Forex guiderz

New release for Android platform

2012-05-22T11:19:00.000-07:00

2012-02-21

Dear Clients,

Please note that we’ve updated our Mobile Trader application for Android platform.

The following corrections and improvements have been made in Mobile Trader v2.07 for Android:

Fixed problem with parabolic SAR updates;Fixed issue with price spinners for different screen resolutions;Fixed issue with multiple indicators of the same kind and different parameters;Last used chart period is saved now;Fixed problem with reflecting open orders on the charts;Fixed an issue when all price updates have been added to last bar on the chart;News and Mail localization have been corrected;Minor bugs fixed.

The minimum Android OS version requirements are still the same. Android OS 2.1 and higher.

Update is available for download on our website.

If you have any additional questions, please contact Forex4you Customer support by phone (+442071939932), by email (info@forex4you.com) or by LIVE CHAT option.

Yours sincerely,

Team Forex4you

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Commission conditions for Pro STP accounts

2012-05-22T10:49:00.000-07:00

2012-02-28

Dear Clients!

Forex4you has published clearer and more detailed conditions for the calculation of commission on Pro STP accounts.

Turnover index Commission< 1500
$20
1500 - 3750$16
3751 - 7500
$13
7501 - 11250$10
> 11250
$8

Commission for a PRO STP account is calculated according to the following:

Default commission is 20 USD per lotIndex is calculated and rebate paid once a day at 23:59 GMT+1Turnover index = sum(volume) / average(equity)Sum volume and average equity for last 30 daysVolume in units and equity in USD1 lot = 100 000 units

We developed a special calculator for you that you can calculate number of trades to reach desired rebate.

Pro STP order commissions table and calculation examples here.

This type of account works with DMA (Direct Market Access) technology. Therefore, all scalping strategies, including scalping on news and night scalping, are welcome!

Our terms and conditions for Pro STP account commissions to clients are currently competitive with the world leaders in the industry, using similar DMA technology. And the only place in the world where you can get these conditions is at Forex4you!

If you have any additional questions, please contact Forex4you Customer support by phone (+442071939932), by email (info@forex4you.com) or by LIVE CHAT option.

Yours sincerely,

Forex4you

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Improved conditions for bonus program

2012-05-22T10:19:00.000-07:00

2012-02-28

Dear Clients,

We are happy to announce that for your convenience we have changed the conditions for our bonus program.

From today, the following improvements come into effect:

Increased time to earn out your bonus program!

Now you have an even better opportunity to earn out your selected bonus, because we’ve increased the maximum period of 2 months to 3! You can also choose a bigger bonus because now you have more time to earn it out.

If you have any additional questions, please contact Forex4you Customer support by phone (+442071939932), by email (info@forex4you.com) or by LIVE CHAT option.

Yours sincerely,

Forex4you

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Improved conditions for Classic account

2012-02-06T05:44:00.000-08:00

2012-02-03

Dear Clients,

Forex4you is constantly improving its trading conditions and services. Now we are happy to announce that for your convenience for the Classic account we have reduced minimum trade lot by 2 times, from 0.1 to 0.05. This will allow you to trade using less available funds.

If you have any additional questions, please contact Forex4you Customer support by phone (+442071939932), by email (info@forex4you.com) or by LIVE CHAT option.

Wishing you continuously successful trading!

Yours sincerely,

Forex4you

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Trading conditions transparency

2012-02-05T07:58:00.000-08:00

2012-01-30

Dear Clients!

Forex4you is continuing policy of increasing the transparency of conditions; we now publish the current actual daily and nightly spreads for each instrument and for each type of account. The information on spreads is updated every week.

For your convenience as you work, we have introduced a new section "Spreads", where you can continually get up to date and comprehensive information on all available tools. The data is dynamically recalculated based on the input parameters of your transaction.

Forex4you is one of the few brokers offering a variety of types of accounts based on 10 trading servers. We are confident that with our terms and conditions, you will find the option that suits you!

If you have any additional questions, please contact Forex4you Customer support by phone (+442071939932), by email (info@forex4you.com) or by LIVE CHAT option.

Yours sincerely,

Team Forex4you

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FOREX BREAK ALMOST OVER

2012-01-16T19:25:00.000-08:00

Over the years, I have made it a standard practice. I will stop trading from Christmas till Chinese New Year. These are the period that the market will not move or move very little. During these times, whenever anybody ask me my post in forex, I will give the freak out look on my face.

Just opened up my forex chart to look around. As usual, its not a pretty sight. So sit tight and enjoy the break while you still can. Forex calendar 2012 starts after CNY. Happy holidays everyone.

Forex4you report for 2011

2012-01-15T01:22:00.000-08:00

2012-01-12

Dear Clients,

2011 has been for Forex4you the most dynamic and productive period in the history of the Company.

During the past year we introduced many innovative solutions for our service and several innovative types of accounts, together with the recent launch of our PAMM service. We also opened representative offices in Europe (in Riga and Frankfurt).

We are pleased to announce the following significant results that we have achieved in 2011:

Most profitable order: 173,259.00 USDClient rebates: 1,591,072.69 USDPartner payouts: 5,801,262.56 USDTotal payouts: 7,392,335.25 USDPercentage of profitable accounts: 21.34%Volume of closed orders: 941,146.02 in lots or 188,232.4 billion in units of the base currencyActive accounts (each account contains at least one deal): 93,979.

We are confident that in the next few years we again will exceed forecasts and analysts’ expectations, and be able to demonstrate even higher levels of development of our company.

