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Monday, 27 March 02:34 (GMT -05:00)



Foreign exchange market

Forex. AUDUSD: U.S. Dollar Feels Pressure From Aussie Amid Australian Labor Market Report


 

According to the latest official report on the Australian labor market, the rate of unemployment in Australia decreased last month. At the same time, the report says that the Australian labor market showed some other improvements over the reporting period, Market Leader reports.

 

 

 

In particular, the official rate of unemployment in Australia declined from 6,3% in July down to 6.2% in August. The actual figures completely matched the predictions.
 
As the rate of unemployment goes down, the amount of employed Australians keeps growing. As of August, the amount of the employed in Australia grew by 17 400 people, which is way above the forecast expecting an 8000 increase.  
 
At the same time, the amount of part-time jobs increased by 5 900 vacancies in August. The amount of full-time jobs increased by 11 500 vacancies over the same reporting period, which happens to be slightly below those 13 100 seen in July.
 
Apparently, lower unemployment and higher employment coupled with a bigger amount of jobs hint us at some positive changes in the overall dynamics seen in the Australian labor market over the last few years. All in all, these changes favor consumption spending and economic growth while exerting positive effect on the national currency – the Australian Dollar, Masterforex-V Academy reports.
 
By the way, Masterforex-V Academy experts say that while the mentioned changes favor the national currency of Australia, AUDUSD is forming wave A/B of level H8 or higher. This wave is a part of a big-scale rally of the Aussie against its American counterpart.
 
Specifically, the currency pair is currently developing wave b(C ) within the scope of the rally. A break above the 0.7098 high is going to give way to further high, thereby extending the rally. If this is the case, the price is probably going to encounter resistance around such levels as 0.7130/34, 0.7157/67 and well as MF pivot 0.7248 and the top of the descending MF sloping channel. Alternatively, the current bullish momentum is going to be suspended as long as the price breaks below MF pivot 0.6944 and the bottom of the ascending MF sloping channel.
 

 

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Choosing Profitable NordFX Signals: 300% a Month or 300% a Year?

 These days, trading signals has become really popular among retail traders and investors from all over the world. Speaking about those signals, they come in different shapes. For instance, auto-copying is one of the most popular formats of providing trading signals to retail clients.

 
This is all about letting the client copy successful traders’ performance in automated mode. This means that while the client stays in control of their investments, it’s possible for them to outsource all the routine job of copying the signals to trading software and enjoy passive income on a regular basis rather than having to wait for trading signals to come out and apply them manually. Basically, that’s one of the key reasons why auto-copying services has been getting more and more popular worldwide over the last few years.
Publication date: 21 March 08:16 AM

Pro-rebate.com: 10% of Profit Made by Auto-Copying Masterforex-V’s 5 Best Traders in February

 In February 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 67000 points of profit. The top 5 traders made 4270 points of the mentioned profit.

 
It should be noted that over the last 6 months, the average monthly profit has nearly doubled all the way up to 61000 points. For the sake of comparison over the previous 18 months, the average profit never went beyond 35000 points.
Publication date: 20 March 12:26 PM

Bitcoin Is By Right the World’s Most Popular Crypto Currency

The crypto currency as phenomenon emerged not so long ago compared to other digital means of payment. However, since then, it has already managed to will its own place under the sun, and it keeps on getting more and more popular across the entire Internet. More and more people start using crypto currencies as an online means of paying for products and services both offline and inline. On top of that, Bitcoin and other crypto currencies allow an increasing amount of people out there to make money for a living.

Publication date: 20 March 05:14 AM

Pavel Krymov: Crypto Currencies Are Some of the Most Promising Investments

For those of you who don't know, Bitcoin has been one of the biggest financial newsmakers over the last few weeks. After a prolonged rally (at some point, Bitcoin even got more expensive than gold) connected with certain events, the crypto currency unexpectedly dropped only to recover most of the lost ground a few days later.

Publication date: 19 March 01:49 AM

Masterforex-V Club’s «PrivateFX №1» Portfolio Gets +0,71% More This in a Week

When it comes to investing money, it’s always a good idea to advance slowly but surely. The past trading week happened to be a success for the managers of the «PrivateFX №1» portfolio. In particular, the 5 trading days of the week ended up with 106,43 dollars of profit, which is 0,71%. This is not that much in absolute terms. However, within 12 months of such a profitability, the initial capital of $15K could see around $6600 on top.

Publication date: 10 March 04:56 AM

Bitcoin Exchange Rate Hits All-Time High

In late February, the exchange rate of Bitcoin, the world’s first and most popular crypto-currency, reached a new all-time high – 1 183,68 USD/BTC. This happened earlier in the morning, on February 24, at itNit, which is a New York-based exchange. A couple of hours before setting the all-time high, the exchange rate exceeded the $1000 threshold.

Publication date: 06 March 08:47 AM

Masterforex-V Club’s «PrivateFX №1» Portfolio Outperforms Other Financial Instruments

Misfortunes are always followed by good luck. This is what PrivateFX №1 investors hope for. And they really have a reason for that, even though February didn’t turn out to be a profitable month for them. the thing is, after the profit made at the very beginning of the trading month, the investment portfolio saw an unpleasant drawdown, even though a minor one.

Publication date: 28 February 11:48 AM

PrivateFX, Masterforex-V Academy and PRO-rebate Launch PAMM Trading Contest

The trading year started without any major events. There is nothing to be surprised about given the fact that financial markets are really afraid of unpredictable Donald Trump who has been making controversial statements and changing his mind from time to time, thereby triggering ups and downs in financial markets. These days, it’s rather difficult to predict the market and follow the trend even if you are an advanced trader with many years of expertise and excellent tools under your belt. The question is whether it’s really possible to benefit from Forex without being pegged to international events.

Publication date: 23 February 02:25 AM

Greek Economy Starts Growing

Last Friday, Pierre Moscovici, who is the European Commissioner for Economic and Financial Affairs, Taxation and Customs, visited Athens to discuss with the Greek government the report on the situation with the Greek debt to the international lenders.

Publication date: 22 February 08:58 AM

Investors Recognize PrivateFX World’s Best PAMM Broker 2016

Investing in Forex is probably one of the most promising ways to make money in passive mode. If you are cooperating with a reliable broker, and your managing trader is interested in making money on mutually beneficial terms, often times you can get a weekly profit, which is going to be bigger than the interest rates paid you annually as a bank depositor. This holds especially true for PAMM investments, which are the best options to make money in financial markets in passive mode.

Publication date: 16 February 05:02 AM