To cancel your subscription, please, use the link at the bottom of
this message.
EarnForex.com Monthly Newsletter
*May 3, 2011*
Welcome to the latest issue of EarnForex.com newsletter — May
2011.
In this issue of EarnForex.com newsletter I will remind you about the
most important Forex-related events of the last month and will also
show you the list of the site's latest updates.
*
Overview of the major currency pairs' performance in April*
*EUR/USD* — was constantly rising up in April with some doubts
shown in the middle of the month. It was at its maximum at 1.4881 on
April 28, at its minimum at 1.4061 on April 1, finishing the month at
1.4803.
*GBP/USD* — rose up in a perfect wedge pattern. The highest monthly
rate was at 1.6746 on April 28, while the lowest — at 1.5971 on
April 1. GBP/USD finished April trading at 1.6702.
*USD/JPY* — after rising during the first trading week, the pair
fell sharply. The pair rose to as high as 85.51 on April 6, reaching a
bottom at 81.03 on April 29 and closing the month with the 81.18 rate.
*EUR/JPY* — fluctuated in April. The monthly high was at 123.31 on
April 11, the monthly low — at 116.48 on April 18. Trading ended at
120.19 for this currency pair.
*GBP/JPY* — posted an inverse V pattern during in the first half of
the month, went sideways afterwards. The maximum level for this pair
was at 140.02 on April 8, while the minimum — at 132.98 on April 18.
The month's trading ended at 135.59 for GBP/JPY.
*
Fundamental background of the past month*
There were several important fundamental factors that
influenced the currency market in April. Federal Reserve marked the
end of its
bond-buying program but failed to show any plans to tighten the
monetary policy
by the end of the year. Previously, US' credit rating outlook was
changed from
'stable' to 'negative' by S&P. Japan also had its credit rating
outlook revised
by S&P. Meanwhile, the news coming out of Switzerland, Australia and
New Zealand
were very positive. Despite the rising inflation in China that
threatens the
economic grows in the region, the countries showed optimistic
fundamental
indicators. Gold, silver and oil were in uptrend during the month.
*
Interest rate changes in April*
Country
Old Rate
Change
New Rate
Chile
4.00%
+0.50%
4.50%
Denmark
1.05%
+0.25%
1.30%
Brazil
11.75%
+0.25%
12.00%
Poland
3.75%
+0.25%
4.00%
*
Top 5 Forex brokers of the last month*
The top 5 Forex brokers, as rated by the visitors of EarnForex.com
<http://www.earnforex.com/>
are the following:
Easy-Forex <http://www.earnforex.com/forex-brokers/Easy-Forex>
— 7.9
AccentForex <http://www.earnforex.com/forex-brokers/AccentForex>
— 7.0
Universal FX <http://www.earnforex.com/forex-brokers/UniversalFX>
— 6.6
4RunnerForex <http://www.earnforex.com/forex-brokers/4RunnerForex>
— 6.5
Forex.com <http://www.earnforex.com/forex-brokers/Forex.com>
— 6.3
To qualify for the position in this top 5 rating a Forex broker
should have at least 5 votes. Don't forget to rate your favorite
broker <http://www.earnforex.com/forex-brokers/>
if you haven't done so already.
*
Forex e-books*
One new Forex book has been published on EarnForex.com since
the last issue of the newsletter:
My Dog Ate My Forex by Doug Breiten
<http://www.earnforex.com/forex-e-books/beginner-forex-trading/My_Dog_Ate_My_Forex.pdf>
You can always browse the previously
uploaded books <http://www.earnforex.com/forex-e-books/>
.
*
Forex articles*
One new Forex article has been published on EarnForex.com since
the last issue of the newsletter:
How Much Capital To Start Trading Forex?
<http://www.earnforex.com/articles/how-much-capital-to-start-trading-forex>
You can always browse the previously
uploaded articles <http://www.earnforex.com/forex-articles>
.
*
Forex brokers*
Five new Forex brokers have been added to EarnForex.com since the
last issue of the newsletter:
Loyal Forex <http://www.earnforex.com/forex-brokers/LoyalForex>
— despite the fact that this broker was previously an IB for
scammy Prime4x, they now offer rather good conditions, presenting
themselves to almost every broker category on EarnForex.com.
