The Fed chairman Claims there is no sign that the U.S. economy is overheating

  US Federal Reserve Chairman said there was no indication that the US economy is overheating,

  At a hearing attended by the U.S. Senate Banking Committee on the same day, Powell said there are still some weak factors in the U.S. employment market. For example, the labor force participation rate of “golden age” (aged between 25 and 54) is still below the pre-crisis level Evidence of rapid wage rise remains unclear.

  Powell said the continuing improvement in the job market will not lead to a rapid rise in inflation.

  At present, the unemployment rate in the United States has dropped to 4.1%, which is already at or below the level of full employment economists think. However, the inflation rate is only 1.7%, which is still below the 2% policy goal of the Federal Reserve.

  Powell stressed that the Federal Reserve will continue to raise interest rates gradually, to promote inflation to the target while ensuring that to avoid overheating the economy.

  Powell earlier testified before the House of Representatives that the U.S. fiscal policy has become more active and will stimulate economic growth. Strong overseas demand has provided effective support to the steady growth of U.S. exports.

  The current market is expected, given the strong economic outlook in the United States, the Fed may raise interest rates four times this year.

  According to reports, the New York Fed Governor Dudley said in Sao Paulo, Brazil, the rhythm of raising interest rates four times can still be considered as gradual. He said fiscal stimulus measures such as tax cuts and increased government budget spending will boost economic growth in the short term, thereby supporting the Fed to raise interest rates further.

VIX falls Friday after volatile week

CBOE VIX fear index ends lower after three consecutive advances.
The CBOE VIX (NYSEARCA:VXX) declined on Friday, snapping a three-day winning streak, as U.S. stocks pared losses in the final hours of trade.

The Chicago Board Options Exchange (CBOE) Volatility Index closed down 12.8% on Friday but still showed strong gains for the week.

Trade wars, rising interest rates and tax cuts make for a volatile mix.

The EUR resumed rising against the USD

The euro resumed rising against the dollar regain the political risk of the week or around the Euro.

On Friday  The euro continued the increases against the US dollar following the previous session, beginning from a multi-week low, continued to rise above the 1.230 mark. Market demand for the euro is still growing, promoting the exchange rate rose, the exchange rate hit an intraday high of 1.233, almost recover the declines of last week. As of now, the euro against the dollar traded at a price of 1.2317.

Anxieties over a triggered global trade war sustained tendency to sell the dollar following U.S. President Trump declared a high tariff on imported steel and aluminum, which seen as one of the key factors pushing the euro higher against the U.S. dollar.

Meanwhile, the global stock market sell-off further supported the position of the euro as a financing currency, boosting the EUR/USD continuation of the previous day’s trading momentum. The day before, the euro rebounded sharply against the dollar at a low of 1.2155 and hit a hundred points.

The current exchange rate of The euro against the dollar remained at 1.2320 the first recovery from this week’s decline. It may now be time to retest the 1.2540 resistance above the downturn in the U.S. economy. Although the US consumer sentiment index reached 99.7 in February, surpassing the previous forecast of 99.5, the euro as a whole still maintained its upward trend.

In the meantime, the upcoming ECB meeting will be the next major risk event for the euro. Next Thursday (March 8) the European Central Bank will announce the March interest rate decision, most likely to delete QE flexibility related terms, but only slightly support the euro, as the European monetary policy tone will be partial to the overall pigeon.

If expected to be realized, the move by the European Central Bank will be comparable to the situation in early June last year, when the ECB discarded the interest rate flexibility policy and the euro did not respond immediately. However, at the end of June, the market started to price the ECB normalization Monetary Policy.

Also, Italy will hold a national election this Sunday, the political risk may drag on the European Central Bank’s interest rate decision, and the German Social Democrats and the German Chancellor Merkel led the CDU to establish a ruling coalition will also vote on the same day.