We are thankful to all of you, our clients, for choosing Forex4you as your premier forex broker, and we look forward to providing the products and services you need for successful trading.

Yours sincerely,
Forex4you

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Forex4you MasterCard

2012-01-11T10:31:00.000-08:00

2011-12-07
Dear clients,

Forex4you is excited to offer you a new option for fast, easy and worldwide funds withdrawal - Forex4you MasterCard which is created in partnership with one of the world's premier payment solutions, Payoneer.

Forex4you MasterCard allows you to:

Use the card everywhere MasterCard is accepted - online and at any point of sale;Withdraw your funds from any ATM and in your local currency;Maintain immediate liquidity - payments available in minutes;Ensure your funds are secure - as long as the PIN stays uncompromised; your funds are MasterCard protected even if your card is lost or stolen. A replacement card will be mailed to you and the balance transferred;Get your reward payments directly onto your card. Forget about hassles and trips to the bank;Receive localized solution - multi currency solutions with multi-lingual cardholder support;Access online - check account and perform transactions online 24/7

Apply for your Forex4you MasterCard now here
get introduced with the card registration guide here.

If you already have a Payoneer card, you can now assign it with Forex4you here.

Please note that following limits are applied:

Minimum amount to withdraw - 20 USDMaximum amount per one transaction - 2000 USDMaximum monthly limit - 5000 USD

In case of any questions about the Forex4you Prepaid MasterCard please contact:

Forex4you Customer Support by phone +442071939932, by email info@forex4you.com or using the LIVE CHAT option.or Payoneer directly by phone 1-847-461-1386 x2 or Live assistance: http://www.payoneer.com/contactUs.aspxYours sincerely,

Forex4you

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Holiday working schedule

2012-01-11T10:01:00.000-08:00

2011-12-22

Dear Clients,

We are very happy to admit that Christmas is already knocking on a door and Forex4you Xmas campaign has ended. We thank to all our clients – both existing and new ones who enjoyed the daily drawing of profitable orders and traded actively during these 4 weeks!

Congratulations to all our lucky traders who in total received $16,500 of Xmas cash (the full list of winners can be found here). We wish to continue successful trading with Forex4you!

Forex4you creates special offers for clients on regular basis, so we recommend you to follow our news and find out about effective campaigns, for example, now we have a special offer on newly launched PRO STP account, check it out here.

As this year as the holidays coincide with weekends, there will be only slight changes in Forex4you working schedules:

26.12.2011 (Monday) – trading session starting time at 00:00 GMT+1. Commodities, CFD on stocks and futures will not be available.30.12.2011 (Friday) – trading session closing time at 23:00 GMT+1.02.01.2012 (Monday) – trading session starting time at 00:00 GMT+1. Commodities, CFD on stocks and futures will not be available.03.01.2012 (Tuesday) –resumption of trading for commodities, CFD on stocks and futures.

Please remember that due to low liquidity and high volatility of the market in the period from 26.12.2011 till 02.01.2012 there will possibly be changes in trading conditions and increased spreads on all trading instruments for Forex and CFD on Cent and Classic account types. Therefore, we recommend you to maintain a margin level higher than normal with stop out. It is also possible that there will be limitations on some trading instruments.

If you have any additional questions, please contact Forex4you Customer support by phone (+442071939932), by email (info@forex4you.com) or by LIVE CHAT option.

Yours sincerely,

Forex4you

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Christmas campaign winners

2012-01-11T09:31:00.000-08:00

2011-12-22
Dear clients,

From November 21st to December 20th, Forex4you was spreading holiday cheer with a daily Christmas drawing: Each day, one profitable order from our Classic and Pro accounts won 500$, and one profitable order from our Cent accounts won 250$. We are happy our clients liked this campaign a lot and traded very actively these 4 weeks.

Forex4you congratulates all Xmas campaign winners who received cash prizes!

Date Account ID Account Type Amount20.12.2011
2560272
Pro500$20.12.20111711182
Cent250$19.12.2011
2538239
Classic500$19.12.20112474224
Cent250$16.12.2011
1752204
Classic500$16.12.20112536735
Cent250$15.12.2011
2537528
Classic500$15.12.20112479653
Cent250$14.12.2011
3618160
Classic500$14.12.20112559938
Cent250$13.12.2011
3617387
Classic500$13.12.20111733440
Cent250$12.12.2011
2536043
Classic500$12.12.20111661025
Cent250$09.12.2011
2532236
Pro500$09.12.20112506781
Cent250$08.12.2011
2572276
Classic500$08.12.20112536169
Cent250$07.12.2011
2492416
Classic500$07.12.20111734127
Cent250$06.12.2011
2516383
Classic500$06.12.20112536746
Cent250$05.12.2011
2487944
Classic500$05.12.20111710053
Cent250$02.12.2011
2537345
Classic500$02.12.20112526076
Cent250$01.12.2011
3605301
Classic500$01.12.20111741456
Cent250$30.11.2011
3620635
Classic500$30.11.20112567575
Cent250$29.11.2011
3616881
Classic500$29.11.20111672931
Cent250$28.11.2011
3611828Classic500$28.11.20112552274Cent250$25.11.2011
2522558Classic500$25.11.20112543042Cent250$24.11.2011
2568885Pro500$24.11.20112505893Cent250$23.11.2011
2542302Classic500$23.11.20112538305Cent250$22.11.2011
2567366Pro500$22.11.20112516738
Cent250$21.11.2011
2541548
Pro500$21.11.20111714259
Cent250$There were no limits on number of orders or order size, orders just needed to be closed with a profit--only profitable orders entered into the drawing. Clients were able to win an unlimited number of days during the campaign; the more they traded, the more likely they were to win!

