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Bearish forecasts for EUR/USD

 

Royal Bank of Canada: euro has breached the “bearish triangle” getting under $1.4364 and dropped below the uptrend line from June 2010 at $1.3989. According to the specialists, EUR/USD is now poised down to the minimal level since January 17 at $1.3246. Commerzbank: the single currency closed last week below major support levels of the 2010-2011 uptrend. The strategists expect the pair to fall to $1.3428/10 (February minimum and 50% retracement of the advance in 2010-2011). In the longer term EUR/USD will slide to $1.2000. In the near term euro will be capped by resistance at $1.3723/1.3840 (intraday Fibonacci retracements and the July minimum).

Scotia Capital: EUR/USD may hit levels between $1.30 and $1.35 any time. However, the analysts advise investors avoid trading the pair turning to USD/JPY and selling US dollars versus Japanese yen.

 

 

Souce: http://www.fbs.com/analytics/news_markets/view/8629

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Miss FBS Universe !!!

 

 

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Dear friends!

 

The brightest summer contest is finally completed and the winner is Shorena Gulashvili from Georgia.

 

During the whole summer you had been voting for the most beautiful lady in the world of Forex. It was very hard to predict who would be MissFBS Universe as all the ladies were very charming. With a strong self-confidence Shorena pulled ahead and became Miss FBS Universe. The lady gets 500 USD from FBS as the main prize.

 

 

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Miss FBS Universe Shorena Gulashvili from Georgia

 

 

Q:How did you find out about Miss FBS contest?

 

S.G:I found it inFBS news and decided to try.

 

Q:Please, share with us the impression of the contest.

 

S.G:I actively participate in all FBS contests, I like competitions with strong sensations and taste of victory.

 

Q:If it is not a secret, could you share with us your plans on spending prize?

 

S.G:Part of the prize I will spend to prepare my children for school (here it begins on 15th of September), the rest I will spend on trading.

 

Q:Do you have any experience in Forex trading?

 

S.G:Yes, I do.

 

Q:From your point of view, that features should the woman have to become successful in the Forex world?

 

S.G:The successful woman in FOREX should be clever, calm, ambitious, sharp-sighted.

 

Q:What would you wish to FBS clients?

 

S.G:I wish to FBS clients more activity and a lot of profits!

 

 

We congratulate Shorena and wish her Finance, Freedom and Success!

 

Work with FBS , be friends with FBS and be successful!

(Best mini Forex Broker of 2010)

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Stay connected with FBS because its all about you!

 

congratulation miss for your winner =D you looks beautifull =D

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Just 3 Days left for the ending of 999 Demo Contest !!!

 

 

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By recent updated ranking, Indonesian trader leading the contest (Account# 188525) with over 239k capital on the other hand 2nd position hold by a Uzbek Trader (Account#186609) with over 162k balance So, lets see who will win the contest. We are hoping for a close healthy competition, best of luck all FBS contestants.

 

 

 

Account#188525

Position: 1st

Country: Indonesia

Balance:239117.69 USD

 

Account#186609

Position: 2nd

Country: Uzbekistan

Balance:162092.72USD

 

Account#187 628

Position: 3rd

Country:Ukraine

Balance:102885.03 USD

 

 

 

 

top10l.png

 

Check other contestants ranking Go to the scoreboard: http://www.fbs.com/contest/999/participants?type=cur

 

Work with FBS , be friends with FBS and be successful!

(Best mini Forex Broker of 2010)

bmfb_en.png

 

 

Stay Connected with FBS because its all about you !

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J.P. Morgan, UniCredit warn about pound’s weakness

2011-09-13 16:09

 

Currency strategists at J.P. Morgan note that investors are generally negative on sterling. It’s possible to give several reasons for that:

 

- UK weak economic outlook (although annual inflation rose from 4.4% in July to 4.5% in August, the risk of double-dip recession isn’t ruled out; the housing market remains in trouble);

 

- The looming possibility of more quantitative easing by the Bank of England (finance minister George Osborne claimed that he object’t against additional bond purchases);

 

- The risk of UK financial institutions’ credit rating downgrade (British banks are exposed to Greece and the euro-zone banking community). The nation’s banks are on review of Moody's Investors Service since May.

 

As a result, sterling is seen falling like euro has been doing so far rather than getting support as a safe haven like the greenback. Strategists at UniCredit expect GBP/USD to slide to $1.55.

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J.P. Morgan, UniCredit warn about pound’s weakness

2011-09-13 16:09

 

Currency strategists at J.P. Morgan note that investors are generally negative on sterling. It’s possible to give several reasons for that:

 

- UK weak economic outlook (although annual inflation rose from 4.4% in July to 4.5% in August, the risk of double-dip recession isn’t ruled out; the housing market remains in trouble);

 

- The looming possibility of more quantitative easing by the Bank of England (finance minister George Osborne claimed that he object’t against additional bond purchases);

 

- The risk of UK financial institutions’ credit rating downgrade (British banks are exposed to Greece and the euro-zone banking community). The nation’s banks are on review of Moody's Investors Service since May.

