FreshForex News

[FreshForex]

MetaShireTrading Challenge has begun!

Our exciting challenge starts today, where each day you can complete tasks and earn Freshirecoins (FSC) — a unique internal currency that you can exchange for real funds at the end of the contest!

How does it work?

• Complete the daily tasks: Every day, a new task will appear in your Client Area. Once you complete it, you will immediately receive Freshirecoins (FSC) in your balance. Tasks vary in difficulty and type: from learning activities to trading participation and inviting friends.
  
• Accumulate Freshirecoins (FSC): For every completed task, you earn Freshirecoins (FSC). The amount of coins depends on the task. The more tasks you complete, the higher your final balance will be.
  
• Convert Freshirecoins (FSC) into real funds: At the end of the challenge, you can exchange your accumulated coins for real funds. The exchange rate depends entirely on your activity and the number of participants you invite. The more active you are, the higher the exchange rate!
  
• Increase your exchange rate: With every new participant you invite, the conversion rate increases. This means you can earn even more by inviting friends to join. Share your unique referral link and watch your earning potential grow!
  

The guaranteed grand prize for the first place is a Shire horse or its equivalent in your account’s currency! Take part in the contest and become a winner!

Start earning today: Open a partner account, invite friends, and start receiving real funds even before the competition ends! The more actively you participate, the greater your chances of winning.

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Thank you for staying with us, and let’s make this event a success together as we celebrate our 20th anniversary in grand style!

[FreshForex]

Bitcoin hits new all-time high amid U.S. elections!

Bitcoin hits new all-time high amid U.S. elections!Yesterday, November 6, 2024, the U.S. presidential election results were announced, and the race was won by Donald Trump, a strong advocate for cryptocurrency! During his campaign, on September 18, 2024, the current U.S. leader made a bold move toward the digital asset community by treating supporters to burgers at PubKey in New York, paid for in Bitcoin. During the voting and after the results were announced, Bitcoin (BTCUSD) demonstrated a rapid surge.

Starting around $68,000, Bitcoin broke past $76,000, hitting a historical peak and posting an impressive 12% gain within just 24 hours!

In addition to the support from the leader of one of the world’s top nations, cryptocurrency has plenty more cards up its sleeve. Key growth factors and expert insights:

- Institutional investor interest: Major corporations and institutional investors continue to increase their Bitcoin investments, supporting high demand and limited supply in the market. For example, well-known company MicroStrategy (#MSTR) acquired 5,445 BTC for $150 million from August through late September!
- Rising demand amid economic uncertainty: With inflation on the rise, geopolitical instability, and volatility in traditional markets, investors are seeking more stable assets. Bitcoin, alongside gold (XAUUSD), is becoming a preferred choice for capital preservation.
- Expectations of U.S. Fed policy easing: With potential interest rate cuts on the horizon, interest in cryptocurrencies as alternative assets is increasing. Experts estimate an 87% probability of a rate cut at the next meeting, creating additional incentives for investing in BTC and other crypto assets.
- Positive analyst forecasts: The projected minimum Bitcoin price in January 2025 is $71,468, with an average of $78,168 and a maximum of $80,402. By December, these figures are expected to rise to $106,235, $109,213, and $124,937, respectively. Growth is anticipated to remain steady, without declines or corrections, throughout the year.

On September 19, 2024, FreshForex analysts highlighted the undeniable growth drivers for the entire crypto sector. With Trump at the helm of the U.S., crypto growth is practically inevitable! Don’t miss your chance!

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[FreshForex]

Crazy surge: indices and crypto at new highs!

In recent days, the cryptocurrency market has experienced a surge in interest following Donald Trump’s election, as he aims to make the United States a global crypto industry leader. His plans to dismiss Gary Gensler, the Chair of the Securities and Exchange Commission (SEC) known for his stringent digital asset regulations, have had a noticeable impact on the market. As a result of this news, Bitcoin (BTCUSD) hit a new record, temporarily reaching $89,600.

At the same time, U.S. indices staged an impressive rally, breaking records: the S&P 500 (#SP500) surged 4.66% over the week, crossing the $6,000 mark, while the Dow Jones Index (#DJI30) jumped 5.23% at its peak, exceeding $44,300!

