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Foreign exchange market

CBA Downgrades AUDUSD Forecast


 

 

Commonwealth Bank of Australia (CBA) has recently downgraded its forecast for the Australian dollar exchange rate. The analysts of Australia’s biggest commercial bank expect the public spending to be cut down to 364.2 million dollars. This will be the first spending cut in more than 40 years.
 

 

 

 

 

 

The implementation of the new program aimed at reaching a 1.54b surplus will affect Australia’s economic growth. Consequently, the RBA will have to cut interest rates in order to stimulate the economy. This will weaken the Australian currency.
 
The CBA analysts expect AUDUSD to decline down to 0.9800 by mid 2012 and to recover up to 1.0500 by late 2012.
 
According to Masterforex-V Academy, the Australian Dollar keeps losing value against its US counterpart. AUDUSD is currently forming wave А(С) or shortened С inside the bearish wave А(С)/С of wave level Daily. The closest major levels of support are 0.9983, 0.9947, 0.9912. The current downswing will be completed once the price breaks and consolidates above 1.0142 (as shown below):

 

 

 

 

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HP DreamColor Z32x – 4К-Monitor for Business Sector

Hewlett-Packard company has informed about renewal of the line of monitors DreamColor, oriented on professionals in the sphere of graphic design. As already informed by the “Market Leader”, models DreamColor Z32x, Z27n, Z25n, Z24n Z24nq, and Z24nf will add to the assortment of American manufacturer; they differ from previous variants by a thin display framing, higher resolving power, and better color rendering.
 
Publication date: 16 April 02:04 PM

Optimize Trade at Forex with YA-HI.com: Combination of Indicators

It is believed that indicator appeared at the same time as the mere notion of technical analysis of quotation charts. Over time their number was rising. And nowadays even in basic versions of trading terminals of forex-brokers we usually get a choice of tens of various indicators. However, any of them just indicates the likelihood of a certain course of events in future, but does not guarantee that the curve of the chart will move exactly to the side, pointed at by the indicator. It’s a different matter if we look at two or three indicators at the same time. Then chances of making a correct prediction get much higher. How to use several indicators at the same time has been explained by the broker company YA-HI.com.
 
Publication date: 16 April 10:02 AM

Masterforex-V Expo Names Most Popular Binary Brokers in March 2015

 

Binary options are pretty specific type of assets to trade or invest in. With binary options, you can make decent but fixed-income profits since binary options are all-or-nothing investments.

Publication date: 14 April 12:00 PM

Masterforex-V Expo Names Best Forex Bonus Offers in April 2015

 

More Forex companies keep joining the international Forex market, which makes the inner competition tougher. This means that all Forex brokers (both young ones and heavyweights) now have to compete for the existing and new clients.

Publication date: 14 April 03:32 AM

40 Traders of Masterforex-V Earn Over 43 Ths. Points of Profit for March

Another bypast month proves the consistency of a conclusion about success of the system of autocopying accounts of Forex traders, which nowadays can give a worthy support to a family budget.
 
A web site for investors pro-rebate.com has told the "Market Leader" another statistics of earnings made by 40 successful Forex traders, whose deals can be copied free-of-charge via pro-rebate.com system.
Publication date: 10 April 01:10 PM

Larson&Holz Offers Traders to Work with CFD Equity Contracts

Traders of a broker company Larson&Holz have a great opportunity to trade currencies with CFD equity contracts. Specialists explain that trading contracts is very different from buying shares.

Publication date: 09 April 08:12 AM

Masterforex-V Expo Names Best Forex Micro Brokers in April 2015

 

These days, you can get a whole lot of services offered by Forex companies. Even rookies with tiny trading capital have got a great opportunity to start trading Forex thanks to the so-called micro / cent accounts (they usually start from $1). I guess that some of you may have some questions like:
 
What are micro / cent accounts and why are they so popular among rookies worldwide? Why do you recommend choosing micro / cent accounts (usually $1 to $50) when deciding to switch to real-money trading? What are those micro brokers that enjoy the highest reputation and rating? Ok, I will try answer them here…

Publication date: 09 April 05:44 AM

Masterforex-V EXPO Names Forex Brokers with Best Analytics in March 2015

 

Undoubtedly, market analytics is the “face” of any modern broking company, whether it is Forex or binary options, or any other financial market. A lot of Forex traders and investors, both newbies and professionals, take those analytic figures into account when making their trading or investment decisions. This means that traders need timely data of pretty high quality for the sake of helping traders and investors make troy weighted decisions putting the odds in their favor and allowing them to win in the long run.

Publication date: 08 April 02:45 PM

NordFX Registers the 1 000 000th Account

Not so long ago, there was another major event in the Forex industry. The thing is that NordFX, one of the most outstanding Forex companies, registered the 1 000 000th account. This a truly major event for the company. This is also a sing of great recognition since only a truly client-oriented company is capable of expanding its client base this way. This is a sign of trust, respect. NordFX clients see NordFX as a team of exceptional professionals.

Publication date: 07 April 01:45 PM

Fort Financial Services Launches Fibonacci Promo

 

Are you tired of struggling financially? Are you busy seeking extra income? Probably you are if you are reading this article. Indeed, the global economical and financial situation leaves much to be desired. More and more people go inline to find some decent financial solutions capable of leveraging their efforts aimed at becoming getter-off. Layoffs, consumer inflation, currency devaluation… This is not the full list of challenges most people around the globe have to face on a daily basis.

Publication date: 06 April 03:54 PM