Thursday, 20 June 2019

#RateBattle2 has begun!

No comments : Posted by FortFS at 00:00 Labels: , ,
What do you need to do?
Guess the price of the currency pair EUR/USD (FLEX account) at the end of Friday's trading session.
💰 The participant, whose forecast is the closest to the real price, becomes the winner and receives 30 USD in his trading account!
A few simple steps to participate in the contest:
1️⃣ Post an estimated closing price for EURUSDf at the end of Friday's trading session in FortFS Chat (t.me/fortfs_chat)
2️⃣ Add a weekly hashtag with the number of a contest (#RateBattle2 for this week)
3️⃣ Wait for the contest results
Forecast example:
#RateBattle2 1.12055
⚠️ The only requirement for the participants is to make a repost with the terms of the RateBattle contest in their accounts in social networks!
Detailed terms of the contest:
fortfs.com/about/news/rate-battle

Leave your forecasts and start earning right now!
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Thursday, 13 June 2019

Get 30 USD for the price forecast!

No comments : Posted by FortFS at 12:50 Labels: , ,

Summer is a hot time. And as the temperature rises, so does your prize amount!

In the new RateBattle contest from FortFS, prize for the forecast was tripled! Guess what will be the price of the currency pair EUR/USD (FLEX account) and get 30 USD to your trading account!
Follow your intuition and win!
Details of the promotion are available here:


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Thursday, 6 June 2019

Spreads on popular contracts reduced!

No comments : Posted by FortFS at 16:11 Labels: , , ,

Dear traders and partners,
FortFS announces a new reduction in spreads!

From 06 June until 19 July 2019, the 4 most popular contracts spreads will be:

EURUSDf: 0.8
GBPUSDf: 0.9
USDJPYf: 1.0
XAUUSDf: 3.5

Good Luck!
FortFS

Open account:
https://trader.fortfs.com/accounts/create
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Wednesday, 29 May 2019

War or negotiations?

1 comment : Posted by FortFS at 13:46 Labels: ,




According to the harsh statements that the official Chinese media publish, Beijing does not expect or interested in a peaceful way to resolve the trade conflict with USA. The tone of the official media of the Celestial Empire attracted special attention even in the USA leading business press: “China promises a“ people's war ”, and it is clear now that the economic conflict became a nationalistic topic, as Bloomberg describes these publications. One must consider that the “people's war”, proclaimed by the Chinese government media Global Times is not only a shifting from the respectful diplomatic expressions, but also the confirmation that the tension with the United States reached its peak.
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Friday, 24 May 2019

The next 90 days.

1 comment : Posted by FortFS at 13:36 Labels: , ,

The Analytical Department of FortFS studied economic and political information about the economies of major regions of the world to determine what to expect in the next 90 days in the global stock markets and how it will affect the US stock market, where the main investment capital is still concentrated.

According to our forecasting system with adaptive dynamic modeling, we will still see increased volatility over the next 90 days, and swinging prices can become the main market behavior during the remaining part of 2019.
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Wednesday, 22 May 2019

#FortGold4 starts in 24 hours - tomorrow at 15:00 EET!

1 comment : Posted by FortFS at 15:00 Labels: , ,

❗ What is the main idea of the FortGold contest?
Participants should leave their gold price forecast for XAUUSDf at the end of Friday's trading session.
The participant, whose forecast is the closest to the real price, becomes the winner!

💰 Weekly prize: 10 USD to a trading account
⏱ Contest time: from 15:00 Thursday till 15:00 Friday (exactly 24 hours) according to server time EET
📍 Contest location: official FortFS chat in Telegram https://t.me/fortfs_chat

Detailed terms:
https://www.fortfs.com/about/news/fortgold19

Join our Telegram chat and don’t miss your chance to win real money!
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Friday, 17 May 2019

Is inflation up?

1 comment : Posted by FortFS at 05:00 Labels: , ,
The US Federal Reserve announced at past meetings that moderate inflation is caused by temporary factors. Can rising inflation push gold prices up?
At a press conference in May, Jerome Powell said that the recent slowdown in inflation was temporary. This is confirmed by CPI data, which rose by 0.4 percent in March and then, by 0.3 percent in April. It is very important to pay attention to the fact that the basic CPI, which does not include the prices of food and energy, has been growing for three months in a row by 0.1 percent per month. Thus, we can state a steady increase in US inflation this spring.
On the other hand, inflation remains close to the Fed target of 2%. This means that despite the growth, this inflation rate is not sufficient for the Fed to consider changing in monetary policy. In addition, the country has extremely low unemployment rate and a healthy labor market. Therefore, the US Federal Reserve for sure will patiently wait and not rush to raise interest rates.
However, if such inflation growth continues to gain momentum and the target threshold is exceeded, we should be ready with a high probability, for one more Fed rate hike at the end of 2019.
Another factor capable of stimulating inflation is the new duties on Chinese goods. The increase in duties from 10 to 25 percent on imports in the amount of $ 200 billion is able to disperse inflation, because at the end of the day, all tariffs will be included in prices for every consumer within the United States. Consequently, the CPI is likely to increase by the end of 2019. Consequently, the analytical department of FortFS assumes that the probability of an increase of the interest rates remains quite high, and the risks of such an increase are shifted to the last quarter of 2019.
Does rising inflation mean rising gold popularity?

Traditionally, it is considered that gold becomes popular and grows in price during periods of high inflation. Yes, this is true and gold is truly an excellent protective asset against many economic problems. However, in the modern realities of the US Federal Reserve's policy, this correlation is rather negative than positive. In other words, with inflation rising, the Fed is inclined to raise interest rates as well, thereby increasing the cost of loans and, accordingly, increasing the value of the USD relative to assets that do not generate interest income. The choice of investors in this case is obvious and not in favor of gold. Due to this fact, the increase in the value of USD negatively affects the value of the yellow metal. Of course, all of the above does not apply to cases of explosive uncontrolled inflationary growth or the so-called hyperinflation. In fact, until inflation can be controlled by the Fed through a mechanism of manipulating with bank discount rates, gold will not show aggressive growth. But during periods when the regulator loses control of inflation, gold breaks out in undisputed leaders among most investment opportunities.

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