The Best White Label Partnership For Forex Traders

Forex trading involves the exchange of currencies by the international banks and other financial institutions. Forex trading proves to be one of the best ways of earning profits by spending less time and money. After becoming a Forex trader, by entering into a special relationship, such as white label partnership, the traders will enjoy the benefits of expanding their business horizon.

One of the primary importance of becoming a white label partner is the specialized technical assistance provided by the online Forex trading broker. In this special relationship, complete control of the branding is given to the traders, which authorizes them to manage their own clients. The online Forex trading broker provides a total transparency, which helps in making a win-win situation between them.

As a new entrant to the business, it is very much hard to manage the business process. Hence, the online Forex broker provides accounting and managerial support to the white label partner in managing the business.

By offering tighter spreads, the online Forex broker manages to facilitate the white label partner the advantage of adding more clients to their brand. The Metatrader4 trading platform offered by the online Forex broker helps in the faster execution of trades.

The software enhancements and upgrades involve more investments which may not be easy to bear by the new traders who enter into the Forex business. In this regard, the Forex broker will help in providing the latest technology at free of cost to the white label partner.

Enjoy the benefits of White label partnership by affiliating with one of the best online Forex trading broker.

Global Stock Market News: Wall Street On Late Rally, Asian Markets Cautious

Wall street made a late rally, while the Asian markets moved little with high caution in April 29. The Japanese market is shut down on 29th April.

The Dow edged to a 0.53 % and the S&P 500 moved up by 0.32 %. The Nasdaq closed on an even level as the stocks of Amazon and Facebook moved down.Expecting results of the major banks on another round of record profit, the Australian stocks moved up by 0.3%.

The South Korean market moved up by 0.1 %, even though the first quarter operating profits of Samsung Electronics fell down 3.3% to to 8.5 trillion won. However, this was higher than the market speculation of 8.4 trillion.  The MSCI's broadest index of Asia-Pacific shares also exhibited less momentum.

Best Forex Broker New Zealand – Successful Forex Trading

Forex trading, the exchange of currencies, is a wonderful opportunity to earn more while spending less time. This 24 hour market is ideal for trading at your own convenient timings. Not only that, you can trade online with the comfort of remaining at home. You will just need a system and Internet connection for trading.

 All said about the advantages of the Forex industry, there are some precautions that should be strictly followed. Before entering into trading, you should learn the basics. Not just the basics, but you should also get a better idea of the various forces that drive the Forex industry. The price movements of any currency will be influenced by the economic events happening around the globe. This will be one of the deciding factors behind the buying and selling of the currencies and the advantageous position held by you in the trade.

Reading the technical analysis chart and understanding the basics behind the price movements of it, will help you determine the market moves and trends. Actually, the technical analysis chart depicts the way the currency price moves during the trading session. Experts will tell you that there are certain type of characteristics of the graph that will bring a bearish or bullish trade in the near future. Even though, these are many brokers who provide you with their suggestion on the analysis and trading strategies, it is always better to make your own trading strategy. On the long run, this will help you become a better trader, even become a broker.

As a successful Forex trader, you can enjoy the benefits of earning an income with little effort. In your attempt to financial success, associate yourself with a global online Forex trading broker. Look out for the presence of trading instruments like metal, energy, CFDs and global indices, including wide currency pairs. In addition to that, the opportunity of entering into a partnership program like white label will be an added advantage.

For further information about Forex trading and the various partnership accounts offered by the Forex trading broker, you can visit the link.

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Forex News: Yen Stronger Against The Dollar

The yen hit the highest in a week versus the dollar following the Ukraine tensions that is bringing the safety sentiment among the investors. On 24th April, U.S. Secretary of State John Kerry gave a warning for Russia to follow the consensus that is intended to de-escalating the Ukraine crisis. Nagayuki Yamagishi, a senior analyst in Tokyo at Money Square Japan Inc, foreign-exchange broker. said in a statement that the yen is viewed as a safe destination upon the escalating Ukraine situation.

Against the dollar, the yen traded at 102.40 at the time of 12:14 p.m. in Tokyo. It moved up by 0.2 %, the strongest since April 17. Against the euro, the yen traded at 141.66, moving down from 0.2 % weekly. The euro was at 1.3835 against the euro from the level of 1.3831, making a 0.2 % decrease.

Forex Outlook: Euro Slides Down Against The Pound

The euro fell down against the British Pound and traded at 0.8231 with a 0.04% loss for the day. On April 23, the pair traded between 0.8202-0.8246 and consolidated at 0.8233. The IFO Business Climate Index published by the Ifo Institute for Economic Research is expected to release its reading on Germany, the largest economy in the euro zone, today at 08:00 GMT. The index is predicted to give a lower reading of 110.4 in April compared to 110.7 in March.

The euro will gather more positive sentiment, if the reading falls on higher than expected level.
In another part of the world, the Confederation of British Industry is expected to release the results from its monthly CBI distributive survey at 10:00 GMT today. 

The index is predicted to give a higher reading of 17 in April compared to 13th in March 2014. Reflecting the short-term trends in UK retail and wholesale sectors, this indicator will be an important aspect of the formulation of the economic policy by the Bank of England and the government.

