Forex and others markets: 2011

GBPUSD and EURUSD: Mid-Term Trend Still Bearish

As it was informed by "Market Leader (US)"

GBPUSD and EURUSD: Mid-Term Trend Still Bearish

According to the experts of Masterforex-V Academy, the ECB will probably toughen its money-and-credit policy or will ease the lending conditions amid hope that Europe’s austerity measures will help it to come out of the crisis, thus contributing to the recovery of the common European currency.

S&P500: panic is over – market is positive

As it was informed by "Market Leader (US)"

S&P500: panic is over – market is positive

Exchange news, S&P500. Market overview and current week (Monday, December 26) forecast from the Department of Masterforex-V Trading System .

GBPUSD: weekly volatility outlook. Dec 26th -30th 2011

As it was informed by "Market Leader (US)"

GBPUSD: weekly volatility outlook. Dec 26th -30th 2011

The situation in Europe is improving, partially due to the efficient steps taken by the new Spanish government. Moreover, last week there were a lot of positive stats in including CBI’s retail sales and Nationwide’s consumer confidence.

New amendments to the budget are not a reaction to the strengthening of yen rate

As it was informed by "Market Leader (US)"

New amendments to the budget are not a reaction to the strengthening of yen rate

Forex news, yen rate. Japanese Cabinet of Ministers has adopted the fourth set of amendments to this year’s state budget. By these amendments the government has increased expenditures by ¥2.53 trn.

Japanese farmers and car manufacturers are going to be supported mostly by additional means.

Has dollar started falling in relation to Euro, pound, Swiss franc?

As it was informed by "Market Leader (US)"

Has dollar started falling in relation to Euro, pound, Swiss franc?

Forex news, dollar rate. As informed by Masterforex-V Academy to the “Market Leader”, starting from Thursday, December 15, 2011, forex market demonstrates rapid weakening of US dollar index, consequently, decline of dollar in relation to all national currencies worldwide (Euro, pound, Swiss franc, etc.).

Eurozone: busy French weekend

As it was informed by "Market Leader (US)"

Eurozone: busy French weekend

The security service of French airports went on strike during the weekend, thus demanding higher salaries and better working conditions. All in all, there were 10.000 strikers.

Moreover, the President of Turkey Recep Erdogan urged the President of France Nicolas Sarkozy to block the approval of the bill connected with the responsibility of denying the genocide of Armenians in 1915-1916. He said Turkey and France shouldn’t sacrifice their bilateral relations in favor of a third party:
“This proposed law targets and is hostile to the Republic of Turkey, the Turkish nation and the Turkish community living in France… I want to state clearly that such steps will have grave consequences for future relations between Turkey and France in political, economic, cultural and all areas and the responsibility will rest with those behind this initiative…”

Gold and Silver: Prospects for 2012

As it was informed by "Market Leader (US)"

Gold and Silver: Prospects for 2012

In advance of New Year numerous analysts are trying to look into the near future. UBS thinks that the Swiss Franc and gold will lose their status of “safe haven” assets in 2012, unlike the US Dollar, US and Japanese T-bonds. The reasons include rather volatile gold and the SNB’s currency intervention. The volatility of gold has reached its highest level since 2009.Other banks are reducing the share of gold in their investment portfolios. In particular, HSBC have reduced its investments in gold from 15% down to 6% of the capital.

GBPUSD: Destiny of Pound Is Uncertain

As it was informed by "Market Leader (US)"

GBPUSD: Destiny of Pound Is Uncertain

Scotland seems to be about to abandon the 300-year political union with England, Wales and Northern Ireland. That is what Alex Salmond, Leader of the Scottish National Party, said during his latest speech.

Masterforex-V Academy: World’s Best Broker Awards 2011

As it was informed by "Market Leader (US)"

Masterforex-V Academy: World’s Best Broker Awards 2011

Any Forex trader would like to work with the best broker he or she can find. Probably, the notion of an ideal broker implies numerous factors, including experience, licenses given by international regulators, prestigious awards, low spreads and commissions, fast money withdrawals, endless bonuses and promotions, no slippage, no hardware or software errors, no non-market quotes, no negative feedback from clients, professional support and other factors.

Goldman Sachs: Global Resession Is Coming

As it was informed by "Market Leader (US)"

Goldman Sachs: Global Resession Is Coming

In early December the financial experts of Goldman Sachs published their global economic outlook for the next 2 years. The forecast says the economic situation in Russia will be stable mostly on favorable oil prices (Urals –$100.b).

