GOLD (XAUUSD) Weekly Forecast (08/01/2020 – 14/01/2020)

By Admin in Reviews 0 Comment

News and Data:

  • CNY Caixin Manufacturing PMI 51.5 vs 51.7 expected
  • US ISM Manufacturing PMI 47.2 vs 49 expected
  • US FOMC Meeting Minutes expected to cut interest rate 2 times in 2020
  • US ISM Non-Manufacturing PMI 55 vs 54.5 expected

Market Update:

Gold price jumped over $1,600 per ounce this morning upon the news that AL Asad airbase in western Iraq has come under retaliatory attack from Iran. This action is viewed as the direct attack on American forces located in the region. Following the news of the attack, stocks prices dropped but oil and GOLD rose. Gold has bounced back around more…

Margin Trading – Safer Choice than Stocks Trading

By Admin in Articles

As we all know, there are many different investment targets in the world. It can be felt that risks are different when trading different symbols . Many people believe that margin trading (CFDs like foreign exchange pairs) is a high-risk variety. Is that true? This article categorizes the risks of common trading methods (including foreign exchange transactions), which would be helpful for amateur traders.

Level 1 – Trades that do not require a stop loss.

Generally speaking, we cannot trade without taking risks, and the probability of success of a transaction is often not 100%. In order to prevent losing all their money, more…

FxPro: our 2019 in review

By Admin in Brokers news 0 Comment

Everything FxPro has one in 2019 was for the benefit of our traders and we are very pleased to announce the key metrics and achievements of the year!

The highlights

+ 1 partnership expansion. FxPro, as the Official Partner of the McLaren F1TM, announced the expansion of our cooperation with the Racing Team for the next 3 years. The FxPro logo will now adorn the front wing and cockpit surrounding the branded car, beginning with the Australian Grand Prix 2020.

+ 50M Orders Executed, with more than 396,000,000 orders executed in total to date*

+ 830,000 Trading Accounts**, with more than 1,700,000 trading accounts in more…

FxPro and the McLaren F1TM Team announce the continuation of their partnership

By Admin in Brokers news 0 Comment
FxPro McLaren Racing

As an Official Partner of McLaren F1TM FxPro has announced the expansion of cooperation with the Racing Team. The FxPro branding will now be added to the front wing and cockpit of the car at the Australian Grand Prix 2020.

This historical partnership continues to support the commitment to excellence and innovation shared by McLaren and FxPro.

With over 390 million orders executed and nearly 7000 orders processed every second, FxPro is well aware of the challenges high pressure, high performance environments present.

Zak Brown, Chief Executive Officer, McLaren Racing:

We are pleased to be announcing an extension to our partnership with more…

Exness Focuses On B2B

By Admin in Brokers news 0 Comment

Exness continually reviews the markets in which it operates to ensure where we do business is in alignment with our strategy.

In light of an internal business decision to focus on other markets and grow our B2B operations, we have decided to close retail business in EU/EEA including the UK. As a company which values all of our clients, we realise this may be disappointing and we apologise for any inconvenience.

If you are interested in speaking to us about our B2B offering, please email b2b@exness.uk