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Wednesday, 23 August 13:33 (GMT -05:00)



Foreign exchange market

Euro: Greece Still Cannot Do Without External Financial Support


The other day, Managing Director of the IMF Christine Lagarde made a report in Brussels. The key issues she touched upon included the prospects of the global economy and related things.
 

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.

 

According to the research conducted by the International Monetary Fund, the global economy is expected to grow by 3,4% in 2017 as opposed to 3,15 seen in 2016.
 

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As for the factors contributing to this growth, Lagarde says this may become possible thanks to higher manufacturing activity as well as the benefits related to higher commodity prices for low-income countries.
 

 

The good news is, after 6 years of inconsistent growth with ups and downs, the global economy is finally starting to get stronger in terms of its pace of growth.  The thing is, the cycle seems to be promising more jobs, higher income, and prosperity in the near future.
 
At the same time, the Managing Director thinks that Greece has chosen the right track to success. First of all, this is all about the reforms the Greek government has been trying to implement so far. Still, she says that while there seems to be some progress in this field, a 3rd tranche form the trinity of lenders (including the IMF) isn’t something the IMF is ready to discuss yet.
 
In case you don’t know, Greece is reported to be busy distributing the funds allocated by the European Stabilization Mechanism. This is 86 billion euros, to be more exact. Germany always insisted on the IMF participating in the 3rd tranche since the IMF thinks that restructuring the Greek debt by the international lenders is a must for getting more financial support from the IMF in order to ensure the long-term financial stability of Greece.
 
In the meantime, the SRP (AO_Zotik and WPR_VSmark) Department of Masterforex-V Academy reports that EURUSD is currently indicating an increase in the wave level of the current price movement represented by a retracement inside a bearish ABC momentum of level H4. If the main line breaks the О_Zotik support/resistance line, the price will likely build wave C, with new targets around 1.0470 and 1.0341, the experts say.

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Bitcoin Sets New All-time High, Experts Predict Market Crash

Bitcoin is reported to have set another all-time high. In particular, the exchange rate exceeded $4000 per 1BTC. At the same time, more and more experts start predicting another crash in the Bitcoin market.
 

 

For those of you who don’t know, since early August, Bitcoin has already gained 60%. Which is even more amazing, the world’s number-one cryptocurrency has quadrupled in value since early 2017.
Publication date: 21 August 02:19 AM

Dukascopy Bank on Bitcoin Future after Bitcoin Split

On August 1st, 2017, the entire world of cryptocurrencies changed. The thing is that from now on, there are 2 forks of the world’s first and most popular cryptocurrency, which also enjoys the biggest market capitalization among its peers. We are talking about Bitcoin (BTC) and Bitcoin Cash (BCC). The split was followed by increased market volatility for both currencies, which was mostly of technical nature caused by the circulation of Bitcoin Cash rather than the classic supply and demand, experts say.

Publication date: 15 August 09:11 AM

Masterforex-V VIP Traders’ Performance. July 2017

The unbeatable FX strategies mentioned in a brand new book on the secrets of Forex investing by Masterforex-V keep on making both traders and investors richer. By the way, the yield in this case is way bigger than the one you can get by investing in bank deposits or any related low-income investments. The very essence of this kind of investing makes it possible to avoid poor and hasty decisions, thereby leveraging the entire process. By the way, VIP accounts have been among the top 10 accounts available for auto-copying at pro-rebate.com.

Publication date: 09 August 05:33 AM

UK Ready to Pay 40 Billion Euro for Brexit

The international expert community along with mass media keep on trying to evaluate the cost of the Brexit for the United Kingdom. The most popular version is that quitting the European Union will cost Great Britain around 40 billion euros. In particular, this idea is advocated by Deutsche Welle.

 

 
At the same time, The Sunday Telegraph claims that the specifics of the financial compensation to Brussels will become the catalyst for the Brexit talks. While referring to the high-ranking sources in the British government, The Sunday Telegraph reports that the government is ready to pay the EU up to 36 billion pounds, which is around 40 billion euros. This is the sum is intended to cover the UK’s financial liabilities to Brussels.
Publication date: 08 August 09:29 AM

Masterforex-V Expo Names World’s Best Brokers for Beginners in July 2017

Along with required knowledge and skills, the broker makes up the lion’s share of the trader’s success in the Forex market. That’s why choosing the right broker right off the bat is so important.

 

At the same time, most of the traders joining Forex to start making money often lack the required experience to make the right choice. On top of that, most of them are convinced that all the brokers are the same, which is why they ignore the significance of making the right choice and make this choice randomly.
Publication date: 08 August 03:54 AM

Bitcoin Exceeds $3300 Threshold

Bitcoin, which is the world’s first and most popular crypto-currency, started another strong rally a few days after it was split into 2 versions. According to Coindesk, the classic version of Bitcoin exceeded the $3300 threshold and set another all-time high at $3319. The thing is that the market capitalization of Bitcoin has been growing continuously ever since the mentioned split.

 

 
Publication date: 06 August 11:48 AM

Continuous Rally Shown By Crypto Currencies As Investment Opportunities

The phenomenal growth seen in crypto currency markets has become one of the leading tendencies of the year. Some of the crypto currencies have seen their value grow by 100%, 200% and even more. As for Bitcoin, which is the world’s first and most popular crypto currency, back in January 2017, it cost $1000 while in early July it cost over $2600.

Publication date: 29 July 01:00 AM

Alpari Increases Trading Turnover Up To $600,9 Billion In 6 Months

The international FX industry has recently been involved in a number of scandals. Against this background, we can only name a few companies with positive dynamics, efficient market products, and major license.

Publication date: 27 July 01:18 AM

Another Bitcoin Fraud Is Caught

Crypto currencies are controversial. On the on hand they give investors a decent investment opportunity. On the other hand, the may be way too risky. Often times, those are both market and even non-market risks, including fraud.

 

 
In some of the previous articles, we recommended you to start with a sound financial strategy and risk management before you invest even a penny in crypto currencies. We are not trying to say that those are bad investments. They can make you money if you really know what you are doing. However, you should be really careful about it since the advantages of decentralized and anonymous currencies may turn into disadvantages and loses for your wallet.
Publication date: 23 July 12:25 PM

Will European Parliament Help IronFX Victims?

Europe’s leading financial regulators have recently been founding them involved in various scandals. TheFinancial Conduct Authority (FCA) from the UK and the CySEC from Cyprus are some of them. The truth is, while those companies claim that they defend the customer’ rights, in reality they often take the broker’s side even though the broker may be playing dirty tricks on the customer.
Publication date: 20 July 03:19 AM