The Federal increased interest rates on Wednesday by a quarter of a percent and signalled that the U.S. economy would benefit from three more years of growth.
The positivity was backed up with plans that the U.S. central bank are confident of another rate hike in December, three more during 2019, and one increase in 2020. Should they go ahead, this would push the overnight lending rate to 3.4 percent, which is roughly a half of a percentage point above the “neutral” interest rate, which doens't stimulate nor restrict the economy.
The focus from the markets was on whether the Fed would remove the word ‘accommodative’ regarding the monetary policy, which was in fact the case, which indicates that the monetary policy is becoming less accommodative and heading towards a neutral rate. However, Fed Chairman Jerome Powell commented that the removal of the word does not necessarily mean a policy outlook change, instead, it is a sign that policy is proceeding in line with expectations.
The Fed views the economy growing at a faster than expected 3.1 percent for the year and continuing to expand moderately for at least three more years, following sustained low unemployment and stable inflation near its 2 percent target, with the labour market strength continuing and economic activity rising at a strong rate.
Inflation was forecast to remain near 2 percent over the next three years, while the unemployment rate is expected to fall to 3.5 percent next year and remain at the same rate throughout 2020 before rising slightly in 2021. The jobless rate is currently 3.9 percent.
As the FOMC meeting was more or less in-line with the markets expectations, there was very little impact. However any changes in unemployment, wages and economic activity could possible see the Fed change their minds for a December hike, however it's highly unlikely according to the current data. Employment data for September will be released on October 5th and will be in focus as the markets look for further indications.
To follow the latest market data, please visit: https://www.yadix.com/forex-trading-community/forex-trading-tools/
28% of Buy or sell orders filled with improved prices!
Dear Trader,
Execution is the base for your trading success and that's why at Yadix, we continuously challenge ourselves to deliver the best possible execution by upgrading our technology infrastructure and liquidity providers as an ongoing process.
Your trading can benefit from no dealing desk order execution, leading technologies, better and faster order filling for more accuracy and greater potential profits, please some statistics below:
+ 78% of trades filled at requested price or better
+ 28% of Buy or sell orders filled with improved prices
+ 99.4% of trades executed in 15 milliseconds or less
+ 81% of stop loss, take profit and pending orders filled at asking price or better
+ The average value of price improvement is 0.3 pips
Read more: https://www.yadix.com/Execution-speed and Benefit from better execution and price improvements by trading with Yadix today.
Best regards,
Tony Edwards
Yadix Support Team
Yadix Forex Broker
Telephone: +44(0) 20 3239 6117
E-mail: support@yadix.com
Skype: yadix.forex
Rebates are a share of the broker's profits and are a percentage of the account spread or commission, any trader can earn up to 54% in rebate cash back.
Why are rebates so popular?
Rebates guarantee a return on your trading, win or lose and with no cost to you. If your trading is profitable, rebates add to your profits. If your trading activity is negative, rebates are a great way to balance and restrict your losses.
What are the restrictions?
There are no restrictions, you will get paid rebates for every trade you make, on all symbols and regardless of the strategy you use (manual or EA trading).
What's the catch?
There are no catches! You simply maintain the qualifying balance and trade according to the rebate program you chose. There are no limits to how much rebate you will get, the earnings are unlimited!
By trading with other brokers, you are losing money for every trade, so why not switch to Yadix, choose the best program for you and get real value for your trading.
To get started, please contact our live support team or your account manager today.
Best regards,
Tony Edwards
Yadix Support Team
Yadix Forex Broker
Telephone: +44(0) 20 3239 6117
E-mail: support@yadix.com
Skype: yadix.forex
Dear Clients,
We would like to invite you to take part in a new trading challenge!
Convert your volumes and choose your gift: iPhone X, Galaxy S8+, MacBook Pro or PlayStation 4.
Read more: https://www.yadix.com/forex-trading-community/promotions/Welcome-gifts/
Best regards,
David Bergman
Account Manager
Yadix Forex Broker
Telephone: +44(0) 20 3239 6117
E-mail: support@yadix.com
Skype: yadix.forex
Dear Traders,
I hope you are well.
We have exciting changes targeted to help our clients become better and more successful market traders, with effective trading approaches and improved trading conditions. I would like to arrange a time early next week to catch up and discuss, so please let me know a good time for you.
We have added new programs to our social trading community, with a new service where you can copy trades from profitable strategies, please see some of the popular options below:
Profile 3443 with monthly returns 8.75%
Profile 2271 with monthly returns 69.56%
Profile 1673 with monthly returns 39.32%
Profile 6513 with monthly returns 46.59%
I am looking forward to arranging our one-on-one session.
Best regards,
Tony Edwards
Account Manager
Yadix Forex Broker
Telephone: +44(0) 20 3239 6117
E-mail: support@yadix.com
Skype: yadix.forex
Dear Traders,
Accelerate your trading speed, benefit from lower latency and take advantage of more accurate order fills for your manual trading strategy or Expert Advisor with an average server ping time of 1ms from any location.
Your Free VPS is co-located in London to give you faster access to our Equinix LD4 trade servers and is optimized for faster trading. With outstanding up time, the VPS gives your EA the stability and connectivity needed to never miss a trade.
For a limited time (expires 01 October 2018) we have reduced the requirements to qualify for a free VPS. You can now qualify for this highly beneficial service by depositing $500 and trading 15 lots per month.
Read more here: https://www.yadix.com/forex-trading-community/promotions/Free-VPS/
Best regards,
Yadix Education Team
https://www.yadix.com/
Telephone: +44(0) 20 3239 6117
E-mail: support@yadix.com
Skype: yadix.forex
