MT4 – The Indispensable software For Professional trading  

 

MT4 Platform

In CFD/Forex Trading, we will usually use the broker’s website or application trading platform, and they will be pretty simple for traders to make trade decisions quickly. However, due to the simple factor and the primary purpose is to help investors make buy and sell orders, this software will lack the elements to help investors monitor and analyze the market. To easily track and find factors for market analysis, investors need another specialized software, and MT4 is a free software born for this purpose.

Indeed if you have ever participated in forex investment, everyone already understands MT4 software, but if you have never invested, please read the article to overview basic features and usage. Of the MT4 software.

About MT4

MT4’s full name is MetaTrader 4 is a trading platform developed by MetaQuotes Software for forex, CFD investment. The primary function of MT4 is to help investors quickly make statistics and track asset prices, thereby providing analysis and trading. Although MT4 does not support direct binary options trading, only forex transactions, we can still use it to analyze and predict market trends.

Install software

To install the software, we can quickly go to the homepage of MetaQuotes to download (metaquotes.net) or website: metatrader4.com.

Meta Trader 4 Installation
This is the installation screen after we download it from the website. The software installation is straightforward; leave the software in the default setting and press the “next” button. Thus, after only about 3 clicks, you can complete the installation.

After the installation is complete, the software will display a notice to open an account. Please fill out the information completely and remember to check the box “I agree to subscribe to your newsletter.”

MT4 software overview

MT4 InterfaceMT4 opens 4 windows by default with charts showing 4 different currency pairs. We can turn off or minimize each window, and this is where we keep track of our asset prices.

At

the top, we will see a toolbar with buttons such as creating a new chart, creating a profile, toggling the market watch, navigator, or terminal areas, zooming in and out, and selecting the chart type. And 3 commonly used buttons are adding indicators (indicators list), time frames (periods), and creating templates (templates).

Under the toolbars on the left will be the MarketWatch frame to monitor the prices of currency pairs, gold prices, and indices.

Under the MarketWatch is the “Navigator” window where you can monitor your account metrics and some advanced features.
The bottom area, “Terminal,” includes 6 areas, in which the Trade tabs (transactions), account history (account history), Alerts (warnings), Mailbox (mailbox) we need to pay attention to.

Charts and settings

Color

you can set the color of the charts according to each trader’s style and preferences. Right-click on the price chart and select “Properties” to choose the color and other chart features.

Template

Templates are templates that contain the settings you want. You can save the “save template” template when all settings are done. Then when creating a new chart, you need to apply the desired template and no more installation work.

Price bar

Price bars here are the bars that represent the price of the asset appearing on the chart. By default, the price bar is a candlestick style, and you can choose a bar or line style. Please click on the 3-button area to choose the chart type to get familiar with.

Indicators

Various statistical indicators can be added to the price chart. Select Add Indicators in the toolbar to select the indicators that you find essential.

Time frame

MT4q

Usually, we can choose time frames like 1 minute, 5 minutes, 15 minutes, 30 minutes, 1 hour, 4 hours, 1 day, 1 week, and one month. With different time frames, we can see different trends in the market.

Thus, you have grasped the essential elements and simple settings to help you gradually explore MT4. Getting started can be quick, but discovering the full power of MT4 takes a lot of time and knowledge. I hope you will use it to turn this into a powerful tool, an essential software when trading CFDs.

Introduction To Forex Trading

What is Forex? Learn about the forex market for beginners

What is Forex?
Forex stands for Foreign Exchange, also known by many names as FX, spot FX, foreign exchange market. In short, Forex – Forex is a global decentralized financial market for the exchange, buying, and selling of world currencies. A forex investor can trade currencies and earn profits. profit from the difference in exchange rates between the currencies of two countries

If it is currency trading, why not go to the bank to change it quickly?
Because it will cost you money to convert.
Since you can’t profit, it even loses money in fees.
Long wait time to get the transaction -> lost opportunity cost
And Forex doesn’t just stop buying and selling currencies, but now Forex also allows trading of oil, gas, cryptocurrencies, etc. With things like oil and gas, of course, you can’t run out. Outside, tell the seller, “get me 1 liter of oil” or “get me 1 gas can,” right?