What awaits the world in 2012-2013? What should investors pay attention to? Let’s find it out:

Gold and silver: investors anticipate higher prices on precious metals

As it was informed by "Market Leader (US)"

Gold and silver: investors anticipate higher prices on precious metals

Italy is holding its 5-year bond auction as markets are expecting the bond yield to exceed 6%. This auction will show what Italy will face next year. In early 2012 Italy will need 44B euro to partially restructure its debt. Germany’s stance keeps dominating in Europe: tougher budget discipline and no extra power for the ECB when it comes to stimulating the eurozone economy. Germany also denies discussing the expansion of the EFSF (500B euro).

Russian-Pakistani Blockade Of USA: Reality Or Empty Threats?

As it was informed by "Market Leader (US)"

Russian-Pakistani Blockade Of USA: Reality Or Empty Threats?

The relations between Russia and the US have recently deteriorated. They haven’t been so tense since the USSR times.

Some analysts start anticipating a new cold war, saying there are many reasons for that, including the anti-missile defense issue. Washington wants to deploy its anti-missile shield in some countries of Eastern Europe despite Moscow’s objections. In their turn, the Russian authorities are going to deploy their own “Iskander” missile systems in Kaliningrad region.

Russian and American mass media only add fuel to the fire by scaring people and searching endless sensations. One of the recent “bombs” that has exploded in the battlefield of this info war is the news that the Kremlin may deny the transportation of US military cargos through the Russian territory. If Pakistan does the same, the NATO coalition in Afghanistan will face multiple problems, including supply problems.

GBPUSD: weekly volatility outlook. Dec 12th-16th 2011

As it was informed by "Market Leader (US)"

GBPUSD: weekly volatility outlook. Dec 12th-16th 2011

Forex news, Euro rate. As expected, Euro has dropped in value during Monday trading in Asia. Coming closer to the end of the year, the fight continues after the European Union agreement about deeper economic integration.

Except for Great Britain, the summit participants have decided to introduce stricter budget rules for common currency and to allocate up to 200 bln. Euro of bilateral loans from International Monetary Fund in order to fight crisis.

Tips For Investors: US Dollar Prospects For 2012

As it was informed by "Market Leader (US)"

Tips For Investors: US Dollar Prospects For 2012

Everyone in the world is now concerned about the destiny of the US Dollar. No wonder, if to consider the fact that this is the world’s major reserve currency. In addition to determining the exchange rate of other national currencies (EUR, CNY, CAD, RUR etc.) it influences the value of everything, including gold, foodstuffs, oil, stocks, commodities, housing prices etc.

In August 2011 the analysts of the world’s leading mass media (The Guardian, The Financial Times, The New York Times, Forbes etc.) buried the US economy and national currency to make people around the world buy Euro , the 2^nd global currency.

Since October 2011 they have been anticipating the collapse of the eurozone and its common currency, thus making people switch back to the US Dollar by selling the common currency.

EU Summit: Does Euro Have Chances To Survive?

As it was informed by "Market Leader (US)"

EU Summit: Does Euro Have Chances To Survive?

The anti-crisis EU summit in Brussels is going on. The final resolution hasn’t been worked out yet. However yesterday’s session suggested a pessimistic scenario for the future of the eurozone and its currency.

Unity is the main power that could support the eurozone. This is the idea that most politicians expressed in advance of the summit. However, there has been no unity so far. Nicolas Sarkozy called the current summit “the last chance to save Euro”.

The experts of Masterforex-V Academy have analyzed the situation to find out whether the situation in Europe is really that bad.

What are the EU’s problems?

EURUSD: Germany’s Industrial Growth Cannot Save Euro

As reported by «Market Leader» (US)

EURUSD: Germany’s Industrial Growth Cannot Save Euro

The German economy seems to have resumed its growth. October’s industrial growth in Germany was equal to +0.8 y/y against September’s 2,8%decline.

The stats came out much better than expected (+0,8 against +0.3).

How did the positive stats influence the common European currency exchange rate?

Apple breaks Europe’s antimonopoly law

As reported by «Market Leader» (US)

Apple breaks Europe’s antimonopoly law

According to the New York Times, the Euro Commission started an investigation against numerous international publishers, including Penguin (UK), Verlagsgruppe Georg von Holzbrinck (the owner of Macmillan, Germany), Hachette Livre (France), Simon & Schuster (US) and Harper Collins (US), suspecting them of collusion with Apple.

