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Day: September 7, 2014
September 72014
Can Dollar Maintain Rally Over Next Week?
Summer has ended, and traders returned from vacations, meaning that trading activity should start picking up. The first trading week of autumn surprised market participants with two shocks: European Central Bank policy announcement and US employment data. What traders can expect from the second week? Let us look at the US dollar and its potential moves against other major currencies. The dollar demonstrated a huge […]
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September 72014
Forex Brokers Update — September 7th, 2014
No new companies this week, but some of the listed brokers have been updated: MasterForex now offers MT5 demo trading. Mayzus and FXOpen no longer offer MirrorTrader demo. Forex Club no longer accepts US customers. ETX Capital raises maximum leverage for currencies from 1:200 to 1:400. LQD Markets no longer offers cTrader demo and removed its Liquid Prime+ECN account type. IBFX […]
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September 72014
Euro Falls for Eight Week
The most important event this week turned out to be the monetary policy of the European Central Bank. Analysts expected it to be uneventful, but they were completely wrong. The resulting shock sent the euro down. While the currency managed to retain some of its gains versus the Great Britain pound by the weekend, it fell against most other major counterparts. It was euro’s eight week of losses versus the US […]
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