de | cn | ru

Brokers News

Forex.com: USD becoming a global safe haven in 2012

FOREX.com, the retail division of GAIN Capital, a global forex broker known for its fast execution (over 99% of all orders executed in less than a second), today released its 1Q Markets Outlook report focusing on major economies' currency movements as well as across asset classes. 

 

In 1Q 2012, FOREX.com analysts expect worldwide economic growth to stall, increasing the possibility of a global recession.  As a result, we foresee the USD becoming a global safe haven, gaining strength from repeated waves of risk aversion triggered by potential events such as EU sovereign ratings downgrades, weak economic data, and ongoing credit market stresses in Europe.
 
"We are not anticipating an outright collapse of the euro zone, but price falls are likely to be sharper and steeper than any rises. We also can't exclude the possibility of a catastrophic decline in the stock market along the lines of the 2008 market meltdown," said Brian Dolan, chief currency strategist, FOREX.com. "Investors seeking relative stability will look to the USD. Therefore, we expect the USD to gather momentum in the first quarter," he explained. 
 
Other expectations from the FOREX.com 1Q 2012 Markets Outlook include:
 
*    A USD rally being generally bearish for commodity prices overall.
 
*    Massive amounts of EU government and bank debt needing refinancing in 2012 with investors being increasingly skittish, conceivably leading to defaults
 
*    Swiss National Bank and Bank of Japan continuing to intervene to prevent CHF and JPY from strengthening further providing possible trading opportunities
 
*    Bank of England pursuing a third round of asset purchases after the current program is completed in March, maintaining downward pressure on Sterling
 
*     In addition to financial risks in 2012, investors need to judge significant political risks that could make for a volatile first quarter
 
The FOREX.com research team also highlights potential price ranges for key pairs, such as EUR/USD, GBP/USD, USD/JPY, USD/CHF, and AUD/USD.  Key cross-currency pairs like EUR/JPY and EUR/GBP are also covered.
 
The FOREX.com Markets Outlook provides commentary and market forecasts with its view of the direction of the world's major currencies and other key financial markets. The report is prepared by Mr. Dolan, Research Director Kathleen Brooks, Senior Technical Strategists Daniel Hwang, Chris Tevere, CMT, Eric Viloria, CMT, and Research Analyst Chris Tedder.
 
The full FOREX.com 1Q 2012 Markets Outlook Report is now available at www.forex.com under "Research & Ideas".
 
Forex and spot metals trading involve significant risk of loss and is not suitable for all investors. Contracts for Difference (CFDs) are not available to US residents.
 
The opinions and information in this report are for general information use and are not intended as an offer or solicitation to any product offered.
 
About GAIN Capital
 
GAIN Capital Holdings, Inc. (NYSE: GCAP) is a global provider of online trading services. GAIN's innovative trading technology provides market access and highly automated trade execution services across multiple asset classes, including foreign exchange (forex or FX), contracts for difference (CFDs) and exchange-based products, to a diverse client base of retail and institutional investors.
A pioneer in online forex trading, GAIN Capital operates FOREX.com®, one of the largest and best-known brands in the retail forex industry. GAIN's other businesses include GAIN GTX, a fully independent FX ECN for hedge funds and institutions, and GAIN Securities, Inc. (member FINRA/SIPC) a licensed U.S. broker-dealer.
 
GAIN Capital and its affiliates have offices in New York City; Bedminster, New Jersey; London; Sydney; Hong Kong; Tokyo; Singapore; Beijing and Seoul.
 

 

TAGS: forex.com  gain capital  2012 forecast  usd 2012 

More news about Forex.com

Broker Country Regulation Platform Min Deposit Review
Cyprus, UK, Mauritius CySec, FCA, IFSC MT4, MT5, Web $10 Review Website
Cyprus, Australia CySec, ASIC MT4, Web,
Mobile app
$100 Review Website
Australia, Cyprus ASIC MT4, MT5,
IRESSTrader
$100 Review Website
UK, Cyprus, Australia FCA, CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia, South Africa FCA, ASIC, FSCA MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
Markets,
cTrader
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
Cyprus, UK CySEC, FCA MT4, MT5 $1 Review Website
Australia ASIC MT4, MT5 $100 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website
Australia, UK ASIC, FCA MT4, MT5,
cTrader
$200 Review Website

More Forex Brokers News

Vantage Prime will no longer service non-Australian clients

May 20 2019 13:36:39

  Vantage Prime, which is a part of the Vantage FX group, announced it will no longer service non-Australian clients, online media Finance Magnates reported today. The broker’s decision is taken due to regulatory concerns. Read more

Dukascopy warns it has no cooperation with shady broker GCG Asia

May 16 2019 13:29:47

  Swiss forex brokerage and bank Dukascopy has repeatedly warned investors that it is has no cooperation Guardian Capital Asia (GCG Asia) and that the latter is likely involved in a fraudulent scheme. Read more

$75 mln forex Ponzi scam revealed in the US

May 03 2019 16:46:08

The Commodity Futures Trading Commission (CFTC) in the US has filed charges against Florida based Oasis International Group, Oasis Management and Satellite Holdings along with their owners for running a 75 million USD Ponzi scheme, concealed as forex investment program. Read more

Australians lost $86 mln to investment scams in 2018

May 02 2019 17:04:18

Australians lost over 86 million USD to investment scams in 2018 alone – the biggest portion of the almost 490 million USD  in losses from over 378 000 scam reports, the latest report of the Australian Competition and Consumer Commission’s (ACCC) reveals. Read more

FXTM now offers a deposit bonus of up to $5 000

Apr 25 2019 11:10:24

  Global award-winning brokerage FXTM has launched their biggest deposit bonus promotion ever. The broker is now offering an extra 30% back from every amount their traders deposit over a period of 30 days, up to a total of $5,000. Read more

FXTM appoints Han Tan as a Market Analyst for Southeast Asia region

Apr 19 2019 13:28:36

  Global award-winning forex broker FXTM has just announced the appointment of Tan Chung Han (Han Tan) as a Market Analyst. Read more

FXTM gets a license from Mauritius’ FSC

Mar 28 2019 09:59:36

  Award-winning forex brokerage  FXTM (ForexTime) continues its ongoing global expansion. The broker announced it has acquired a license from the Financial Services Commission (FSC) of the Republic of Mauritius previous week. Read more

Fortrade is the first broker to get an ASIC license in nearly 2 years

Mar 20 2019 15:03:35

  Fortrade acquired a financial services license from the Australian Securities and Investments Commission (ASIC), which hasn’t been very welcoming of new retail forex broker applicants lately. Read more

FP Markets launches a suite of cutting-edge MT4 tools for traders

Mar 06 2019 14:31:42

  FP Markets, a market-leading Forex and CFD provider, launches MT4 Trader Toolbox, a suite of twelve online trading tools which will take their clients’ trading to the next level. Read more

Major broker IG launched its US website

Jan 31 2019 13:15:37

  Global brokerage IG launched its website intended for US retail clients (www.ig.com/us). Residents of the US (with the exception of those in Arizona or Ohio) can now register on the broker’s website in less than 5 minutes and start trading. Read more

de | cn | ru