Gold and silver: precious metals depreciate

As it was informed by "Market Leader (US)"

Gold and silver: precious metals depreciate

Yesterday, after Angela Merkel and Nicolas Sarkozy announced a new plan of coming out of the crisis, Standard and Poor’s warned that it was ready to cut the ratings of all the 17 eurozone members, including Germany and France. It means the eurozone’s 2 largest economies may lose their highest (AAA) rating within the next 90 days.

Autumn from the Investors' Perspective: "...cheerless time..."

As it was informed by "Market Leader (US)"

Autumn from the Investors' Perspective: "...cheerless time..."

Canadian scientists made an unexpected finding - financial downturns that occur in autumn in global trading floors are caused... by shorter daylight hours which provoke autumn depression.

In her article 'This is Your Portfolio on Winter', Prof. L. Kramer writes that most people affected by seasonal mood fluctuation prefer to be financially active in spring and summer months and minimize their risks in autumn and winter.

Mrs. Kramer puts forward a proprietary hypothesis that dependence of a psychological and emotional condition on the time of the year is quite a powerful factor that affects the condition of global markets.

Global market of smartphones: frontrunners and outsiders

As it was informed by "Market Leader (US)"

Global market of smartphones: frontrunners and outsiders

Now we can definitely say that smartphones have revolutionized the global market of mobile devices as well as our lives. They give us an opportunity to lead a mobile live, staying online wherever we are.

Apart from making phone calls and sending SMSs, now people have an opportunity to browse the web, play hi-quality games, enjoy a wide range of various apps for different purposes like business, sports, health etc.

What interest can the global market of smartphones present to investors? What companies are the frontrunners and outsiders of this market?

For Investors: Chinese go crazy over PS Vita

As it was informed by "Market Leader (US)"

For Investors: Chinese go crazy over PS Vita

It is not a secret that innovation products, including various revolutionary gadgets and devices, become very popular long before their actual release. Developers purposefully arrange presentations of such anticipated products and start advertising campaigns, including TV commercials. As a result, they get long lines of potential consumers waiting for hours for their turn to purchase the log-awaited gadget.

For investors: Uncharted 3 Drake’s Deception amazes its fans 3rd time in a row

As it was informed by "Market Leader (US)"

For investors: Uncharted 3 Drake’s Deception amazes its fans 3rd time in a row

Investment news, games. Uncharted 3: Drake’s Deception from American studio Naughty Dog finally entered stores on November 01, 2011. This has become a real holiday for millions of fans worldwide.

The game is made exclusively for PlayStation 3 console by Sony Computer Entertainment. The 3^rd part became the continuation of the games Uncharted: Drake’s Fortune and Uncharted 2: Among Thieves, which had been previously released by the studio and already gained much popularity not only among players but also among game media.

Why Naughty Dog is the most expected and desired game console project?

Dollar rate is waiting for another stage of QE

As it was informed by "Market Leader (US)"

Dollar rate is waiting for another stage of QE

Forex news, dollar rate. US Federal Reserve System is ready to buy mortgage bonds in order to stimulate economy. 16 out of 21 dealers questioned by Bloomberg suppose that the QE program will start already during the 1^st quarter of 2012, and its size will amount to $545 bln.

Residential property market keeps having a negative impact on the development of American economy. The average cost of residential property at secondary market has dropped by 5% in comparison to last year.

SP 500: market decline - for how long?

As it was informed by "Market Leader (US)"

SP 500: market decline - for how long?

Stock exchange news, S&P 500. Market overview and current week forecast (Monday, November 28), issued by MF Academy Department of Trading System.

Nouriel Roubini names variants of possible eurozone collapse

As it was informed by "Market Leader (US)"

Nouriel Roubini names variants of possible eurozone collapse

Nouriel Roubini, an American economist and a Nobel Prize winner in economics, became world-famous after forecasting the latest global economic crisis. His opinion is respected around the world. In his recent article published in The Financial Times Mr. Roubini says the eurozone may collapse.

Actually, this is not the first time Roubini warned the world of the forthcoming fate of the eurozone and its common currency. The American economist assumes that the current political and economic situation in Italy confirms his expectations. According to him, Italy will most likely have to return to the Italian Lira - its previous national currency - in order to curb the escalating debt crisis. Once Italy leaves the currency union, it will most likely result in a collapse of the entire eurozone.

