October 2016 – News of the Planet of Investments

Sterling Reduces Its Biggest Monthly Losses Since Brexit

The Great Britain pound recovered from early losses on Monday against the euro and the US dollar to reduce some of the declines it recorded during October. The British currency is heading toward its biggest monthly depreciation since June when voters in the UK chose to leave the European Union. Markets are speculating that the UK government might decide to head for a hard Brexit; a scenario in which the nation would give up its … “Sterling Reduces Its Biggest Monthly Losses Since Brexit”

Dollar Bounces from Friday’s Low, Heads for a Monthly Gain

The US dollar recovered against the euro on Monday as it heads for a monthly gain yet it remained lower than its highest level over the past five days of trading. The dollar had a sudden drop last Friday following reports of a new probe launched by the FBI that is investigating into emails linked to Hillary Clintonâs use of a private server when she was the secretary of state. However the US currency steadied … “Dollar Bounces from Friday’s Low, Heads for a Monthly Gain”

USD/CAD: Trading the Canadian GDP

Canadian GDP is a measurement of the production and growth of the economy. Analysts consider GDP one the most important indicators of economic activity. A reading which is better than the market forecast is bullish for the Canadian dollar. Here are all the details, and 5 possible outcomes for USD/CAD. Published on Tuesday at 12:30 … “USD/CAD: Trading the Canadian GDP”

USD: How Much Is A Fed Repricing Worth? How To

The US dollar took a hit on the FBI Effect but seems to recover. What’s next? With the Fed set to hike again at the December meeting, we look at the impact a repricing of the rates curve would have on the broad USD. Our estimates suggest that if the market prices in a pace of … “USD: How Much Is A Fed Repricing Worth? How To”

EUR: 3 Things To Expect From The ECB On 8

Draghi decided to keep us in suspense towards the December decision. What can we expect from the high stakes event? Here is the view from Goldman Sachs: Here is their view, courtesy of eFXnews: What we expect from the ECB to announce on 8 December? 1- The ‘stock effect’: QE extended by 9 months, from March … “EUR: 3 Things To Expect From The ECB On 8”

Why brokers shouldn’t choose MT4 and what are the

The retail FX industry has been dominated by MetaTrader 4 (MT4) brokers. This goes without any doubt. Even though there are brokers that offer their trading software, many of them still add MT4 as a fallback option. In this article, I am going to focus on the main disadvantage of MT4 and will consider two … “Why brokers shouldn’t choose MT4 and what are the”

Why brokers shouldn’t choose MT4 and what are the

GBP: Pause For A Breath Warranted; Where To Target? –

The pressure on the pound continued for another week, but maybe we could have a pause now. BOE Governor Mark Carney is set to stay in his post and there are also other reasons for a sterling stabilization. Here is the view from ANZ: Here is their view, courtesy of eFXnews: On a trade weighted basis, … “GBP: Pause For A Breath Warranted; Where To Target? –”

HYCM Review

HYCM Review This HYCM review conducted by the team of “ForexSQ” experts for those who want to know about how to open a trading account with HYCM broker. The HYCM forex broker is the trading name of Henyep Capital Markets Ltd., a part of the Henyep Group, a global corporation with numerous business activities spanning three continents and 20 … “HYCM Review”