09-14-2023, 01:54 PM
GOOD NEWS, BAD NEWS. THE POWER MOVE OF DOLLAR
![[Image: e10a5bd294e0ab700e1b4e56a8892c73.png]](https://freshforex.com/netcat_files/Image/e10a5bd294e0ab700e1b4e56a8892c73.png)
Dear clients,
Global stock indices were mostly down on Thursday, with the S&P 500 and Nasdaq falling along with Apple shares, while the US dollar rose after weaker-than-expected US jobless claims data.
Initial jobless claims in the states for the week ended September 2 unexpectedly fell to 216,000 from a revised 229,000 the week before. The latest week's reading was the lowest since February.
A separate report showed that US labour productivity in the second quarter was not as strong as previously announced.
The latest data confirmed the view that the US economy remains resilient and that US interest rates may have to be raised for a long time to come.
China's yuan fell to a 16-year low against the dollar amid falling property prices, weak consumer spending and reduced credit growth in the world's second-largest economy.
China's trade data released on Thursday, while not as dire as economists had forecast, still showed a nearly 9% drop in exports and a more than 7% drop in imports.
In Japan, traders continued to watch for intervention as the Japanese yen struggled to make a sustained breakout against the steady dollar.
The dollar had earlier hit its highest since November at 147.875 yen and was last down 0.4% to 147.20.
The dollar declined on Friday but still remains on track for its longest weekly winning streak in nine years, helped by a steady run of U.S. economic data that also called into question the end of the Federal Reserve's aggressive rate hike cycle.
The U.S. Dollar Index, which measures the dollar against major currencies, was last down 0.1% at 104.93, but remained not far from the previous session's six-month high of 105.15. The index was on track to continue rising for the eighth consecutive week and is currently up 0.6%.
INVIGORATE YOUR TRADING WITH A POWERFUL DUAL OFFER
![[Image: 354dd8251054b057d8cae9bd20ced6d0.png]](https://freshforex.com/netcat_files/Image/354dd8251054b057d8cae9bd20ced6d0.png)
Dear clients,
We extend the summer and offer the hot promotion! Unprecedented benefit for new clients — activate Cashback and get 101% of the amount on your first deposit.
More funds — more trading volume and a higher chance of a big profit! And every week, the funds from trades will be returned to your balance within Cashback promotion.
How to use the offer:
1. Register on the company's website.
2. Write to the online support with the promo code HOT.
3. Choose any convenient cashback plan and get a powerful deposit bonus.
Done! You can trade in full force, open your best trades and get profit.
Terms of promotion:
1. Within the promotion, new clients of the company can be eligible for a 101% bonus on the first deposit to the trading account with the Cashback promotion enabled.
2. You can take advantage of the offer within 7 days after registration with the company.
3. To participate in the promotion, you have to:
3.1. Register and open a trading account;
3.2. Enable the Cashback promotion on your trading account in the Client Area;
3.3. Make a deposit from 101 USD;
3.4. Contact the personal manager with the code word HOT to credit the deposit bonus in the amount of 101%;
4. Bonus funds are used in accordance with the terms of the promotion Drawdown bonus 101%; crediting of spread refund in accordance with Cashback promotion terms.
5. In order to prevent abuse of the promotion terms and conditions, the Company reserves the right to refuse the client this offer without warning at any time at its discretion.
LET'S TALK ABOUT ECB MEETING
![[Image: f5f808d3af42db0c655dd544147d4d39.png]](https://freshforex.com/netcat_files/Image/f5f808d3af42db0c655dd544147d4d39.png)
Dear clients,
On September 14, the European Central Bank will hold meeting, it will provoke strong fluctuations on the financial markets.
We will tell you how to earn with this event and which instruments can bring the most profit, as well as how the meeting will affect the euro and European indices.
Join us on September 13 at 12:00 GMT.
During webinars, FreshForex analyst will answer your questions regarding the market situation and comment on the latest news.
If you missed the previous webinars, you can always find them here.
Dear clients,
Global stock indices were mostly down on Thursday, with the S&P 500 and Nasdaq falling along with Apple shares, while the US dollar rose after weaker-than-expected US jobless claims data.
Initial jobless claims in the states for the week ended September 2 unexpectedly fell to 216,000 from a revised 229,000 the week before. The latest week's reading was the lowest since February.
A separate report showed that US labour productivity in the second quarter was not as strong as previously announced.
The latest data confirmed the view that the US economy remains resilient and that US interest rates may have to be raised for a long time to come.
China's yuan fell to a 16-year low against the dollar amid falling property prices, weak consumer spending and reduced credit growth in the world's second-largest economy.
China's trade data released on Thursday, while not as dire as economists had forecast, still showed a nearly 9% drop in exports and a more than 7% drop in imports.
In Japan, traders continued to watch for intervention as the Japanese yen struggled to make a sustained breakout against the steady dollar.
The dollar had earlier hit its highest since November at 147.875 yen and was last down 0.4% to 147.20.
The dollar declined on Friday but still remains on track for its longest weekly winning streak in nine years, helped by a steady run of U.S. economic data that also called into question the end of the Federal Reserve's aggressive rate hike cycle.
The U.S. Dollar Index, which measures the dollar against major currencies, was last down 0.1% at 104.93, but remained not far from the previous session's six-month high of 105.15. The index was on track to continue rising for the eighth consecutive week and is currently up 0.6%.
INVIGORATE YOUR TRADING WITH A POWERFUL DUAL OFFER
Dear clients,
We extend the summer and offer the hot promotion! Unprecedented benefit for new clients — activate Cashback and get 101% of the amount on your first deposit.
More funds — more trading volume and a higher chance of a big profit! And every week, the funds from trades will be returned to your balance within Cashback promotion.
How to use the offer:
1. Register on the company's website.
2. Write to the online support with the promo code HOT.
3. Choose any convenient cashback plan and get a powerful deposit bonus.
Done! You can trade in full force, open your best trades and get profit.
Terms of promotion:
1. Within the promotion, new clients of the company can be eligible for a 101% bonus on the first deposit to the trading account with the Cashback promotion enabled.
2. You can take advantage of the offer within 7 days after registration with the company.
3. To participate in the promotion, you have to:
3.1. Register and open a trading account;
3.2. Enable the Cashback promotion on your trading account in the Client Area;
3.3. Make a deposit from 101 USD;
3.4. Contact the personal manager with the code word HOT to credit the deposit bonus in the amount of 101%;
4. Bonus funds are used in accordance with the terms of the promotion Drawdown bonus 101%; crediting of spread refund in accordance with Cashback promotion terms.
5. In order to prevent abuse of the promotion terms and conditions, the Company reserves the right to refuse the client this offer without warning at any time at its discretion.
LET'S TALK ABOUT ECB MEETING
Dear clients,
On September 14, the European Central Bank will hold meeting, it will provoke strong fluctuations on the financial markets.
We will tell you how to earn with this event and which instruments can bring the most profit, as well as how the meeting will affect the euro and European indices.
Join us on September 13 at 12:00 GMT.
During webinars, FreshForex analyst will answer your questions regarding the market situation and comment on the latest news.
If you missed the previous webinars, you can always find them here.