Forex trading is the market that best fits the theory of perfect competition. When customers trade on the foreign exchange market, there will not be any producer or consumer who has the right or ability to control the market, affecting the price.

The beginnings of today’s Forex market began in 1970, after three decades of government restrictions on foreign exchange transactions. Many different factors caused this advance, but in general, the US officially withdrew from the Bretton Woods monetary system, allowing the exchange rate to float.

Essential terms in Forex investing
Pip: Pip is the smallest unit of price movement of the currency pair, equivalent to 0.0001 of the quoted price. When the bid price (buy price) of the EUR/USD currency pair moves from 1.1779 to 1.17780, the value of the currency pair changes by 1 pip. (For more information: What is a Pip ?)

Spread: Spread is the difference between the bid and asks prices of a currency pair. Popular currency pairs often have low spreads – even less than one pip, and less commonly traded currency pairs have higher spreads. 1 note for traders when trading Forex to make a profit, the value of the trading currency pair must exceed the spread. (Refer to What is Spread ?)

Margin (Margin): Margin is the amount deposited into the account trader exchanges his broker. However, because Forex Traders with Retail accounts often don’t have the margin needed to execute large volumes of trades and improve profits, many Forex and CFD brokers allow traders to use leverage ratios. (Refer to Margin in forex trading )

Leverage: Leverage is the capital provided by the Forex floor so that traders can make a larger volume of trades with the money they have. If you use 1:10 leverage and have $1,000 in your account, you can invest up to $10,000 in Forex. If the above trade is successful, the leverage will multiply the profit by 10 times. (Refer to How to use financial leverage most effectively )

However, if it fails, the loss is multiplied by 10 times. Therefore, traders must be cautious when using leverage ratios. Suppose the account balance falls below $0. In that case, the trader can activate the negative balance protection policy offered by the exchange (in the case of trading with an ESMA-licensed and regulated stock exchange). The order will be automatically closed at that time, and the account balance cannot go below $0. Thanks to that, traders will not owe money to the stock exchange.

What are currency pairs in forex trading?
Today, there are many currencies in the world and currency pairs on the forex market. Some of the most popular Forex currency pairs:

US Dollar ( USD )
Euro ( EUR )
British Pound Sterling ( GBP )
Japanese Yen ( JPY )
Swiss Franc ( CHF )
When pairing currencies with the USD, we have the major currency pair ‘Forex majors’ – the Forex currency pairs with the most significant trading volume are:

EUR/USD
GBP/USD
USD/JPY
USD/CHF
When pairing 2 common currencies that do not contain USD, we have ‘Cross pairs’ cross currency pairs, like:

EUR/GBP
GBP/JPY
CHF/GBP
In addition, we have 3 other currencies that are often traded when playing Forex:

New Zealand Dollar(NZD)
Canadian Dollar(CAD)
Australian Dollar(AUD)
The ‘Forex minor’ minor currency pairs contain the above currencies against the USD:

NZD / USD
CAD / USD
AUD / USD
The remaining pairs, known as ‘exotic pairs,’ account for 10% of Forex trading.

Exotic pairs contain currencies not mentioned above, such as the Hong Kong Dollar (HKD), Norwegian Krone (NOK), South African Rand (ZAR), and Thai Baht (THB). Exotic pairs combine a primary currency and a minor, uncommon currency.

When starting, traders only focus on major currency pairs because of the daily volatility and low spreads.

However, traders should be aware that they also have many other trading opportunities, from exotic currency pairs to trading CFDs on stocks, commodities, energy futures, to indices.

You even have indicators that track other indicators and are fully tradable with them.

Traders can seek investment opportunities from many different markets. Don’t limit yourself to a single trading instrument or market.

Limiting the market can lead to overtrading, which increases the risk of putting all your capital in one basket. Therefore, diversify your portfolio to maximize profits.

Currencies on the market are traded in pairs – for example, the Euro and the USD. When making a trade, the trader can see 2 prices: BUY(Bid) and SELL(Ask).

Want to buy into Euros with USD? Open a EUR/USD trade and press the “Buy” button.

Want to buy USD with EURO? Do the same and select “Sell.”

Very simple, remember your order always applies to the first currency in that pair.

