Today, the Federal Open Market Committee (FOMC) will be concluding its two-day meeting, this is followed by a press conference where the interest rate decision will be announced.
The EUR/USD is trading choppy above 1.11, and Asian equities are facing moderate selling pressure after an upbeat US GDP and ahead of what the market is expecting to be a hawkish Fed sentiment.
The positive comments from the US GDP is likely to be overshadowed as the US central bank is expected to cut rates by 25 basis points on Wednesday, and to signal a pause in the easing cycle, the market has already priced in the 25 basis point cut.
A cut would be the first cut since the 2008 financial crisis, and therefore holds significance. So if the Fed delivers as expected, the statement and Powell’s words will be watched closely for clues about the future, however, there is a 16% chance of a larger rate cut.
The US Dollar has been rising since last week, particularly as market participants previously dampened rate cut expectations. A break lower than the critical resistance at 1.1100 could leave the pair vulnerable to a sharp drop, possible to around 1.1000.
Due to the significance of today’s decision, this event is likely to cause volatility in USD related pairs and US Stocks, which can led to new trends and excellent trading opportunities, and therefore we recommend that all traders be prepared.
To learn more, feel free to contact the Yadix live support team.
Dear Traders,
Would you like to get a free iPhone 11 Pro just by trading?
I would like to invite you to convert your volumes for the latest Apple's iPhone 11 Pro for free!
Contact me on live support and I will guide you how to get this amazing promotion.
Best regards,
Victoria
Support Team
Yadix Forex Broker
Telephone: +44(0) 20 3239 6117
E-mail: support@yadix.com
Skype: yadix.forex
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UK Prime Minitser Boris Johnson tweeted !We’ve got a new deal that takes back control” this was followed by Jean-Claude Juncker’s tweet “Where there is a will, there is a deal”.
The deal needs to be passed in the U.K’s parliament this coming Saturday as we come very close to the 31st of October deadline.
The markets have of course reacted to the news with sharp movements. We suggest that all traders check their margin levels and if needed, support your accounts with more capital.
In case of any questions, please feel free to contact our support team or your account manager.
Best regards,
Tony Edwards
Account Manager
Yadix Forex Broker
Telephone: +44(0) 20 3239 6117
E-mail: support@yadix.com
Skype: yadix.forex
We would like to update our Partners about our new product called xLocal that gives you the gateway to become a mini broker and earn like the broker.
xLocal is an advanced Partner product that will allow IB’s and Affiliates to achieve higher earnings, immediately through this perfect product for your success.
What will I get?
Using the xLocal you become the broker, you will get your own branded site, your own account types, promotions structure, branded live chat, corporate email, administration tools and many more amazing tools.
How can I earn up to 80% more using xLocal?
Unlike being an affiliate, here you earn like the broker and you can choose how you earn. You’ll have more control over elements that help generate higher profits and we predict you can earn between 50%-80% more than your traditional IB earning relationships.
What are the advantages of xLocal vs. traditional IB/Affiliate relationships?
There are too many advantages to list, so we’ve listed the most valuable benefits according to our existing successful xLocal partners, or refer to our xLocal brochure for more details:
- No longer lose any more traffic. Each client will be registered under your brand so your sales teams can work on converting leads and demos to real money
- You can choose your earning model, based on your insights and understanding of your own traffic in order to maximise your profitability
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Read the full xLocal information: https://www.yadix.com/documents/xlocal.pdf
Other products that might interest you:
1) White Label set up: http://www.quantixfs.com/docs/QXLabel.pdf
2) New Lead conversion tools: SMS & email post mastering free services to our partners
3) Generous Affiliate conditions
I’d love to tell you more, so please contact me to arrange a time to discuss the options and set your new partnership structure.
Best regards,
George Miller
Partners Team
Yadix Forex Broker
Telephone: +44(0) 20 3239 6117
E-mail: partners@yadix.com
Skype: yadix.forex
During October, we are celebrating ECN month and giving amazing value for our traders.
ECN Forex trading accounts are very attractive to EA traders, Day Traders, Scalpers, HFT's and normal manual traders who are looking for lower costs. At Yadix we understand this value and we offer some of the best real market ECN conditions available.
We also, ensure the highest quality DMA order execution and boost both fast and accurate order execution for all traders, on all accounts.
What can you save During October?
During October you can save as much as 75% on the minimum deposit requirements on the famous Yadix ECN accounts:
Scalper ECN Account
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Minimum Deposit: $500 - During October only $250!
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Minimum Deposit: $10,000- During October only $2,500!
VIP ECN Account
Spreads: 0 pips
Commissions: $2.50 per 100k traded
Minimum Deposit: contact support- During October only contact support!
Learn more here: https://www.yadix.com/trading-conditions/account-comparison/
