Leading online trading services provider easy-forex has just revealed its predictions for 2016. Both oil and gold are going to nima siar easy forex a lot of attention in early 2016, with prices expected to continue their downward trend at least over the coming couple of months. 40, which is only a little way above the breakeven price for some oil producing countries.
1,000, although we could see some interesting movements during the latter half of 2016. Hot Topic’ video, Siar also covers global currencies and US stocks. The regularly produced videos are part of easy-forex’s commitment to enabling anyone with an interest to trade. It’s an ethos that has seen the company go from strength to strength since its inception in 2003, with offices now in major financial centres around the world including Shanghai, Limassol, Warsaw and Sydney.
One of the reasons for easy-forex’s success has been its provision of a vast array of training resources for its traders. From training videos to demo accounts, forex ebooks and trading simulators, the company works hard to open up trading to would-be traders around the world. Last week’s better than expected non-farm payroll figures in the US increased the likelihood of a December interest rate hike which would be the first such move by the Fed since 2007 and is likely to send the dollar surging. The next downside target is now looking like 1.
Like many analysts, easy-forex also sees the euro falling further, to 1. 0450 against the dollar in the short term. The picture looks brighter when it comes to US stocks. After the markets rallied hard in October, the seasonal strength of Thanksgiving and Christmas is expected to keep the positive movement flowing until early 2016. Finance Digest is a quarterly Print and Online Publication providing in-depth coverage and analysis of the global financial community covering a wide range of topics from Business, Finance, Banking, Technology, Insurance, Investments, Lifestyle and more. You can at any time change or withdraw your consent by clicking on show details.