JustForex Broker - justforex.com

[JustForex]

Welcome No Deposit Bonus From JustForex

 

Dear forumers,

 

We want to introduce you our new Welcome No Deposit Bonus!

 

If you haven’t received our welcome bonuses earlier and you want to get additional money to start trading, choose JustForex Welcome No Deposit Bonus. To get the bonus, follow the next steps:

 

1. register the Back Office (if you haven’t made it yet);

2. verify your mobile phone number;

3. open Welcome (No deposit bonus) account.

 

All profit earned on the bonus funds will be available for withdrawal if you fulfill the conditions of the bonus rules. Find the detailed description at this page.

 

Best regards,

JustForex team

[JustForex]

Week`s Main Events

 

Dear forumers!

 

Today our team of financial analysts has prepared a new review of events in the upcoming week. These events can significantly affect the Forex market. Choose and track the ones that are most important to you.

 

On Friday, June 2, the US dollar weakened against major world currencies against the backdrop of the publication of a weak labor market report in the US. According to the US Department of Labor, in May, the growth in the number of employed people in the non-agricultural sector of the country fell by 20.7% to 138,000. Experts expected the figure of 185,000. The growth in the average hourly wage remained unchanged at 0.2%. At the same time, the unemployment rate fell to 4.3%. The probability of an increase in the Fed interest rate in June still remains at a very high level (95.8%).

 

In the upcoming trading week, we recommend you to pay attention to the following events.

 

06.06

On Tuesday, the Reserve Bank of Australia proceedings will take place. The regulator will make a decision on the monetary policy and will review the current economic situation in the country. At the moment, most experts believe that the Central Bank will leave the interest rate at the previous level of 1.50%.

 

At 17:00 (GMT+3:00) the data on the Ivey business activity index in Canada will be published.

 

07.06

On Wednesday, the Australian Bureau of Statistics will publish data on the country's GDP (first quarter) at 04:30 (GMT+3:00). Experts believe that the growth of the country's economy will slow down.

 

At 17:30 (GMT+3:00) the report on the crude oil reserves in the US will occur. This statistics can put pressure on a group of commodity currencies.

 

08.06

On Thursday, the attention will be focused on parliamentary elections in the UK. At the moment, Prime Minister Teresa May's party is in the lead. At the same time, recent opinion polls show a decrease in margin.

 

During the Asian trading session, the statistics on Japan's GDP and reports on the balance visible trade of China and Australia will appear.

 

During the European trading session, ECB meeting will take place, at which a decision on interest rates will be made. Also at 10:15 (GMT+3:00) the data on inflation in Switzerland will be released.

 

09.06

On Friday, the consumer price index in China will be published at 04:30 (GMT+3:00). Most experts believe that inflation in the country will accelerate. This report may have an impact on the dynamics of the Australian dollar.

 

We also recommend you to pay attention to the publication of the following economic reports:

- The data on the volume of production in the manufacturing industry and the balance of visible trade of the UK at 11:30 (GMT+3:00);

- The report on the labor market of Canada at 15:30 (GMT+3:00).

 

Best regards,
JustForex team

 

[JustForex]

New Trading Conditions Made for Clients! Coming soon

 

 

Dear forumers!

 

JustForex company is excited to inform that next week all our clients will be able to use the new trading conditions and new account types.

When developing new trading conditions, we relied on the wishes of our clients, as well as current market trends. Due to this, we can confidently say that the planned changes reflect the interests of all our clients and partners and give us an opportunity to fully experience the benefits of trading with our company. The trading leverage, increased up to 1:3000, and new currency pairs are among them. We also improved the spreads and removed limits on the number of orders, and the new terms for cent accounts are some of the best on the market now. In total, we have made more than 50 changes that will pleasantly surprise even the most demanding traders and will make the trading process more profitable and convenient.

And of course, we have prepared a loyalty program and a new partner program for our partners, in which the partner rewards are increased several times.

Our company always strives to satisfy the needs of our clients, to provide high-quality service and to open new opportunities in trading on the Forex market. The constant growth in the number of new clients from around the world, as well as the trust of clients using our services for several years, oblige our company to meet the expectations and reputation of one of the leading brokers on the Forex market. Therefore, we are moving beyond and constantly improving. This year, JustForex celebrates its fifth anniversary, therefore, a lot of other pleasant surprises are prepared for our clients, namely:

- In the near future, we will tell you about our new department of financial analytics, which prepares exclusive analytical materials for our clients, the part of which you can already read on our website;
- Pretty soon new bonuses, promotions, and trading contests on real and demo accounts will be available for our clients with incredible prizes and attractive terms of participation.

Stay with us and follow our news and announcements.

Your trusty broker JustForex

[JustForex]

Week`s Main Events

 

Dear forumers!

 

Today our team of financial analysts has prepared a new review of events in the upcoming week. These events can significantly affect the Forex market. Choose and track the ones that are most important to you.

 

On Thursday, June 8, the parliamentary elections were held in the UK. The Prime Minister T. May's Conservative party did not gain a majority in the House of Commons (326 seats). These events put considerable pressure on the pound. Trades on Friday ended with the fall of GBP/USD by more than 1.5%. 

 

This week, the attention will be focused on the meetings of the Central Banks of the United States, Japan, Britain, and Switzerland. We also advise you to pay attention to the following events.

12.06.

On Monday, the news background will be pretty calm. Financial markets in Australia will be closed due to the holiday. The publication of important economic reports from the US and the Eurozone is not planned.

13.06

At 11:30 (GMT+3:00), the National Statistical Office of Great Britain will publish a monthly report on inflation in the country. At 12:00 (GMT+3:00) the data on the ZEW economic sentiment index in Germany will be published.

 

At 15:30 (GMT+3:00), the US Bureau of Labor Statistics will publish data on the producer price index.

14.06

On Wednesday, the news background will be very eventful. The attention will be focused on the Fed meeting. At the moment, most experts believe that the regulator will raise interest rates by 25 basis points to 1.00-1.25%. The central bank will publish updated forecasts on economic growth and further monetary policy in the country as well.

 

We also recommend you to pay attention to the following economic reports:

- The industrial production volume in China at 05:00 (GMT+3:00);

- A report on the labor market in the UK at 11:30 (GMT+3:00);

- Publication of reports on retail sales and inflation in the US at 15:30 (GMT+3:00);

- Crude oil reserves in the US at 17:30 (GMT+3:00). This statistics can have a significant impact on the group of commodity currencies.

15.06

On Thursday, the news background will also be eventful due to important economic reports. The meetings of the National Bank of Switzerland and the Bank of England will take place, at which decisions on further monetary policy will be made. At the moment, most experts believe that regulators will leave interest rates unchanged at -0.75% and 0.25%, respectively. At the same time, it is necessary to pay attention to the comments of the Central Banks representatives.

 

It is necessary to pay attention to the following statistics:

- The data on GDP of New Zealand at 01:45 (GMT+3:00);

- A report on the Australian labor market at 04:30 (GMT+3:00);

- Statistics on retail sales in the UK at 11:30 (GMT+3:00);

- The index of production activity from the Federal Reserve Bank of Philadelphia - 15:30 (GMT+3:00).

