FXTM Official

Forextime.com Daily Market Analysis AUD leads Asian trading session The Australian dollar is taking the spotlight as the Reserve Bank of Australia is set to have its decision about the current interest rate levels, and the market thus far is not expecting anything much from the RBA. With the interest rate held at 1.50% it still remains one of the highest in the developed world, but the Australian economy is currently waiting to see what the outcome will be from the Trump effect, and while things have been rocky it does seem that the economy is starting to look slightly better. However, yesterdays retail sales showed that it's not all smooth sailing as it dipped to -0.1% m/m (0.3% exp), this result lends weight to the fact that the RBA may touch on the consumer economy not picking up as expected. But the real weight will be focused I feel on the economy as a whole and the commodity sector which has been recovering in recent months in anticipation of the global economy picking up. Markets have been very much a fan of commodity currencies in recent weeks, with global risk appetite picking up the demand for yield has lead to large jumps in the NZD and of course the AUD, with the AUD looking very much the stronger of the two. So far the AUDUSD has been on a very bullish trend and it certainly has not seemed to lose any steam at present. The 20 day moving average has acted as dynamic support as it has moved up the chart, and this looks likely to be the first real test as comes under pressure. After all markets can't remain bullish forever, especially when it comes to FX markets. At the same time resistance at 0.7680 has so far stifled the bulls in there run up the charts, but the recent bearish movement has found strong bullish sentiment so expectations are building for further movements past this level onto the next major level at 0.7730. Global up turn has so far been talked about, but not come through just yet. However, oil markets have been looking more and more uncertain when it comes to direction for the majority of traders. One thing that does remain clear is that oil is coming under further pressure in the markets to find some direction. At present the 20 day moving average continues to act as dynamic support and is pushing the bears out of the market as it looks to take on the key level of resistance at 54.46. As the two come together expectations will build for a bullish breakout, or if we had a reversal we could see some strong bearish pressure. Pressure will build though, and the bulls have the advantage in this sort of scenario and fundamentals starting to lean in their favour. More Info Here By Alex Gurr, Guest Analyst

FXTM’s Executive Trading Seminar in Nigeria Was Sensational! On the 21st of January, 2017, at the beautiful Citiheight Lagos Hotel, FXTM Nigeria hosted the latest Executive Financial Trading Seminar with resounding success. As part of an ongoing monthly educational series, the exclusive seminar introduced prospective traders, entrepreneurs, and industry workers in Lagos to the online world of forex trading. Seminar topics focused on price trends in the financial markets, popular risk management practices and how to pinpoint investment opportunities. Highlight discussions included: - Trading precious commodities like Gold and Oil - Trading currency pairs in the forex market - Getting to know FXTM Invest, the modern investment program which - - - allows investors to follow suitable traders - And so much more! The turnout for these seminars keeps getting stronger and stronger, with a big crowd of enthusiastic attendees absorbing the knowledge from FXTM’s market experts. A Q&A session ended proceedings after which the stage was set for networking opportunities, which the people gladly took advantage of. Still not trading with a leading broker? Register with FXTM FXTM Online Forex Trading Broker | ForexTime (FXTM) | Facebook: www.facebook.com/ForexTime ✓Traders from 156 countries | ✓13 international awards | ✓16 secure payment methods | ✓25 languages supported

