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How Will Vantage FX UK Help Forex Traders as Further QE Becomes Less Likely for the US Dollar?
By: Marketwired .
Dec. 18, 2012 05:05 AM
LONDON, UNITED KINGDOM -- (Marketwire) -- 12/18/12 -- Based on the FOMC (Federal Open Market Committee) minutes from their meeting on the 11th of December, there is a clear indication that further Quantitative Easing will be less likely to hit the US Dollar.
The current open-asset purchase program looks likely to be extended beyond the $40B monthly limit with 'Operation Twist' at an end. A generally positive atmosphere has been growing in the US due to:
-- Private sector credit expansion -- Housing market recovering -- Reduced unemployment
However, carrying the current policy stance into the New Year may just be a stalling tactic as wage growth has been slow, along private sector consumption. The Dollar could still be in for some trouble if the Fed decides a stronger recovery needs to be encouraged in 2013.
How Can Vantage FX UK Help?
As a multi-award winning forex broker, Vantage FX UK is ideally placed to provide both experienced and novice forex traders with the tools and education they need to deal with this event and all similar ones in the future.
Forex Tools Available to Vantage FX UK customers:
-- Meta Trader 4 - the most popular and best in class trading platform which is used globally for its comprehensive charting package, essential tools and all-in-one forex features - Vantage FX UK customers will also have access to new unique enhancements -- Autochartist - Powerful chart-pattern recognition software which offers traders a market leading level of technical analysis that helps Vantage FX UK account holders gain confidence in their trading decisions. -- EA Labs - Expert Advisory test lab allows traders to see the performance of certain expert FX experts before using them on their own account. -- Forex Strategy Software - Includes: Forex Strategy Builder and Forex Strategy Trader
Vantage FX UK can also offer access to watch Expert Advisors (via EA Test Lab) who provide insight on trading pairs, performance stats and trade-by-trade descriptions and events such as the current FOMC fall out.
(NB: EA Labs are provided for information and education purposes only.)
About Vantage FX UK
Vantage FX UK is an internationally recognised Forex broker based in the City of London, providing foreign exchange trading services to clients in the UK, the EU and the rest of the world.
What sets forex brokers Vantage FX apart is its wide range of services and outstanding level of customer support. The company strives to provide an intuitive, interactive Forex experience by continually innovating and taking advantage of the latest trading technology, such as MetaTrader 4 and Expert Advisors as well as offering handy tools such as a forex market calendar.
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