
The foreign exchange market forex, FX, or currency market is a form of exchange for the global decentralized trading of international currencies. Financial centers around the world function as anchors of trading between a wide range of different types of buyers and sellers around the clock, with the exception of weekends. The foreign exchange market determines the relative values of different currencies.
Friday, January 11, 2013
Forex Automoney
Profiting in Forex trading is what everybody's dreaming of but unfortunately it's tough to do so in a consistent way...........
Until today! Now there's a unique opportunity to achieve Forex Results without going through worthless and costly trading seminars, without buying expensive software, without having to wade through tons of books and charts.
Each day of the month, every month of the year, traders can earn hundreds of dollars completely automatically!
Forex Automoney have released their unbeatable trading system based on generated buy/sell signals: => http://mqwewrty.fxautomny.hop.clickbank.net/
How does it work?
It's amazingly simple. Just click simple buy/sell buttons whenever we tell you. You can do so when you like and as frequently as you prefer: a couple of minutes once a week? No problem!
Be sure to take this opportunity right now because the interest is high and prices are likely to go up soon.
=> http://mqwewrty.fxautomny.hop.clickbank.net/
Saturday, December 15, 2012
Forex-Daily Review: Watch SPMIB für Gewinne vor den offiziellen Bericht der Troika
The draft report suggests troika that Greece will receive a 2-year extension of its fiscal policy objectives. This means that Greece now 120% debt ratio in 2022 instead of to reach by 2020. It is expected that Greece additional €17.6 billion cost.
After troika, Greek GDP contract is of 6.0% in the year 2012 and 4.3% in 2013. But in 2014 growth of + 0.6% to wait and + 2.9% in 2015. What could not be seen, as the most important bear trigger on the global markets, if the official report of the troika will be released on Saturday (November 17) the privatization program which was classified as "disappointing".
Luxembourg Prime Minister Jean-Claude Juncker confirmed the heads of the eurozone finance ministers group, that a meeting on Greece with another meeting of the Eurogroup take place on November 26 on 20 November will be held. In today's meeting a further Summit can be confirmed November van Rompuy EU on 22-23. The market is always tired virtually no concrete decisions of State and heads of Government, therefore the strong weakness in the European indexes of these endless meetings of the euro-zone.
Today's attention are the group which will discuss legislation-2 k, part of the tax treaty of the compact on the EcoFin meeting. The legislation-2 k includes the assessment of budgets under the excessive deficit procedure and a draft budget monitoring on euro-zone countries, which can be financially unstable.
Despite the financial noise of the SPMIB (index performance for the FTSE MIB index (Milano Italia Borsa) is ready for some strong growth on the hourly charts.)
Immediate danger to reverse head of SKS (H & S) where 14.984 is expected, the downside of the European index of consumer prices to limit. Profits are expected to be seen in direction of 15.227 (38.2% Fibonacci), then 15.378 (50% Fibonacci).
The bullish Outlook for SPMIB remains valid as long as the price above 14.910 remains.
Italian prosecutors have filed, charges against the former President of standard & poor's (S & P) and the other six official credit rating agencies for the demotion of Italy, which destabilized the country and the European debt crisis deepened.
Forex daily review: Noda dissolves the House of Commons and prepares for elections, USD/JPY higher spikes
Shinzo Abe said on Thursday that the BOJ unlimited easing measures to reach an inflation target of 2% - 3% to Japan deflation pull out should allow. As the latest polls prefer him, win the snap elections, the market fears that the BOJ now employ aggressive easing measures and dumped the yen against a basket of currencies. USD/JPY gained + 1.98% (157 PIPs) as we head into the European session.
The ruling Democratic Party of Japan (DPJ) agreed to head snap elections on December 16 with campaigns that begin on December 4.
Recent gains in dollar-Yen-fit perfectly mean long term technical analysis for the couple on July 19, 2012.
The rating agency Fitch revised the Outlook for Ireland on negative, confirm the rating of BBB + stable. Although it seems that the bullish assessment action can add mood on global markets is a bold reminder of Moody's investors service to Britain.
Moody's credit risk annual report according to possibly Britain's AAA rating due to weak economic data and risk the European debt crisis. Moody's wrote, that they will change the 2013 British AAA rating and Outlook in the first few months. Today's retail sales will be given by global investors extra attention data at 09: 30 GMT, as a further deficit should be accompanied with the heavy sales of GBP against major currencies.
