This week, the European Commission published a winter economic outlook for the euro area, which showed that its experts have become a little more optimistic about the future of the region than in the autumn of last year. Already in November last year European Commission started to improve its economic forecasts for the euro area on the background of good signs that began to appear. However, the situation in the euro zone in the next two years will be far from cloudless. "The worst part of the crisis, perhaps, is behind," said...
U.S. ready to provide financial support to emerging from revolutionary changes Ukraine in addition to the credit program of the International Monetary Fund, the White House said. Earlier this week, the EU has agreed to provide financial assistance to Ukraine in the amount of $24 billion. Already two days after the dramatic escape of pro-Moscow President Viktor Yanukovych from Kiev because of the bloodshed, Washington tried to do an extra pressure towards Russia to allow things to develop without interference. While striving to build a new...
There is a widely held misconception that the best way to earn from your investments is through investing in stocks. Yes, investing in the stock market is a good way to profit from one's savings but there are other ways one can invest money that are relatively much less complicated and demanding but as profitable, if not more, than investing in stocks. Like investing in the foreign exchange market or Forex. So why is Forex hassle-free compared to the stock market and what are its advantages over it? The following are just some of the...
When it comes to forex trading, like any other job, taking a break once in a while is essential and very important. Forex traders, especially beginners, can find it very difficult to pull themselves away from their trading platforms trying to accomplish their goals as soon as possible. Being aware about when you should take a break from trading should be a part of any trading plan and any trading strategy; most successful traders know when it’s a good time to take a break. The psychology of forex trading is all about human emotions which are...
Trading sessions earlier in the week, mostly held under pressure with published statistics that in Europe and in the U.S. disappointed market participants. Preliminary data on the index of business activity in the manufacturing sector and the services sector in Germany in March amounted to 53.8 and 54 points, respectively, compared with 54.8 and 55.9 points in February. Meanwhile, the corresponding figures of the Eurozone amounted to 53.0 and 52.4 points, respectively, while the previous month values were 53.2 and 52.6. Following the...
