05 March 2015
Situation of financial market in February:
Disease of deflation on Euro zone is getting stronger which presses EUR/USD. In the end of the February, the main currency pair of the Forex market lost 1.02%.
Decrease of unemployment and growth of salaries in the UK encourages bulls to open long positions with GBP/USD, which added 2.3% by the end of the month.
Positive Non-Farm Payroll in the USA was the main driver for the pair USD/JPY, which quotes grew by 2.17% in the end of February.
Short positions on oil were closed which was a positive fact for Brent and in February this oil sort added as much as 18.8%.
Deflation is trying to hit Great Britain and USA which made investors to get rid of XAU/USD in the last month of winter. In February cost of this metal lost 5.4%.
US inflation is decreasing and Fed Reserve is not going to toughen its policy in the nearest time. In this regard, bulls focused on the US stock market and promoted S&P500 index to a new High in February. By the end of the month, a leading stock indicator in the world added 5.32%.
Wish you good luck in trading!
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