Day: August 15, 2016

August 15
2016

Forex Brokers Update — August 15th, 2016

During the last week, one new broker has been added to the list on EarnForex.com: BDSwiss — a regulated Cypriot company with $200 minimum account size and 1:400 maximum leverage on Forex. The only trading platform offered is MetaTrader 4. BDSwiss Three listed companies have been updated during the week: Mayzus is now known as Liteforex (Europe). Despite the new name’s similarity to LiteForex, the trading conditions remain distinct. […]

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August 15
2016

The Most Popular Fundamental Indicator?

Unarguably, the most popular technical indicator in Forex trading is moving average. The fundamental factors influencing the currencies are far more varied than the perceived technical forces (momentum, support and resistance, pivots). Moreover, traders assign different degrees of importance to different factors. Some prefer employment indicators, others watch changes in commodity price indices. Below, I attempt to summarize the wide range of fundamental indicators, providing brief explanation and examples […]

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August 15
2016

Swiss Franc Mixed After PPI

The Swiss franc traded mixed, rising against the US dollar but falling versus the euro, following the release of Switzerland’s Producer Price Index. The PPI fell 0.1% in July. On one hand, the reading was worse compared to the rise at the same rate the month before. On the other, it was better than the predicted drop by 0.2%. USD/CHF dropped from 0.9745 to 0.9727 as of 15:01 GMT today. At the same time, EUR/CHF advanced from 1.0878 […]

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August 15
2016

Yen Mostly Lower as GDP Stagnates

The Japanese yen traded mostly below the opening level against most major currencies, though there were few exceptions. Economic data released from Japan today was mixed, but the most important GDP report was poor, weakening the currency. Japan’s gross domestic product showed no growth in the second quarter of this year, surprising economists who were expecting at least some increase. Meanwhile, industrial production […]

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