16.06

On Friday, investors' attention will be directed to the meeting of the Bank of Japan. Speak by the forecasts, the Central Bank will leave the monetary policy at the same level.

 

At 12:00 (GMT+3:00) the revised data on inflation in the Eurozone will appear.

 

At 15:30 (GMT+3:00) a number of statistics data on the real estate market in the United States will be published.

 

Best regards,
JustForex team

 

 

 

[JustForex]

New Trading Conditions – Made for Clients!

 

 

Dear forumers!

 

JustForex has never stood still since its foundation. Our team is constantly adding new services and tools for customers, improving the conditions, contributing beneficial bonuses and contest, etc. And today we want to present completely new trading conditions. Before they were chosen, our analysts had made a great research of the market and customer requirements. As the result of it, every trader will have an opportunity to choose the account type which will be perfectly suitable for his strategy. Moreover, with new analytical section on our website, the trading process will become easier. There is no necessity to seek for technical analysis, important economic news and currency forecasts anywhere else, all this and even more valuable information for trading can be found right at JustForex website. It is absolutely free and available for all site visitors.

Let's have a detailed look at the new account types. Every trader can choose one or even several out of four available accounts: Cent, Mini, Standard and ECN Zero. With Cent accounts you need 100 times less margin than with standard ones. It is a significant advantage if you want to test a trading strategy or do not have much money for trading. The main features of this account are floating spreads from 0.3 pip, a maximum leverage of 1:1000 which is accounted according to the equity in USD, no commission and minimum deposit. If you have tried everything you wanted on Cent account, you have a chance to get to the next trading level with Mini or Standard accounts. These accounts are partially similar, but still each of them has its own gains. Mini account is appropriate for those traders who have a limited amount of money, as there is no min deposit on it, the spreads start from 0.3 pip and a maximum leverage is 1:3000. In case you are ready to deposit your account with at least 100 USD, Standard account will be more advantageous choice for you with its floating spreads from 0.1 pip and a maximum leverage of 1:3000.

For those traders who want to feel every market movement, prefer the dynamic trading process, JustForex created ECN Zero accounts. This account type has floating spreads from 0 pip, you get the spreads right from the market to your terminal. The maximum leverage on these accounts is 1:500 and the minimum deposit is 500 USD. Low, clear and competitive commissions make the process of earning simpler and more convenient.

Choosing any of the account indicated above traders should not forget about risk and money management. The Forex market is volatile and the prices are unstable, especially during economic news releases. Due to this fact, every Monday JustForex analytical team prepares the review of the most important news and events for traders. New trading conditions and analytical section on the website are targeted to make the trading process more obvious and enjoyable. We hope that you will appreciate all the improvements!

 

Kind regards,

JustForex team

[JustForex]

Week`s Main Events

 

Dear forumers!

 

Today our team of financial analysts has prepared a new review of events in the upcoming week. These events can significantly affect the Forex market. Choose and track the ones that are most important to you.

 

Last week, the US Federal Reserve, as expected, increased the key interest rate range to 1.00-1.25%. The regulator also noted positive changes in the economy and the labor market stability. The central banks of Great Britain, Switzerland and Japan have kept interest rates at the same level.

 

In the parliamentary elections in France, Emmanuel Macron's party won the victory.

 

In the upcoming trading week, we recommend you to pay attention to the following events.

 

19.06

On Monday, the news background will be pretty calm. In the Asian trading session, a report on the balance of visible trade of Japan will appear. At 15:00 (GMT+3:00) the FOMC member Dudley will give a speech.

 

20.06

On Tuesday, the Reserve Bank of Australia will publish the minutes of the meeting on monetary policy at 04:30 (GMT+3:00). Also, the data on the index of housing prices in Australia will be published.

 

At 09:30 (GMT+3:00) and 10:30 (GMT+3:00) there will be a press conference of the chairmen of the Central Banks of Switzerland and the UK. Later, the attention of the financial market participants will be directed to the speeches of the FOMC representatives Rosengren, Fisher, and Kaplan.

 

21.06

On Wednesday, the speech of the head of the Bank of Japan Kuroda will take place at 09:35 (GMT+3:00). At 17:00 (GMT+3:00), the National Association of Realtors of the United States will publish statistics on sales in the secondary housing market. At 17:30 (GMT+3:00) the data on crude oil reserves in the US will appear. This report may have an impact on the dynamics of commodity currencies.

 

22.06

On Thursday, the Reserve Bank of New Zealand will decide on further monetary policy in the country. Most experts believe that the regulator will keep the interest rate at the previous level of 1.75%.

 

At 15:30 (GMT+3:00), the Statistics Canada will publish a report on retail sales. At 17:00 (GMT+3:00) we expect the speech of the FOMC member Powell.

 

23.06

On Friday, there will be data on the GDP of France at 09:45 (GMT+3:00). We also expect statistics on business activity in Germany and the Eurozone.

 

At 15:30 (GMT+3:00), the consumer price index will be published in Canada. At 17:00 (GMT+3:00) we expect data on the sales of new housing in the US. We also recommend you to pay attention to the speeches of the FOMC representatives.

 

Best regards,

JustForex team

[JustForex]

Week`s Main Events

 

Dear forumers!

 

Last week, volatility and trading activity on the Forex market was weak. Investors are concerned about further Fed's decisions. The US continues to publish weak economic reports. Some representatives of the Central Bank believe that one should not hurry up with raising the range of the key interest rate before the end of this year.

 

As always, a number of important macroeconomic statistics will be published in the upcoming trading week.

 

26.06

On Monday, the IFO research institute will publish the business climate index in Germany at 11:00 (GMT+3:00). At 15:30 (GMT+3:00) the report on basic orders for durable goods in the US will appear.

 

We also recommend paying attention to the head of the ECB Draghi's speech at 20:30 (GMT+3:00).

 

27.06

On Tuesday, in the Asian trading session, the statistics on the balance of visible trade of New Zealand will be released. At 11:00 (GMT+3:00) ECB President Draghi will hold a press conference.

 

In the European trading session, we expect the report of the Bank of England on financial stability in the country and the head of the Central Bank Carney's speech.

 

At 17:00 (GMT+3:00) the consumer confidence index in the US will be published.

 

In the American trading session, the attention of the financial markets participants will be directed to the Chairman of the Federal Reserve Yellen's press conference.

 

28.06

On Wednesday, the speakers of the Central Bank of Japan, Canada, and Europe will speak at a banking forum in Portugal.

 

At 17:00 (GMT+3:00) the index of pending sales in the real estate market in the United States will be published. At 17:30 (GMT+3:00) there will be a report on the stocks of crude oil in the US. This statistics can have an impact on the dynamics of commodity currencies.

 

29.06

On Thursday, in the Asian trading session, the data on retail sales in Japan and the index of business activity in New Zealand will be released.

 

At 15:30 (GMT+3:00) the revised data on the US GDP (first quarter) and the number of initial applications for unemployment benefits will appear.

