ACFX Atlas Capital Discus

[Barry Davies]

Hi Everyone ,

Please allow me to introduce myself, My Name is Bhupinder Singh and I am an employee of a regulated Forex Broker named ACFX Atlas Capital Financial Services Ltd is established in Limassol, Cyprus. The purpose of this thread is to assist the babypips members with any questions regarding ACFX Atlas Capital and Forex in general.

Our Company provides its Clients with a variety of tradable financial instruments including currencies, Gold, Oil , Silver and stock indices which may be traded via our MT4 platform with some of the markets most competitive spreads.

Should you have any questions/comments please feel free to reply to this thread. We will attempt to respond to all queries within a 24 hour period of a working day.

[Barry Davies]

Important Financial Indicators of the day Forecast Previous
GBP 09:30 (GMT) Services PMI 51.6 52.1
USD 13:15 (GMT) ADP Non-Farm Employment Change 176K 206K
USD 13:30 (GMT) Unemployment Claims 375K 381K
CAD 15:00 (GMT) ISM Non Manufacturing PMI 53.0 52.0
USD 16:00 (GMT) Crude Oil Inventories -1.4M 3.9M

[Barry Davies]

Euro firms on risk appetiteJanuary 18th, 2012
TOKYO: The euro edged up against the dollar and yen in Asia on Wednesday as funds flowed to riskier currencies amid speculation of easing monetary policy in China, traders said.The euro fetched $1.2781 and 97.98 yen in Tokyo afternoon trade, up from $1.2737 and 97.84 yen in New York late Tuesday. The dollar eased to 76.67 yen from 76.82 yen in New York.
The euro was up on a local report that China's central bank had lowered reserve requirements for some banks, spurring buying in riskier currencies, traders told Dow Jones Newswires.

China said Tuesday its economy expanded 9.2 percent last year, a healthy figure but slower than a 10.4 percent expansion in 2010 as global turbulence and efforts to tame high inflation put the brakes on growth.
The euro will likely remain under pressure as Greece resumes talks on debt restructuring and Portugal tests investor confidence with a bond sale later Wednesday, said Masafumi Yamamoto, chief FX strategist at Barclays Capital in Tokyo.

A possible Greek default presented a "negative risk" for the common currency, he noted. "I am not optimistic on the situation," Yamamoto said. Credit Suisse said the euro's bottom against the yen had yet to be seen. "Policy options (for Japan) would be euro-buying intervention and additional credit easing by the Bank of Japan, and the possibility of the former is increasing," it said in a note. Athens and its bankers are to explore on Wednesday and Thursday ways of cutting 100 billion euros ($128 billion) from a total of more than 350 billion euros in debt that is crushing the country's finances.
The dollar was weaker against other Asian currencies. The greenback edged down to 31.77 Thai baht from 31.81 on Tuesday, to Sg$1.2817 from Sg$1.2834, to 43.52 Philippine pesos from 43.66 and to 1,141.40 South Korean won from 1,145.40.
It also eased to 9,180.00 Indonesian rupiah from 9,197.25 and to Tw$29.95 from Tw$29.97.

[Barry Davies]

January 19th, 2012 Important Financial Indicators of the day Forecast Previous
USD 13:30 (GMT) Building Permits 0.68M 0.68M
USD 13:30 (GMT) Core CPI 0.1% 0.2%
USD 13:30 ( GMT) Unemployment Claims 387k 399k
USD 13:30 ( GMT) Housing Starts 0.69M 0.69M