Day: March 27, 2018

March 27
2018

New VPS Service for Non-European Brokers

Cheap Forex VPS services seem to be dominating the scene recently. I am not sure whether it is a good idea to trust your accounts, trading platforms, and custom expert advisors into the hands of the companies practicing extremely budget pricing, but regardless of what I think, they appear to be the main trend among VPS solutions nowadays. NeoServer, with the minimum price for the Windows VPS capable of running several MetaTrader […]

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March 27
2018

EUR/USD Falls as Dollar Sell-Off Halts

EUR/USD fell today as the dollar was rebounding after the previous sell-off. Market analysts named several possible reasons for the rebound. One of them was subsiding fears of trade wars between China and the United States as the two countries were negotiating about a trade agreement. The other were month-end flows as investors were converting their earnings into the US currency. S&P/Case-Shiller home price index rose 6.4% in January, year-on-year. That […]

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March 27
2018

Euro Declines on Dovish ECB Comments amid US Dollar Rebound

The euro today declined significantly against the US dollar following dovish comments from a member of the European Central Bank‘s Governing Council. The euro’s decline was further accelerated by the greenback’s recovery following a significant decline in Monday’s trading session. The EUR/USD currency pair had lost over 80 points to decline from a high of 1.2477 to trade at a low of 1.2391 at the time of writing. The dovish comments from ECB Governing Council member Erkki […]

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March 27
2018

Japanese Yen Falls as Market Sentiment Improves, Pares Losses Later

The Japanese yen fell against its rivals intraday as the market sentiment was improving. While the currency retained its losses versus the US dollar, the yen has managed to erase the drop against most other peers by now. As for Japan’s macroeconomic data, it was somewhat mixed today. The Bank of Japan core Consumer Price Index rose 0.8% in February from a year ago, the same as in January, while analysts had expected […]

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