 

As a result, sterling is seen falling like euro has been doing so far rather than getting support as a safe haven like the greenback. Strategists at UniCredit expect GBP/USD to slide to $1.55.

 

great,, the market analysis from FBS is really great...beacause GBP/USD is really falling down =D

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great,, the market analysis from FBS is really great...beacause GBP/USD is really falling down =D[/center]

 

We highly thankful to you for your valuable comments as well for choosing best broker.

 

 

Stay connected with FBS because its all about you!

 

(Best mini Forex Broker of 2010)

 

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_______________________________

FBS - FINANCE FREEDOM SUCCESS

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Just 3 Days left for the ending of 999 Demo Contest !!!

 

 

fbs999transpa.png

 

 

 

By recent updated ranking, Indonesian trader leading the contest (Account# 188525) with over 239k capital on the other hand 2nd position hold by a Uzbek Trader (Account#186609) with over 162k balance So, lets see who will win the contest. We are hoping for a close healthy competition, best of luck all FBS contestants.

 

 

 

Account#188525

Position: 1st

Country: Indonesia

Balance:239117.69 USD

 

Account#186609

Position: 2nd

Country: Uzbekistan

Balance:162092.72USD

 

Account#187 628

Position: 3rd

Country:Ukraine

Balance:102885.03 USD

 

 

 

 

top10l.png

 

Check other contestants ranking Go to the scoreboard: http://www.fbs.com/contest/999/participants?type=cur

 

Work with FBS , be friends with FBS and be successful!

(Best mini Forex Broker of 2010)

bmfb_en.png

 

 

Stay Connected with FBS because its all about you !

 

2 Days Left..

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Standard Bank: sell EUR/JPY

 

Currency strategists at Standard Bank advise investors to sell the single currency versus Japanese yen at 104.90 targeting 103.50 and 100.40. The specialists recommend placing stops at 108.10.

 

The pair EUR/JPY lost 9.2% during the past 3 months hitting yesterday 10-year minimum at 103.88.

 

 

Credit Suisse, BarCap: the SNB's peg will spur inflation

 

Analysts at Credit Suisse and Barclays Capital warn that Swiss National Bank’s decision to peg franc to euro threats to flood the nation’s financial system with cash spurring inflation. As a result, the central bank won’t fulfill its goal of price stability.

 

The SNB has also resorted to such policy in the 1978 when it set the ceiling for franc versus Deutsche mark. That led to a decade of surging inflation – annual price growth jumped from 1% that year to 7.5% by the middle of 1981. In addition, there was a real-estate bubble in the 1980s – in 4 years after the peg was announced the costs of rental apartments bounced by 52%.

 

Economists at the University of Zurich expect inflation to break above the SNB’s 2% limit during the next 3 years even if Swiss economic growth stumbles.

 

In August Switzerland’s CPI added 0.2% from the levels of the previous year. By the end of August SNB’s foreign-currency holdings reached the record maximum of 253.4 billion francs ($305.1 billion) that’s about a half of the nation’s GDP.

 

The SNB is now focusing on the exchange rate than on inflation. As the central bank’s head Philipp Hildebrand said, Swiss policy makers have started “a challenging journey” with possible “very high” costs.

 

 

UBS: bullish outlook for US dollar

 

Analysts at UBS note that despite US credit downgrade, the greenback has become the ultimate safe haven as other traditional refuges – Japanese yen and Swiss franc – are undermined by the efforts of Japan and Switzerland to weaken their national currencies.

 

The specialists underline that the European Central Bank and the Bank of England are seen easing their monetary policies. As a result, UBS claims that unless the Federal Reserve starts the third round of quantitative easing US dollar will keep strengthening against euro and pound.

 

 

Major banks’ forecasts for euro

 

Some major banks are revising downwards their forecasts for the single currency versus the greenback as the euro zone’s debt crisis deepens and the pair EUR/USD hit yesterday 7-month minimum in the $1.3500 area. For example, UBS is reviewing its current estimate of euro’s rate by the end of the year at $1.35 and J.P. Morgan – the one at $1.36.

 

However, other banks think that it’s still too early to make significant changes to the outlook.

 

Deutsche Bank is already quite bearish on the European currency expecting it to fall to $1.30 by the end of 2011. Barclays Capital keeps its $1.46 year-end view, though its representatives claim that the bank is always considering revisions. HSBC is looking forward to $1.44 by the end of the year and points out that from the fundamental point of view nothing has changed as the market is perfectly aware of the seriousness of European debt issues.

 

The most bullish view on euro’s prospects has Goldman Sachs which reiterated EUR/USD forecast at $1.50 by the end of March. Bank of America-Merrill Lynch names $1.45 as the target for the end of 2011, Credit Suisse sticks to $1.40 in 3 months, though conceding the possibility of the lower levels in the near term.

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FBS Master Card (Free) !!!