Forextime.com Daily Market Analysis Equity markets hit new heights Equity markets have been the major benefactor market movements today with the Dow finally breaking above the 20K mark for the first time. The S&P 500 has also rallied heavily today and is just shy of the magic 2300 mark which I've talked about in previous articles - which is of course a big benefactor of the Trump effect which is going through the markets at present. 2017 could very much be the year of the bull, but it will take time and a wait and see approach to see if it all comes true, as it is very much early days for equity markets in the new year. Equity markets in the US still have hurdles to jump through from a fundamental point of view as unemployment claims is due out tomorrow, and consumer sentiment will also be released the following day after that. All of these have the power to impact equity markets sharply, but the spotlight will most certainly fall on anything that Trump has to say at present. Right now resistance for the S&P 500 is around the 2300 mark, with the market looking to move sharply further higher if given the right opportunities. This key psychological level is likely hold in the short term, but for any movements higher a move to 2350 and 2400 is likely to be the next major levels of resistance in the long run, as it's very much uncharted territory. Any movements lower are likely to find dynamic support on the 20 day moving average, which continues to trend up with the market and is likely to be the first line of defence of any brave bears do come into the market. The New Zealand economy has managed to hit rock star economy status as usual, with the CPI figures coming in better than expected at 0.4% Q/Q (0.3% exp). Helping to push the annual figure to 1.3%; still below the 2% mark but nevertheless moving back in the right direction and something the Reserve Bank of New Zealand will have to take into consideration. Many economists are now expecting that the RBNZ will likely hold rates at steady at present as inflation is lifting, and if it continues to do so though then the RBNZ may even be forced to increase the OCR quicker than anticipated. As previously mentioned the NZDUSD has been very bullish on the charts, and the trend is very much still the markets friend. Expectations still are quite bullish with the results seen today, and with a weaker USD I would expect the NZD to continue to resistance levels at 0.7343 and 0.7402. If it can continue to gather momentum, we could see it breach through the 80 cent level, however the market may look to claw back some gains well before then and the Trump effect on the USD can be quite strong as well. More Info Here By Alex Gurr, Guest Analyst

Lunar New Year 2017 FXTM Trading Schedule FXTM would like to inform its clients that in observance of Lunar New Year in Hong Kong our trading schedule will be subject to change on Monday, January 30th and Tuesday, January 31st, 2017. Please refer to the table below for affected instruments: *All hours are provided in EET (Eastern European Time) - MT Server Time PLEASE NOTE: In the event of decreased market liquidity, FXTM may switch trading on low-liquidity instruments to close-only mode or close all trading for specific instruments. Additionally, in case of low liquidity, spreads might significantly increase from their normal average spread. If you have any questions or concerns about these changes, please don’t hesitate to contact FXTM’s dedicated customer support team.  Still not trading with a leading broker?  Register with FXTM FXTM Online Forex Trading Broker | ForexTime (FXTM) | Facebook: www.facebook.com/ForexTime ✓Traders from 156 countries | ✓13 international awards | ✓16 secure payment methods | ✓25 languages supported

Forextime.com Daily Market Analysis Yen continues to strengthen Despite all the global economic indicators and central bank movements the Yen continues to be one of the major players in the FX market. So far the Bank of Japan has been keen to hold off any further action as the market continues to offer up a stronger USD, which in turn helps push their agenda of weakening the exchange rate. While not ever country in the G8 is in agreement with the tactics taken by Japan previously, this lends weight to the US economy forcing the changes, and it's likely we will continue to see strong fluctuations in the USDJPY. The only major thing this week on the Japanese side is the CPI data, with market expecting below average CPI compared to what Abenomics has so far promised - so there is potential for movement if it beats estimates. On the charts the USDJPY continues to show case a strong trending mentality. So far the bears looking to be taking control and forcing it down the chart in a strong channel which has so far faced very little resistance. The 20 day moving average has also been acting as dynamic resistance in the market so far, preventing any further movements higher and I would expect this to remain the case until USD strength looks to continue on a global scale. Any movements lower however, are likely to find support quite strong at 112.442 and 111.688 - with market expectations looking very strong after the recent reversal in the previous days. Regardless of all the global attention the US economy has been getting the S&P 500 has so far been one of the largest benefactors with it set to make a large move if technical patterns are anything to go off. New home sales and consumer sentiment are likely to help drive the market in the coming days, and the market will be looking for further positive news to help push the S&P 500 higher, despite it touching record highs as of late. Technically speaking the S&P 500 is looking very strong as of late from a bullish perspective, with the 20 day moving average acting as dynamic support all the way up on the daily chart. The tightness of the current band on the chart gives weight to the fact that a breakout is set to occur and I would be looking at the bulls for them to take control. However, resistance at 2278 continues to impede the bulls from rallying higher and may cause further issues in the coming days until we see further positive data. More Info Here By Alex Gurr, Guest Analyst

