Free Daily Trading Signal for 02/10/2014 This Daily Trading Signal is brought to you by InstaFxNg and you have received it because you are an esteemed client with one or more trading accounts. We hope these daily Signals will help increase your profit. These signals may be updated / modified during the day in response to market conditions, you may find such updates only on our website at InstaFxNg Dear Cherished client we want to inform you that we could not send the technical signals today. Meanwhile kindly note that there will be economic news reports coming up on: 1, EUR, (ECB Press Conference) Its the primary method the ECB uses to communicate with investors regarding monetary policy. It covers in detail the factors that affected the most recent interest rate and other policy decisions, such as the overall economic outlook and inflation. Most importantly, it provides clues regarding future monetary policy; 2, USD (Unemployement claim) This is the nations earliest economic data. The market impact fluctuates from week to week - there tends to be more focus on the release when traders need to diagnose recent developments, or when the reading is at extremes; Why Traders Care Although its generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions. Unemployment is also a major consideration for those steering the countrys monetary policy; Both reports will come up by 1:30pm Nigerian time. Please trade with care during the spike period. Have a nice trading day. Find the Terms of Use for the Trading Signals here. Have a very profitable trading day! InstaFxNg Analysis Team
Posted on: Thu, 02 Oct 2014 09:30:32 +0000
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