The Quotes are powered by Investing.com

Thursday, May 1, 2014

iForex Trading Platfrom

Introduction:
The world of Forex trading has grown tremendously within the last 5 years because of its flexibility as a new form of international exchange market. Never before have currency traders been able to work with the many options for deciding how to invest currency with a feeling of security. With so many various platforms available, it's a bit confusing on which trading platform truly is keeping the customer as their first interest. New and experienced currency traders should look no further than the iForex trading platforms for all of their international currency needs.

The Benefits of iForex:
The iForex platform offers currency traders online, desktop and mobile applications each synced together for the trader's preferences. The mobile application of iForex offers more than just the top 7 currency pairs to select from, there are more than 120 available to trade, watch or gain valuable data upon at a moments notice. The downloadable version of iForex is the popular option for experienced traders looking to keep all the information for making an informed decision right in front of them on a single screen for convenience. Finally, the online trading platform holds all the benefits of the mobile app and is the best alternative for those who have heightened security packages preventing them from downloading iForex's software.

iForex vs Competitors:
As stated earlier, there is plenty of other software packages available that offer forex advice, but at what cost are the free bits of information to your trading profile? The OANDA trading platform offers both mobile and desktop applications with many of the same customer features as iForex; however, their customization package for the desktop doesn't allow for single screen display at a single time. This could be a problem for someone learning currency trading, but the experienced trader prefer's everything in front with order, not scrolling or popping up across the screen. Hirose Financial is another trading platform popular within Europe, however they don't offer any guarantee on stop-loss benefits, which could be a deal breaker for most inexperienced traders.

Conclusion:
In all, iForex is one of the better choices to use for currency trading platforms not because of the multiple benefits and features, it's because iForex's level of continuous service to customers. They are always looking to improve the client experience constantly. Their dedication to making sure customer's have all the ingredients to invest wisely is second to none.


Sunday, April 13, 2014

The U.S. Dollar Rises Again

The Greenback rallies; the Loonie and Euro fall.

I was a bit perplexed, to be honest, as to why the U.S. Dollar has been advancing of late, despite the Federal Reserve's consistent attempts, it would seem, to debase it. But the economy and markets are volatile institutions, and even a seasoned old trader like myself is, I hesitate to write, wrong on occasion.

But of course I'm happy to see the dollar going up, and through some last minute trades on iFOREX I haven't suffered too much despite my initially incorrect predictions. I recovered just enough as the Dollar advanced yet again against the Loonie and Euro on the heels of some favorable inflation metrics. This can be contrasted against the ongoing, potentially detrimental "lowflation" in the Euro-zone; interest rates can, contrary to popular opinion, get too low. Fortunately for Europe, those rates haven't stunted any Euro-zone recovery yet, and the April purchasing managers index rose again, but it's debatable how long that trend will last.

The ZEW index, for instance, which measures economic sentiment in Germany, dropped to 43.2%--its lowest in eight months. This is all in conjunction with some unfavorable politics, as the E.U. and U.S. continue their plans to impose sanctions on Russia regarding the Ukraine; many hope the crisis will be averted following a meeting in Geneva, although FOREX markets continue to demonstrate concern.

The decrease in the Loonie, however, is a bit more of a mystery, since sales in the manufacturing sector were actually higher than predicted, increasing by 1.4%. Gold, too, dropped surprisingly to a five day low, although this may not have as much impact on the U.S. dollar as U.S. retail sales and improving inflation rates.

Fed Chairperson Janet Yellen gave a speech shortly after the better-than-expected news; the dollar not only increased against its trading counterparts, but U.S. retail sales increased much more than predicted, as well. So, too, did consumer price inflation, which climbed 0.2% instead of the predicted 0.1%, further signalling momentum, although the manufacturing index fell to 1.3% following a more successful march.

Obviously there's no predicting the FOREX to any degree of certainty; but if U.S. retail sales continue to main solid, and its interest rates moderate in comparison to the Euro-zone's miniscule rates and political upheaval, then the dollar could very well continue its surprising climb. Stranger things have happened in the markets; that much I know.


Wednesday, April 2, 2014

Federal Reserve Inflation Report Boosts USD

Forex traders who are mostly long on the USD this year received positive news as the markets slowed down in anticipation of the Easter holiday. Prior to the public address by Federal Reserve Chair Janet Yellen, forex observers and analysts had expected that inflationary data would continue to point towards a gradual economic recovery for the United States. For the most part, this was the case; however, the manufacturing sector continued to lag behind.

A Weeklong USD Rally
The prospect of future monetary policy action did not intimidate greenback traders who enjoyed a rally that lasted from Palm Sunday to Good Friday. Yellen admitted that the labor market still exhibits significant slack, and that long-term unemployment and salary prospects are not presenting ideal strength.

In terms of inflation, Yellen
does not foresee a great risk of inflation climbing over two percent. In fact, she mentioned a greater likelihood of inflation remaining under that level. These comments brought about enthusiasm in the forex markets and the EUR/USD currency pair in particular.

Other positive indicators mentioned by Yellen included retail sales and consumer spending. Traders were pleased yet cautious as they did not like the significant in manufacturing 5.6 to 1.3 percent. Still, traders held their positions and realized midweek gains from the USD before waiting on the unemployment claims reports and the detailed manufacturing report from the Philadelphia Fed on Thursday.

