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Saturday, 4 July 06:04 (GMT -05:00)



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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Forex-Market Offers 7 Account Types!

 

As FX traders become more sophisticated, the FX industry evolves as well. Client-oriented Forex brokers come up with innovative solutions for more comfortable and efficient trading. This includes improving trading conditions and even creating new types of trading accounts.

Publication date: 30 June 03:46 PM

Orbex Offers FX trading Without Swaps

These days, more FX brokers offer their clients swap-free accounts. What are the benefits and advantages of such accounts? Can we count on more substantial profits while making use of them? The expert team of an FX company named Orbex helped us to answer these questions.

Publication date: 29 June 06:16 PM

Fort Financial Services Celebrates 5th Anniversary!

 

As you know, summertime is a time for vacation, which means Fx traders can rarely find excellent trading opportunities amid flat markets and decreased volatility and liquidity. Less volatility means less substantial profits. Still, you can benefit from trading major news or events.

Publication date: 29 June 05:39 AM

Forex: U.S. Dollar Raises Against Other Majors Amid Record U.S. Housing Market Figures

 

According to the data published by the U.S. Department of Commerce, the sales of residential property in the USA increased by 2.2% in May 2015 relative to the same figures in April 2015. In absolute figures, the index increased up to 546 000 home sales y/y.

Publication date: 29 June 03:35 AM

Forex. USDCAD: U.S. Dollar Gains Value Relative To Canadian Dollar Amid CPI Slowdo

 

The retail sales figures coming from Canada do not reassure  investors. In April 2015, they showed a sharp decrease. These poor performance only added fuel to the fire of all those difficulties the Canadian economy faced in Q2 2015.  This seems to be the key reason why consumer spending is still at its lows.

Publication date: 29 June 03:12 AM

Forex: U.S. Dollar Still Flat Against Aussie

 

The Australian economy is still at the stage of completing the period of high growth rates. This is what the IMF thinks on he matter, Market Leader reports. The experts warn the Reserve Bank of Australia about the necessity of decisive steps aimed at easing the central bank’s monetary policy in the near future if the economic situation in the country cries for it.

Publication date: 28 June 05:32 PM

FOREX. EURUSD: Dollar Drops Relative to Euro on Strong GDP Figures from France

 

According to Insee, which is the French officer national statistics, the French GDP growth amounted to 0,6% in Q1 2015 relative to the same figures a 12 months before. It should be noted that these are the strongest GDP figures France has shown since 2013, Market Leader reports.

Publication date: 28 June 05:06 PM

Forex: U.S. Dollar Gains Value against Japanese Yen Amid Lower Inflation in Japan

 

Market Leader reports that the Bank of Japan expects an industrial production decline in April-June 2015 after 3 months of positive dynamics amid weak consumption figures coming from Asia.

 


The industrial production output increased by 1,5% in Q1 2015 as opposed to Q1 2014. This is an indication that the Japanese economic growth is accelerating. By the way, Japan is the world’s 3rd biggest economy.

Publication date: 28 June 04:39 PM

FX Trading: How to Make 700 Points Per Week?

 

What is the difference between FX trading and investing in gold, diamonds, residential property or even making bank deposits? The difference is that FX trading is all about high yields, which can be dozens, hundreds or even thousands of times bigger than you expect to get from those conventional investment… The thing is that this is a risky business and in order to succeed in it, you absolutely need to know the techniques and methods of generating those stellar profits over the long term.

Publication date: 28 June 05:45 AM

Masterforex-V Academy’s TOP 50 FX Traders Capture 36 000 Points of Profits in Early June!

 

The 4th month of testing the innovative auto-copying system by pro-rebate.com is underway. Now it is time to look at the updated stats for changes that took place over the reporting period.

 


According to pro-rebate.com  and Masterforex-V Academy, the 50 most successful traders managed to show the collective profit of more than 36 000 points over the first 2 weeks of June! It is interesting to note that the TOP 10 collectively gained 11571 points or 32% of the overall profit. The traders rated 11- 20 gained 8018 points or 22% of the overall profit.

Publication date: 25 June 11:25 AM