If you are buying a currency or making a long trade in the market, you are always hoping that the value of the currency pair will increase to sell it at a higher price and profit from it. exchange rate difference

If you are selling a currency or making a short trade in the market, the opposite – the trader expects the currency pair’s value to fall so that he can repurchase it at a lower price and profit from exchange rate differences.

Liquidity from the Forex market
If it is said that traders – investors, when playing electronic coins, can be manipulated by sharks, messing with the crypto market, then the forex trading market never has that happened. The reason is that Forex is a global trading market through the inter-central banking system of countries, so liquidity and transparency are almost certain.

Individuals cannot participate independently but must go through a broker, commonly known as Brokers – Forex floors. You will have to find the most reputable forex broker globally or have a representative office in Vietnam to open an account to make transactions.

A currency’s liquidity is how much it can be bought and sold at a time. The most liquid currency pair will be the currency pair with the most significant supply and demand in the Forex market at trading. So how are the supply and demand created? It is created by banks, businesses, importers and exporters, and traders.

The major currency pairs are usually the most liquid
EUR/USD moves about 90-120 pips on average daily.AUD/NZD moves around 50-60 pips a day USD/HKD only moves about 32 pips a day (money values ​​are usually recorded with 5 decimal places). comma after comma)

1 Pip = 0.0001. So if USD/HKD moves from 7.75686 to 7.75696, it means it has moved one pip). The major currency pairs have the most liquidity, giving traders the most short-term Forex trading opportunities.

What is CFD – Spot Forex in forex trading?
In the process of learning about Forex investing, traders must have come across the phrase ‘Forex CFD.’ Currently, in Vietnam, there are 2 ways to invest in Forex: CFD (Contract for Difference) or Spot Forex (margin).

Spot Forex is concerned with the buying and selling of actual money. Assume a trader directly converts USD to EUR. Then, when the value of the EUR currency increases, the trader converts the Euro to USD and makes a profit from the exchange rate difference, which means that the trader will collect more money than the previous amount.

CFDs are ‘Contracts for Difference’ used to reflect price movements of financial instruments. Instead of directly buying and selling large amounts of currencies in forex trading, traders can profit from price action without owning the actual asset.

In addition to Forex, CFDs are available on stocks, indices, bonds, commodities, and cryptocurrencies. In any case, traders can trade price action with these financial instruments without buying them directly.

Leverage in the forex market
In addition to having access to many financial markets, the Forex CFD market also offers leverage that allows traders to trade more significant amounts than they own. As a result, increased trading profits can be achieved.

Trade Forex CFDs (leverage 1:20)Traditional Trading Deposit USD $500USD $10,000 Trade EUR/USD with an opening price of 1.16766, a closing price of 1.16966 and a spread of 0.00200Trader gain $200, equivalent 40% Traders earn $200, or 40% Trade EUR/USD with the opening price of 1.16766, the closing price of 1.16532 and spread 0.00234Trader losing $234, equivalent to 46.8%Trader lost $234, equivalent to 2.34%Advantages of the forex market compared to other markets

Its huge trading volume represents the world’s largest asset classes resulting in very high liquidity in trading;

Continuous operation 24/24, except 2 weekends. Trading hours from 20:15 GMT on Sunday until 22:00 GMT on Friday;

Using a capital leverage system to increase profit margins, you only need to spend 100$. With many brokers (brokers) using 1:1000 leverage, the amount you can trade up to 100 x 1000 = 100000 USD.

Profits are enormous if you know how to invest and manage your emotions when investing.

Extremely high liquidity can execute orders immediately. For example, with a stock, you post an order to sell, then you have to wait to see if someone matches the buy order at that price, then the broker will execute the order. As for Forex, as long as you place a buy or sell order, the order will be matched almost immediately.

You can define “take profit” and “stop-loss” points on your account. When you are in profit, you close the order to take that profit, or when you are losing, you stop the order at that time so as not to lose more.

Learn and trade for free with a DEMO account. The advantage of this account is that when you sign up, the DEMO account will give you some virtual trading money, and you use that money to trade on the forex market.

The amount earned or lost will still show on the account, only you cannot withdraw it from the account because it is only a DEMO account.