 

30.06

On Friday, there will be statistics on household spending and industrial production in Japan at 02:30 (GMT+3:00) and at 02:50 (GMT+3:00), respectively. At 04:00 (GMT+3:00) the reports on business activity in China will be published.

 

In the European trading session, investors' attention will be directed to the report on the labor market in Germany and the GDP statistics of the UK. At 12:00 (GMT+3:00) the data on inflation in the euro area will appear.

 

At 15:30 (GMT+3:00) we expect the data on Canada's GDP and individuals spendings in the US.

 

Best regards,

JustForex team

[JustForex]

Week`s Main Events

 

Dear forumers!

 

Last week, the US dollar significantly weakened against major world currencies. The dollar index (#DX) fell by more than 1.5%. In the near future, central banks of leading countries can raise the issue of tightening monetary policies. Ambiguous economic reports from the US raise doubts among investors that the Fed will raise the key interest rate this year.

 

In the upcoming trading week, we advise you to pay attention to the following events.

 

03.07

On Monday in the course of the Asian trading session, the Bank of Japan will publish a number of important indices from Tankan. At 04:45 (GMT+3:00) the data on business activity in the manufacturing sector of China will appear.

 

During the European trading session, the statistics on business activity in the manufacturing sector of Germany, the Eurozone, and the UK will be released. At 15:00 (GMT+3:00) the head of the Bank of England Carney will give a speech. At 17:00 (GMT+3:00) we expect the index of business activity in the US manufacturing sector.

 

Financial markets in Canada will be closed due to the holiday.

 

04.07

On Tuesday, the US celebrates Independence Day. Financial markets will be closed.

 

In the Asian trading session, the statistics on the volume of retail sales in Australia will be published. At 07:30 (GMT+3:00) the meeting of the Reserve Bank of Australia will take place. At the moment, most experts believe that the regulator will leave the interest rate at the previous level of 1.50%.

 

At 11:30 (GMT+3:00) the index of business activity in the construction sector of the UK will be published.

 

05.07

On Wednesday, the data on the index of business activity in the services sector of China will be released at 04:45 (GMT+3:00).

 

In the European trading session, a number of reports on business activity in the Eurozone and the UK will be published.

 

At 21:00 (GMT+3:00), the attention of the financial market participants will be directed to the publication of the FOMC protocols.

 

06.07

On Thursday, the Switzerland consumer price index will be published at 10:15 (GMT+3:00). Later, important economic reports from the US will appear - preliminary statistics on the labor market from ADP and the index of business activity in the non-production sector of the country.

 

In Canada, the data on the visible balance of trade and construction permits will be published at 15:30 (GMT+3:00).

 

At 18:00 (GMT+3:00) the statistics on crude oil reserves in the US will be released. This report can have an impact on the dynamics of the commodity currencies.

 

07.07

On Friday, the attention will be focused on the US and Canada labor market reports - 15:30 (GMT+3:00). We also recommend you to pay attention to statistics from the UK:

- The production volume in the manufacturing industry at 11:30 (GMT+3:00);

- The balance of visible trade at 11:30 (GMT+3:00).

 

Best regards,

JustForex team

[JustForex]

Week`s Main Events

 

Dear forumers!

 

On Friday, July 07, the US Bureau of Labor Statistics published a fairly upbeat report on the labor market. In June, 222,000 jobs were created in the non-agricultural sector of the country, which is more than the forecasted value of 179,000. The average hourly wage growth was 0.2% compared to the previous value of 0.1%. At the same time, the unemployment rate in the US increased to 4.4%. This statistics strengthened investors' expectations that the Fed could raise the key interest rate in December 2017.

 

In the upcoming trading week, we recommend you to pay attention to the following events.

 

Monday, July 10

 

On Monday, the news background will be pretty calm. At 04:30 (GMT+3:00), the consumer price index will be published in China. This statistics can have an impact on the dynamics of the Australian dollar.

 

Tuesday, July 11

 

On Tuesday, the publication of important economic reports is not planned. However, we advise you to pay attention to the following events:

 

- The volume of new homes construction in Canada - 15:15 (GMT+3:00);

- A number of open jobs in the JOLTS labor market - 17:00 (GMT+3:00);

- The FOMC member Kashkari's speech - 20:20 (GMT+3:00).

 

Wednesday, July 12

 

On Wednesday, the news background will be very eventful. At 17:00 (GMT+3:00) the Bank of Canada will hold a meeting on the monetary policy. At the moment, most experts believe that the regulator will raise the interest rate by 25 basis points to 0.75%.

 

The financial markets participants will also follow the Fed's Chairman Yellen's speech at 17:00 (GMT+3:00).

 

We recommend you to pay attention to the following economic reports:

 

- Statistics on the labor market in the UK - 11:30 (GMT+3:00);

- Crude Oil Inventories in the US - 17:30 (GMT+3:00);

- The Fed's Beige Book - 21:00 (GMT+3:00).

 

Thursday, July 13

 

On Thursday, China will publish statistics on trading. We also advise paying attention to the following events:

 

- The producer price index in the US - 15:30 (GMT+3:00);

- The Fed's Chairman Yellen's press conference - 17:00 (GMT+3:00).

 

Friday, July 14

 

On Friday, the attention will be focused on the reports on inflation and retail sales in the US at 15:30 (GMT+3:00). At the moment, most experts are expecting an improvement of the figures.

 

Best regards,

JustForex team

[JustForex]

Analytics from JustForex – Only Exclusive Materials!

 

 

Dear forumers,

 

In less than a month after the launch of new trading conditions, we have already prepared pleasant news for you. Most recently, we promised to start up an updated Analytics section. And today we are proud to announce that an exclusive material prepared by our team of experts is available on the website.

 

We want to say a few words about our team and the content which they prepared. Before launching the section, we investigated the analytical reviews and articles available on the Internet and held polls among our clients. As a result of this multi-week work, it was decided to prepare analytical materials using own resources in the format and volume that our traders need, rather than to copy and translate materials from other sources as other Forex brokers often do. Therefore, our company has developed an internal department of analytics, which includes professionals in the field of the financial markets technical and fundamental analysis and practising traders with many years of experience in the Forex industry.

 

We introduce you the following sections:

 

Market Overview. This is a daily review of news and events from around the world. Now there is no need to study the huge amount of news that appears in the Economic Calendar because our analysts have already done it for you. Every day they make an overview of events that may influence trading instruments. All you need is to read this review and take it into account in your trading strategy.

 

Daily Forecast. This is the forecast for the major currency pairs, which appears on the site every day during the trading week. It will tell you the direction of the market movement, as well as the events that affect these trading tools. The section is perfect for those who prefer to trade majors, but do not want to waste time on carrying out technical and fundamental analysis. You just have to study the content and take note of it.

 

Price Action Analysis. Many experienced traders are aware of this technique of technical analysis, and possession of it is considered to be an advantage which opens new prospects for the Forex trader. Our analysts have studied the ins and outs of this (technical) analysis and confirmed their skills in practice. They monitor the formation of patterns on major currency pairs daily and quickly publish information on the site if they appear.