Stronger Data Bolsters the Greenback
On Thursday, April 17th, traders paid attention to the thorough manufacturing and unemployment reports. Although the number of unemployment claims rose from the previous report, analysts had expected around 316,000. In the end, labor figures were more optimistic with 304,000 claims and the Philly Fed Manufacturing Index posted a strong gain from 9.0 in March to 16.6 in April. As economists had predicted only a modest gain for this key index, the response by forex traders was strong with regard to long positions on the USD.

With better-than-expected jobs and manufacturing data, the greenback enjoyed a bolstering week in all major currency pairs. Even as trading activity cooled off on Good Friday and got off to a slow start the Monday after Easter, the USD was still finding strong support against the yen and the Canadian dollar.

A few traders were applying a contrarian view and placing sell orders on the USD as the major financial exchanges closed on late Monday afternoon. Still, the majority of retail forex traders were still feeling pretty bullish on the greenback and the overall U.S. economic recovery.




Tuesday, March 18, 2014

iForex Partners Program

The arena of internet marketing is a highly competitive sector of advertising with cutting-edge innovations being explored to help companies reach new customers. One such strategy that is taking off these days is affiliate marketing. Working with the iForex partners program will help a client business excel with affiliate marketing and expand their brand awareness to new customer bases across the internet.
Affiliate Marketing Explained
Affiliate marketing works by having a website host or promote a business' website. When a person visits the business website through a link that is connected to that affiliate, the affiliate is paid for hosting and promoting that website. Affiliate marketing works because specific websites are chosen to work as affiliates for a business. The affiliates are chosen because it is seen that the affiliate website is attracting a potential customer base for the business. By affiliating with a specific website, a business can tap into a new customer base that frequents that affiliate website.

What is great about affiliate marketing is everyone is a winner within the campaign. The business that is launching the campaign is able to tap into new customer bases across the internet by seizing the attention of affiliate website consumers. Simultaneously, the affiliate website will receive revenue for hosting and promoting the business website.
How iForex Partners Work
iForex Partners is a marketing business that works with businesses to create affiliate marketing campaigns. With our help, we can help our client businesses promote themselves across the internet on affiliate websites. Our professionals will work with a client to craft an appropriate affiliate marketing campaign. We will also show businesses how to maintain payment systems with their affiliates while also analyzing statistical information that will report on the effectiveness of certain campaigns.

iForex Partners focuses focuses on the Forex sector, which is the foreign exchange currency market. This market is where currencies are traded across financial businesses. With the help of iForex, financial businesses, big or small, will be able to network themselves through targeted affiliate marketing programs. iForex has an uncanny ability to tap into the growing Forex sector by helping clients get international affiliates. This will help these financial businesses work with websites from across the world, giving the financial businesses an immense customer base potential. In addition, iForex remains one of the best affiliate marketing companies in the Forex sector by giving its client businesses all the currency tools they need, such as real-time currency calculators and attractive affiliate banner ads that will grab the attention of internet users from across the world.
Conclusion

iForex Partners is the top affiliate marketing company dealing with the Forex sector in the world. If a financial businesses wants to capitalize on the Forex sector, they need to not only affiliate market, but they need to affiliate market with iForex Partners. 

Tuesday, March 4, 2014

Trading Made Convenient: the iFOREX Mobile App

FOREX trades at the tip of a finger; On-the-go, and anywhere with a signal.

My favorite app used to be Instagram. Yes, I admit, I like taking pictures of my family and sharing them online. But the iFOREX app has made my life so much more convenient that it's taken over the #1 app spot. I track and manage my trades very diligently, but not having the most effective app on my phone was cutting in to my personal time because I had to constantly be at either my office or home computer to get the info I needed.

The trips back and forth were like dead zones, when I couldn't make any trades. The app, which offers professional trade functionality, is very user friendly, and I use it in conjunction with all of iFOREX's other platforms. The currency exchange is easily accessible, with the app giving me access to any data I need from my iFOREX account, and there's a 400:1 leverage on currencies, indices, and commodities.

I also find the analysis from iFOREX, including their charts, economic calendar, market info, and most importantly their fx-converter, to be extremely useful. Bloomberg has a similar app, but the interface isn't as user-friendly and it's a lot tougher to navigate. StockTouch has terrific visuals, but lacks a lot of information. TD Ameritrade and Yahoo Finance's apps are excellent for stock trades and options; but since I've been trading on Forex, I have to say that their analysis of currencies and commodities is far superior. And the trading speed is quicker with iFOREX's app.

To tell a tale out of school: I was caught in traffic on the LIE about five minutes before trading hours, and got a tidbit on Scutify that a projected dip in Bakken crude was going to push the market up for the day. Had this happened about a week earlier, I would have missed out on about fifteen minutes of trading; luckily enough, I had installed the app a few days prior and was able to confirm the info about Bakken and place some trades, including a binary option on a rise in the Nasdaq. Among the other tools I was able to access were the stop-loss feature, advanced market orders, full margin usage, tight spreads, and negative balance protection.

The bottom line is that timing is everything in the market. A few seconds can make the difference between abundant profit and severe loss, and I'm happy to have an app that enables me to trade informatively at a moment's notice wherever I am. Again, sorry Instagram.