Day: May 17, 2014

May 17
2014

Second Week of Losses for Euro due to ECB Speculations

The euro, along with the Swiss franc (which is tied to the shared 18-nation currency due to the ceiling introduced by the Swiss National Bank), was the weakest major currency on the Forex market this week. Persisting speculations about monetary easing from the European Central Bank in June continued to erode the strength of the currency. The euro dropped last week after the ECB suggested a possibility of additional economic stimulus next month, and it was expected […]

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May 17
2014

Forex Technical Analysis for Week 05/19–05/23

Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.3512 1.3580 1.3638 1.3706 1.3765 1.3833 1.3891 GBP/USD 1.6562 1.6647 1.6732 1.6817 1.6903 1.6988 1.7074 USD/JPY 100.06 100.68 101.11 101.73 102.15 102.78 103.20 EUR/JPY 136.09 137.43 138.25 139.59 140.42 141.76 142.58 GBP/JPY 167.13 168.64 169.70 171.21 172.27 […]

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May 17
2014

Forex Brokers Update — May 17th, 2014

I present a rather big list of updates for your attention this week: FBS opens office in Vietnam. FxPro removed support for QIWI deposits and added FasaPay. GCI removed WebMoney and PayPal, but added Perfect Money as a payment method. FXDD stopped accepting PayPal, but now accepts Skrill. FIBOGroup added the following deposit methods: QIWI, FasaPay, OKPAY, DIXIPAY. Lowered minimum account size for NDD MT4 accounts to from […]

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