Thread: Forex News from InstaForex

Malaysian Ringgit Weakens To 4-week Low Against U.S. Dollar



The Malaysian ringgit weakened against the U.S. dollar in the Asian session on Friday. Against the greenback, the ringgit fell to a 4-week low of 3.2092 from an early high of 3.1960. At yesterday's close, the ringgit was trading at 3.1975 against the greenback. If the ringgit extends its downtrend, it is likely to find support around the 3.21 area.


News are provided by InstaForex.

PAMM INVESTOR: BEST TECHNICAL TO INCREASE PROFIT FOREX TRADING

PAMM stands for Percentage Allocation Management Module (PAMM).
That is a perfect investment method to invest funds or capital you have in transactions with Instaforex traders without any minimum or maximum limit on the number of investment value.


PAMM is an interactive service for automated trading. Trading is done by experienced traders to manage their capital and or capital from investors (other traders). The main point of the workings of PAMM-system is the trader's opportunity to receive investments from other traders or by using its own funds in the account. With this, investors should use the PAMM-system to increase the profit earned from the trading is done by traders (0.5% - 2.5% per day).
All transactions in the PAMM system is done automatically by the broker who organizes the PAMM system.
After joining with InstaForex and trading for some months, I get the picture that the PAMM-accounts system in InstaForex broker is very easy to understand about how it works, and according to my opinion, as stock broker InstaForex taken of investors, providing the right same for all traders and investors to separate the total assets or the investment of the trader or other traders. At the end of the trading business of buying and selling the profit in the PAMM-account will be shared equitably between the two (the investor) PAMM-account, and the Managing Trader who received the award as mentioned in the contract (0.5% - 2.5% per day)., Which is described in the form of percentage of the total profit in the affairs of foreign currency trading market.


The terms that need to be understood in the InstaForex PAMM system
- PAMM trader is a person who is believed to be trading. There are other brokers termed the PAMM Manager. PAMM trader earns a commission from doing trading results.
- PAMM Investors are people who invest their funds to the PAMM trader. Any number of investor funds in the account each PAMM Traders depend on confidence in achieving a positive outcome of their transactions;
- PAMM Monitoring is investor can view, monitor, open trade, closed trade conducted by PAMM-Trader in the cabinet of your client in a portion of PAMM System. Here a PAMM investors get all the information about PAMM trader. Investors have access to monitor transactions by trader selected to manage investment funds. In this case the investor can determine the gain or loss on investments, all presented in a transparent manner.
- Fund segregated in PAMM system means the invested funds managed by fund separated PAMM trader. In short PAMM trader fund is managed separately by PAMM investor. Pointnnya is guaranteed protection against withdrawal of funds made ​​by PAMM trader; trader can only engage in transactions and limited the trader's own funds. In other words, your investment will be secured, and there will be no cheating that can be done by the trader. Traders can not draw or take your investment funds. Traders can only manage or manage your investment funds in trading. So, there can be no fraud / scam that can be done by PAMM trader.
- The results obtained by the same trader with the results obtained by the investor, if the trader had 50% profit then it is certainly investors also experienced a 50% profit (trading done at the same time). vice versa, if the trader experienced loss of 13% then it is certain also investors also experience loss of 13%. so that the benefits and risks in the system is borne by the respective owners of the funds.


PAMM Investment Advance:
- Capital investment with light.
- You do not need to interfere with the business of trading.
- The level of risk is relatively low.
- Transparency, you can monitor the trading results at any time.
- You can do a rollover (take profit without reducing the principal capital investment) at any time, without any penalty imposed.
- The system for more profitable results Investor.
- Investment of your safe.
- There is no scam, cheating, or fraud.
PAMM trader is under the control of the Company InstaForex Companies Group © 2007-2013. All the investment process, including the transfer of funds and profit sharing, entirely done by Instaforex Company. Traders only manage your investment funds, and traders can not take / draw your investment funds.