 

Chart Patterns. This is a method of technical analysis, which is used by most traders around the world. There are several dozen figures of technical analysis that you can independently study and apply in practice, or you can just use the materials from our analysts. With their help, you will save time and improve the technical analysis and trading skills.

 

COT Reports Analysis. The material in this section is based on an analysis of the COT (Commitments of Traders) reports provided by the US Commodity Futures Trading Commission (CFTC). They make it possible to understand what positions the major players such as world banks or investment funds take, and thus to find out the direction of the money movement, which, as you know, is the engine of the Forex market. That is why our analysts love these weekly reports, analyze them and share their findings with you.

 

Also, we remind that, as before, JustForex clients can use the analytics from Trading Central, which is available in the Back Office, and add its trading indicator for the MetaTrader 4 platform.

 

We are confident that our analytical materials will be useful to all traders, regardless of the trading experience, and will make the trading process more comfortable and easy. We wish you profitable trades with JustForex!

 

Best regards,

JustForex team

[JustForex]

Week`s Main Events

 

Dear forumers!

 

Last week, Yellen, the Fed Chairman, said that the gradual tightening of the monetary policy would be justified. At the same time, the head of the Central Bank did not tell the exact terms for raising the interest rate. The key factor should be the level of inflation. On Friday, July 14, the weak economic reports from the United States were published. In June, the basic indices of consumer prices and retail sales were 0.1% and -0.2%, respectively. At the moment, the probability of an increase in the Fed interest rate in December this year fell to 43.1%.

 

In the upcoming trading week, we recommend you to pay attention to the following events.

 

Monday, July 17

 

On Monday, the reports on GDP and the volume of industrial production in China will appear at 05:00 (GMT+3:00).

 

At 12:00 (GMT+3:00) Eurostat will publish data on inflation in the Eurozone.

 

Tuesday, July 18

 

On Tuesday, the following economic reports will be in the focus of attention:

 

- New Zealand consumer price index at 01:45 (GMT+3:00);

- The minutes of the meeting on the monetary policy of the Reserve Bank of Australia at 04:30 (GMT+3:00);

- Statistics on inflation in the UK at 11:30 (GMT+3:00);

- Economic sentiment indices from ZEW in Germany and the Eurozone at 12:00 (GMT+3:00).

 

At 16:00 (GMT+3:00) the head of the Bank of England, Carney, will hold a press conference.

 

Wednesday, July 19

 

On Wednesday, a number of statistics on the real estate market in the US will be published at 15:30 (GMT+3:00).

 

At 17:30 (GMT+3:00) a report on the crude oil inventories in the US will be released. This statistics can have an impact on the dynamics of the commodity currencies.

 

Thursday, July 20

 

On Thursday, the news background will be eventful with important economic reports. There will be meetings of the Bank of Japan and the ECB. At the moment, most experts believe that regulators will leave interest rates unchanged at -0.10% and 0.00%, respectively. At the same time, it is necessary to pay attention to the comments of the Central Banks representatives.

 

The following economic reports will also be published:

 

- Statistics on the labor market in Australia - 04:30 (GMT+3:00);

- Publication of data on retail sales in the UK - 11:30 (GMT+3:00);

- The index of production activity from the Federal Reserve Bank of Philadelphia - 15:30 (GMT+3:00).

 

Friday, July 21

 

On Friday, Statistics Canada will publish reports on inflation and retail sales at 15:30 (GMT+3:00).

 

Best regards,

JustForex team

 

[JustForex]

Improvement Of The Trading Infrastructure

 

Dear forumers,

 

We continue to improve our trading infrastructure to give you the best conditions for a comfortable trading on the Forex market. We are expanding the network of proxy servers, and we also transfer servers to the Equinix NY4 data center in New York, which is the trading infrastructure hub of the international financial market leaders. It will provide the stability and the highest quality of trading for all JustForex clients, wherever they are.

 

In this regard, we draw your attention to the fact that on July 22, technical works will be provided on the site and during this period the following options won't be available:

 

- Trading on crypto accounts;

- Opening of new trading accounts;

- Opening of demo accounts;

- Balance operations.

 

Best regards,

JustForex team

[JustForex]

 

 Week`s Main Events

 

Dear forumers!

 

Last week, the US dollar continued to lose ground relative to the majors. The Fed, as expected, left the monetary policy at the same level. The Central Bank reported weak prospects of the inflation growth, which is currently below the target level of 2%. On Friday, July 28, a mixed statistics on the US GDP was published. These events put considerable pressure on the American currency. At the moment, participants of the financial markets estimate the possibility of increasing the range of the Fed's key interest rate in December of this year to be rather weak.

 

In the upcoming trading week, we recommend you to pay attention to the following economic reports and events.

 

Monday, July 31

On Monday in the Asian trading session, the statistics on business activity in the manufacturing sector of China will be published at 04:00 (GMT+3:00).

 

In the European trading session, investors' attention will be directed to the inflation report (July) in the Eurozone at 12:00 (GMT+3:00).

 

At 17:00 (GMT+3:00) the index of unfinished sales in the US real estate market will be released.

 

Tuesday, August 01

On Tuesday, the news background will be very eventful. The Reserve Bank of Australia will decide on the interest rate at 07:30 (GMT+3:00). Most experts believe that the regulator will leave the interest rate at the previous level of 1.50%.

 

We also recommend you to pay attention to the following economic reports:

- The index of business activity in the manufacturing sector of China from Caixin at 04:45 (GMT+3:00);

- The index of business activity in the manufacturing sector and statistics on the labor market in Germany at 10:55 (GMT+3:00);

- The statistics on business activity in the UK manufacturing sector at 11:30 (GMT+3:00);

- The preliminary data on the GDP of the Eurozone (2 sq.) at 12:00 (GMT+3:00);

- The index of business activity in the manufacturing sector from ISM in the US at 17:00 (GMT+3:00).

 

Wednesday, August 02

On Wednesday in the Asian trading session, a report on the labor market in New Zealand will be published at 01:45 (GMT+3:00).

 

At 11:30 (GMT + 3:00) the data on business activity in the construction sector in the UK will be released.

 

At 15:15 (GMT+3:00) the preliminary statistics on the labor market in the US from ADP will be released. A little bit later at 17:30 (GMT+3:00), a report on Crude Oil Inventories in the US, which may affect the dynamics of commodity currencies, will be published.

 

Thursday, August 03

On Thursday, the news background will be very eventful as well. At 14:00 (GMT+3:00) there will be a meeting of the Bank of England. Participants of the financial markets expect that the regulator will keep the interest rate at the previous level of 0.25%. At the same time, it is necessary to pay attention to the comments and rhetoric of the Central Bank representatives.

 

Investors will follow the economic reports:

- The trade of balance in Australia at 04:30 (GMT+3:00);

- The statistics on business activity in the services sector of the UK at 11:30 (GMT+3:00);

- The index of business activity in the non-manufacturing sector of the US from ISM at 17:00 (GMT+3:00).