Yours sincerely,

Forex4you

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New release of Android Trader

2012-01-11T09:01:00.000-08:00

2011-12-29

Dear Clients,

Please note that we’ve updated our Mobile Trader application for Android platform.

The following corrections and improvements have been made in Mobile Trader v2.0 for Android:

Technical indicators implemented;Drawing objects implemented (Trend lines, Fibonacci Retracement and others);New behavior of account summary panel in the open orders window;Minor bugs fixed;Supported languages: English, Russian, Arabic, Chinese traditional and simplified, Greek, Turkish, Dutch, Spanish, Italian, French, Portuguese, Japanese, German, Polish.

The minimum Android OS version requirements are still the same. Android OS 2.1 and higher.

Update is available for download on our website.

If you have any additional questions, please contact Forex4you Customer support by phone (+442071939932), by email (info@forex4you.com) or by LIVE CHAT option.

Yours sincerely,

Team Forex4you

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Forex4you attends major finance exhibition in China

2011-10-08T00:39:00.000-07:00

2011-10-03
Dear clients,

In our ongoing commitment to provide you with expanded services, we participated in the 7th annual China Guangzhou International Investment Banking and Finance Expo. The event was held on Sept. 16-18 in Guangzhou, one of the largest business centers in China.

The exhibition was an excellent opportunity to showcase our services and develop relationships for further business growth. As a global provider of Forex services, we recognize the value of entering new markets. By growing our business and increasing our scale, we can provide you with even better service, more robust technology and superior terms for trading.

We congratulate the Forex4you Malaysia team with a successful exhibition!

Yours sincerely,

Team Forex4you

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New customer service phone number

2011-10-08T00:09:00.000-07:00

2011-10-04
Dear clients,

Please note that our phone number for client services in English has changed. Starting immediately, the new number is +44 20 7193 9932. Our new client services phone number has been published on our website.

We will continue to accept phone calls to our previous number for a couple of months, to ensure clients are able to contact us as needed. Thank you for your patience.

In addition to contacting us by phone, you can also contact us by email (info@forex4you.com) or using the LIVE CHAT option.

Yours sincerely,

Team Forex4you

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New versions of Mobile Trader are available

2011-10-07T23:39:00.000-07:00

2011-10-05
Dear Clients,

Please note that we’ve updated our Mobile Trader application for Apple-based products and the Android platform as well as Web Trader enhancing the functionality and convenience of your trading experience.

The following corrections and improvements have been made in Mobile Trader v1.24 for Android:

Problem with charts for disabled symbols is fixed;Trading buttons for disabled instruments are deactivated;Different Region Format support is implemented;P/L calculation for JPY accounts is adapted to appropriate rules;Application is adapted to Android Tablets;'Favorites' tab is restructured;Chinese, Japanese, German localizations are fixed;Previous version bugs fixed;Supported languages: English, Russian, Arabic, Chinese traditional and simplified, Greek, Turkish, Dutch, Spanish, Italian, French, Portuguese, Japanese, German.

Mobile Trader v1.58 for Apple includes following improvements and new features:

Advanced technical analysis is implemented;Connection is improved;Aggregative view of open orders is implemented;'Points view' of open orders is implemented;Incoming mail removal option is implemented;Different Region Format support is implemented;P/L calculation for JPY accounts is adapted to appropriate rules;Other minor fixes;Following languages are supported: English, Russian, Chinese traditional and simplified, Arabic, Greek, French, Dutch, Italian, Spanish, Japanese, Portuguese, German.

We’ve also made significant updates to our universal Web Trader application for trading via internet browsers.

Improvements in the new Web Trader v1.85 include:

Indicator PSAR fixed;Indicator ROC added;Indicator Alligator added;Indicator RSI fixed;Rounding for accounts in JPY;History precision fixed;Other minor improvements;Following languages are supported: English, Russian, Chinese traditional and simplified, Arabic, Greek, French, Dutch, Italian, Spanish, Japanese, Portuguese, German.

Each update is available for download on our website.

Yours sincerely,

Team Forex4you

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200,000th Cent account owner wins 200,000 cents

2011-09-29T06:58:00.001-07:00

2011-09-26

Dear clients,

We have reached yet another significant milestone, and we have a new winner! The 200,000th Cent account was opened on Sept. 25 by Makarova Elena!

As a prize that fits the occasion, we are awarding 200,000 USD cents ($2000 USD) to Elena, deposited into her new Cent account. With 200,000 cents in her account, Elena will have a huge number of opportunities to participate in the Forex market with minimal trade sizes.

Indeed, our Cent account — including Cent, Cent Lite and Cent NDD — provides traders a relatively low-risk way of learning and experimenting in the Forex market. With minimum trade amounts of 2 cents, the Cent account enables you to try out different trading tactics and techniques — helping you to identify winning strategies to apply to larger amounts of capital.

Reaching 200,000 Cent accounts is historic in our growth, continuing to solidify our position in the Forex market as the premier provider of Forex brokerage services. Just recently, we awarded $5,000 USD to Dmitriy Lebedev from Khabarovsk, Russia, for opening our 50,000th Classic account. We plan to award new prizes to celebrate future achievements, so we encourage you to follow news and information about our mutual success!

Congratulations once again to Elena! We wish her and all our clients the best of success in the market!

