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Tuesday, 30 September 11:49 (GMT -05:00)


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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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Euro Drops To 1.2693

 

As you have already noticed, the common European currency is still losing value against the US Dollar. It happens day by day. Yesterday, on September 29th, the currency pair declined from the intraday high of 1.2714 down to the low of 1.2693. Previously, the recovery up to 1.2714 was caused by relatively stable data coming from the Eurozone earlier on that day.
 
Publication date: 30 September 05:20 AM

Forex: US Dollar Gains More Value VS Euro As Eurozone Cuts Lending

 

The Eurozone continued cutting its lending in August. The ECB is determined to reconsider its arsenal of measures used to reach the inflation target. With that said, the lending volume within the Eurozone's private sector shrank by 1,5% in August 2014 as opposed to August 2013. With that said, the pace of decline slowed down as compared to July's 1,6%. The lending decline has been seen for 28 months so far. This gives the ECB a signal to start stimulating it.

Publication date: 30 September 01:20 AM

US Dollar Gains Value 11 Weeks. This Week’s Key News

 

Investors and other market participants have already noticed that the US Dollar has been actively growing steadily against other major currencies for 11 weeks so far. According to Deutsche Bank, this is the first time in history. On Friday, September 26th, the USD index closed at the highest price level since 2010 close to 85,69. As of Monday, September 29th, the index managed to set another high at 85.80.
Publication date: 29 September 03:36 PM

Forex. US Dollar Index Gains 0,15% Amid Stock Sellout

 

Today, on September 26th, 2014, the USD index, reflecting the strength of the US Dollar against a basket of 6 other majors, seems to be continuing its rally. So far, the index has gained 0,15%. This happened after US stock indices closed the trading day in the red zone yesterday. The US Dollar and other safe-haven assets gained value amid higher concerns about the near-term future of the global economy as well as the existing geopolitical risks, including the situation in Ukraine.
Publication date: 26 September 05:17 AM

Forex Trend’s PAMM Indices Gain Stellar Weekly Profits - over 11,7%!

 

The year of 2014 seems to have projected the negative economic tendencies seen over the last few years following the global crisis. Indeed, these tendencies far from reassuring investors, financial experts and plain folks. Even though most of us have almost forgotten about the crisis in Greece, Spain and other Eurozone economies while the Fed is finally close to taper its QE3 to the end due to (seemingly) stronger economic performance in the USA, financial markets cannot still show relative stability while they are getting less and less predictable for an average person amid overall weakness of the global economy coupled with some geopolitical issues like the situation in Eastern Ukraine.
Publication date: 25 September 10:51 AM

EURUSD: Euro Trades Near 1.2715

 

Today’s European trading session was dominated by the bears. The currency pair started another downswing from 1.2768 at the beginning of the trading session. As the result of this move, the currency pair managed to go down to the local low of 1.2696. On top of that, this is a new 2-year low!

 

 

 
Publication date: 25 September 10:07 AM

Personal Analyst by NAS Broker: Excellent Service Available to Everyone!

NAS Broker (stands for New Access to Securities Broker) is considered a trademark belonging to NAS Technologies Saint Vincent. This one is widely known in the international brokerage market.
 
With that said, NAS Broker is one of the leading broking companies in the entire industry. NAS Broker is capable of offering all of its customers a wide range of unique products and unrivaled services.
Publication date: 24 September 08:41 AM

NordFX Reveals 10 Best Providers of Forex Signals In September 2014

 

Nowadays, there so many financial opportunities that you don’t even have to strive hard in order to get stable passive profits, that are sometimes much bigger than monthly salaries. Without any doubt, they can guarantee pretty good standards of living and even lead you to financial freedom provided that you know where to find those opportunities and how to implement them.
Publication date: 24 September 07:51 AM

EURUSD Goes Flat On Wednesday

 

Yesterday’s American trading session, the world’s most popular currency pair continued its way down from the local low of 1.2900. The US Dollar went on with its strengthening against other majors, including the common European currency, amid stable figures on the US industrial production. In particular, the PMI remained strong at 57,9 points. Any value above 50 indicates relative strength.
 
Publication date: 24 September 06:51 AM

Forex: How To Avoid Scams?

 

Unfortunately, the contemporary Forex industry is subject to various scams designed to deprive people of their savings and earnings. Indeed, it is not only about dirty Forex brokers trying to play various dirty tricks on their clients in order to make them lose their money eventually. The thing is that the industry is full of various “gurus” trying to sell the idea of easy money-making while this is not the case. They attract people’s money and promise to multiply the funds… and disappear. Such situations give way to various rumors saying that Forex and other financial markets are scams themselves designed for the sole benefit of Forex brokers and other big-scale players while all retail clients are losers. Apparently, this is not the case. The delusion is born by those investors who once failed to invest their money properly and fell prey to scammers.
Publication date: 24 September 05:59 AM