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.