Yours sincerely,

Team Forex4you

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Multi-billion aid pack deal finalized by Greece

2011-05-20T21:47:00.000-07:00

The Euro fell from a one-week high against the U.S Dollar on concern that the €110 billion-euro ($146 billion) bailout package for Greece will fail to contain the region’s sovereign-debt crisis. The single European currency declined for the first time in four days against the U.S Dollar and Japanese Yen as EU leaders prepare to meet on May 7th to discuss the timeline of the parliamentary approval for loans to Greece, and as Germany plans to debate the plan on the same day. In the Asian forex online trading session this morning, the Euro dropped to $1.32047 from $1.32934 on Friday’s close, and down as much as 1.12% from yesterday’s high of $1.33595. The EUR/JPY struck a low of 123.977, down 1.17% from yesterday’s high of 125.450, and down 0.63% from Friday’s close.

Yesterday, Greek officials finalized a deal with the European Union and the IMF that will give Greece access to a muti-billion euro financial bailout. Greek officials agreed to budget cuts worth €30 billion ($40 billion), on top of measures already agreed and aimed at reducing the nation’s colossal budget deficit. The aid package, expected to total up to €110 over three years, represents the first rescue of a member of the 16-nation euro zone. On Sunday, the finance ministers of 16-euro nations agreed that the 15 other countries would lend €80 billion over three years. The IMF will, in parallel, offer a €30 billion package.

The Euro dropped for a fifth month versus the greenback in April, the longest stretch of losses since November 2008 as fear escalated that Europe’s deficit crisis would spread. Last week, the 16-nation Euro touched $1.311531, the lowest level since April 2009, when Standard & Poor’s cut Spain’s credit rating was cut from AA+ to AA, a sign that the debt crisis is spreading. It fell below $1.32 the previous day for the first time in a year after S&P sliced Greece’s credit rating to junk and lowered Portugal’s to the third-lowest investment grade.

In the United States, a report showing the economy grew at a slightly slower-than-expected pace in the first quarter had little impact on the greenback. Despite the below-forecast headline number, analysts said the GDP report shows signs of an improving economy. On Friday, the Advance GDP showed that the economy expanded by 3.2%, slightly slower than the predicted 3.4%, and significantly smaller than the 5.6% growth seen in the last quarter of 2009. On Friday, the USD/JPY hit a high of 94.569, before settling back down to close the week at 93.837, 0.17% below its opening price. The USD was up against the British Pound, closing the week at $1.52584, up 0.55% from the day’s opening price.

Mounting US Consumer spending, good sign of trade mending

2011-05-20T20:47:00.000-07:00

The U.S Dollar rose against the Euro and Yen yesterday on growth in U.S. manufacturing and doubts about Greece's ability to honor a pledge for further austerity measures in return for an aid package.

The Euro continued to fall against the U.S Dollar yesterday as longer term concern over the Euro-Zone sovereign debt contrasted with solid U.S economic data. The U.S data, which showed a strong reading in manufacturing and construction spending, illustrate a U.S economy that continues to drag itself out of the worst recession since the Great Depression. This compares with the Euro Zone where investors remain worried about the implementation of the unprecedented €110billion aid package for Greece. In the forex online market the EUR/USD closed at 1.31974 yesterday, after hitting a low of 1.31530.

The U.S. manufacturing sector grew in April at its fastest pace in almost six years and at a rate that was above expectations, according to an industry report released Monday. The Institute for Supply Management’s said its index of national factory activity rose to 60.4 in April from 59.6 a month earlier. The data represents a ninth straight month of gains, with the headline index at its highest since June 2004.

The U.S Dollar hit an 8-1/2 month high against the Yen as U.S. manufacturing data boosted optimism about the economic recovery. Following the release of the report, the USD/JPY struck a high of 94.774, up 0.82% from yesterday’s opening price. Strong U.S. data has increased expectations the Federal Reserve will raise interest rates later this year, while the Bank of Japan is seen keeping rates low indefinitely. The USD continued to appreciate against the Japanese currency this morning as signs the global economic recovery is gaining momentum damped demand for Yen as a refuge. The USD/JPY rose to a trading high of 94.970, up 0.30% from today’s opening price of 94.689.

Consumer spending in the U.S. rose in March by the most in six months, pointing to a recovery that may accelerate when the economy creates more jobs. Boosted by spending on autos and other durable goods, real U.S. consumer spending increased 0.6% to reach a record high level in March, at last surpassing the pre-recession peak set in November 2007, the Commerce Department reported yesterday. With spending growing much faster than incomes in March, the personal savings rate fell to 2.7%, the lowest since September 2008.

Improvement in diversified sectors of market is full on in major economies

2011-05-20T19:47:00.000-07:00

This afternoon, the ADP Non-Farm Employment Change will be released. Economists predict that the ADP will show that companies hired 29,000 workers last month, a substantial improvement over a 23,000 decline in March. This ADP figure is widely considered a predictive index for Friday’s high anticipated Non-Farm payrolls. Later in the US, The Institute for Supply Management Non-Manufacturing PMI measuring the Level of a diffusion index based on surveyed purchasing managers, excluding the manufacturing industry is expected to rise from 55.4 points to 56.2- another positive indicator for the U.S. market.

Yesterday, the U.S Dollar received a boost as reports showed an unexpected increase in both the housing and manufacturing sectors. A report, showing that more Americans signed contracts in March to buy previously owned homes before the expiration of a tax credit, has helped support the housing market. According the National Association of Realtors pending home sales increased an unexpected 5.3%, after rising 8.3% in February. The housing market, which triggered the worst recession since the Great Depression, has received a boost from a tax incentive of as much as $8,000 for buyers who signed the contracts by the end of April. Job gains are needed to help sustain demand and limit foreclosures in the absence of government aid, broadening the economic recovery.