The calculation of profit sharing investment Instaforex PAMM.


Distribution of profit and loss is calculated based on the percentage of the investment that has been agreed upon by traders and investors, the same calculations both profit and loss.




example:
* A trader has a trading capital of $ 200,
then open up investment opportunities with a 25% profit sharing system: 75%.
Then there are 2 investors who invest funds to the trader with the following details:
* Investor1 invest funds of $ 300.
* Investor2 invest funds of $ 500.
Thus, the total amount and composition of capital ownership has changed as follows:
Total Capital = $ 200 + $ 300 + $ 500 = $ 1000
Ownership of capital:
* Investor1 = ($ 300 / $ 1,000) x 100% = 30%
* Investor2 = ($ 500 / $ 1,000) x 100% = 50%
* Trader = ($ 200 / $ 1,000) x 100% = 20%
Then after 1 month (1 period investment), traders gain $ 300. Then the distribution of profits is:
* Investor1 = 30% x $ 300 = $ 90
* Investor2 = 50% x $ 300 = $ 150
* Traders = 20% x $ 300 = $ 60


Then according to the initial agreement, 25% profit sharing system: 75%.
Then Profit received by Investor1 and Investor2 will be cut by 25% according to the initial agreement that the system of 25%: 75%. as a commission on the successful traders in managing investment funds so as to produce a profit.






After the end of the investment period, investors can do the following:
• Interesting entire investment fund, then do not invest anymore.
• Attract any profit generated, the initial capital remains invested for the next period.
• Or the entire invested capital + profit for the next period.
Before You Sign as Investor at Instaforex PAMM system, you should understand the following two important things:
• You are required to understand the "FOREX".
• Understand and be familiar with the risks in forex trading.
If you already know and understand the two issues above, please try


For those interested in the InstaForex PAMM-system it is first necessary to open a trading account through this link: http://instaforex.com/index.php?x=IVGC and if interested in the PAMM traderhttp://instaforex.com/id/pamm_monito...trader=5179620 then please invest your funds of at least $ 1
After opening a new account, please login to the client cabinet, select the System menu and select PAMM PAMM-Investor (Do not forget about the rules of the existing agreement). then please click on this linkhttp://instaforex.com/id/pamm_monito...trader=5179620 PAMM Trader and looking Courant "Invest" and put the amount that you are willing to invest


Thank you

Best Wishes

New Zealand Commodity Prices Fall Further In July



New Zealand's commodity prices declined for the fifth consecutive month in July, results of a survey by ANZ showed Monday. The ANZ commodity price index fell 2.4 percent month-over-month in July, which was faster than the 0.9 percent decline in June. Whole milk powder prices decreased the most, by 12 percent, in July. Subsequently, prices of diary products such as butter, cheese, skim milk powder and casein declined in July. Prices of apples fell 4.3 percent in July as demand from Europe softened, though the decrease was offset to some degree by demand from Asia. Also, prices of logs and wood declined in July. However, prices of beef increased 11.3 percent in July. Aluminum prices rose 5.5 percent and kiwifruit prices improved 0.9 percent. Sheep meat prices also increased in July. On a year-over-year basis, commodity prices fell 3.3 percent in July, dragged down by the 18.6 percent drop diary prices. However, meat prices rose 21 percent and aluminum prices grew 9.5 percent. In terms of local currency, commodity prices dropped 3.5 percent month-over-month and 11.6 percent year-over-year in July as the New Zealand dollar strengthened.

News are provided by InstaForex.