Moody’s and S&P leave US rating forecast unchanged

As it was informed by "Market Leader (US)"

Moody’s and S&P leave US rating forecast unchanged

Standard & Poor's and Moody's Investors Servicе have recently reported that they are not going to reconsider the US credit rating. However, the forecasts are different: S&P – АА+ with a «negative» forecast, Moody's – ААА (the highest possible). Fitch is planning to announce its decision on the USA’s rating at the end of November.

Analysts expect Fitch Ratings to leave the rating unchanged but to change the forecast from “stable” to “negative”. On the one hand, no rating change will reassure investors but on the other hand, the rater may downgrade both the forecast and the rating itself at any moment within the next 2 years.

Quality of dealing: which brokers have the highest and the lowest rating?

As it was informed by "Market Leader (US)"

Quality of dealing: which brokers have the highest and the lowest rating?

News of forex rating of brokers. The quality of dealing is one of the main criteria for the assessment of any forex broker.

No trader would like the chosen broker to enable closing transactions (evidently making a profit, but not a loss), apply regular gapping even when the market is rather calm (due to which Euro/dollar spread will rise from 2 points to 15-20 points), regularly bring non-market quotations into its trading terminal in order to knock down stops, holds back (or even annuls by some invented or flimsy pretext) the earned profit, DC technical support and client’s department are rude to and offend their clients-traders, etc.

EURUSD: US “Super Committee” Fails

As it was informed by "Market Leader (US)"

EURUSD: US “Super Committee” Fails

The 2-party parliamentary commission failed to agree on the austerity plan aimed at reducing the US budget deficit by $1.2 trillion within 10 years. As a result, Fitch Ratings instantly reacted to the event, saying that the Super Committee’s inability to agree on the deficit reduction plan may well result in a “negative” forecast, which suggests that the USA’s rating may be cut with a 50% probability within the next 2 years.

EURUSD: Credit Suisse Feels Pessimistic About EU Prospects

As it was informed by "Market Leader (US)"

EURUSD: Credit Suisse Feels Pessimistic About EU Prospects

The Fixed Income Research team of Credit Suisse is sure that "we seem to have entered the last days of the euro… The fate of the euro is about to be decided…

Greece is asking for…money

As it was informed by "Market Leader (US)"

Greece is asking for…money

Forex news. Today Greek Prime Minister Lucas Papandemos, for the first time in his new position, is visiting Brussels in order to have a planned meeting with the President of the European Commission Jose Manuel Barroso and the President of the European Council Herman Van Rompuy.
In several weeks Greece will face default, whereas so much needed and already allocated 8-billion tranche of financial support remains blocked from the moment when former Premier Georgios Papandreou decided to share the responsibility for taking major decisions by holding a referendum.
Lucas Papandemos is to solve the problems of bringing back financial support and receiving new tranches. In addition, he is supposed to hold negotiations on the debt remission procedure stipulated by October agreement. Therefore, he is not going to waste his time and will come to Luxembourg tomorrow in order to meet the President of Eurogroup Jean-Claude Juncker.

Investors Anticipate Higher Gold Prices

As it was informed by "Market Leader (US)"

Investors Anticipate Higher Gold Prices

American legislators have failed to agree on the budget-deficit-reduction plan. After two months of working on the plan the “Super Committee” of the US Congress had to admit that the interparty disputes hadn’t allowed them to work out an efficient deficit reduction plan. It means that another plan will automatically take effect. According to it, the US budget spending will be cut by $1,2 trillion. For big-scale investors it also suggests uncertainty concerning taxation and spending for the next 12 months until the next elections.

Gold and silver market: investors expect lower prices

As it was informed by "Market Leader (US)"

Gold and silver market: investors expect lower prices

Yesterday S&P 500 lost more than 1.5% of its value. According to NYSE brokers, the downswing was initiated by the orders placed by trading computers. Of course, the computers played a purely technical role but investor’s fears of the eurozone crisis and US recession contributed to the sellout as well.

What Supports US Dollar?

As reported by «Market Leader» (US)

What Supports US Dollar?

In Sep 2011 foreign investors spent $84,5B on US bonds, which is $24.4B more than it was spent in August. September’s long-term asset purchases are equal to $68,6B.