Meanwhile orders placed with U.S. factories unexpectedly rose in March, propelled by demand for business equipment and petroleum, signaling the economic expansion gained speed at the end of the first quarter. The 1.3% increase in bookings matched the prior month’s gain, which was more than twice as large as previously estimated, the Commerce Department yesterday. Sales rose 2.2%, the most since November 2007.

In The U.K. the pound strengthened against its most-active counterparts as polls show David Cameron’s Conservative Party may come closest to winning tomorrow’s election. Yesterday in the forex online market the GBP/USD hit $1.51047, its lowest level since March 31st. The pair lost 0.79% yesterday to close at 1.52472, but has managed to rebound in this morning’s trading session to touch on a high of 1.51640.

The U.K.'s manufacturing sector expanded at the fastest pace in 15-and-a-half years in April, boosted by a record high level of new export orders due to continuing sterling weakness, data showed yesterday. Markit and the Chartered Institute of Purchasing and Supply reported that the PMI for the manufacturing rose to 58.0 from March's revised 57.3. Later today, the Markit will release the construction PMI. Last month, the construction sector posted unexpected figure of 53.1 - a jump above the all-important 50 point mark. Analysts expected that this construction figure to stay constant, increasing slightly to 53.5.

In Australia, home-building approvals rose in March at the fastest pace since 2002, a sign that housing demand hasn’t been damped by the central bank’s world- leading round of interest-rate increases. According the Bureau of Statistics the number of permits granted to build or renovate houses and apartments rose 15.3 %from February, when it previously dropped a revised 2.7%.
Yesterday, the RBA opted to increase the benchmark lending rate for the sixth time in seven meetings, pushing borrowing costs to what Governor Glenn Stevens referred to as “average” levels. The moves are partly aimed at preventing a property bubble after housing prices surged 20% in the 12 months through March. According to economists, this report is encouraging as it is a leading indicator for employment, particularly for workers in the construction industry.
After plunging 1.88% against the greenback yesterday, to close at 0.90930USD, the Aussie rose slightly this morning, toughing on a high of 0.91167USD.

Riots, bombing killing humans and the economic measures lag

2011-05-20T18:47:00.000-07:00

The Euro tumbled to its weakest level against the U.S dollar in over a year amid growing concerns that Greece’s fiscal woes will spread to other indebted nations. The 16-nation currency hit a low of $1.27881 for the first time since March 2009 as Moody’s Investors Service placed Portugal’s Aa2 government bond ratings on review for another possible downgrade. In Greece, a nationwide general strike crippled the country, as protests against the government’s recently announced austerity measures turned violent, with a firebomb attack on a central Athens bank killing three people. The riots escalated as citizens of the debt-stricken nation halted flights and shut shops in a direct response Prime Minister George Papandreou’s plans to cut wages and pensions and raise taxes in return for a 110 billion- euro ($143 billion) rescue package. The Euro closed at $1.28126, down 1.17% from the day’s opening price and down 3.80% from the week’s opening price In the forex online market the EUR/JPY tumbled to a low of 119.935. The pair closed at 120.170, down 2.13% from the day’s opening. The Euro continued to fall against the Yen, touching on a low of 119.481 in this morning’s trading session.

President Jean- Claude Trichet will be fighting for the credibility of the ECB as well as the Euro today as he faces questions over the institution's decision to throw away collateral rules for Greek debt. On Tuesday, Trichet altered the rules for the second time in a month to guarantee the ECB will keep accepting Greek government bonds as collateral for loans even though they had been downgraded to junk status. This move comes in a direct contradiction to the declaration made earlier this year by Trichet that the central bank would not alter its collateral rules for the benefit of a single country.

According to economists the central bank may have to extend that to other nations, renew a program of lending unlimited cash to banks for a year, and even start buying government debt if the €110 billion- ($146 billion) bailout plan for Greece fails to stop the euro’s slide. The ECB decision raises tough questions that will make Trichet's monthly news conference "more than difficult," wrote economists at BNP Paribas.

Today, the ECB will announce its minimum bid rate decision – the central bank is expected to hold its key interest rate at its current record low level of 1.0%.

The Euro's weakness helped the dollar index hold on to its impressive gains this week. The index was up at 84.11, not far from a one-year high of 84.31 hit earlier in the session. The U.S Dollar got a boost from data showing U.S. private sector employers added 32,000 jobs last month, bolstering the view that U.S. interest rates will likely rise from record lows well before action on rates in the euro zone.

Companies in the U.S. added workers in April for a third month, according to data based on private payrolls. Data from the ADP Employer Service yesterday reported an increase of 32,000, following a revised 19,000 gain the prior month. The ADP figures were forecast to show a gain of 30,000 jobs. According to economists’ estimations, Friday’s highly anticipated Non-Farm Payrolls are predicted to show another month of strong gains – 197K. Last month, the NFP finally re-entered positive territory and recorded an increase of 162K in the number of employed.

Service industries in the U.S. expanded in April at the same pace as the prior month, indicating factories will drive any pickup in the economy. The Institute for Supply Management’s index of non- manufacturing businesses, which make up almost 90 percent of the economy, held at an almost four-year high of 55.4 for a second month. Readings above 50 signal expansion.

Going into its election, the British currency traded near a nine- month high against the Euro, touching on 84.77 pence per euro yesterday afternoon. The GBP rose as the latest UK election polls pointed to a likely victory for the Conservative Party and in reaction to report of strong UK construction PMI and rising retail price inflation.

