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Sunday, 4 December 04:13 (GMT -05:00)



Foreign exchange market

Forex. GBPUSD: Dollar Drops Versus Pound Amid BOE’s Report


 

According to Masterforex-V Academy, the BOE’s latest report has revealed the fact that the key interest rate remains unchanged at 0,5%. According to the latest survey conducted by Bloomberg, the actual figures happen to have matched the analytic forecast. Therefore, the BOE’s interest rates is still at the all-time low.

 

 

 

 
It should be noted that the key interest rate in the UK has been at the lowest level since March 2009. At that same time, the current interest rate is at the lowest level in the entire history of the Bank of England.
 
Another interesting fact to pay attention to is that the central bank decided to level its asset purchase program unchanged as well.  At this point, it is estimated at 375 billion pounds or 577 billion dollars per month. Essentially, this leads us to believe that the asset purchase program has probably been suspended by the Bank of England, since the central bank ran out of the money allocated for the program back in 2013.
 
Still, economic forecasts hint at positive bias. As for the UK GDP forecast, they have remained positive despite the economic challenges seen in China, which triggered market panic and uncertainty worldwide. The BOE expects the UK GPD to grow by 2,8% and 2,6% in 2015 and 2016 respectively.
 
FOREX

As for GBPUSD, the British Pound is still moving within the same long-term downtrend against the U.S. Dollar despite recent recoveries. According to Masterforex-V Academy, a break below 1.5164 will give way to 1.5099/88, 1.5010, 1.4958, 1.4914/878. At the same time, if GBPUSD does start a rally, it may well encounter resistance around 1.5818 and the top of the descending MF sloping channel.
 

 

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Masterforex-V Club’s «PrivateFX №1» Portfolio. 4 out of 5 Traders Make Profit

The investment portfolio is recovering slowly but surely. Even though the profitability is miles away from the green zone, we are confident that reaching the area is just a matter of time. For those of you who don’t know, Paramon saw a major drawdown a couple of weeks ago, which resulted in a nearly 14% drawdown for the entire portfolio. Since then, the portfolio recovered a little bit.

 

 

 

Publication date: 30 November 04:52 PM

Vipro Markets: FX Broker For Successful Traders

Obviously, any trader wants to work with a reliable, respected broker. Vipro Markets is one of such companies. Vipro Markets stands out from the crowd for a number of reasons. The key principle Vipro Markets has been guided by is working for the client’s benefit.
 
Publication date: 29 November 03:27 AM

FXTM: What Do Forex Traders and a Legendary Base Jumper Have in Common?

In all fields of human activity, a strong character separates the best from the rest. This holds especially true for sports and even financial markets, including Forex. Is even correct to compare those completely different fields of human activity? Do they have anything in common? Well, a strong character, strength of mind, and willpower are what we are looking for in this case. Those things are shared by both professional sportsmen and traders. Each victory is a huge step towards changing your destiny for the better.  And we are the only one responsible for that…

 

 
Publication date: 28 November 04:57 PM

Masterforex-V Club’s «PrivateFX №1» Portfolio Starts Recovering

When things go bad, even the smallest victory turns into a big one and gives hope. The same holds true for Masteforex-V Club investors who invested in the PrivateFX №1 portfolio and saw a big drawdown not so long ago. They are glad to see any positive changes in the situation. Well, the results of the past trading week reassure. Even though the portfolio will have to come a long way to recover from the drawdown, there are first positive signs indicating that the managing traders are on their way to make it happen. This is good news.

 

 
Publication date: 28 November 07:39 AM

FOREX: Brexit and UK’s Budget Policy Affect British Pound

The draft budget 2017, the first one after the Brexit referendum, is reported to have been introduced to the House of Common of the British Parliament. According to the UK Minister of Finance, the draft budget focuses on investments in infrastructure and innovative technologies, which is expected to back future economic growth and is expected to help the UK get ready for the Brexit.

 

 
Publication date: 28 November 05:50 AM

Drawdowns in PrivateFX's PAMM Accounts and How to Benefit from Them?

Can a trend exist without retracements and flat markets? No, it cannot. That’s obvious to any FX trader who have been trading currencies for a while.  The same holds true for managing traders. No trader can win 100% of the time, sometimes drawdowns happens, and this is an inseparable part of any trading. If that’s obvious, why are more and more investors criticizing PrivateFX’s PAMM?

Publication date: 24 November 06:31 PM

Alpari Gold and NP RTS Cooperate to Give Investors a Competitive Edge

For those of you who don't know, Alpari, which is one of the biggest Forex brokers in the world, launched a new service allowing people to invest in gold coins from around the globe. This happened in March 2016. Moreover, Alpari created a standalone brand for that purpose and named it Alpari Gold. The company allows anyone to buy gold coins from more than 40 mints around the globe. Previously, Market Leader wrote about Alpari Gold.

 

Publication date: 22 November 04:17 AM

Masterforex-V Club’s «PrivateFX №1» Portfolio. Former #1 Manager Loses Investors’ Trust

Anything can happen in this world! When it comes to trading, it’s strange how a pro trader can lose nearly half of the trading capital in 3 trading weeks. Most of the time, this kind of behavior is typical of rookies, but not professionals following sound money management. Still, this is what happened to Paramon, who used to be the leading trader in the PrivateFX №1 Portfolio. It’s his trading activity that resulted in major losses for Masterforex-V Club investors. Now it’s time to revise the investments….

 

 
Publication date: 15 November 07:03 AM

In October 2016, Top 5 Masterforex-V Traders Earned 2700 Points

According to the rules of Masterforex-V Club, the profit generated by managing traders is calculated in points rather than U.S. dollars or pretty much any other currency. The thing is that all the managing traders trade various trading lots, which further translates into various amounts of money.

 

 
Publication date: 10 November 12:35 PM

GBPUSD: Theresa May Doesn't Care About High Court’s Brexit Decision

Theresa May, who is the current Prime Minister of Great Britain, promised to initiate the Brexit decision despite the recent ban imposed by the High Court of London.

Publication date: 07 November 11:32 AM