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Brent/USD. December 25, 2019 – Oil reached $67.20 per barrel Brent quotes continue to update highs. This morning, the price of «black gold» rose to $67.20 per barrel. The growth factor was positive news from the front of trade negotiations between the US and China: US President D. Trump said, that the sides had finally approved the first phase of the trade deal. And now they are finalizing and translating the necessary documentation to sign the agreement. In addition, yesterday the American Petroleum Institute (API) published a report according to which US crude oil inventories fell by almost 8 million barrels per week. Analysts expected a decline of 2 million. Today we should not expect significant dynamics in the oil market, since most of the European and American sites are closed due to the celebration of Christmas.

Trading schedule for Christmas and New Year's 2020 Dear clients, ForexMart wishes you Merry Christmas and Happy New Year! Let luck and success accompany your trade, and the new year will bring financial stability and prosperity! Please note that in observance of the upcoming Christmas and New Year's holidays, there will be temporary changes to ForexMart trading schedule. December 24 – markets work time: 00:00 – 20:00; December 25 – markets are closed; December 26 – markets work on a regular schedule, opening at 01:00; December 31 – markets work time: 00:00 – 20:00; January 1 – markets are closed; January 2 – markets open later than usual, at 6.00 a.m. The schedule will be back to normal from January 3, 2020. If you have any questions or concerns about these changes, please don’t hesitate to contact our support team.

USD/CAD. December 24, 2019 – Canadian dollar continues to decline Today the Canadian dollar is showing a decline to the mark 1.3165 after the release of statistics on Canadian GDP. According to recent data, the country's economy slowed down by 0.1% in October. Over the past few weeks the «canadian» has shown steady growth, having managed to reach the level of 1.31. The looney strengthened, despite the weak data on retail sales (-1.2% versus 0.5%) and employment (-71.2K against the forecast of 10.0K). However, currency growth was stopped by a strong support level of 1.31. Experts believe that in the near future it will be difficult for the Canadian dollar to continue to strengthen. The Bank of Canada is still satisfied with the current monetary policy, however, in 2020, the regulator may begin to introduce mitigation measures if Canada's economic indexes continues to deteriorate.

ForexMar launched support for deposit by Bitcoin Dear ForexMart customers and partners! We are happy to inform that we launch Bitcoin as a new payment method. Now you can deposit your trading account by simple Bitcoin-transaction. ForexMart have implemented this technology due to numerous requests from trypto traders. We hope that this will make your trading even more convenient and efficient. We also remind you that our company provides an opportunity for profit on the change in the exchange rates of main crypto relative to the US dollar. These financial Instruments are available for trading 24 hours a day, 7 days a week: Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple. You can trade using the web-terminal, as well as the multifunctional MT4 application, which is trusted by most traders in the world. Let's celebrate the new year with new technologies! Thank you for choosing us, ForexMart team.

EUR/USD. December 23, 2019 – Euro continues to weaken On past Friday the EUR/USD pair fell to the area of 1.1050, reacting to the strengthening of the US dollar in the market and the decline of the EUR/GBP pair (to 0.85). The dollar got support from U.S. GDP data for the III quarter, which showed accelerated growth in the US economy. Gross domestic product increased 2.1% year on year. Additional support was provided by data on income and expenses: in November personal income grew by 0.5% (the forecast was 0.3%). Personal expenses increased by 0.4% (the indicator coincided with the forecast). At 16:30, you should pay attention to the publication of data on the volume of orders for durable goods in the US in November. Experts expect the figure to drop from 1.5% m/m to 0.6% m/m. Since this indicator is an important leading indicator of production trends and investment activity, these data can put strong pressure on the dollar. At 18:00 no less important publication is expected – a report on the volume of home sales in the primary market in November. We remind you that tomorrow the exchanges will work on a shortened schedule, and the full-fledged work of the sites will resume on Thursday, after the Christmas holidays. Today, in anticipation of macroeconomic news, the pair will continue to weaken to the area of 1.1060.