 

Friday, August 04

On Friday, investors' attention will be directed to the labor market statistics in the US and Canada at 15:30 (GMT+3:00). These reports will have a significant impact on the dynamics of the majors.

 

We also recommend you to consider the following statistics while trading:

- The volume of retail sales in Australia at 04:30 (GMT+3:00);

- The Ivey business activity index at 17:30 (GMT+3:00).

 

Best regards,

JustForex team 

 

[JustForex]

Week`s Main Events

 

Dear forumers!

 

On Friday, August 4, the US Department of Labor published a positive report on the labor market, that caused a sharp demand for the US currency. The dollar index (#DX) finished the trading session in a positive zone (+0.77%). In July, 209,000 jobs were created in the non-agricultural sector of the United States. Market expectations were at the level of 183,000. Average hourly earnings increased by 0.3%. The unemployment rate fell to 4.3%. This statistics reinforced the expectations of another increase in the Fed's interest rate this year among the financial markets participants.

 

In the upcoming trading week, we recommend you to pay attention to the following economic reports and events.

 

Monday, August 07

 

On Monday, reports on inflation will be published in New Zealand and Switzerland - 06:00 (GMT+3:00) and 10:15 (GMT+3:00). We also recommend you to pay attention to the speeches of the FOMC representatives Bullard and Kashkari - 18:45 (GMT+3:00) and 20:25 (GMT+3:00), respectively.

 

Financial markets in Canada will be closed due to the holiday.

 

Tuesday, August 08

 

On Tuesday, during the Asian trading session, the National Bureau of Statistics of China will publish data on the trade balance of the country. This statistics can have a significant impact on the dynamics of the Australian dollar.

 

The number of open vacancies in the labor market JOLTS - 17:00 (GMT+3:00).

 

Wednesday, August 09

 

On Wednesday, we recommend you to pay attention to the following economic reports:

- consumer price index in China - 04:30 (GMT+3:00);

- statistics on the labor market in the US - 15:30 (GMT+3:00);

- crude oil reserves in the US - 17:30 (GMT+3:00). This report can have a significant impact on the dynamics of commodity currencies.

 

Thursday, August 10

 

On Thursday, the meeting of the Reserve Bank of New Zealand will be in the focus of attention. At the moment, most experts believe that the regulator will leave the interest rate at the previous level of 1.75%. The central bank will publish an overview of the current macroeconomic situation.

 

We also recommend to pay attention to the following statistics:

- production volume in the manufacturing industry in the UK - 11:30 (GMT+3:00);

- producer price index in the US - 15:30 (GMT+3:00);

 

At 17:00 (GMT+3:00) the FOMC member Dudley will give a speech.

 

Friday, August 11

 

On Friday, investors' attention will be focused on the report on inflation in the US - 15:30 (GMT+3:00). Experts expect that the base consumer price index for July will increase by 0.2%.

 

At 16:40 (GMT+3:00) and 18:30 (GMT+3:00) we expect the speeches of the FOMC representatives Kaplan and Kashkari.

 

Best regards,

JustForex team

[JustForex]

Week`s Main Events

 

The US currency is under pressure after the publication of a weak inflation report in the US. On Friday, August 11, the dollar index (#DX) closed in the negative zone (-0.36%). In July, the consumer price index in the US was 0.1%. Experts expected the growth rate of 0.2%. It should be recalled that earlier the FOMC representative W. Dudley was concerned about the low level of inflation in the country. The official believes that the growth of the US economy can be modest.

 

In the upcoming trading week, we recommend you to pay attention to the following economic reports and events.

 

Monday, August 14

On Monday in the Asian trading session, statistics on retail sales in New Zealand will be published. At 02:50 (GMT+3:00) there will be preliminary data on Japan's GDP for the second quarter. China will publish reports on the fixed assets investments and the industrial production volume at 05:00 (GMT+3:00). This statistics can have an impact on the dynamics of the Australian dollar.

 

The news background on the economy of the Eurozone and the US will be calm.

 

Tuesday, August 15

On Tuesday, the Reserve Bank of Australia will publish the Minutes of the meeting on monetary policy at 04:30 (GMT+3:00).

 

We advise paying attention to the following economic reports:

- Preliminary data on GDP in Germany at 09:00 (GMT+3:00);

- An inflation report in the UK at 11:30 (GMT+3:00);

- Statistics on retail sales in the US at 15:30 (GMT+3:00).

 

Wednesday, August 16

On Wednesday, we expect a report on the labor market in the UK and data on the Eurozone GDP at 11:30 (GMT+3:00) and 12:00 (GMT+3:00), respectively.

 

At 15:30 (GMT+3:00) there will be a series of statistics on the real estate market in the United States.

 

In the American trading session, the attention of the financial market participants will be focused on the publication of the FOMC protocols at 21:00 (GMT+3:00).

 

Thursday, August 17

On Thursday, the news background will be quite eventful. In the Asian trading session, the statistics on the trade balance of Japan and the report on the labor market in Australia will appear at 02:50 (GMT+3:00) and 04:30 (GMT+3:00) respectively.

 

At 11:30 (GMT+3:00), the National Statistical Office of Great Britain will publish a report on retail sales. At 12:00 (GMT+3:00) the revised data on inflation in the Eurozone and the ECB monetary policy meeting minutes will appear.

 

At 15:30 (GMT+3:00) we expect the index of production activity from the Federal Reserve Bank of Philadelphia.

 

Friday, August 18

On Friday, investors' attention will be focused on the report on inflation in Canada at 15:30 (GMT+3:00).

 

Indices of consumers' expectations and sentiments from the University of Michigan will be published at 17:00 (GMT+3:00).

 

Best regards,

JustForex team

[JustForex]

Week`s Main Events

 

Last week, the US dollar showed mixed results relative to the majors. The growing political risks in the White House continue to put pressure on the US currency. Representatives of the Fed are concerned about the low inflation level in the country. At the same time, several optimistic reports on the US economy were published.

 

In the upcoming trading week, we recommend you to pay attention to the following events.

 

Monday, August 21

On Monday, the news background will be pretty calm. The publication of important statistics on the economy of the Eurozone and the US is not planned. At 15:30 (GMT+3:00) the data on the volume of wholesale sales in Canada will be released.

 

Tuesday, August 22

On Tuesday, we expect ZEW economic sentiment indices in Germany and the Eurozone at 12:00 (GMT+3:00).

 

At 15:30 (GMT+3:00), the Statistics Canada will publish a report on retail sales.

 

Wednesday, August 23

On Wednesday, ECB President Draghi will give a speech at 10:00 (GMT+3:00). In the European trading session, a number of indices on business activity in Germany and the Eurozone will be published at 10:30 (GMT+3:00) and 11:00 (GMT+3:00), respectively.

 

At 17:00 (GMT+3:00) there will be statistics on the real estate market in the US.

 

We also recommend you to pay attention to the report on crude oil inventories in the US at 17:30 (GMT+3:00). This statistics can have an impact on the dynamics of the commodity currencies.

