainty and geopolitical instability, people are forced to seek extra income sources to back their financial future. Inflation coupled with the devaluation of national currencies seen in most countries around the globe make people think about multiple sources of stable income since a monthly paycheck is simply not enough these days to feel financially secure.

Publication date: 21 November 06:26 AM

Start of New Season of Panteon-Finance “Arena of Investors”

For most of us the talent of making trouble has always exceeded the skill of avoiding them. Very few people manage to rationally solve problems at smallest costs. Instead, we compensate for our personal moral and material losses by discussing someone else's difficulties.
 
Publication date: 19 November 08:39 AM

Traders Name Brokers With Opportunity to Enter Masterforex-V Expo's Ultimate Rating

 

At some point, all Forex traders face the unavoidable challenge of choosing a reliable and reputable Forex broker in order to succeed in Forex trading in the long run. The thing is that depositing is easy with any broker, whether it is a scam or a truly reputable one. However, when it comes to withdrawing your profits or even deposits, only reputable brokers can withdraw money without delays and questions and lame excuses, which is certainly not the case with minor brokers and scam brokers.

Publication date: 19 November 05:42 AM

Samsung Becomes Apple's Biggest CPU Supplier Again

 

According to The Korean Times, Apple ans Samsung, 2 biggest rivals in the mobile device segment, are going to revive the cooperation again. If to believe the media, the Korean tech heavyweight is going to revive its position of Apple's major CPU supplier once again. The CPUs are designed for Apple's mobile devices - iPhones and iPads.

Publication date: 18 November 06:37 AM