GBP/USD. December 20, 2019 – Sterling plummeted to 1.3000 The sterling continues to decline, reaching the level of 1.3000 on Friday. The pound became the main outsider of the week, collapsing from the level of 1.35. The driver of the fall became the statements by British Prime Minister Boris Johnson, revived fears of a tough and disorganized Brexit. Additional pressure on the pound was provided by weak data on retail sales in the UK, which showed an unexpected decline in November at the fastest pace for the year (-0.6%). On an annualized basis, retail sales growth slowed to the level of April 2018 (1%). As a result of weak data reflecting the detrimental influence of Brexit on the British economy, the Bank of England left rates unchanged at 0.75%. Moreover, market participants expect the regulator to begin a cycle of easing monetary policy at the beginning of next year.

Brent/USD. December 19, 2019 – Oil stabilized above $66 after data from the US Department of Energy Oil continues to hold in the area of local highs above the level of $66 per barrel. Brent was supported by yesterday's report from the US Department of Energy. The statistics reflected a decrease in oil reserves by 1 million barrels, while similar data from API a day earlier showed an increase in stocks by 5 million barrels. The appetite for risky assets remains moderate, as no news has been received from the front of the trade war last days. So, during the day we expect calm trading in the area above $62 per barrel.

EUR/USD. December 18, 2019 – Euro shows weakness Today the euro keeps showing decrease paired with the dollar, having reached the mark 1.1125. The currency is under pressure of investors' concerns about the situation with Brexit. Earlier British Prime Minister Boris Johnson said, that he intended to introduce the law about country's obligation to leave the European Union in 2020 without the possibility of extending the transition period. This fact again cast doubt on the likelihood of leaving the EU with a deal. Along with it the US dollar is supported by optimism around trade negotiations between the US and China and by strong macroeconomic data from the United States. Industrial production in November increased by 1.1% against forecasts of an increase of 0.8% and after a decline of 0.9% a month earlier. The number of building permits in November also exceeded forecasts. Today you should pay attention to Ifo business optimism index for December and Eurozone inflation data for November.

GBP/USD. December 17, 2019 – Sterling continues to keep downside The British currency continues to decline on Tuesday, reaching a support level of 1.3200. Earlier, after the victory of the conservatives in the parliamentary elections in the UK, the sterling managed to update the maximum of May 2018 at the mark 1.35, but quickly lost all positions. Pressure on the British currency is exerted by weak macroeconomic data. In particular, yesterday's data on business activity showed the sharpest decline since July 2016. The Purchasing Managers Index (PMI) fell from the November level of 49.3 to 48.5 points in December, which became a minimum of 41 months. The service sector PMI in December fell from 49.3 to 49 points, having reached its lowest level in nine months. UK manufacturing PMI fell from 48.9 to 47.4 points, which also became the lowest indicator in four months. Today you should pay attention to the release of data on the British labor market and the speech of the Bank of England head Mark Carney. The weakness of statistical reports may push the regulator to soften monetary policy, that will put further pressure on the sterling.

GBP/USD. December 16, 2019 – Sterling still strong nearby 1.34 The British sterling continues to demonstrate «bullish» sentiment on Monday, trading at 1.3365. At the end of last week, the pound updated its maximum since April 2018, reaching the mark 1.35. The currency got strong support after the announcement of the results of the parliamentary elections in the UK. As it was expected, the Conservative Party, led by Boris Johnson, won by gaining 368 seats in the Parliament of 650. This result was the best since Margaret Thatcher’s elections. The growth of the British currency, observed after Tories’ victory, was the result of the completion of a three-year period of political uncertainty in the country. In the near future, the European Commission plans to receive details from the UK under the terms of Brexit. Today the sterling shows some correctional decline, responding to weak data on business activity for December. PMI manufacturing activity index fell to 47.4 from 48.9 points. However, under the above circumstances, the British currency will continue to remain strong at 1.3400.