For the US meeting, State Manufacturing can claims of unemployment and the Empire index is distorted at 13: 30 GMT due to Hurricane Sandy. Power outages and damaged factories can contribute to a moderate decline in the manufacturing sector, which can stress the SP500 today's trading session.
Yesterday's Federal open market Committee (FOMC) statement revealed that members want more quantitative easing (QE) continue a series of fed, when the current operation twist ends in December. I expect continued moderate gains in gold as a result that suits my technical analysis for the precious metal on November 9.
China is considering securities regulatory Commission (CSRC), a short sale system extend, absorb funds from various institutions before you allow loans to their customers on short selling brokerages. The new system can be started before the end of this year. As more funds for shorting purposes available, this could very well intensify bearish market sentiment on global markets.
XI Jinping was elected General Secretary of the Communist Party of China and the next President of China be replaced likely to Hu Jintao. Li Keqiang, now expected to end March 2013 will be the new Prime Minister.
Forex daily review: Gold round massive strikes in Europe even more optimistic
Euro-dollar is on hold its hard-earned gains at the time of writing this article in spite of the recent reports in the German newspaper Handelsblatt, preparing to leave the IMF the Greek aid programme. For the present session be the yesterday's rattle through making Spain an imminent bailout request is, after Spain. Decent buying Italian bonds 10 years was known by domestic accounts and 10-year Spanish bond by us funds.
Forex traders will focus on Spanish yield curve as a clear indication whether Spain has actually asked for a bailout. If the curve steepens quickly it should be through the activation of the OMT (monetary purchases) programme, which is probably only occur in a scenario that Spain the EU financial support asked.
The German auction results are at 10: 30 pm GMT, minutes after the Italian BTP auction.
The BOE inflation report at 10: 30 am GMT will attract attention of the Forex trader. Traders looking for clues to a possible extension of the Central Bank quantitative easing (QE) program.
Forex daily review: France says au revoir AAA rating
This unexpected downgrade means that more downgrades some more countries in the future are subject to. This is another indication, the current global rescission is not over yet and the global economic state is not positive and will not soon be resolved.
EU Finance Ministers meet in Brussels this week on Thursday to discuss Greek bailout aid amounting to $56 billion, due to the differences between delay has the International Monetary Fund and the European Union.
We expect a negative momentum in the European markets and in the EUR/USD in particular within the next few days until the meetings in Brussels at the end and decisions be made.
Forex daily review: Yen continues to drop
US consumer confidence report comes today at 10: 00 EST, which could offer a pop in the dollar, if the actual number of beats estimates by 73.1. However, the previous reading was been 72.2, with the uncertainty of the elections on an uptick in the numerous polls show U.S. consumer confidence. A combination of low unemployment, an improvement in the housing market and an easing of banking services all are to help the return of optimism in the U.S. consumer. Reading was last months 72.2 0.8 points lower than the consensus, but the greenback expected, only lost 21 pips on the post report. Given the recent consumer reports in the United States the positive mood is not surprising, if consumer confidence report to the U.S. lift.
With Euro Guide finally consent to the € unlock 43.7 billion Greek help, accept Spain agree, as well as help and uncertainty (partly) removed from the euro-zone image, we can expect some strength again on the euro. In fact, it has already strengthened against the yen in Asian trade. The good news has strengthened also exchanges in the entire Asian region and similar head is designed for the United States and Europe a possible exception to the strength of the euro is EUR/USD cross, which could take a dive if U.S. consumer confidence coming in stronger than expected.
Compared to the news of the appointment of Bank of Canada Governor Mark Carney as the next head of the Bank of England has losses versus the EUR and USD. In Asian trading, the GBP against the JPY higher also is. Canadian dollar, pound dealers traders were pleased with the announcement, the Loonie, sold brings uncertainty about Mr. Carney spare some Skittishness on the CAD market.
Talks of easing by BoJ Members earlier this week a Greek package agreed and the appointment of Bank of Canada Governor Mark Carney as the next head of the Bank of England help have to send all, the yen against all major currencies in Asian trading with low serves. Although the stock market lower today opened in Tokyo, the Greek aid sent messages back into positive territory along with most other Asian markets. The MSCI Asia-Pacific is led by a rise of Korean stocks in three weeks, now 1 percent to the highest level. The opening of Europe should send, that the yen still lower against European currencies and a positive assessment of the U.S. consumer confidence in the U.S. market to do the same.