Concerns over the global trade war triggered a sustained propensity to sell the dollar after U.S. President Trump announced a high tariff on imported steel and aluminum, which seen as one of the key factors pushing the euro higher against the U.S. dollar.
technical analysis
The euro is currently under pressure at 1.2332 against the dollar, if stabilized below the level above, then the short-term resistance to see the 1.2390-1.24 range, and finally the previous test high of 1.2550 near the test.

On the other hand, if the exchange rate fell again, the recent support at 1.220-1.2195 below the range, once again broken under the concern 1.215 can efficiently support.

Advantages of Trading CFDs On Bitcoin?

Are You Interested in Bitcoin Trading? In this case, you must Read Live4Trading’s 101 Complete Beginner Guide to Everything You Should Know about bitcoin trading.

In response to the rapid increase of Bitcoin and Digital Asset prices in recent days, Live4Trading aims to assert and remind several issues :

Bitcoin trading prices are governed by only by the supply and demand coercion between traders who transact in various online and offline exchanges around the world. Every Bitcoin Exchange quotes their BTC/USD price that tends to vary between different Exchanges. When comparing between different exchanges, you will find that there is a price difference of up to 5% between the various exchanges, due to several factors.
The price of Bitcoin purely determined by supply and demand, in the sense that rates governed by sellers and buyers incorporated in the exchange marketplace. When many participants in the exchange place a buy Bitcoin order, exceeding the selling rate of the sellers, the BTC price will go up. Conversely, if a large market participant or many traders want to sell, then the value of Bitcoin will drop. The more you buy, the higher the price, and the more you sell, the lower the price. Continue reading here,

Trading and even owning Bitcoins and other cryptocurrencies involve high risk:

Securing and safekeeping a bitcoin wallet is not a simple task. Every wallet exposed to accidental physical and electronic damage and loss. Beside this fact, every loaded bitcoin wallet in existence is a target of constant hacking attempts by hackers from all around the world who are using, malware, spyware, and supercomputers equipped with advanced algorithms to break the wallets. Even Apple’s Co-founder’s, Steve Wozniak, Multi-millions valued bitcoin hacked and emptied. If it happened to this guy, it inevitably could happen to you! On top of that, Bitcoin owners are easy prey for old fashion predators who are using the old fashion methods of blackmail and extortion. You also should know that it is not rare to hear about a multi-billion dollar bitcoin exchange cleared overnight.
. Bitcoin and cryptocurrencies prices are wildly volatile; cryptocurrency prices can change significantly over a short period. You should always keep in mind that bitcoin has no real intrinsic value which metal coins have and the not backed by any government or entity as fiat money does. This basic fact implies that the rate of bitcoin and any other altcoin can drop to ZERO (0) at any given moment. Read more,
Additional information:

Bitcoin CFD Trading guide is Coming soon.
BTC Binary options trading isThe next level.
Find now general information and basic facts about Bitcoin Trading.
what you should know before you start to Buy and Sell Bitcoins
Live4Trading’s Tips and guide for Trading Bitcoin.

VIX fell again on Friday as calm continued to return to major U.S. markets.

Stocks continue to shrug off the recent swoon but still remain vastly overvalued compared to most historical measures.

Some analysts say that this is the third most overvalued market in history, just behind 1929 and 2000, while others say that some measures put it at the most overvalued of all time.

Markets typically recede from such lofty levels, sometimes dramatically and so long term returns could be substantially lower than investors have grown used to since the advent of free money and zero interest rates since the 2008 crisis.

The recent action in VIX ETNs has been impressive, to say the least, with XIV, the wildly popular inverse VIX ETF imploding after hours and losing more than 90% of its value in one day.

The decline was so outrageous that the Securities and Exchange Commission and Commodity Futures Trading Commission are reviewing the situation.

February 5th was D-Day for volatility based products when the Dow had its biggest single point drop in history and VIX skyrocketed. XIV was worth almost $2 billion before the crash and the after-hours decline made it impossible for investors to get out. SVXY, the ProShares inverse VIX product also took nearly a 90% dive but managed to stay open for business.