Australia Day FXTM Trading Schedule FXTM would like to inform its clients that in observance of Australia Day in Australia our trading schedule will be subject to change on Thursday, January 26th, 2017. Please refer to the table below for affected instruments: *All hours are provided in EET (Eastern European Time) - MT Server Time PLEASE NOTE: In the event of decreased market liquidity, FXTM may switch trading on low-liquidity instruments to close-only mode or close all trading for specific instruments. Additionally, in case of low liquidity, spreads might significantly increase from their normal average spread. If you have any questions or concerns about these changes, please don’t hesitate to contact FXTM’s dedicated customer support team.  Still not trading with a leading broker?  Register with FXTM FXTM Online Forex Trading Broker | ForexTime (FXTM) | Facebook: www.facebook.com/ForexTime ✓Traders from 156 countries | ✓13 international awards | ✓16 secure payment methods | ✓25 languages supported Â

Forextime.com Daily Market Analysis The Week ahead: Politics to take center stage Donald Trump is finally in power, a new era has arrived, and his policy plans in the first couple of weeks will override fundamentals. Markets spent more than two months pricing in growth policies promises, lowers corporate taxes, and deregulations, now it is time to deliver as markets will no more move on words but actions. U.S. dollar bulls were not really impressed in the new Presidents’ inauguration speech, as it was focused more on protectionism and lacked any concrete plans to drive growth. Repealing Obamacare, building a Mexican border wall, and withdrawing from the Trans Pacific Partnership are not the kind of news investors want to hear, they need to know when pro-growth fiscal policies will come into play and more importantly whether congress will approve them. The days and weeks ahead will likely see volatility increase in equities, fixed income, and currency markets. Investors are already buying exchange-traded products that track volatility, this explains the level of expected uncertainty going forward.   The week ahead will also see U.S. earnings season move into high gear with more than 20% of S&P 500 companies reporting fourth quarter results including Alphabet, Amazon, Microsoft, McDonald’s, Verizon, Johnson & Johnson, Boeing, EBay, and AT&T. According to Factset, 61% of the companies that reported results so far managed to beat profit estimates, while only 47% managed to beat on revenues. On the U.S. economic data front, all eyes will be on Friday’s U.S. Q4 GDP release. Growth is anticipated to slow significantly from Q3 3.5% to only 2.2%, as net trade expected to turn negative. Homes sales, services PMI’s, trade balance, and durable goods are also on the agenda for next week. It will also be an interesting week for sterling as U.K.’s supreme court will eventually deliver its ruling on Tuesday on whether Prime Minister Theresa May can activate the process for Brexit without parliamentary approval. We highly expect that the court will rule in favor of Parliament’s approval to trigger article 50, but any spike in sterling likely to be short lived. More Info Here By Hussein Sayed, Chief Market Strategist (Gulf & MENA)

FXTMbasejump Legend Shares World-Record Journey with BBC In November 2016, the #FXTMbasejump project concluded with Red Bull athlete, Valery Rozov, conquering a world-record in BASE jumping. The jump was performed from mount Cho Oyu in China at 7700metres, following a series of trainings and expeditions in various countries around the world. After sharing his experience with Chinese and International media, Valery was invited to look back on the journey to the world-record at the GMT BBC World News show on the 12th of January, 2017. The renowned BASE jumper was invited for two interviews, where the second also featured the athlete’s oldest son, Andrey Rozov. Some of the things discussed during the interviews were: - Valery’s journey to Cho Oyu and the world-record - How he began his career in BASE jumping - The importance of his training and preparation - His emotions before and after the jump You can watch the full interviews below: BBC Interview with World Record BASE jumper Valery Rozov | #FXTMbasejump London 12/01/17 Watch Here BBC Interview World Record BASE Jumper Valery Rozov & his Son, Andrey Rozov | London 12/01/17 Watch Here Take a look back at the entire journey of the FXTMbasejump project, Here  Still not trading with a leading broker?   Register with FXTM FXTM Online Forex Trading Broker | ForexTime (FXTM) | Facebook: www.facebook.com/ForexTime ✓Traders from 156 countries | ✓13 international awards | ✓16 secure payment methods | ✓25 languages supported

