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Tuesday, 25 April 00:27 (GMT -05:00)



Foreign exchange market

RBC: New Zealand Dollar Decline Is Supported By Risk-Averse Investors


 

 

Amid global uncertainty, investors are getting rid or risky assets, thus affecting the NZ Dollar exchange rate. NZDUSD keeps declining down to the 5-month low.

 

 

 

 

 
According to Greg Gibbs, a currency strategist for RBC, The uncertainty makes it difficult for traders to find the bottom, which could be a major level of support. According to him, the nervous market environment affects the currency market.
 
In general, the NZ Dollar reflects the situation seen in the markets of other risky currencies. Some experts say that the New Zealand currency has always been more vulnerable and sensitive about the periods when investors turn risk-averse.
 
According to Masterforex-V Academy, NZDUSD is developing a major downswing. At this point, the currency pair is forming wave 3 or А(С)/С inside wave А/В of wave level Weekly. The closest level of support is 0.7460. The next one is the local low - 0.7369. The downtrend will be completed on braking and consolidating above 0.8233 (as shown below):

 

 

 

 

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Masterforex-V Expo Names Best Binary Options Brokers in April 2017

Binary options are relatively young but they have won the hearts and minds of millions of traders around the globe. They are an excellent alternative to conventional Forex trading. With binary options, you can still trade your favorite currency pairs. However, now you can do it the easy way but you don’t have to maintain the trade each time you open it and your trading results don’t always have to rely on the amount of pips the price have changed by.

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Publication date: 18 April 02:19 AM

Euro: Greece Still Cannot Do Without External Financial Support

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To be more specific, she says that the overall prospects of the global economic growth have improved but the uncertainty related to politics is still carrying some risk for the growth.

 

Publication date: 17 April 06:27 AM

“Zero to Hero” by EverFX. Zero Commissions and Spreads for FX Traders

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Publication date: 14 April 01:57 AM

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There is a rule of thumb which reads that before choosing a certain FX broker, you should consider a number of factors to base your choice on. Even though for some traders, the leverage and the size of the spread are important, going with the broker who offers cutting-edge technologies and innovative solutions to the trader is always a good idea.

 

 
Publication date: 13 April 08:45 AM

Trump Makes Dollar Drop

The U.S. Dollar is reported to have dropped a little bit today. This happened shortly after President Trump gave his assessment of the situation in the American financial system. In particular, he assumes that the U.S. Dollar is a little bit too strong and he wants interest rates to stay low.
 
Publication date: 13 April 07:54 AM

Pro-rebate.com: 7% of Profit Made by Auto-Copying Masterforex-V’s 5 Best Traders In March

In March 2017, those who invested in Masterforex-V Academy’s best traders by copying their trades in auto mode got paid handsomely once again, pro-rebate.com experts report. To be more specific, the 60 best traders collectively made over 65000 points of profit. The top 5 traders made 2954 points of the mentioned profit.

 

 
Publication date: 13 April 02:41 AM

Inflation in Great Britain May Undermine the British Pound

The British CPI remained without changes in March 2017. This means that the annual rate of inflation is still 2,3%, Market Leader reports.
 

 

At the same time, the Office for National Statistics, which is the UK’s official statistics agency, indicated a base inflation slowdown over the reporting period. The Core CPI excluding foodstuffs and energy, slowed down from 2% in February to 1,8% in March. This may testify to a much more careful money-and-credit policy by the Bank of England.
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Hollande's Legacy, FX Experts on EURUSD

Francois Hollande seems to have already become the most unpopular president in the entire history of France. That’s why, amid the forthcoming presidential election in France, more and more experts ask what is his legacy.
 
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