 

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Dear clients!

 

We do know you take decisions rapidly, easily adapt to constantly changing environment and value your time. We here at FBS have done our best to simplify the payment solutions for you and make your FBS MasterСard receipt faster and easier.

 

If you deposit your account to 500 or more USD you can instantly join FBS MasterСard Club and get a free FBS MasterСard!

 

 

 

FBS MasterСard advantages include:

 

• Instant deposit and withdrawal

 

• An easy way to buy online, pay for online services

 

• Easy use of ATMs to cash out your funds

 

• Low commissions

 

How to get a FBS MasterCard?

 

To get a FBS MasterCard please login to your Personal Area and visit this link: https://my.fbs.com/withdrawals/fbsmastercard/help. You will be redirected to Payoneer website and offered to submit a card registration form. Please make sure to input correct data. Please note that the card issuance is worth 20 USD, which will be deducted from your trading account during the registration. After the form is submitted you will be returned back to your FBS Personal Area.

 

 

Deposit your account to 500 or more USD and you will get your FBS MasterСard for free!

 

mc_but.png

 

 

 

Work with FBS , be friends with FBS and be successful!

(Best mini Forex Broker of 2010)

bmfb_en.png

 

 

 

 

Stay connected with FBS because its all about you!

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Hurry up to take part and win Honda Insight Hybrid!!!!

 

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Dear traders!

 

If you are concerned about our planet, try to do your best not to harm the environment.

 

FBS believes that defence of environment now is the guarantee of healthy future generations. We want our descendants to have an opportunity to breathe fresh air, drink crystal-clear water, and walk on green grass even in 100 and 1000 years.

 

FBS offers you to take the first step to rescue of ecology of our planet by taking part in “FBS Green Drive” contest. The winner of “FBS Green Drive” contest” will get the super-prize – Honda Insight Hybrid, highly economical car with an electric motor, with significantly reduced fuel consumption and harmful emission into the atmosphere.

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The contest will take place during: 07.03.11-11.11.11 .

How can a trader participate in “FBS Green Drive” contest?

 

In order to take part in “FBS Green Drive” contest, it is necessary to have no less than 499 USD in your trading account,

register for the contest in your Personal Area: (https://my.fbs.com/contests/greendrive)

 

follow the Contest Rules:

Contest Rules: http://www.fbs.com/contest/greendrive

 

 

 

Hurry up! May be you are the one who is meant to be happy owner of Honda Insight Hybrid!

 

 

Work with FBS , be friends with FBS and be successful!

(Best mini Forex Broker of 2010)

bmfb_en.png

 

 

 

Stay connected with FBS because its all about you!

 

 

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Share on other sites

 

 

FBS Master Card (Free) !!!

 

top_mastercard_eng.png

 

 

Dear clients!

 

We do know you take decisions rapidly, easily adapt to constantly changing environment and value your time. We here at FBS have done our best to simplify the payment solutions for you and make your FBS MasterСard receipt faster and easier.

 

If you deposit your account to 500 or more USD you can instantly join FBS MasterСard Club and get a free FBS MasterСard!

 

 

 

FBS MasterСard advantages include:

 

• Instant deposit and withdrawal

 

• An easy way to buy online, pay for online services

 

• Easy use of ATMs to cash out your funds

 

• Low commissions

 

How to get a FBS MasterCard?

 

To get a FBS MasterCard please login to your Personal Area and visit this link: https://my.fbs.com/w...mastercard/help. You will be redirected to Payoneer website and offered to submit a card registration form. Please make sure to input correct data. Please note that the card issuance is worth 20 USD, which will be deducted from your trading account during the registration. After the form is submitted you will be returned back to your FBS Personal Area.

 

 

Deposit your account to 500 or more USD and you will get your FBS MasterСard for free!

 

mc_but.png

 

 

 

Work with FBS , be friends with FBS and be successful!

(Best mini Forex Broker of 2010)

bmfb_en.png

 

 

 

 

Stay connected with FBS because its all about you!

 

for the future i should have FBS MASTER CARD because i almost 1 year using FBS Holding Inc. So far there's no problems with this company

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for the future i should have FBS MASTER CARD because i almost 1 year using FBS Holding Inc. So far there's no problems with this company[/center]

Thank you for your confidence in using FBS

 

 

Stay connected with FBS because its all about you!

 

(Best mini Forex Broker of 2010)

 

bmfb_en.png

 

_______________________________

FBS - FINANCE FREEDOM SUCCESS

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FBS «999» Demo contest Update

 

Someone with call him self with "riki" from Depok City, Indonesia be the first till the last day of contest with balance 240426.49

 

178d1316086869t-fbs-fbs-com-juwara.jpg

 

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There is still a few hours for the final :D

Lets see next hours on closing market.

 

 

 

Stay connected with FBS because its all about you!

 

(Best mini Forex Broker of 2010)

 

bmfb_en.png

 

_______________________________

FBS - FINANCE FREEDOM SUCCESS

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