Forex today picking up heights on ECB and EU announcement

2011-05-20T17:47:00.000-07:00

Today the sun has risen from opposite direction, its not funny, really this is because of the surprise shot of EU and ECB and their plans that have rushed the forex online market with the crowd of traders due to observing extremely higher moved up trends in EUR and the Asian market also surged up with flying colors.

Market trends signaling green to show that trends are moving higher and traders will surely redeem their investment that is time to sell off. EU policy makers sudden turned up attitude swerved up market of EUR in this morning.

The breeze of positive reaction blows all across the global Forex market and this is alluring to have some settle down of trades at EUR protecting the short-term trend. Although trends are moving in positive direction but it will take some more time to recuperate integrity at the forex trading platform.

In order to deal with the loosing consumer confidence and increasing crisis over the market at the weekend Fed, EU authorities and ECB combined took a strong decision that shook the entire currency pair market and forex session opening came up over with great precision at the pairs.
All this due to announcement of 750bln funding package allotment by EU and ECB promise to buy the government bonds at the market relieved the tensed market sentiments within a shot span of time.

Standard and Poor Index futures gathered at 4.1 percent while EUR cherished with 2.3 percent to share the incline of $1.3046. The victory of South Korea further drove the currency by 2% in front of USD whereas the protection cost of Asian bonds fell down once again while crude oil prices inclined higher at 3.8%.

This attempt of EU zone and approval of such a lump-sum aid package to soothe out the mushrooming debt crisis of sovereign that have sprouted in Greece but is threatening the other part of the forex market and their attempt put an end to the spreading of debts to other financial market.

US equities didn’t showed any positive response over this news and threw again for the fourth consecutive forex session on Friday. There is no exaggeration in saying that EU attempt of stabilizing the situation of market troubles and ceasing the crisis from spreading is appreciable.

The currency pair of EUR/USD is the only pair that have displayed some rise after intra-day trading session up to 1.2968 signifying miniature consolidation would likely to be observed along with the signs of recoil to the level of 1.2900. However, with the improvement in the buying and selling off the interests should come up, stay at the minor support level of 1.2809, and probably hold that position and stay at the minor support level of 1.2809 with the possibilities of additional rise.

The resistance would likely to expand from the last week’s trade lows level of 1.2510 to move towards the stronger recoiled level of current turn down towards 1.3000 but the trade didn’t achieved and finally stayed with 1.3038. According to the Fibonacci analysis, it is observed that the trade trends retraced from the level of 1.3365 to 1.2510 that would continue to hold from this level of trading.

The currency pair of GBP/USD is having short-term entry from the trade level of 92.50 and the target trade level at 90.80 and ceasing point of the trade is at 93.15.

Whereas USD managed to maintain the firm hold at the forex trading platform due to JPY’s winding down with upward trending risk is likely to test the resisting trends at 93.27/28. Nevertheless, there is a need to have a break in the trend that would signal the decline in the trading of the currency from the level 94.99 of the peak ended up at 87.95 in last week then again regained some pace in trading at 93.90 but changes would speed up or not this couldn’t be said now.

Overall, next forex session would undergo through vital trading session and there would be no precision in the trade of the market that could be affirmed for sometime lets see where the reaction of consumers and traders would probably rest that can be signaled from the lows and highs of market.

Forex trends coiffure after yesterday’s EU statement

2011-05-20T16:47:00.000-07:00

Overall, the forex online market would likely to have a mixed trend reaction with Asian market still displaying green signal for investors to sell off their investment and earn the profits as market has moved to such a bounce after experiencing the decline in the trends for more than a week.

The currency pair of EUR/USD had shown decline of 0.51% with 1.27 22/24 trading range having highs at 1.2803 and lows at 1.2703, even though yesterday’s announcement of package displayed a sharp bounce in the EUR trades and hopes are at peak today’s session opening crashed out.

At international market inflation rate in China has engorged up on the exceeding of bank lending rates whereas the property prices had a record soar puffing up the government neck to raise the rates of interest so that currency can experience admirable trades.

Chinese officials need to think about the increasing inflationary force and should take care to put off the excessive profits and hiking up of prices under control and because due to the aid package announcement from Europe further slouch at forex trading platform would not take place in recent times. The increment in the property prices put false the speculation of the experts about the financial status in the last month.

Coming back to the currency pair of GBP/USD same negative trend with -0.31% decline having traded at 1.48 08/10 trade range having highs of 1.48742 and lows of 1.4772. Seeing the trade ranges and the moves of the market there is nothing-satisfactory conclusion to arrive at for deciding the further trade decisions.

Other pair of USD/JPY is trading with slightly bearish trend and trading at 92 level with deviations of around 92.72/73 having the difference of -0.66% trade and the highs at 93.39 while the lows at 92.54.

Lastly, pair of USD/CHF taking break from the negative trending and is greening at the forex online market at the level of 1.11 06/09 and 0.08% having the highs of 1.113 and the lows of 1.107 and trending with slightly bearish trends.

Lets see what else today’s forex trading platform has in its bag for the investors, whether their speculation would hold true or once again get fell down at the floor.

Investors expectation surging, market responses have some other plans

2011-05-20T15:47:00.000-07:00

"A man could bring the horse to the water, but he cannot make him drink"- same is the case with the Greece crisis. The European Monetary Union Ministers are providing support to the Greece by offering the rescue package but it is only a temporary relief.