You can trade anywhere, as long as you have a smartphone or laptop with wifi connection.

Make money 24/24 because even Saturday and Sunday, the market is still open (free market), and you will still be able to trade.

However, please consider when trading at this time because major banks will not work on these 2 days, the market will be floating, so there will be many problems with manipulation and price manipulation.

How to earn income from Forex – the forex market

To profit in this market, you need to understand the simple concept: You buy a currency pair at a low price and sell it at a high price, then you will profit from the difference—that rate. The broker will, of course, take a commission from each of those trades, called the spread.

Assuming you have $100 in your trading account, you want to enter a EUR/USD trade. With an exchange rate of 1.25, that is 1EUR = 1.25USD. To put it simply, the exchange rate is like the price tag of a product in the supermarket, and the difference between the price tag in the supermarket and the Forex is that in this market, the price tag is continuously updated and changed hourly.

Today, you believe that EUR will appreciate against USD, and you use 100USD to buy 100/1.25= 80EUR. In the ideal condition, your prediction is correct. Then you will get the following profit:

Exchange rate EUR / USD will rise, ie 1.25 1.35 (up 0.1). In this case, you will have a profit, and you will take profit at the moment when the exchange rate changes. At this point, 80EUR = 108USD -> you get 8$ profit.

You see that 8 USD is too little for your efforts, then as Danhgiasan.com mentioned in the advantages of the forex market, in this market, you have 1 more mechanism as leverage. There are many brokers for 1:1000 leverage, and in this case, you take 8$ x 1000 = 8000USD. If you correctly predict the market trend, this is the number you will get. The profit figure is immense.

However, with more significant profits, the risk in the market also increases, so you need to improve your knowledge of risk management because it is a part of this forex market.

How to know the currency rate, which currency pair to buy, and when is the right time to sell or buy it?

You need to know that the exchange rate of a currency pair depends on many factors such as supply and demand factors, the country’s economic situation (GDP, inflation, labor market situation, etc.) ). If you understand these factors, you will get 90% of the winnings in trading in the forex market.

2 types of analysis that I like to make money suggest to you
Fundamental analysis
You should follow the economic situation and market news, especially the Nonfarm newsletter, because this news dramatically influences the forex market. Follow news from official channels abroad, follow news updates. All will help you a lot in trading.

Technical analysis
Use chart charts to predict the trend of currency pairs. Similar to how to analyze charts in stocks, cryptocurrencies,

Trading CFDs in The UK

Enjoy online trading as you’ve never done before. You can find investment possibilities on leading financial marketplaces with eToro’s trading app. At the stroke of a button, you may gain access to the most recent trade information, as well as in-depth instructional features, extensive financial analysis, and the day’s top financial articles.
CFD trading is offered in the UK on various financial markets, including FX pairs, cryptocurrencies, indices, options, commodities such as gold and oil, and other worldwide equities. The S& P500 index is prevalent among CFD traders in the United Kingdom. Video Tutorial on CFD An Example of CFD Trading in the United Kingdom.
Fundamental and technical analysis, price action, and technical indicators such as MACD, RSI, Fibonacci, and Elliot Waves are the most commonly used strategies for CFD trading. Look at Trading Platforms.
CFD, or Contract for Difference, is a financial instrument that allows traders to trade in a specified asset class – learn about CFD trading with a global pioneer in CFD solutions. CFDs are complicated instruments that carry a high risk of losing money quickly owing to leverage.

Here you can find reviews of the top 6 UK cfd brokers.

gold is bullish, and investors should continue to buy on dips today.

Hexun.

