Forex – Usd/cad Pulls Away From 7-month Highs, Remains Supported

trade, still up 0.36%. The pair was likely to find support at 1.0661 and resistance at 1.0853. Risk sentiment improved as official data showed that U.S. gross domestic product expanded by 4.1% in the third quarter, above initial estimates for 3.6% growth. But the greenback remained supported after the Fed announced Wednesday that it would reduce its USD85 billion-a-month bond buying program by USD10 billion in January. The U.S.
Source: http://www.nasdaq.com/article/forex-usdcad-pulls-away-from-7month-highs-remains-supported-cm312968

AvaTrade Releases the Latest OTC Forex Options Online for Traders

(NYSE:GCAP), a global provider of online trading services; today released its Q1 2014 Market Outlook report. FOREX.com analysts predict that USDJPY could embark on another leg higher as the Fed toys with the idea of pulling back its QE program, while the Bank of Japan sticks to the principles of Abenomics. The EUR is the Teflon currency of the G10; it is managing to defy gravity even though the growth outlook remains weak. “2014 is set to be the year when the recovery will cement itself. With an improved economic backdrop we expect central banks to take the first steps towards normalizing monetary policy.” said Kathleen Brooks, research director FOREX.com.
Source: http://online.wsj.com/article/PR-CO-20131218-905737.html

FOREX.com Q1 2014 Outlook: On the road to recovery? Market conditions poised to improve in the New Year, led by strengthening US economy.

Dmitri Chavkerov of Forex Peace Army Gives Tips To Forex Traders s & p down etf On Dealing with Trading Losses To Achieve Success In Forex

He also adds that AvaOptions is the first truly accessible online platform for trading OTC Vanilla Calls and Puts. Describing the process the spokesperson further says that AvaOptions opens new ways to trade that are simply not possible with spot Forex. Traders Get Comprehensive Choices Here traders get several choices; for instance, whether they want to hedge their open spot Forex positions or benefit from the potential for unlimited profit with limited risk, AvaOptions gives them all the tools they need. Talking about the trading platform, a reviewer at ForexMinute admits that the platform is intuitive and powerful.
Source: http://www.benzinga.com/pressreleases/13/12/p4172809/avatrade-releases-the-latest-otc-forex-options-online-for-traders

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