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Tuesday, 29 July 06:41 (GMT -05:00)


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Foreign exchange market

USDCAD: Canada Pays For Alberta’s Prosperity


 

 

Thomas Mulcair, Leader of the New Democratic Party of Canada, assumes that entire country has to pay for Alberta’s wellbeing. Alberta is Canada’s oil-producing province. The oil tycoons get richer as the Canadian Dollar appreciates. However, this affects other industries in Canada.
 

 

 

 

 

 

According to him, over the 6 years the Democrats have been in power, over 500K people have lost their jobs. He says this is a major issue that cannot be ignored. It is necessary to make the Canadian economy less dependent on mineral resources and to boost the country’s manufacturing production.
 
Forex.
 
In the meantime, USDCAD is being traded in the 1,0066-0,9922 range formed by an upswing - wave А/В of wave level Daily. According to the experts of Masterforex-V Academy the rally may resume in the form of the “Hound of the Baskervilles” pattern by Elder/MF.  To do that, the price will have to overcome the resistance at 1,0066. A major downtrend will become probable if the price breaks below the MF pivot 0,9922, with a bearish FZR below it (as shown below):

 

 

 

 

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Investment in Art with Panteon-Finance: Aesthetics and High Profit

Investment is the best way of providing one’s financial independence. Аnd investment in art is a guaranteed opportunity to accumulate one's capital in mid-term perspective from 100 to 1000 and more percent.

 

Publication date: 28 July 09:19 AM

USDJPY: Dollar Strengthens Against Yen

 

Today, on June 28th, the US Dollar is gaining value against the Japanese Yen. In particular, the American currency gained 0,04% amid a relatively calm day in terms of new releases.
Publication date: 28 July 08:51 AM

EURUSD: Euro Gains Value, Price Hits 1.3441

 

The common European currency started this trading week on a bullish note. In particular, at the beginning of today's European trading session, the currency pair traded within the scope of the 1.3420-1.3438 price range. Still, later on, the common currency made a bullish attempt and rallied up to 1,3441 against the US Dollar, Market Leader reports.
Publication date: 28 July 08:31 AM

GBPUSD: British Pound Still Lose Value After UK Economic Figures

The British Pound lost a bit of its value against the US Dollar by 0,65% during last trading week even though the recent UK GDP report came out positive. In particular, the GDP report came out positive, thereby matching analysts expectations at 3,1% in Q2 2014 (y/y).

Publication date: 27 July 09:23 AM

USDJPY at Forex Rises after Statements of the Bank of Japan

 

Japan keeps showing certain success in economic recovery and suppression of deflation. Nevertheless, there remains some uncertainty, connected with external and internal factors, which leaves the question of further monetary policy, implemented by the Bank of Japan, open.
 
Publication date: 25 July 06:19 PM

Forex: British Pound Gains Value Amid UK GDP Figures

 

Today, on July 25th, the UK's Office for National Statistics released the key economic indicator - GDP. The GDP release concerned the 2nd quarter of 2014. It appears that the UK GPD gained 0,8% thi time. Actually, this is the 2nd time in a row the price is gaining value by 0,8%. It should also be noted that the actual figures matched expectations. 
 
At the same time, the year-over-year GDP growth in Great Britain reached 3,1%. The increase took place mainly due to the UK service sector as well as industrial production.
Publication date: 25 July 08:21 AM

Forex: Euro Consolidates Versus Dollar As IMF Drops Global Economic Projection

 

Today, on July 25th, the common European currency keeps on regaining a little bit of tis value lost against the US Dollar over the last few days. The currency pair is consolidating at this point. Close to the end of the European trading session, EURUSD traded 0,3% higher around 1.3470.

Publication date: 25 July 04:59 AM

FBS Introduces New Account Types

More and more young and promising companies  come to the international Forex broking business, which certainly toughens the competition inside the industry. This leads us to believe that most broking companies (especially the younger ones) have to face severe competition as they fight for new clients and they really strive hard to deserve the right to render broking services in the contemporary Forex industry, which can sometimes be a very rough environment.

 
Publication date: 25 July 01:44 AM

IQ Option Starts Tournaments of Turbo Options for Forex Traders

Today Forex market gives numerous opportunities of getting stable profit. Trade on binary options is one of most popular variants.

Publication date: 24 July 05:36 PM

MasterForex-V Academy Gives Larson and Holtz a Test Drive

 

Choosing a reputable Forex broker is a real challenge for any trader. Yet, it is an inseparable part of the way to success in Forex trading. What makes a reliable broker? There are many aspects that make a reputable trading business, from competitive trading conditions coupled with innovative solutions and client-oriented approach to major licenses and awards.
 
Publication date: 24 July 09:03 AM