- Forex offers the possibility of high returns
- Diversification in your investment portfolio
- Forex trading offers both long and short opportunities
- Mulder FX is specialized in currency trading
- Minimum investment €100'000,-
- We have achieved very good results
- Clients have 24/7 access to their own account
As we indicated last week, the big movements were in the beginning of the week. Towards the end of the week the movements were within a small range. Our expectation concerning the sterling was wrong, the GBP was steadily increasing every day, but with proper corrections.
The American consumer seems to have regained confidence. Very important as consumers are the engine of the U.S. economy. Consumer confidence rose in December to 74.2, from 71.6 in November. But with an unemployment rate of 9.8 percent, this remains the problem.
Three trading days is too short to say anything meaningful about the revised strategy. One week passed on and we are positive. We have achieved a good return on a weekly basis. The return of this month is still negative, but we seek to finish the final month of the year with a positive return.
Forecasts next week
There are many important macroeconomic figures on the agenda.This will determine the sentiment, will we head to 1.30 in the EUR/USD or will we see 1.34 again This morning it was announced that inflation in China is 5.1%, we expect the interest rate to be increased. Will there be a flight to safe haven currencies in the beginning of next week?
We'll see!