Technical works on upgrading Metal symbols were successfully completed Dear clients, We draw your attention to the fact that the company successfully modernized Classic, Pro and Cent accounts and transferred them to updated conditions for Metal trading. Since now, after the upgrade, Metals symbols are available for trading with lower floating spreads. Also please note new designations of trading instruments: GOLD.m SILVER.m XAUUSD.m Stay with us to get more benefits from trading. Sincerely yours, ForexMart team

GBP/USD. December 12, 2019 – Sterling may rise following the parliamentary elections Today all market participants are focused on the long-awaited elections to the British Parliament. Voting results are expected not only in the UK, but around the world, as everyone wants to finally find out how the Brexit story ends. Sociological polls have shown that most likely the Tories will win, led by British Prime Minister Boris Johnson. If the expectations come true, and the Conservatives get the majority of votes, Johnson will be able to complete the British exit from the EU until January 31, 2020. The first results of the vote will be released tonight, and they will be crucial for the further dynamics of the pound. Today, the British sterling remains at high levels just below 1.3200. In general, since the British decided to withdraw from the European Union, the currency has come a long way: after the Brexit vote the pound collapsed to 1.1450 from the level of 1.5. If the Conservative Party win, the sterling will continue to rise to an area above 1.32.

EUR/USD. December 11, 2019 – Dollar rises in anticipation of Fed meeting The euro failed to overcome the 1.1100 level and rolled back to 1.1075. Yesterday, the currency was strongly supported by data on economic expectations from ZEW in Germany. The index of expectations of investors and analysts regarding the German economy in December unexpectedly rose to 10.7 points from -2.1 points in November. The indicator value updated the maximum of February 2018. Experts predicted the growth rate to only 0.3 points. Today the focus of attention of the market will tend to the meeting of the US Federal Reserve and a press conference by D. Powell. Experts expect the US regulator to leave the key rate unchanged, as well as determine the future course of monetary policy. This can provide strong support for the dollar in the evening. As a result, the pair will continue to decline throughout the day.

EUR/USD. December 10, 2019 – Euro started to grow after the release of data from ZEW The euro continues to strengthen to the area of 1,11, while market participants are waiting for significant events of this week, concentrated in its second half (Fed and ECB meetings, parliamentary elections in the UK). News from the front of trade negotiations has recently remained positive. Market players expect that amid the upcoming US elections, Donald Trump is unlikely eager to escalate the trade war and disappoint market participants. Therefore, new import duties on Chinese goods most likely will not be introduced on December 15. Today, you should pay attention to the publication of the index of economic expectations from ZEW in Germany. Fresh statistics provided visible support to the European currency, since the indicator value has peaked since February 2018. The index of expectations of investors and analysts regarding the German economy in December jumped to 10.7 points from minus 2.1 points in November. Thus, during the day the pair will continue to grow to the area of 1.11.

Improvement of trading conditions for Metals ForexMart keeps constantly improving to provide its clients with the best conditions of trade. So, this time we draw your attention to some upgrade in the terms of trade in metals on floating spread accounts: Classic, Pro and Cent. In the period from 9 to 15 December a planned updating of conditions for trading Metals will be carried out. After the upgrade, Metals symbols will become available for trading with lower floating spreads. Please note that changes may affect open positions, therefore, we recommend that you close current metal positions by the specified date. Moreover, consider these changes when planning new deals according to your trading strategy. Sincerely yours, ForexMart team

EUR/USD. December 06, 2019 – The dollar grows amid strong labor market data Today the euro began to decline, failing to gain a foothold above the level of 1.11. The currency was pressured by weak data from the eurozone: retail sales in the region in November turned out to be worse than expected – annual indicator grew by only 1.4% against the forecast of 2.7%. German manufacturing orders fell 5.5%, while industrial production decreased 1.7%. Analysts expected a 0.1% increase. As a result, the pair fell to around 1.1065. The news context on trade talks remains mixed. On the one hand, the United States notes the success of the ongoing negotiations, and on the other, the markets again received information about the disagreements of the sides regarding China's purchase of agricultural products from the United States. Today's US labor market data supported the dollar: the number of people employed in the non-agricultural sector of the country grew by 266 thousand, while analysts predicted an increase only of 180 thousand. As a result, the EUR/USD pair will continue to decline throughout the day.