The OPEC secretariat reports that the current outlook for the oil market is harsher than last month’s and expects an increase in crude oil demand of 5.95 million barrels per day by 2021. A shortfall of one million barrels per day is scheduled for this year. Countries that have not yet submitted compensation plans have been told to do so as soon as possible. OPEC May oil production grew by 280,000 barrels per day, to 25.52 million barrels per day. A spokesperson for the Iranian Ministry of Foreign Affairs said that while substantial progress has been made in the 2015 nuclear agreement negotiations, some critical issues must still be resolved. IAEA Director-General Grid Ross said the talks with Iran had “no results,” Iran must clarify issues of its stock of enriched uranium more than 16 times the limit agreed upon. The EIA data shows that despite the sanctions imposed on Iran, the United States imported 1.033 million barrels of crude oil from Iran in March. In a draft document, the G7 finance ministers stated that they support the OECD/efforts G20’s to agree on the lowest global corporate tax rate; once the economy has recovered, the ministers must ensure the long-term sustainability of government finances; and the central bank’s numbers will be discussed. Begin work on the fundamentals of currency, and report conclusions later in 2021. the OECD issued an economic outlook, predicting that the global economy will grow by 5.8% in 2021, and many countries’ expectations have been raised. The international tax agreement may be concluded in October, according to Guria.

Investors are currently shorting commodities, ranging from crops to natural gas.

The CFTC and ICE data suggest that since November last week, the Bloomberg commodity index tracking hedge funds are the most significant position in various commodities. Decline Monday’s data shows that the Bank of Japan (BOJ) had not purchased ETFs in May, the first time since Kuroda’s election as BOJ governor in 2013 when he did not intervene in the market. The data highlights that the central bank is retreating from Kuroda’s “bazooka” stimulus plan, as the years of massive asset purchases have attracted criticism. Several critics say this has made the BOJ balance sheet highly vulnerable. German inflation data was released on Monday after local measures to contain the flu were relaxed. This month’s data has risen 2.4% year-over-year, the highest since October 2018. This year, inflation may increase to 4% for the first time since the euro’s creation.

Previously, the People’s Bank of China (PBOC) announced that to manage foreign exchange liquidity for financial institutions better, it has decided to increase the reserve ratio for foreign exchange deposits at financial institutions from 5% to 7% beginning June 15 2021.

While the world economy grows, the gap between developing countries and developed countries increases, and it will take longer to recover to pre-epidemic output levels.

By the end of June, the global oil inventory surplus will be eliminated. To achieve at least 2 million BPD of inventory drop by September-December, OPEC+ will have a lot of room to increase production. Even if the current increase is completed, 6% of the global supply is sitting idle.

As the world’s largest producer of sugar and coffee, the severe drought has worried the market about Brazil’s supply, which has pushed up future coffee prices.

May had the fastest year-on-year growth rate seen in nearly two and a half years. The pan-European stock index dropped, and it rose for four straight months in May. The weakness of the U.S. dollar, the offshore renminbi For more than two and a half months, oil distribution, was highly variable. Bitcoin rose to nearly 37,000 USD in intraday trading, and ethereum gained almost 20% on the previous day’s decline. Stay on the facts today data and financial events on June 1 (Tuesday);

Q1 of the current Australian account

Manufacturing PMI (Caixin 09:45)

12:30 Aussie June rate

the German monthly retail sales rate in April

15:00 quarter GDP annual rate

value of May manufacturing PMI: 15:50 French

15.55: German seasonal unemployment rate

15:55 Germany manufacturing PMI

European manufacturing PMI, 17:00 local time

Markit Manufacturing PMI: 16:30, UK GMT

Starting at 17:00 In May, the annual CPI rate in the eurozone is not adjusted. reside

17:00 April Eurozone unemployment rate

approximately $23 billion monthly.”

21:45 -PMI Value on May 16, 2014

W 22:00 May PMI Manufacturing

the 17th OPEC and non-OPEC ministerial video conference was held

technicals

Gold~1 hour price

Open the app to see the latest report.

Gold was static yesterday.

Daily-level prices continue to run above the shock range, and some support below can be counted on. The bullish signal of the Yang Line has ended. In the short term, prices will rise, and the MACD fast and slow lines will increase. At the 1-hour level, the price has formed a short-term high, the trendline has provided some support, and the MACD’s fast and slow lines have increased. Because of this, the gold price is mostly rising. Find the signal and place your orders when the price moves down toward the trend line. We are at 1912 pre-pressure. XAUUSD trading strategy (go long) Stop loss: around 1900, take profit: 1912-1922 1-hour Silver XAGUSD Silver follows the trend of gold and continues to vary within that range. Under the daily price level, it closed the bullish signal on the Yang small line Rising short-term price. Fast/Slow MACD ready for another golden cross. At the 1-hour level, the price is at a high and varying level. The MACD (Momentum, ADX, and Zero Line) is showing continued strength. Today’s silver movement is mostly bullish and upward. We are waiting for the price to fall to the inscribed trend line to see the signal layout and orders. The early high target was 28.7. XAGUSD trading strategy (long) Entry point: 27.9, stop loss: 27.2, and profit: 28.7 to 29.2.