 

Thursday, August 24

From Thursday to Saturday, investors will follow the annual meeting of the Central Bank chairmen, which will be held in Jackson Hole. Janet Yellen and Mario Draghi will present their reports on the monetary policy.

 

We also recommend you to pay attention to the following economic reports:

- Revised data on the UK GDP at 11:30 (GMT+3:00);

- Sales in the secondary housing market in the US at 17:00 (GMT+3:00).

 

Friday, August 25

On Friday in the Asian trading session, the statistics on inflation in Japan will appear at 02:30 (GMT+3:00).

 

Investors will follow economic reports from Germany:

- The GDP data at 09:00 (GMT+3:00);

- The IFO business climate index at 11:00 (GMT+3:00).

 

The statistics on orders for durable goods in the US will be published at 15:30 (GMT+3:00).

 

We also recommend paying attention to the speeches of the Fed and ECB Chairmen at 17:00 (GMT+3:00) and 22:00 (GMT+3:00), respectively.

 

Best regards,

JustForex team

 

[JustForex]

Week`s Main Events

 

Last week, the attention was focused on the Jackson Hole summit. The Fed Chairman Janet Yellen did not announce the specific plans for the further monetary policy, which put pressure on the US currency. On Friday, August 25, the US dollar significantly weakened against the "majors". The dollar index (#DX) fell by more than 0.5%.

 

In the upcoming trading week, we recommend you to pay attention to the following economic reports.

 

Monday, August 28

On Monday, the news background will be calm. The publication of important economic reports is not planned. Financial markets in the UK will be closed due to the holiday.

 

Tuesday, August 29

On Tuesday, the Asian trading session the household spending index in Japan will be published at 02:30 (GMT+3:00).

 

At 17:00 (GMT+3:00) we expect the consumer confidence index in the US.

 

Wednesday, August 30

On Wednesday, the news background will be quite eventful. We recommend you to pay attention to the following statistics:

- Building permits in Australia at 04:30 (GMT+3:00);

- A preliminary report on the labor market in the US from ADP at 15:15 (GMT+3:00);

- Revised data on the US GDP (2nd quarter) at 15:30 (GMT+3:00);

- Crude Oil Inventories in the US at 17:30 (GMT+3:00). This report may have an impact on the dynamics of the commodity currencies.

 

Thursday, August 31

On Thursday, China will publish statistics on business activity at 04:00 (GMT+3:00).

 

In the European trading session, a report on the labor market in Germany and preliminary data on inflation in the Eurozone are expected at 10:55 (GMT+3:00) and 12:00 (GMT+3:00).

 

At 15:30 (GMT+3:00), the Statistics Canada will publish data on the country's GDP.

 

At 17:00 (GMT+3:00) the index of pending sales in the real estate market of the US will be released.

 

Friday, September 01

On Friday, investors' attention will be focused on the report on the labor market in the US at 15:30 (GMT+3:00).

 

We also recommend paying attention to the following statistics:

- The index of business activity in the manufacturing sector of China from Caixin at 04:45 (GMT+3:00);

- Data on business activity in the manufacturing sector of Germany and the UK at 10:55 (GMT+3:00) and 11:30 (GMT+3:00), respectively.

 

Best regards,

JustForex team

[JustForex]

Week`s Main Events

 

Weak economic reports, a strained situation on the Korean peninsula, the aftermath of Hurricane Harvey and political instability in the White House continue to put pressure on the US dollar. Last week, the decline in the dollar index (#DX) exceeded 1.5%. The probability of increasing the range of the Fed's key interest rate in December of this year fell to 36.2%.

 

In the upcoming trading week, we recommend you to pay attention to the following macroeconomic events and reports.

 

Monday, September 11

 

On Monday, the news line will be pretty calm. At 07:30 (GMT+3:00) the statistics on business activity in the service sector of Japan will be released.

 

At 15:15 (GMT+3:00), Canada will publish data on the volume of new houses construction.

 

Tuesday, September 12

 

On Tuesday, the National Statistical Office of Great Britain will publish an inflation report at 11:30 (GMT+3:00). At the moment, most experts expect the growth of the key indicators.

 

At 17:00 (GMT+3:00) the data on the number of open jobs in the JOLTS labor market will appear.

 

Wednesday, September 13

 

On Wednesday, the news background will be very eventful. We recommend you to pay attention to the following economic reports:

- Statistics on the labor market in the UK at 11:30 (GMT+3:00);

- The volume of industrial production in the Eurozone at 12:00 (GMT+3:00);

- Data on the producer price index in the US at 15:30 (GMT+3:00);

- Crude Oil Inventories in the US at 17:30 (GMT+3:00). This report may have an impact on the dynamics of the commodity currencies.

 

Thursday, September 14

 

On Thursday, the meetings of the National Bank of Switzerland and the Bank of England will take place, at which the decisions on further monetary policy will be taken. At the moment, most experts believe that regulators will leave interest rates unchanged at -0.75% and 0.25%, respectively. At the same time, it is necessary to pay attention to the comments of the Central Banks representatives.

 

A number of important statistical data will also be published:

- A report on the labor market in Australia at 04:30 (GMT+3:00);

- The volume of industrial production in China at 05:00 (GMT+3:00);

- Statistics on inflation in the US at 15:30 (GMT+3:00).

 

Friday, September 15

 

On Friday in the Asian trading session, the data on business activity in the manufacturing sector of New Zealand will occur at 01:30 (GMT+3:00).

 

The US will publish important economic reports:

- Statistics on retail sales at 15:30 (GMT+3:00);

- The index of manufacturing activity NY Empire State at 15:30 (GMT+3:00);

- The volume of industrial production at 16:15 (GMT+3:00);

- Indices of consumers' expectations and sentiments from the University of Michigan at 17:00 (GMT+3:00).

 

Best regards,

JustForex team

 

 

[JustForex]

Week`s Main Events

 

Last week the majors showed mixed results. The dollar index (#DX) left at the previous levels and completed the trading week with a slight increase (+0.3%). The pound showed the best results. GBP/USD rose by more than 400 points. The currency of Great Britain renewed the annual maximum.

 

In the upcoming trading week, we recommend you to pay attention to the following macroeconomic events and reports.

 

Monday, September 18

 

On Monday, the news background will be quite eventful. At 12:00 (GMT+3:00) a report on inflation in the Eurozone will be published.

 

At 18:00 (GMT+3:00) the head of the Bank of England Carney will give a speech.

 

Tuesday, September 19

 

On Tuesday in the Asian trading session, the Reserve Bank of Australia (RBA) Monetary Policy Meeting Minutes will appear at 04:30 (GMT+3:00).

 

We recommend you to pay attention to the following economic reports:

- The ZEW Economic Sentiment in Germany and the Eurozone at 12:00 (GMT+3:00);

- Statistics on the real estate market in the US at 15:30 (GMT+3:00);

- The data on trade in the USA at 15:30 (GMT+3:00).

 

Wednesday, September 20

 

On Wednesday, the news background will be very eventful. In the Asian trading session, we expect a number of important statistical data on the trade balance of New Zealand and Japan at 01:45 (GMT+3:00) and at 02:50 (GMT+3:00), respectively.