Brent. December 05, 2019 – Oil rose to $63.50 per barrel Oil prices began to rise after yesterday's industry report from the US Department of Energy. The Department reported a drawdown on crude oil inventories in the United States last week for nearly 5 million barrels per week, which is the most dramatic reduction in oil reserves in the past 12 weeks. As a result, Brent rose in price to $63.50 per barrel. Today starts a two-day meeting of the OPEC+ monitoring committee in Vienna. Analysts expect participating countries to extend the current deal until June 2020 and not to change the parameters of this deal. It also supports oil prices. Also today attention should be paid to Saudi Arabia, where Saudi Aramco, the country's national oil company, will announce its IPO offering price. It is noted that the demand for stocks is increased, which means that the company can place actions on the upper price limit.

GBP/USD. December 04, 2019 – British pound updated 7-month high The British sterling is currently the strongest currency on the market. Paired with the US dollar, the pound managed to rise to the area of 1.3060 (which became a 7-month high), although a week ago, it was trading near the area of 1.28. The current quotation of the pair GBP/USD is 1.3045. The currency is getting support provided by several factors. The first is optimism around Brexit. On December 12 in the UK there will be held early parliamentary elections, which will most likely be won by the ruling party led by Prime Minister Boris Johnson. Johnson promises to withdraw Britain from the European Union by January 31, 2020, and the market believes him. Secondly, the general weakness of the US dollar on world markets allowed the pound to strengthen in the GBP/USD pair and update the high of early May. Under current conditions, British sterling will feel confident and further, until December 12th.

EUR/USD. December 03, 2019 – Euro approached 1.11 Yesterday the EUR/USD pair unexpectedly increased in price, almost touched the level of 1.1100. Such alignment of forces in the pair was facilitated by the US President’s tweet, in which he charged Brazil and Argentina with weakness of their currencies, and introduced tariffs against export from these two countries. In addition, Trump demanded that the Fed must lower the interest rate at the next meeting. Additional pressure on the dollar was provided by weak macroeconomic data from the United States: the ISM index of economic conditions in the manufacturing sector in November amounted to 48.1%, while analysts had forecast a figure of 49.2%. In addition, construction costs unexpectedly fell by 0.8%, although analysts had expected an increase of 0.4%. As a result, the US dollar collapsed across the full spectrum of the Forex market, even in relation to risky assets. The additional negative was caused by the US and Chinese altercations around the human rights situation in Hong Kong. However, it should be noted, that macroeconomic data from Germany and the eurozone gave support to the euro. Indices of business activity in industry in November showed growth: in Germany - from 43.8 to 44.1 points, in the eurozone - from 46.6 to 46.9 points. Thus, the euro feels quite confident in the current conditions. During the day the pair will continue to attempt to reach the level of 1.11.

EUR/USD. December 02, 2019 – Euro continues to drift in the area of lows At the end of last week the euro soared to 1.1025 after Friday falling to 1.0975. The growth was contributed by data on manufacturing activity in China, which turned out to be better than the expectations of market participants. In particular, the Purchasing Managers Index (PMI) in China's manufacturing sector rose from 51.7 in October to 51.8 in November. Analysts had expected a decline to 51.4 points. At the same time, the growth of risk appetite is limited by reports that China imposed a number of sanctions against some US non-governmental organizations in response to the adoption of a law supporting protesters in Hong Kong. These measures suggest that the controversy between the US and China are not limited only to trade, and it will not be easy to reach a final agreement. Today you should pay attention to the release of data on the Index of business activity in the States from ISM (18:00 Moscow time). Actual statistics may support the dollar. In anticipation of the data, the EUR/USD pair will continue to fluctuate slightly above the level of 1.10.