1-hour level crude oil

On yesterday, crude oil had to use the support below to rise.

The daily price increase follows the upward channel, but it has reached the upper Bollinger band and is being suppressed. With increased upward pressure and a likelihood of a callback, the MACD volume can shrink. Looking at the 1-hour chart, the price rise has encountered the previous upward trend line, the price has repeatedly risen and fallen, and the short-term price will decline. So, today’s crude oil price trend fell mainly. Buyers should be patient, waiting for the price to rebound above the upward trend line before taking a short position. The short-term target shock range is located near 66.1. OPIS trading strategy (short) Stop loss: 68.8, take profit: 66.1-65.4 the 1-hour EURUSD level The euro continued to rise due to the dollar’s rise and fall. The price increased significantly, staying near the 10-day moving average, and closed a bullish signal set by the mid-Yang line. The price continued to grow, and the MACD’s fast and slow-moving average converged on another golden cross. At the 1-hour level, the short-term price trend is in a V-shaped reversal, supported by the inscribed trend line, and the short-term price will rise. As such, the current trend of the euro is mainly up. As the price approaches the inward trendline, I will look for a signal setup and orders. at the top of the target earlier

Comparing CFD Brokers and Finding the Right One

cfd brokers

Compare CFD Brokers. There are several kinds of CFD brokers, all of which offer services designed to suit the specific financial needs of individual investors. Etrade, EToro, Avatrade, Interactive Brokers(IB), and Plus500, Read Review are among the most popular.

How to Compare CFD Broker Firms?

Most CFD brokers provide their clients with trading platforms and software to execute orders through an Internet-connected computer. The platforms allow traders to enter sell and buy orders and enter stop-loss orders. Trading CFDs enables you to trade both ‘long’ and ‘short’ based on your trend forecast. St sophisticated platforms also provide their clients with spreads, commission-free trades on each investor’s account.

Its ability to offer potential investors high levels of leverage fuels the popularity of CFD trading. Leverage enables a small amount of capital, usually less than $10,000, to control an extensive amount of currency. This is done by borrowing a certain percentage of the total value of a position, writing checks against it in the same currency, and selling it back when the position falls to a pre-determined level. However, while this provides potentially significant profits, it is also a potentially severe form of leverage because it exposes traders to risks beyond their direct control, such as adverse changes in market conditions, changes in exchange rates, and other unexpected events.

Bitcoin CFD Trading has become vital in 2022

2022 is the year of cryptocurrencies. For example, the Bitcoin price climbed several thousand euros within a few months. Anyone who wanted to cut this development slice as an investor had to deal with tricky wallets and the crypto exchanges. Brokers discovered the trends in Bitcoin and other altcoins relatively quickly.  Bitcoin CFD Trading has become vital today. And more and more providers are jumping on the bandwagon – in other words, the CFD broker offering Bitcoin as an underlying asset. What makes contracts on cryptocurrencies so interesting?

Bitcoin CFD trading: essential facts at a glance
CFDs offer Bitcoin along with a wide range of underlying assets.
Crypto CFDs can be traded long and short.
High return opportunities through leverage
Bitcoin CFD trading is subject to a flat tax.

Firstly, Traders cannot trade cryptocurrencies on the classic foreign exchange market. Who can only make trades via unique trading venues? On the other hand, the security of cryptocurrencies has been breached repeatedly in recent years.
Contracts for difference eliminate these disadvantages. Trading is only based on the Price development using Bitcoin CFD brokers so that traders can make profits in bull and bear markets. Besides, there is no risk of getting rid of the Bitcoins you earned slow and complicated. Here, you can find  The best UK Regulated CFD Brokers.