 

At 11:30 (GMT+3:00), the National Statistical Office of Great Britain will publish a report on retail sales in the country.

 

Economic reports from the USA:

- Sales in the secondary housing market at 17:00 (GMT+3:00);

- Crude Oil Inventories at 17:30 (GMT+3:00).

 

At 21:00 (GMT+3:00) there will be a meeting of the US Federal Reserve System. Most experts believe that the regulator will leave the range of the key interest rate at the previous level of 1.00-1.25%. We recommend paying attention to the comments of the Central Bank representatives and the economic forecasts of the FOMC.

 

Thursday, September 21

 

On Thursday, the attention will be focused on the meeting of the Bank of Japan. Participants of the financial markets expect that the regulator will leave the interest rate unchanged at -0.10%.

 

We also expect the publication of important economic reports:

- New Zealand GDP data at 01:45 (GMT+3:00);

- The index for manufacturing from the Federal Reserve Bank of Philadelphia at 15:30 (GMT+3:00).

 

At 16:30 (GMT+3:00) the head of ECB Draghi will give a speech.

 

Friday, September 22

 

On Friday, investors' attention will be focused on the publication of a number of statistics on business activity in Germany and the Eurozone at 10:30 (GMT+3:00) and 11:00 (GMT+3:00).

 

At 15:30 (GMT+3:00) the reports on inflation and retail sales in Canada will be published.

Best regards,

JustForex team

 

[JustForex]

Week`s Main Events

 

Last week, the "majors" showed a variety of trends. Demand for the US dollar increased significantly after the Fed's decision. The regulator plans to begin cutting assets on its balance sheet in October this year, which is $4.5 trillion. The central bank also published quite optimistic economic forecasts. The probability of increasing the range of the Fed's key interest rate in December of this year increased to 71.4%. Nevertheless, the US currency lost its achievements quite quickly.

 

In the upcoming trading week, we recommend you to pay attention to the following macroeconomic events and reports.

 

Monday, September 25

 

On Monday, the news background will be fairly calm. At 11:00 (GMT+3:00) the IFO business climate index for Germany will be published.

 

At 16:00 (GMT+3:00) the head of the ECB Draghi will give a speech.

 

Tuesday, September 26

 

On Tuesday, in the Asian trading session, the data on the balance of trade balance of New Zealand will appear at 00:45 (GMT+3:00). At 02:50 (GMT+3:00) the minutes of the meeting on the monetary policy of the Bank of Japan will be published.

 

The publication of important economic reports from the Eurozone is not planned.

 

We recommend paying attention to statistics from the USA:

- The consumer confidence index of CB at 17:00 (GMT+3:00);

- Sales of new housing at 17:00 (GMT+3:00);

 

At 19:45 (GMT+3:00) the Fed's chairman Yellen will give a speech.

 

Wednesday, September 27

 

On Wednesday, we expect the publication of important economic reports:

- Statistics on orders for durable goods in the US at 15:30 (GMT+3:00);

- The index of pending sales in the real estate market in the US at 17:00 (GMT+3:00);

- Crude Oil Inventories in the US at 17:30 (GMT+3:00).

 

At 18:45 (GMT+3:00) the Governor of the Bank of Canada Poloz will give a speech.

 

At 23:00 (GMT+3:00) the meeting of the Reserve Bank of New Zealand will take place. At the moment, most experts believe that the regulator will leave the interest rate at the previous level of 1.75%.

 

Thursday, September 28

 

On Thursday in the European trading session, participants of the financial markets will follow the head of the Bank of England Carney's speech at 11:15 (GMT+3:00).

 

At 15:30 (GMT+3:00) statistics on GDP and trade balance of the United States will be released.

 

We recommend you to pay attention to the speeches of the FOMC representatives George and Fisher at 16:45 (GMT+3:00) and at 17:15 (GMT+3:00), respectively.

 

Friday, September 29

 

On Friday, the news background will be very eventful. In the Asian trading session, a number of important statistics on the Japanese economy will be published: household expenditures, inflation report, industrial production and retail sales in the country. At 04:45 (GMT+3:00) the index of business activity in the manufacturing sector of China from Caixin will be released.

 

In the European trading session, investors' attention will be focused on the following economic reports:

- Statistics on the labor market in Germany at 10:55 (GMT+3:00);

- The UK GDP data at 11:30 (GMT+3:00);

- A report on inflation in the Eurozone at 12:00 (GMT+3:00).

 

At 15:30 (GMT+3:00) we expect statistics on the individuals' expenditures in the US and the report on Canada's GDP.

 

At 17:15 (GMT+3:00) the head of the ECB Draghi will give a speech.

 

Best regards,

JustForex team

 

[JustForex]

Week`s Main Events

 

Last week, the US dollar strengthened against the majors. The dollar index (#DX) increased by more than 1%. The Fed's Chairman Janet Yellen said that a gradual increase in interest rates would be appropriate, despite weak inflation in the country. At the same time, some representatives of the FOMC took a cautious attitude on this issue. At the moment, the probability of tightening the Fed's monetary policy in December this year rose to 81.7%.

 

In the upcoming trading week, we recommend you to pay attention to the following macroeconomic events and reports.

 

Monday, October 02

 

On Monday in the Asian trading session, a number of important statistical data on the Japanese economy from Tankan will be published at 02:50 (GMT+3:00).

 

We recommend you to pay attention to the following economic reports:

 

- Indices of business activity in the manufacturing sectors of Germany and the Eurozone at 10:55 (GMT+3:00) and 11:00 (GMT+3:00);

- The index of business activity in the manufacturing sector of the UK at 11:30 (GMT+3:00);

- The Eurozone unemployment rate at 12:00 (GMT+3:00);

- The index of business activity in the manufacturing sector of the US from ISM at 17:00 (GMT+3:00).

 

China's financial markets will be closed due to the holiday.

 

Tuesday, October 03

 

On Tuesday, the proceedings of the Reserve Bank of Australia will take place in the Asian trading session. At the moment, most experts believe that the regulator will leave the key interest rate at the previous level of 1.50%.

 

At 11:30 (GMT+3:00) the data on business activity in the construction sector in the UK will be released.

 

The financial markets of China and Germany will be closed due to the holiday.

 

Wednesday, October 04

 

On Wednesday in the European trading session, a number of indices on business activity in Germany and the Eurozone will be published at 10:55 (GMT+3:00) and 11:00 (GMT+3:00), respectively. At 11:30 (GMT+3:00) the index of business activity in the services sector of Great Britain will appear.

 

We advise paying attention to statistics on the US economy:

- A preliminary report on the labor market from ADP at 15:15 (GMT+3:00);

- The index of business activity in the non-manufacturing sector from ISM at 17:00 (GMT+3:00);

- Crude Oil Inventories at 17:30 (GMT+3:00). This report may have an impact on the dynamics of commodity currencies.

 

We also look forward to the speech of the ECB head Draghi and the Fed's chairman Yellen.

 

China's financial markets will be closed due to the holiday.