Investor optimism is tied to a 25-basis-point rate cut by the Fed, as inflation approaches the target rate of 2% (2.4% in September), along with expectations of corporate tax reductions and regulatory easing under President Donald Trump. Several factors are aligning for further growth across the American market:

• Financial services sector: U.S. bank stocks are rising with Trump’s victory, as his promises to reduce inflationary pressures and provide tax benefits are already yielding results. Shares of major banks have shown growth of 10% to 13%! Among the top gainers: Goldman Sachs (#GoldmanSac), Bank of America (#BankAmer), Morgan Stanley (#MorganStan), and JPMorgan (#JPMorgan). All are available in our trading terminal!
  
• Support from the Fed: On Thursday, the Central Bank cut interest rates by a quarter-point. Fed Chair Jerome Powell noted in a press conference that the U.S. economy “is in good shape.” As reported by CNBC, investors generally see a Republican-controlled government as more favorable.
  
• Trump rally: The SP500 and DJI30 posted their best week since November 2023. Several Trump-related stocks have once again shown solid performance. Tesla (#Tesla), whose CEO Elon Musk was involved in the newly elected president’s campaign, rose by 8.2%, marking four consecutive positive sessions.
  
• Analyst predictions: The Republican victory has pushed U.S. Treasury yields to a four-month high of 4.5%, while bank and tech stocks are climbing. Major analytical agencies are confident that, following reforms by the current U.S. president, the market will gain even more momentum. FreshForex analysts have repeatedly forecasted the rise of indices and cryptocurrencies and remain confident in the upcoming growth of the entire U.S. market!
  

Our terminal offers 270 trading instruments, including crypto and U.S. stocks. Trade with favorable leverage up to 1:1000 and enjoy excellent bonuses!

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[FreshForex]

SHOCKING! 40% tariffs on Chinese imports!

According to a survey of economists by Reuters, the U.S. is considering imposing nearly 40% tariffs on Chinese imports early next year. Such measures could slow the growth of the world’s second-largest economy by 1%. Economists polled by the publication, both Democrats and Republicans, believe these changes will trigger massive disruptions in the U.S. and global economies, surpassing the impact of the trade wars during Trump’s first term. They warn this could ignite a “global trade war.”

During his presidential campaign, Donald Trump promised significant tariffs on Chinese goods as part of his “America First” trade policy. These potential tariffs, much higher than the 7.5%-25% rates of his first term, come at a vulnerable time for China’s economy, which is grappling with a prolonged real estate slump, debt risks, and weak domestic demand. Most economists predict Trump will impose the tariffs in early 2025, with an average estimate of 38% and projections ranging from 15% to 60%. These tariffs are expected to reduce China’s economic growth in 2025 by about 0.5-1.0 percentage points.

What could Trump’s policy lead to?

• Chinese indexes: Chinese stock indexes like #ChinaA50 and the Hang Seng Index (#HSI) are expected to face downward pressure.
  
  
• Chinese corporations: Key sectors such as electronics, automotive, and textiles—heavily reliant on exports to the U.S.—are likely to suffer the most. Major Chinese corporations, including #Alibaba and other leading players, could see their stock values decline.
  
  
• U.S. Indexes: American indexes like #SP500 and Dow Jones (#DJI30) might experience short-term volatility. Tariffs will raise costs for U.S. companies dependent on Chinese supplies, such as those in tech, automotive, and consumer goods sectors—companies like #Apple, #Tesla, and #Nike may face increased production costs. This could reduce profitability and potentially lead to stock corrections.
  

In the long term, however, the U.S. might benefit from the trade war, as it could boost domestic production, positively impacting American manufacturing stocks. FreshForex analysts predict a growth phase to begin in late Q1 2025. At the same time, on November 14, investors sharply increased short positions in Asian currencies following Trump’s tariff announcements.

Don’t forget — you can profit not only from rising markets but also from falling ones! Plus, our incredible 101% bonus up to $2,500 helps reduce your trading risks.

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