The actual work of raising the economy can only possibly be done by Greece Government itself. They have to make better financial plans from before, it needs a lot of effort to be put in making workable plans.

Market aspirants are very much concerned about the fiscal outlook for Europe. The EURO rebounds from Monday's high at $ 1.31 from the falling point below $ 1.27. The investors remains worried about whether weaker EURO economy can provide cost cuttings and increase in tax payments to manage their fiscal houses in order.

Market investors are still expecting a high of touching $ 1.15 by the Q3 from the EURO regardless of the last week's fall of EURO to $ 1.2510. It is still down by 0.4 percent after trading at $ 1.2732 in the forex online market.

The major currency that stands out against the US session was Sterling. The Euro fells around 1.2 percent to 85.05 against the sterling. The US Dollar touches a high of 0.3 percent to 92.99 against YEN. The Euro shows a fall of 0.7 percent against the 118.45 YEN.

The chief Forex strategist Shaun Osborne said that- the rescue aid package to Greece is just a way of delaying the inevitable not the cure to the disease. The currency strategist at Standard Chartered Bank in New York, Mike Moran had presented their opinion about the fiscal outlook of Europe. He also specifies clearly about the near term outlook that is one of the ephectic term for the EURO currency.

The market focus shifts back to the debt problem of Greece and the halted aid package in euro zone. It may be assumed that the debt problem may increase in recent weeks since, the investors are focusing their attention towards the currency borrowing for other countries facing same problem such as Portugal, Spain and Ireland.

Trade Deficit Bangs Market by reaching to 15-Month Eminent

2011-05-20T14:47:00.000-07:00

The Global economy recovery has boosted the business of exports and imports. It reaches to the highest level since October 2009. The survey is done by the Commerce Department and had given their report on Wednesday. The report acknowledges that the trade market reaches to their top level and touches the 15- month high. The economic recovery exaggerated the demand of exports. US economist Zach Pandl of Nomura Securities in New York has specified the reinforcement of the growth in trade volume.

The Commerce Department said that- the higher oil prices increases the exports since October 2009. The enhancement in imports was led by 25.5 percent whereas exports rose to 3.2 percent to $147.9 billion. It is seen that the rise in both exports and imports was stronger than expected by the government in the Q1 GDP published last month. Pandl said that- the assumptions can be good than expected, now its time for expecting a moderate rise in Q1 GDP from 3.2 percent to 3.5 percent.

Forex online market is still competing off the report because of the debt crisis in Greece. The Euro is one of the poor performing currency in this whole year. As the news comes that the Spain is taking austerity measures in cutting its budget, the rise is seen in US stocks. But as soon as the treasury debt prices falls the EURO climbs against the US Dollar. Analysts are expecting only a small growth on US export due to the slow recovery of the euro zone countries facing the financial trouble. The chief economist at Unicredit Research in New York, Harm Bandholz said that- the direct impact of EURO currency hurts the US export growth rate.

The imports are also hits high since October 2009. The combined imports of services and foreign goods rose to 3.1 percent to $188 billion around. The price of oil reaches to an average of $ 75 per barrel, it is the highest price in 15-months.

In March 2010, the recent research shows that the US exports and imports increased to $ 147.9 billion from 3.2 percent. While the exports of US goods winds up to $102.7 billion. An economist of New York Anna Piretti said that- the growth of import will continue as it is getting support from by going forward, strong production and high consumer demand.

In this year, US deficit is moving at an annual rate of $ 467 billion. It is 23.4 percent higher than the last year's annual report of $ 378 billion. Economists are saying that there is a rapid increase had shown from past year in terms of exports and imports because of the economic recovery in the Forex Trading market. The Mortgage Bankers Association showed that there is a high demand for home refinancing loans because the interest rate had reaches their lowest level.

The economy area weakens due to the financial trouble in euro zone and the European Central Bank is unable to rose its rate of interest for the coming months. "A weaker Euro suits to the weaker economy". The euro chart is showing the negative graph due to this reason there are small group of traders who believe that euro will rise. Yuichiro Harada, a senior dealer at Mizuho Corporate Bank said that- fundamentals of the economic region's justifies the weaker euro state. The only rise in Euro is seen on Wednesday from $1.2667 to $1.2629 in New York.

The EURO is showing some rise against the US Dollars but still in the downtrend showing in the Forex chart. The economy boosted the demand of foreign goods and services. This leds the trade market to hits the high of 15-months. The 20 percent of US merchandise exports are gone to the European Union from the last 12 months. The countries getting the export from the US merchandise are Netherlands, France, Belgium and the countries not getting are Greece, Portugal or Spain. Hence,the experts of market is saying that- the impact of euro debt crisis leads to trouble US exports.

EURO Steadied 14-Months Subside Vs US Dollar

2011-05-20T13:47:00.000-07:00

EURO falls down by 0.1 percent against the US dollar at the rate of $ 1.2604. In early times it hits at $ 1.2563, the smallest range in the week and almost half a percent than the previous week's 14 month subside of $ 1.2520.

European stocks gains makes the euro fell by 0.6 percent against Yen. According to the report given by EBS the euro is one of the single currency that goes subsides against 1.3997 Swiss francs. Experts are saying that the global factors will dominate the currency pair EUR/USD, despite the fact that Reserve bank Of Australia have announced that it is increasing the interest rate for showing worries over the outlook of inflation and a clench over the labor market. It is expected from the RBA to halt on their diversion for the coming next few months.