If the reading turns out to be more than expected, the pound will gain more appeal.

Technical view

EUR/GBP manages to breach the first resistance level at 0.8252, it maybe continue up to test 0.8271. In case the second key resistance is broken, the pair will probably effort to advance to 0.8296.

The Benefits Of The Best White Label Partnership Account

The best white label solution is a win-win situation to grow your own brand in the Forex industry. It helps in expanding the opportunities of trading the multiple products in Forex. While investing minimal effort and less capital, you can broaden your financial prospect by providing your clients entrance into the global Forex market.

In the customized White Label Trading Partnership model, the partner gets the benefits of the online Forex trading broker’s knowledge, expertise and advanced technological platform. The MetaTrader4 is one such platform that will bring the interests of the clients. 

The online Forex broker also provides the managerial support in accounting and managing the accounts. The dedicated 24/7 customer support will guide the Forex Trading White Label partner.

Forex Outlook: A snap View On The U.S. Economy

Data on 17th of April revealed an increase in the Philadelphia Fed’s factory index to 16.6 in April, which analysts state that it is the highest since September. A report from the Labor Department revealed a lower jobless claims in April, with the jobless claims at 304,000 till April 12th, which was the lowest since September 2007.

Another report by Intercontinental Exchange Inc. showed positive speculation on the greenback. The Dollar Index, a comparison of the greenback against six major trading partners of U.S., was little changed at 79.852, with expectations of a 0.5 % increase this week.

 With the positive sentiment boosted by the improved climate, US consumer confidence has surged up from a nine-week low. Along with the optimistic employment prospects, this has boosted the economy.

Consumer spending in the spring is expected to rise with the higher wages. The retail sales saw an uptrend in March, the highest since September 2012. Official data revealed a hike in retail revenues by 1.1 %.

The Ward’s Automotive Group states that the automobile sales moved up at the fastest annualized rate since May 2007.

Forex Outlook: The Greenback Strengthens Against The Major Peers

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The dollar strengthened versus most of its major peers. The dollar seems to be a safe haven for investors amid tension in Ukraine. Expectations are high on today’s speech by the Federal Reserve Chair Janet Yellen.

In the wake of the deadly clashes in Ukraine, the U.S. and European Union may consider more sanctions against Russia, fueling more appeal for the greenback. With the data revealing slightly higher than expected growth data on China, the Australia’s dollar was steady and wiped off the earlier losses. The yen moved down as Japanese stocks moved up higher. After inflation slowed and dairy prices fell, the New Zealand’s dollar fell down for the second day.

The U.S. currency moved up 0.3 % to 102.19 against the yen. The dollar moved little against the euro and stayed at $1.3818, a 0.5 % increase this week. Against the greenback, the Aussie bounced back from its earlier fall of 0.3 % to retain at 93.64 U.S. cents. New Zealand’s dollar weakened against the greenback and moved down by 0.6 % to 85.88 U.S. cents.

Stock Market News- UK Tech Stocks Stumbled Down Upon Looming Stock Bubble

With fears of a looming tech stock bubble, the UK tech stocks stumbled in early trading after the NASDAQ index lost 3% in New York. This has been the worst session performance since late 2011.

A slide down of 3.6% was seen by Semi conductor maker ARM while the software firm Sage fell down by 2.5%. Monitise, the mobile banking firm slid down by 3.2%, while the fashion retailer Asos fell down by 3.4%. 

Even the new entrant, an internet-based food service, Just Eat, stumbled down by 3.8% which was lower than its IPO price. In another instance,the electrical firm AO World fell down by 2%.

There was greater beating for the US stocks this week and it had influenced the negative sentiments among investors in London. The stocks of Facebook fell down by 5.2%, that of Amazon fell by 4.4%, Google fell down by 3.3% and Twitter fell down by 2.7%.

Breaking Forex News : The Aussie Moves Top On Positive Economic Sentiment

Breaking Forex News 

With the positive sentiment on the economy growing, the Australian dollar moved higher at morning 14th April 2014 . Adding to the sentiment was the probability of adding more stimulus by the euro zone to boost the economy.

On 14th April , at 7.00 AEST, the Aussie was seen trading at 93.90 U.S. cents, which was more than that of the April 11 level of 93.75 cents. This movement was fuelled by the speech by the ECB President Mario Draghi that there may be an intervention if there is further strengthening of the euro.

Forex Market Outlook: NZD/USD Is Vulnerable To Downside Correction

After reaching a high of 0.8747 on 17th April 2014, the highest in years, the NZD/USD settled down to below 0.8700 level in the week. Speculating that the pair is heavily overbought, any correction will be healthy until the support level of 0.8600 is unbroken.

Investors are speculating on some of the important reports such as the CPI numbers scheduled on 16th April 2014  and the consumer confidence report to be released on 17th April. Some of the sentiments due to geopolitical tensions in Ukraine and the weak Chinese data may affect the kiwi. Investors can expect the kiwi to be range bound between 0.8700 level on the upside and a 0.8600 level on the downside, unless it starts a new movement.