The last word: VIX continues to drop as volatility exits and calm returns to U.S. markets. For the time being, VIX Trader remains positioned in VXX credit spreads and will continue to trade VXX options and VIX ETNs as opportunities develop.

FCA Urges Investors Be Vigilant to fraudsters Soliciting Online Investments

The Financial Conduct Authority (“FCA”), the UK’s financial regulatory body, published a warning about risks of online investment fraud.

The FCA suggested investors be vigilant to scammers soliciting investments in binary options, contracts for difference (CFDs) and cryptocurrencies such as bitcoin.

The FCA warned that retails investors are targeted by fraudsters via social media venues such as Facebook, Instagram, WhatsApp, and Twitter, rather than by telephone, and are being lured to invest by promising high revenues and associating the opportunities to luxury items such as luxury cars and watches. Once someone invested, the prices distorted on their website, people are tied in with extreme pay-back requirements and sometimes customer accounts are closed arbitrarily as the fraudsters steal the funds.

The rise in these scams has affected the profile of the likely victims, too. Historically, the sector of people above 55s has been most at risk to investment fraud. Nevertheless, the FCA’s latest research has found that those aged under 25 were 13% more likely to trust an investment proposal they received via social media compared with 2% for the over 55s. Overall, around 20% of the respondents to the FCA’s research stated that online customer reviews and testimonies increased their trust in a company or opportunity.

The FCA has started a ScamSmart campaign that encourages individuals to check its dedicated website to estimate whether a company is authorized or to gather advice about whether an opportunity is likely to be fraudulent.

Binary options investments became a regulated investment on 3 January 2018, and the FCA has already published a list of 94 firms it believes are offering binary options trading to UK consumers without authorization.

The FCA’s main advice to consumers is:
Decline unsolicited investment offers whether made online, on social media or over the phone;
Check the FCA register before investing
check the FCA warning list of firms to avoid;
Obtain unbiased advice before investing.

Best Online Trading Platforms for CFD Trading

Live4trading offers advice to help traders understand their options and make the best possible decisions. The guidance we offer and info live4trading provides is intensely researched, objective and independent.

We spent over hours reviewing and test the top trading platforms before selecting the best for UK traders. In order to assist you to choose the one that’s best for you, we’ve detailed their pros, cons and current offers.

If you’re an active trader looking to try your skills at the live financial markets, you probably have a good idea of what you look for in a broker: low costs, premium research, innovative strategy tools and a comprehensive trading platform. Below, we’ve picked and ranked the best online brokers in a variety of categories so you can select one based on your personal preferences.

Tips For Choosing A CFD Broker

How to Choose the Best CFD Brokers
When choosing for the best CFD trading broker out there, It advised to take into account the following factors:

The Trading Platform

The software offered by the broker is a crucial aspect. A straightforward, intuitive yet professional CFD trading platform will make your trading experience smoother and will increase the opportunities of generating a profit.

Customer Service

Financial markets are highly unexpected when you come to a conclusion you want to work fast upon it. The availability of professional customer service in real time is essential when choosing a CFD provider. We test the variety and of quality communication channels that are offered (Email, Phone, Skype or others). Service is a significant factor you should look at when choosing the best broker offering CFD trading.

Assets

Once you decide on a broker, it’s time to review the tradeable assets they offer. From commodities to CFD’s and Forex. You should choose the CFD online brokers that offer to trade with the assets of your preference.

Regulation

Regulators act in many ways to assure the stability of the CFD brokers, the fairness of their product and other aspects of their business. Regarding user experience, regulation asks brokers to validate the sources of the funds of users; this might slow down your way to trade. Furthermore, we recommend always reviewing the different regulations and going for the more regulated CFD brokers like the ones we specify in our rankings.

All trading involves risk. Only risk capital you’re prepared to lose. Past performance does not guarantee future results. *
*This post is for educational purposes and should not be considered as investment advice

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