Stocks Decline Amid Eurozone Crisis

As reported by «Market Leader» (US)

Stocks Decline Amid Eurozone Crisis

The eurozone crisis and higher commodity prices have had a more considerable impact on stock markets than industrial growth. On Wednesday US stocks declined, thus showing mass sales at the end of the day.

Euro rate: crisis continues

As it was informed by "Market Leader (US)"

Euro rate: crisis continues

Forex news, Euro rate. Real sector presents interesting data about economic condition of Eurozone. In the countries of the EU the sales of cars dropped by 1.8% in October 2011, in comparison to October 2010.

Germany and France have sold 0.4% more cars during January-October 2011. However, during the equal period this number has dropped by 4.5% in Britain and by 10.8% in Italy. All this proves that real sector in problematic countries has already felt the crisis.

Forex: Scalping - Gambling or Science?

As it was informed by "Market Leader (US)"

Forex: Scalping - Gambling or Science?

Most successful traders make their winning trades basing on solid knowledge and skills, using both technical and fundamental analysis. Those professionals know when to buy and sell. They are not in a hurry to open a trade. They always take a “timeout” to make a comprehensive analysis of the situation and to evaluate the chances.

However, there is another way to trade Forex and other liquid markets. It is more tempting for beginners and those who want big and fast profits. They like adrenaline. Such traders chose scalping. What is so attractive about it?

Scalping: The essence

“Le Monde”: modern European Union reminds collapse of the USSR

As it was informed by "Market Leader (US)"

“Le Monde”: modern European Union reminds collapse of the USSR

Investment news, European Union. Due to numerous problems inside European Union (Greek debt problems, similar situation in Italy), pessimistic predictions about its future have started appearing more frequently. Moreover, there have recently appeared already panic comments about sad perspectives of “common European home”.

All experts are speaking straight out about a soon collapse of European Union. In this regard they recall another relatively recently deceased Union – Soviet. One of these days French newspaper “Le Monde” has published a very interesting article of Francois Heisbourg, with a very tell-tale headline “Will Europe repeat the history of the USSR?”

How to Start Your Own Business in Forex?

As reported by «Market Leader» (US)

How to Start Your Own Business in Forex?

Millions dream of starting their own business. However, statistically there are only 6% entrepreneurs in the world. Just think a little - where does this huge gap come from? There is a host of reasons for most people who want to launch a business project why they shouldn't: the risk of losing everything, lack of stability coupled with rather vague prospects, unwillingness to take responsibility for their own career. The main obstacle on a path to financial freedom and independence, however, is lack of large startup capital that is sure to solve all problems. To be more accurate, it was until recently. It is the 21st century, digital communications and the internet change our life, communication, business environment literally in no time. You don't need to have a lot of money to start a project - just make sure you have a computer with internet access. And don't miss your chance.

Italy: new Premier appointed

As reported by «Market Leader» (US)

Italy: new Premier appointed

Forex news

On Sunday evening at least three significant events happened in Italy. They have concluded the recent political unrest in the country.
* Translation of Silvio Berlusconi’s speech from Palazzo Chigi. “Italy is the country I love, my roots are here, my hopes, and my future. ... I am resigning on my own, and it has to be so. The new Premier is good for us, and we will vote for him,” these were the exact words of the former Premier when President Giorgio Napolitano had not yet announced the decision.

For investors: which car companies have most expensive shares?

As it was informed by "Market Leader (US)"

For investors: which car companies have most expensive shares?

Investment news, USA. Competition between brands has become commonplace. Rating agencies earn good money by finding out “who is the best”, whereas those who manage to enter such lists are very proud of it and do their best to get higher.

In market economy freedom of choice is to be supported not only by profit expectation but also by reliable partners. Personal evaluation it is not always enough to be certain of the latter and take right decisions, and one has to address to independent experts. In the modern world these experts are frequently represented by rating agencies, or to be more exact, their rating systems.

Interbrand company, which was founded in 1974 and currently is the largest brand consulting agency, has recently issued a report about the most expensive car companies as of 2011. This information is rather useful for investors that want to maintain and add up to their savings by means of stock market.

Most expensive car companies in the world

Two countries, one scenario

As it was informed by "Market Leader (US)"

Two countries, one scenario

Forex news

Yesterday was another day of the meeting of Greek president Karolos Papoulias with leaving the post of Prime Minister Georgios Papandreou and opposition leader Antonis Samaras. No result has been reached as a result of negotiations, and the creation of the new Cabinet has not been officially announced. The country, however, cannot life without government, and, according to Greek official media, the new meeting of old members will start today at 10 o’clock local time.