Cryptocurrencies CFD Brokers UK are regulated.
Finally, there is another reason to turn to the topic of crypto CFD. There is currently no significant regulation in trading in cryptocurrencies – even if monetary authorities are becoming increasingly active. Mainly about the seriousness of ICOs, there are a fair number of suspected fraud cases and black sheep.
The situation is different with CFD brokers. Especially providers who are based within the EU or operate from Germany are subject to strict regulations. Responsible for their monitoring are among others:
BaFin
FCA (Financial Conduct Authority)
CySEC
The regulation ensures, among other things, customer funds and data security are safe. Also, the financial supervisory authority ensures that brokers comply with applicable law, for example, in connection with the European rules on the level of leverage or investors’ classification.

How long will it take for the European banks’ monetary policy to normalize?

  On Thursday (September 13th), the European Central Bank (ECB) announced that it will maintain the three key interest rates unchanged. It will maintain a monthly debt purchase of 30 billion euros until the end of September 2018. It will end its purchase in December 2018 and will maintain The current key interest rate remains unchanged until at least the summer of 2019.

  At the same time, the European Central Bank lowered its GDP growth forecast for 2018 and 2019, maintaining inflation expectations for the next three years. It is expected that the GDP growth rate of the Eurozone in 2018 will be 2%, the previous value is 2.1%; the GDP growth rate is expected to be 1.8% in 2019, and the previous value is 1.9%.

  In addition, European Central Bank President Mario Draghi said that the downside of economic expectations is due to weak external demand, and the euro zone’s economic growth has been higher than the potential growth rate for some time. At present, domestic cost pressures are constantly tiring, and protectionism and emerging market risks are prominent.

  However, at the subsequent press conference, Draghi “changed his face” and unexpectedly released positive comments, expressing his willingness to watch the inflation outlook, saying that the uncertainty of the inflation outlook is declining, and inflation is moving closer to our goal, even if QE is over. Inflation can still move closer to 2%, and core inflation levels will rise before the end of the year.

  During Draghi’s press conference, the euro/ dollar reversed the previous decline, and the short-term sharp rise of 90 points, breaking the 1.17 mark for the first time on August 30.

  On Friday (September 14), Rabobank analysts pointed out that the European Central Bank (ECB) monetary policy normalization still has a long way to go. So the next risk is that when the next recession comes, the ECB has little room to act.

  The Dutch Cooperative Bank pointed out that if this is the case, it will depend on whether the fiscal policy at the time can stabilize the economy. At present, most countries in the Eurozone do not seem to have enough fiscal space to properly carry out this task, which may increase the impact of the next recession.

  At the same time, the bank’s analysts pointed out that the current eurozone debt ratio and budget balance show that compared with the pre-crisis 2007, the financial situation of the eurozone countries has not improved or even worse.

  In addition, the Dutch cooperative bank pointed out that given the current economic performance of the eurozone countries, it is now a buffer. Unfortunately, however, European fiscal rules are ineffective in forcing countries to significantly increase their savings during the boom.

Experts Claim The dollar will rise even higher!

Experts Claim The dollar will rise even higher! Recommended selling assets in Europe and emerging markets.

  Rob Citrone, a hedge fund manager and head of Discovery Capital Management, said in an interview with CNBC on Thursday that he believes the European market is brewing a bubble and investors should sell assets in the region.
  Citrone reiterated his concerns about the sustainability of Italian debt and populism in the region.

  He is also shorting Turkish assets and is bearish on the Mexican and South African markets. He said that in addition to India and Argentina, investors should “sell all out” of emerging market assets. He said that as the second largest economy in South America, the Argentine currency has depreciated by 50% this year, but although it has been hit, it is still “very attractive” for fund managers.
Citrone said that in the long run, the US trade tariffs are a “big problem” for the Chinese market. He said, “I think the market will see some rebound in the short term, but we believe that tariffs will come. This is not a short-term issue. ”Download the app Read this article for more in-depth coverage
  Citrone said that in the long run, the US trade tariffs are a “big problem” for the Chinese market. He said, “I think the market will see some rebound in the short term, but we believe that tariffs will come. This is not a short-term issue. ”

  Citrone insists that the dollar will strengthen and that he is optimistic about US assets. “We prefer the United States to the rest of the world,” he said. “This is the best place to invest in the world.”