US Dollars shows an upgrading of 0.1 percent against the world's major currencies. Although it fells against the Yen by 0.4 percent. Sterling was the strong currency of the last week, but it surprisingly falls against the dollar by 0.3 percent in this mid of week. On Friday the euro snugged near 14 month subsides Vs US dollar make the investors onto worries because already their are ups and downs in the Forex currency market. the poor performance currency of the market this year is euro. The investors are so much worried about the fiscal outlook of euro zone that is hampering the growth of the Europe. European Monetary ministers are trying their best to overcome the recessionary condition, the government is putting efforts in cutting their fiscal spending. Regardless of these facts, the investors are still wondering how long these efforts will sustain.

Market Experts are given their view about the euro currency trading that if the euro currency breaks below the range of $1.25, then halt the loss selling otherwise it will reach upto the $ 1.2330, it is the lowest range of the year 2008. EUR/JPY currency reaches up to the 116.50 Yen after touching the low of 116 Yen below in the Asian trade market. Traders of the Forex market are saying that the euro gains are limited and it partly depends upon the Japanese Yen that is giving support to the euro zone countries. The world's second bond fund that is known as Kokusai Asset Management's Global Sovereign Fund is ready to support the euro by cutting its exposure to 4.8 percent points, although if the euro zone financial crisis continues to their low then the percentage will be 29.6 percent as it is estimated by the market experts at the end of May 2010.

USD/JPY stood at 92.90 Yen, it is seen that it goes up by 0.2 percent from the late New York trade in the Forex market. Where as the USD/GBP goes up by 0.1 percent since Sterling currency is static after a day loss because of the impact of Britain's public finances which undetermines it. On Thursday the market gots a hit of UK trade deficit that is seen high up to more than expected.

Reports from forex trading platform as usual comprises of sliding motion, so traders need to be little more cautious because even though policy makers and officials had tried from head to toe but yet the debt issues do not seem to cease at this level.

Lets have technical viewpoint about the currency pair of USD/JPY trading at the level of 92.54 that opened at the session with 92.79 surging high with the 93.55 level and the lower trade level of 92.49 and the forex online session closed at the trade level of 92.73.

USD/JPY made to swelled up high at yesterday’s trade session but later snipped down and started trading descending because of the sentiments of the Interbank that reached closer to -32%. On Thursday, the currency pair of USD/JPY declined from the level of 93.55 to 92.59 and closed the trade session at 92.73.

With no influential events in today’s trading session at Japan, so JPY is having the trading range in between 92.51 to 92.00 having down-trending at the trading platform.

Impact of this Week's Forex Market on Next Week's Forex Session

2011-05-20T12:47:00.000-07:00

Although, the outlook for the US Dollar index remains bullish this week instead it is expected from dollar that it will attract the investors in the next week's Forex session. This is because the investors loose their confidence on the currency pair of USDGBP. This comes as the favor to the dollar for the next Forex opening session said by the market experts.

In the recent week it is seen that the economic data is playing mess with the euro and it is assumed that it will remain in loss in the opening market of the coming week. Where as GBP may be on rimple in the next week's opening because of the CPI data and April retail sales since there is a pressure of equities high correlation continues on GBP and there is neither an opening path for the GBP from the grab of Sterling which is the bullish currency of this week.

Now a quick overview of the Forex online market currencies ups and down of this week. The G10 currencies Vs GBP position,shows some establishment in the market due to the positive reaction given by government on the Greece aid-package matter but not Vs euro currency. There is a fall shown by USDGBP below 1.45. The currency pair of USDJPY shows a high this week and were the best performers of the week in the G10. The major currency of the Forex market that is EUR/USD falls below 1.25 and expected this week to touch the low of 1.234 that is the low of October 2008.

US prime mortgages along with subside commodity prices will make the equities to resume their decline and makes the USD and JPY the best performing currencies of the recent week. Economic data remains in the sideshow in the market that is BoE makes the interest rate of Banks to be snugged at 0.50 percent and APF continues to EURO 200 bin. The government announced the cutting of budget this recent week threatens the people and therefore the inflation quarterly report warns the investors about the downside risks can show upgrades in the market.

Now about the market outlook of the recent week, the reports says that- in this risk averse moment in the Forex market the USDJPY shows the best performance. US Dollars are continuously attracting the buyers in the recent week because of the fall of EUR/GBP. British pound and sterling has shown the fall this week which ultimately favors the USD growth. It is expected in the next term that because of the rise in US dollar and subside oil prices will in turns makes the consumer prices low down.

The USD shows a safe flow in the economy chart reaches to the 86.0 level, although there is a strong support is given by the overseas interest rate of US refunding embedded high demands for the dollars. This also helps the market in viewing their medium-term approach may be reach to the high of 89.6 high of the March 2009. The snugged resistance is shown at 86.76 in the USD.

EUR currency remains in their downtrend this week regardless of the Greece aid-package details that favors to the debt crisis facing countries belong to the euro zone are Greek, Spain and Portuguese. The austerity package finally gets the approval this week which in turn provides a flip in single currency and equities. EUR/USD currency pair has showed on and off this week and were supposed to touch low of 1.234.

This week is beneficial for the currency pair of USD/GBP because of the UK elections, this helps the pair to reach high of 0.8620. The BoE not make any favor for the GBP against other currencies in G10, it only creates a resistance line for the euro currency so that it can snugged to the place where it is.

There will be a relief expected in the next week's forex session because of the three major targets that is maturing of Greek 10y debt package, Ecofin meeting along with the buying of ECB bonds. For the investors, it is only be said that "When there is a will, there is a way". Hope for well!!!