Euro rate. Expectation favours stabilization…

As it was informed by "Market Leader (US)"

Euro rate. Expectation favours stabilization…

Forex news. The meeting between the country’s opposition leader, President, and Premier was held in Greece. As a resulted of the meeting, an agreement to create new government was reached with the leader of New Democratic Party Antonis Samaras. On November 7 the discussion will continue in order to decide on the head of future Cabinet. The current Premier G.Papandreou is reported to have refused to become the leader of the new executive body.

What will happen to dollar during the period of incentive policies?

As reported by «Market Leader» (US)

What will happen to dollar during the period of incentive policies?

Forex news, dollar rate. The Chairman of the US Federal Reserve System Ben Bernanke has claimed that additional monetary incentives are to be taken for the decline in unemployment rate. Such measures include the third stage of quantitative easing program, longer periods of minimal interest rates, and defining the major terms required to increase the cost of funding.

The rate of economic recovery in the USA was highly overrated. US economic growth is expected to happen very slowly. B. Bernanke supposes that it is connected with lasting debt crisis in Europe. Thus, the predicted GDP in the USA in 2012 has dropped to 2.5 – 2.9%, in comparison to the forecast in June 2011, when it amounted to 3.3 – 3.7%. The unemployment rate, on the contrary, has been reconsidered towards rising. It is predicted to rise from 7.8 – 8.2% to 8.5 – 8.7% by the last quarter of 2012.

Forex: What problems may traders encounter when using trading robots?

As reported by «Market Leader» (US)

Forex: What problems may traders encounter when using trading robots?

Automated Trading Software (ATS, sometimes referred to as expert advisors or trading robots) is getting more and more popular among Forex and stock traders. The idea of using a trading robot, which makes trading decision on its own basing on a certain predetermined trading algorithm, looks tempting. However, the experts of Masterforex-V Academy warn that traders may encounter numerous problems when using such software.

Greece: Venizelos will visit the meeting of the European Group

As it was informed by "Market Leader (US)"

Greece: Venizelos will visit the meeting of the European Group

Forex news

Greek leading political forces have agreed to create coalition government and have set early election for February 19, 2012. Georgios Papandreou had to quit his position of Prime Minister as a result of such consensus. This fact was proved by the press release, issued by the President’s Administration.
One thing is known for certain – Evangelos Venizelos, current Finance Minister, will keep his position. Moreover, he is most likely to occupy the position of new Prime Minister. The decision will be taken during today’s meeting of Papandreou with the opposition leader Antonis Samaras. Greece will also be represented by Evangelos Venizelos during the meeting of the European Group.

NIESR Warns of Dollar Weakness

As it was informed by "Market Leader (US)"

NIESR Warns of Dollar Weakness

According to The National Institute of Economic and Social Research (NIESR,) there is a 50% probability of Great Britain falling into recession. If the Greek crisis continues, the probability will increase up to 70%.

USDSGD: What is happening to hosing prices in Singapore?

As it was informed by "Market Leader (US)"

USDSGD: What is happening to hosing prices in Singapore?

The housing prices in Singapore didn’t changed in October. However, according to Urban Redevelopment Authority, the price growth seen in Q3 2011 was record-high. Investors are still confident in Singapore’s economic potential.

Real estate in London: investors are confident about long-term perspectives of the pound

As it was informed by "Market Leader (US)"

Real estate in London: investors are confident about long-term perspectives of the pound

Forex news. The total of 20 bln. US dollars have been invested in premium real estate of British capital during 2010.

The average rise of the value of residential real estate in London amounts to 100% every ten years. Major investments come from pension and hedge funds, the former making up almost 70% of total investment by using derivatives or directly.

Euro rate: is it the right time for stabilization?

As it was informed by "Market Leader (US)"

Euro rate: is it the right time for stabilization?

Forex news. Financing the enhanced EFSF remains a burning issue for Europe. On the one hand, China claims to be ready to invest. On the other hand, it will require significant compensation for such help.

EURUSD: investors are optimistic about Greece

As reported by «Market Leader» (US)

EURUSD: investors are optimistic about Greece

The recent summit in Brussels laid the foundation for the combating the eurozone crisis. EU leaders persuaded the private holders of Greek bonds to write down 50% of Greece’s debt. Right now the Greek authorities are having talks with private banks on the writedown.