 

Thursday, October 05

 

On Thursday reports on the volume of retail sales and trade balance of Australia will appear at 03:30 (GMT+3:00) in the Asian trading session.

 

At 14:30 (GMT+3:00) we are waiting for the ECB meeting minutes on the monetary policy.

 

At 15:30 (GMT+3:00) the Statistics Canada will publish a report on the country's trade balance.

 

We also recommend you to pay attention to the speeches of the FOMC representatives.

 

China's financial markets will be closed due to the holiday.

 

Friday, October 06

 

On Friday, investors' attention will be focused on the US and Canadian labor market reports at 15:30 (GMT+3:00). Most experts expect deterioration in the key indicators.

 

At 17:00 (GMT+3:00) the index of business activity in Canada from Ivey will be published.

 

China's financial markets will be closed due to the holiday.

 

Best regards,

JustForex team

 

 

 

[JustForex]

JustForex is available in Telegram

 

Dear forumers!

 

From this day, you don't have to spend time looking for the necessary information about finance and its analysis. Our analysts will do it on their own: they will write a review of the market, make a forecast for currency pairs and send it to your phone.

 

But that's not all! You need to be at the computer no longer - it's enough to have a mobile phone with an access to the Internet and fresh information will always be at hand. Easy, isn't it?

 

To subscribe to our channel, just search @JustForexOfficial and add it to your contacts.

 

Best regards,

JustForex team

[JustForex]

Trading Wars Contest

 

Dear forumers!

The trading contest for real Forex Jedi knights has started. Two stages. The prize fund of 25 000 USD. Just from October 6, 2017, till October 22, 2017, register in the first stage of the contest to win one of the money prizes.

Steps on the way to your prize:

• Open Mini, Standard or ECN Zero account;
• Deposit this account with at least 500 USD;
• Register for the contest using a nickname;
• Start contest trading on October 23, 2017.

There will be only 10 winners determined by the Profit points: Profit points = Total Profit × Profitable days.

May the profit be with you!

To learn more about the contest follow this page.

Kind regards,
JustForex team

[JustForex]

Week`s Main Events

 

On Friday, the attention of financial market participants was focused on the report on the US labor market. In September, the number of people employed in the non-agricultural sector of the country decreased by 33,000. This is due to the aftermath of hurricanes Harvey and Irma. At the same time, the average hourly wage rose by 0.5%, which is higher than the market expectations of 0.3%. The unemployment rate fell by 0.2% to 4.2%. The dollar index (#DX) closed the trading week in the positive zone (+0.78%).

 

In the upcoming trading week, we recommend you to pay attention to the following macroeconomic events and reports.

 

Monday, October 09

 

On Monday, the news background will be fairly calm. In the Asian trading session, the data on business activity in the services sector of China from Caixin will appear at 04:45 (GMT+3:00).

 

At 09:00 (GMT+3:00) we expect statistics on the volume of industrial production in Germany.

 

The financial markets of Canada and Japan will be closed due to the holiday.

 

Tuesday, October 10

 

On Tuesday, the attention will be focused on economic reports from the UK. At 11:30 (GMT+3:00) the data on the volume of industrial production and the trade balance of the country will be released.

 

At 17:00 (GMT+3:00) the FOMC member Kashkari will give a speech.

 

Wednesday, October 11

 

On Wednesday, investors' attention will be focused on the publication of the FOMC protocols. This report may indicate the time of the next interest rate increase. At the moment, the probability of tightening the Fed's monetary policy in December this year is at the level of 91.7%.

 

At 17:00 (GMT+3:00) the data on the number of open jobs in the JOLTS labor market will appear.

 

Thursday, October 12

 

On Thursday, we recommend you to pay attention to the following economic reports:

- The volume of industrial production of the Eurozone at 12:00 (GMT+3:00);

- The producer price index in the US at 15:30 (GMT+3:00);

- Crude Oil Inventories in the US at 18:00 (GMT+3:00). This statistics can have an impact on the dynamics of the commodity currencies.

 

At 17:30 (GMT+3:00) the ECB head Draghi will give a speech.

 

Friday, October 13

 

On Friday, the news background will be quite eventful. In the Asian trading session, there will be data on China's trade balance.

 

At 15:30 (GMT+3:00) we expect reports on inflation and retail sales in the US.

 

Best regards,

JustForex team

 

 

 

[JustForex]

Week`s Main Events

 

On Friday, October 13, the US published mixed economic reports. The currency majors showed a variety of trends. In September, the base consumer price index increased by 0.1%, which is less than the forecasted value of 0.2%. At the same time, the base retail sales index grew by 1.0%. Experts expected the figure of 0.3%. At the moment, the probability of tightening the Fed's monetary policy in December 2017 is still remaining at a fairly high level of 81.7%.

 

In the upcoming trading week, we recommend you to pay attention to the following macroeconomic events and reports.

 

Monday, October 16

 

On Monday, the news background will be fairly calm. In the Asian trading session, the report on inflation in China will be published at 04:30 (GMT+3:00).

 

At 12:00 (GMT+3:00) the data on the trade balance of the Eurozone will appear.

 

Tuesday, October 17

 

On Tuesday, we expect publication of important economic reports:

- New Zealand consumer price index at 00:45 (GMT+3:00);

- The minutes of the meeting on the monetary policy of the Reserve Bank of Australia at 03:30 (GMT+3:00);

- The inflation report in the UK at 11:30 (GMT+3:00);

- A number of indices of economic sentiments from ZEW in Germany and in the Eurozone at 12:00 (GMT+3:00);

- The consumer price index in the Eurozone at 13:00 (GMT + 3: 00);

- The export and import prices indices in the USA at 15:30 (GMT+3:00).

 

We advise you to pay attention to Carney's, the head of the Bank of England, speech.

 

Wednesday, October 18

 

On Wednesday, investors will follow the speech of the ECB President Mario Draghi. We also recommend you to pay attention to the following statistics:

- The report on the UK labor market at 11:30 (GMT+3:00);

- Statistics on the real estate market in the US at 15:30 (GMT+3:00);

- Crude Oil Inventories in the US at 17:30 (GMT+3:00). This report may have an impact on the commodity currencies dynamics.

- The Fed's Beige Book at 21:00 (GMT+3:00).

 

Thursday, October 19

 

On Thursday, the news background will be very eventful. In the Asian trading session, we expect important economic reports:

- Statistics on the trade balance of Japan at 02:50 (GMT+3:00);

- The report on the Australian labor market at 03:30 (GMT+3:00);

- The data on China's GDP (3rd quarter) at 05:00 (GMT+3:00).

 

At 11:30 (GMT+3:00) the National Statistical Office of Great Britain will publish a report on retail sales.

 

At 15:30 (GMT+3:00) we expect the index of production activity from the Federal Reserve Bank of Philadelphia.

 

Friday, October 20

 

On Friday, the attention will be focused on inflation reports and retail sales in Canada at 15:30 (GMT+3:00).

 

At 17:00 (GMT+3:00) we expect statistics on sales in the secondary housing market of the United States.

 

Best regards,

JustForex team