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FreshForex
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FreshForex has been offering Forex trading services since 2004. Its key feature is lightening speed execution: starting from 0.05 seconds; this is backed by Smart Bridge Technology that helps hedge currency risks. Traders report there is no slippage on FreshForex, while the spreads are tight and the funds can be withdrawn quickly. The broker also has its own online store called Huckster, where anyone can buy a unique EA with 20% return or more. One can even become a FreshForex client without making any deposit, as there are many promotions and contests that help you get real money on your bonus account.

News FreshForex

June 03, 2020 in 20:02

TWO MAIN EVENTS OF WEEK: ECB DECISION AND NONFARM PAYROLLS

Dear clients,

On Thursday, June 4 the ECB Interest Rate Decision and on Friday, June 5 May Nonfarm Payrolls are to be released.

The main Bank's goal is to support the national currency and stimulate economic growth. NFP shows changes in the number of people employed in the USA non-farm sector. The total number of employed in this sector is about 80% of workers producing the USA GDP.

FreshForex analyst tells what to expect from these meetings.

ECB:

"The ECB will indicate the necessity to increase the repurchase of assets. Traders are waiting for the expansion of the incentive program by 650 billion euros. This is good news for stock indices. On Thursday, consider buying #DAX30, #CAC40, #SP500, #DJI30"

NFP:

"The United States is gradually lifting quarantine restrictions, which will have a positive effect on the labor market. On Friday, consider buying #SP500, #DJI30, #MasterCard, #DAX30"