Hong Kong Private Sector Activity Improves In July



Hong Kong's private sector activity expandedin July as output improved, results of a survey by Markit Economics and HSBC Bank showed Tuesday. The HSBC purchasing managers' index, or PMI, for the private sector, rose marginally to 50.4 in July from 50.1 in June. This marked the highest reading in five months and signaled continued expansion in activity. A reading above 50 indicates expansion in private sector activity. Private sector output grew for the first time in five months, though at a slow pace, in July. Client demand improved in July as demand from Mainland China increased. However, new orders declined for the third consecutive month, though at a marginal rate. Job shedding decreased to the slowest rate in four months in July. Input costs increased further but at the second-weakest rate in eleven months. Output prices increased marginally and the rate of increase was the joint-slowest since the start of the current sequence of inflation began in May 2013. "Hong Kong's economy is stabilising, although it is still not yet back to normal as the PMI for July only showed a marginal return to overall growth and new orders remained in contraction. Still, there was an encouraging rebound in new business from China, which could potentially be sustained given the improving economic data from the Mainland of late," said John Zhu, HSBC economist.


News are provided by InstaForex.

Yuan Strengthens To Near 2-month High Against U.S. Dollar



The Chinese yuan strengthened against the U.S. dollar in the Asian session on Thursday. Against the greenback, the yuan rose to nearly a 2-month high of 6.1570. At yesterday's close, the yuan was trading at 6.1625 against the greenback. If the yuan extends its uptrend, it is likely to find resistance around the 6.14 area. The People Bank of China set today's central parity rate for yuan at 6.1670 per dollar, compared to Wednesday's reference rate of 6.1681. The central bank sets the reference rate every morning and allows the currency to move upto 2 percent from that level.

News are provided by InstaForex.

Usd/cny Review




Quotes from Standard Chartered:
-China's official manufacturing PMI for July, at 51.7, was the highest since H1-2012. This has translated into a pick-up in sentiment and a sharp rise in the Chinese yuan (CNY).
-Despite broader US dollar (USD) strength causing the fixing to move higher, the move in onshore USD-CNY has caused spot and the fixing to converge. USD-CNY is now trading at the strong end of the band for the first time since March 2014.

News are provided by InstaForex.

Japan Money Supply Rises As Expected In July



Money supply in Japan increased at a stable rate in July, confirming the consensus estimate, the Bank of Japan said Monday. The M2 money stock grew 3 percent year-over-year in July, the same rate as in June. This confirmed economists' expectations. The M3 money supply increased 2.4 percent year-over-year, in line with the consensus estimate, following a revised 2.5 percent increase in June.


News are provided by InstaForex.

Australia Business Confidence Climbs In July - NAB



An index measuring business confidence in Australia touched a four-year high in July, the latest survey from National Australia Bank revealed on Tuesday - showing a score of +11.
That's up from +8 in June.T
The index for business conditions came in with a score of +2, rising from +2 in the previous month.
Among the individual components of the survey, home construction, retailing, sales, profitability and employment all showed improvement in July, the bank said.


News are provided by InstaForex.

Japan GDP Dips 6.8% On Year In Q2



Japan's gross domestic product tumbled 6.8 percent on year in the second quarter of 2014, the Cabinet Office said in Wednesday's preliminary reading. That beat forecasts for a decline of 7.1 percent following the downwardly revised 6.1 percent gain in the first quarter (originally 6.7 percent). On an annualized quarterly basis, GDP dipped 1.7 percent - also beating expectations for a contraction of 1.8 percent following the downwardly revised 1.5 percent increase in the previous three months (originally 1.6 percent). The GDP deflator was up 2.0 percent on year, beating forecasts for 1.6 percent after easing 0.1 percent in the first quarter.

News are provided by InstaForex.

New Zealand Manufacturing Sector Slows Slightly



The manufacturing sector in New Zealand continued to expand in July, albeit at a slightly slower pace, the latest Performance of Manufacturing Index from Business NZ revealed on Thursday with a score of 53.0. That's down marginally from the upwardly revised 53.4 in June (originally 53.3). A reading above 50 signals expansion in a sector, while a score below means contraction. The index has been in expansionary territory for 22 straight months. All five individual components expanded in July, including new orders, production, employment, finished stocks and deliveries.

News are provided by InstaForex.