EUR/USD. November 29, 2019 – The pair stabilized at 1.10 The appetite for risky assets remains moderate amid another complication in relations between the US and China. On the eve it became known that D. Trump nethertheless signed a bill supporting protesters in Hong Kong. Important macroeconomic news is not expected today, so the pair EUR/USD will continue to fluctuate in the area of 1.1000. Yesterday's inflation data in Germany did not have a visible impact on the euro, despite the fact that the consumer price index was slightly better than expected (1.2% y/y against the expected 1.1% y/y). In the daytime you should pay attention to the release of data on inflation in the European Union. Yesterday American exchanges were closed due to Thanksgiving celebration, and today the US sites will close earlier than usual, so trading activity in the evening hours is likely to remain low.

GBP/USD. November 28, 2019 – Pound rises on Brexit positive news Yesterday, the pound got support and managed to rise to the level of 1.2950. The growth driver was the result of a public opinion poll according to which the Conservative Party, which includes the current British Prime Minister Boris Johnson, can count for a majority of votes in parliament on December elections. As a result, this may increase the likelihood of «soft» Brexit (with a deal) before the deadline set for January 31. On the other hand, in the debt market we see a decrease in the yield spread of 10-year UK/US government bonds, which signals a possible fall of the British currency. Today the United States celebrate Thanksgiving day, so the market activity will not be high. During the day, the pair will fluctuate in the range of 1.2900-12950.

EUR/USD. November 27, 2019 – Euro continues to weaken In the absence of significant macroeconomic data, the EUR/USD pair continues to decline slightly to the level of 1.10. The focus of the markets is still the news on the course of trade talks between the US and China. The day before, US President D. Trump reiterated that the sides are very close to signing the first phase of a comprehensive agreement, which had supported the full range of risky assets. Today, you should pay attention to the release of data on the US economy: the Index of manufacturing activity from the Federal Reserve Bank of Chicago, statistics on orders for durable goods, as well as an updated estimate of GDP for the III quarter. Recall that Thanksgiving day is celebrated in the USA tomorrow, in connection with which the American sites will be closed, and trading activity at the end of the week may significantly decrease. Today, the EUR/USD pair will be trading nearby the level of 1.10.

Thanksgiving is just around the corner! Warm Thanksgiving wishes to our traders this holiday season! We’re thankful for all of our clients! Thank you for being a part of our effective interaction this year. And we hope your day is filled with love, laughter and gratitude. Happy Thanksgiving! And now we want to draw your attention to some changes in the schedule of trade on the November 28 in observance of this happy holiday. Please note, that trading metals and CFDs on shares of American companies will be unavailable all day long. The schedule will be back to normal from the following day. Please take this information into account when trading. Wishing you a happy and festive Thanksgiving with all your family and friends! Sincerely, ForexMart team

EUR/USD. November 26, 2019 – Euro in a narrow range just above 1.10 Sentiment on global markets remains positive amid further optimistic statements on trade negotiations. It became known that the United States and China continue to take active measures to sign the first part of the deal as soon as possible. In particular, the parties held telephone talks: Deputy Prime Minister He, the US Minister of Finance S. Mnuchin and the sales representative R. Lighthizer reached an agreement on many issues, including the cancellation of part of the tariffs. Moreover, D. Trump did not sign the bill on the situation in Hong Kong, earlier being approved by both houses of Congress, that confirms the US’s reluctance to escalate the conflict with China. As a result, the EUR/USD pair strengthened slightly to 1.1015 mark. Nevertheless, the euro is still under pressure – the Ifo data on the business climate in Germany released yesterday confirmed that a quick recovery in the German economy is currently unlikely. During the day, the pair will fluctuate slightly above 1.10.