NZD/USD                                                  0.8648/55 (-0.43%)
                                                                    H0.8695 L 0.8630 

S3	S2	S1	R1	R2	R3
0.8613	0.8635	0.8656	0.8740	0.8761	0.8783

Forex Outlook: Investors Keen On US Fed Speech

With little or no events to drive the New Zealand Dollar, there was more profit-booking for the New Zealand Dollar. The kiwi made a poor performance last week and moved down 0.72% versus the greenback. The yen moved up as the Asian stocks performed well. Adding to the positive sentiment of yen was the holding back the statement about any stimulus by the BOJ Governor Haruhiko Kuroda.

Looking bleak, the European trading hours were also very much uneventful with nothing much on the Economic Calendar. A decrease of 3.3% in the Switzerland’s Unemployment Rate is expected, making it the least in four months. Moreover, a slowdown in the output growth is depicted by the UK Industrial Production data. Much to the relief of the investors, these events will have little impact, since the central banks’ monetary policy outlook predicts less movement in Swiss Franc and British Pound price.

However, investors are keen on the scheduled comments from from Minneapolis and Philadelphia Fed Presidents Narayana Kocherlakota and Charles Plosser later in the day. Investors will also keep a watch on the speech by FOMC member and Chicago Fed President Charlies Evans. The market will fervently watch the tone of the speech about setting guide speculation about continuing of the Fed’s effort to narrow the QE asset purchases. A slightly hawkish inclination might likely uplift the US Dollar.

Asian Session

GMT	CCY	EVENT	ACT	EXP	PREV
22:00	NZD	NZIER Business Opinion Survey (1Q)	52	-	53
23:50	JPY	Current Account Total (¥) (FEB)	612.7B	618.1B	-1589.0B
23:50	JPY	Adjusted Current Account Total (¥) (FEB)	-41.4.7B	24.7B	-588.3B
23:50	JPY	Trade Balance - BOP Basis (¥) (FEB)	-533.4B	-593.6B	-2345.4B
1:30	AUD	NAB Business Confidence (MAR)	4	-	7
1:30	AUD	NAB Business Conditions (MAR)	1	-	0
2:50	JPY	Bank of Japan Monetary Base Target (¥)	270T	270T	270T
4:30	JPY	Bankruptcies (YoY) (MAR)	-12.37%	-	-14.62%
5:00	JPY	Eco Watchers Survey: Current (MAR)		-	53
5:00	JPY	Eco Watchers Survey: Outlook (MAR)		39.5	40

European Session

GMT	CCY	EVENT	EXP	PREV	IMPACT
5:45	CHF	Unemployment Rate (MAR)	3.3%	3.5%	Medium
5:45	CHF	Unemployment Rate s.a. (MAR)	3.2%	3.2%	Medium
6:30	EUR	Bank of France Business Sentiment (MAR)	-	98	Low
6:45	EUR	French Central Gov't Balance (€) (FEB)	-	-12.7B	Low
6:45	EUR	French Trade Balance (€) (FEB)	-5000M	-5732M	Low
7:15	CHF	Retail Sales (Real) (YoY) (FEB)	-	0.3%	Low
8:30	GBP	Industrial Production (MoM) (FEB)	0.3%	0.1%	Medium
8:30	GBP	Industrial Production (YoY) (FEB)	2.2%	2.9%	Medium
8:30	GBP	Manufacturing Production (MoM) (FEB)	0.3%	0.4%	Medium
8:30	GBP	Manufacturing Production (YoY) (FEB)	3.1%	3.3%	Medium

Critical Levels

CCY	Supp 3	Supp 2	Supp 1	Pivot Point	Res 1	Res 2	Res 3
EUR/USD	1.3618	1.3673	1.3707	1.3728	1.3762	1.3783	1.3838
GBP/USD	1.6483	1.6541	1.6575	1.6599	1.6633	1.6657	1.6715

Forex Breaking New- The Canadian Dollar Shows Uptrend Move On Strong Job Growth

 With surprising results of fall in unemployment rate, the Canadian dollar moves to a strong position of six-week high. Among the 16 major fellow currencies, the Canada was able to make it at 10 after the data showed the increase in addition of workers.

Speculations are more on the CA with the Bank of Canada expected to meet on next month April 16th. Investors are keeping a keen eye on the recent quote by the BOC Governor, Stephen Poloz that the central bank will reduce the rate in case of any weakness in the economy.

Investors speculate that a neutral speech by the BOC Governor, Stephen Poloz rather than staying dovish will fetch some more gains to the Canadian dollar.

Forex News- GBP/USD Upward Forex Signals

 

 The GBP/USD pair could be in for additional gains as exposed by the Forex signals on its 4hrs time frame. The pair just bounced off a increasing trend line that had been holding since previous year and is screening momentum for a rally to its previous highs.

The statement from the UK economy has been bleak recently though, with both manufacturing and construction PMI unsatisfactory. 

What's sustaining the pound up is positive interest rate prospects from the BOE, as Carney has stated a couple of times that the central bank is since hiking rates shortly.

 Earlier today even stated that the first rate hike could occur before the general elections in the UK.