Ajax Financial <http://www.earnforex.com/forex-brokers/AjaxFinancial>
— Canadian Forex broker that offers ECN trading via Currenex, $500
minimum (only wire transfer) and fixed 1:100 leverage, but very low
spreads.
AFX Capital <http://www.earnforex.com/forex-brokers/AFXCapital>
— Cypriot MetaTader broker with oil/silver and gold trading
offered, flexible leverage and €200 minimum account size.
FXOptimax <http://www.earnforex.com/forex-brokers/FXOptimax>
— Panamanian MetaTrader broker with a generous bonus system,
Muslim-friendly accounts and a variety of accepted payment methods.
$10 is the minimum and micro-trading is enabled.
Solidity Brokers
<http://www.earnforex.com/forex-brokers/SolidityBrokers>
— another Cypriot broker; offers ECN and STP trading via
MetaTrader and web-based platform; provides access to multiple
markets: Forex, CFD, commodities, indexes, etc.
You can always view our full
list of Forex brokers <http://www.earnforex.com/forex-brokers/>
.
*
Forex VPS providers*
No new Forex VPS providers have been added to EarnForex.com
since the last issue of the newsletter, but you can always browse the
previously
added VPS companies <http://www.earnforex.com/forex-vps-hosting>
.
*
MetaTrader indicators*
No new MetaTrader indicators have been added to EarnForex.com
since the last issue of the newsletter, but you can always view the
previously uploaded
Forex indicators <http://www.earnforex.com/metatrader-indicators>
.
*
MetaTrader expert advisors*
No new expert advisors have been added to EarnForex.com since
the last newsletter issue, but you can always browse the previously
added
MetaTrader EAs <http://www.earnforex.com/metatrader-expert-advisors/>
.
*
Forex polls*
Two new polls have been posted on the EarnForex blog
<http://www.earnforex.com/blog/>
:
Will EUR/USD Reach 1.5000 in April?
<http://www.earnforex.com/blog/2011/04/will-eurusd-reach-1-5000-in-april/>
What Forex Social Networks Do You Use?
<http://www.earnforex.com/blog/2011/04/forex-social-networks/>
You can also browse the full list of
Forex polls <http://www.earnforex.com/blog/tag/forex-poll/>
from
EarnForex.com.
*
Forex strategies*
No new Forex strategies have been added to EarnForex.com since
the last issue of the newsletter but you can also browse the
previously added
Forex strategies <http://www.earnforex.com/forex-strategy/>
.
*
Forex industry news*
There were the following important Forex industry news in
April:
CMS <http://www.earnforex.com/forex-brokers/CMSFX>
launched
Virtual Desktop Interface for trading via remote access.
dbFX closed retail Forex operations and moved its client base to
Forex.com <http://www.earnforex.com/forex-brokers/Forex.com>
GFT <http://www.earnforex.com/forex-brokers/GFTForex>
succumbed
to MetaTrader and launched support for MT4.
Reserve Bank of India <http://www.rbi.org.in/>
reminded traders
and financial institutions that retail Forex trading is illegal in
India.
Alpari <http://www.earnforex.com/forex-brokers/Alpari>
returns
to Japanese market by acquiring a division of
CMS <http://www.earnforex.com/forex-brokers/CMSFX>
.
*
Until next newsletter issue!*
That's all for the May issue of the EarnForex.com
newsletter. If you have questions, comments or just want to see
something else
in the next monthly issue, please contact me
<http://www.earnforex.com/contact>
.
--
If you do not want to receive any more newsletters, please click this link: http://www.earnforex.com/lists/?p=unsubscribe&uid=869085ff8ae554bc5da817cbcd43fa67
To update your preferences and to unsubscribe visit http://www.earnforex.com/lists/?p=preferences&uid=869085ff8ae554bc5da817cbcd43fa67
Forward a Message to Someone http://www.earnforex.com/lists/?p=forward&uid=869085ff8ae554bc5da817cbcd43fa67&mid=50
--
Powered by PHPlist, www.phplist.com --
ليست هناك تعليقات:
إرسال تعليق