Market Analytics

UBS: dollar’s long-term advance against euro will go on

Tuesday, February 21, 2012 - 10:00

Analysts at UBS claimed that the single currency will continue declining versus the greenback in the longer term from the record maximum at $1.6038 reached in July 2008.

The specialists think that US dollar will break its negative relationship with oil prices as the United States become more independent of foreign energy supply due to the development of shale-gas deposits and an increase in domestic oil production.

Chart. Daily EUR/USD

 

Feedback

FBS always updates market news, that's the most important for me. Feel confident to make trades after reading market news by FBS.
Mang_Ncep (Indonesia)
FBS makes me comfort in trading. My orders have always fast execution, my withdrawals into my LR always process properly. So there is no problem with FBS.
nullah (Indonesia)
FBS is great!!! I have been trading for 1 year with this broker. The bonuses are great too!!! You can use EA and scalping with no restrictions. Recommended broker!
Riki Ismayana (Indonesia)
More Feedback
 

Visa

Forex trading is one of the most popular ways of investment today. Online forex trading is an efficient way to gain profit. You can select forex trading, cfd trading or futures trading. It is important to develop your forex trading system. There is a number of forex trading strategies but not all of them are profitable. FBS offers Metatrader 4 forex trading platform for your convenience. It is one of the most popular forex trading platforms in the industry. You can work out your own forex trading systems with this platform. Finding your own forex trading strategy from the variety of forex trading strategies can be a key to success. Apart from that we offer online futures trading and forex futures trading.

Copyright © 2012 FBS Markets Inc. All rights reserved.