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Day: November 29, 2017
November 292017
UK-Based Forex VPS with Interesting Offers
MyForexVPS is a rather old (by the industry measure) Virtual Private Server provider operating from the United Kingdom. Its cheapest Windows Server 2012 plan may seem rather expensive at £7.99 per week, but the good thing about this VPS is that they offer a special Autobroker plan for just £2.40 per week. In this plan, you get a platform connected to a broker of your choice hosted on a Windows […]
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November 292017
EUR/USD Halts Decline Despite Fundamentals
EUR/USD halted its decline, rising today, even though fundamentals were supportive to the dollar. The US economic growth in the third quarter got a positive revision. Janet Yellen sounded rather optimistic during her last testimony as Federal Reserve Chairperson. (Event B on the chart.) US GDP rose at the annual rate of 3.3% in Q3 2017 according to the preliminary estimate, an upward revision from the advance figure of 3.0%. It was completely […]
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November 292017
Euro Drops Further Against US Dollar on US GDP Report
The euro today dropped to new lows against the US dollar after the release of positive US GDP data for Q3 2017 in the early American session. The EUR/USD currency pair was on a downtrend after the release of German CPI data in the mid-European session among other Eurozone releases. The EUR/USD currency pair declined by over 65 points from its daily high of 1.1883 to hit a low of 1.1816 before retracing some of its losses. […]
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