PAMM Strategy Providers JOIN THE FXTM PMD AS A STRATEGY PROVIDER! The FXTM Portfolio Asset Management Mechanism Program (PAMM) is a pioneering portfolio management service developed by FXTM, allowing skillful traders to provide trading strategies to FXTM’s Portfolio Management Department (PMD) and receive compensation. FXTM leverages forex industry knowledge together with superior technological capabilities through the PAMM program, taking advantage of forex as a separate asset class within the client’s overall portfolio. The FXTM PMD is now inviting skillful traders with viable trading strategies in the market to join the FXTM PAMM program. Strategy Providers will receive a 20% compensation fee for their successful strategies or even higher at the discretion of the PMD. The Benefits - Join a groundbreaking forex service - Claim rewards for your trading strategies - Confidentiality and security - Enjoy additional funds to invest with Become a PAMM Strategy Provider in 4 simple steps: - Register with FXTM - Provide your trading history - Wait for approval by the FXTM PMD - Once approved you will receive compensation for your strategies  Still not trading with a leading broker?   Register with FXTM FXTM Online Forex Trading Broker | ForexTime (FXTM) | Facebook: www.facebook.com/ForexTime ✓Traders from 156 countries | ✓13 international awards | ✓16 secure payment methods | ✓25 languages supported

Forextime.com Daily Market Analysis Aussie dollar cracks major levels The Australian dollar swung heavily today as US bulls finally looked to sell off in the wake of economic uncertainty around the United Kingdom. Volatility was most certainly the key player for the day, and traders took full advantage. Yesterday there were strong comments that the AUD was currently overvalued, but it would seem that the market had other ideas as it raced up the charts knocking out some key levels along the way. The market is further poised for today consumer sentiment, which will give some indication if the Trump effect has spread to Australia in the wake of recent events. Expectations have previously been very low and I would expect this to be the theme going forward but with the possibility of a surprise in economic data as we have previously seen. For the AUDUSD traders resistance was not a problem today as it smashed through 0.7531 on the charts and looked to climb even higher, coming up just short of 0.7567. The 0.7567 level is very strong and I would expect to see some stiff resistance unless we see some positive fundamental data come out in the next few hours. In the event of a pullback I would expect that the 100 day moving average could act as dynamic resistance if it is a strong pullback, otherwise I would anticipate that former resistance level at 0.7531 looking to hold out in the long run. Â One of the interesting things about a stronger USD has been the flow on effect to metals, none more so than silver which has so far seen a solid bullish trend appear in the short term and has briefly pushed through resistance at 17.133. The strong sell off today in USD certainly had a big impact in helping making this progress, but the real test is set to come as it sizes up resistance at 17.308, which I would expect to be a very strong level. The 200 day moving average is also intersecting with this strong level of resistance and has previously acted as a strong dynamic level for market movements. However, the trend is certainly your friend and this could be the case as silver looks to climb higher in the build up to Trumps inauguration on Friday. Lastly, the NZDUSD has managed to also climb up the charts, but recent reports around the dairy auction paint a messy picture that shows that New Zealand's economy may not be as strong as recent economists had predicted. The jump higher today to resistance at 0.7222 has shown there is strong demand during patches of weakness, however this level has proved time and time again to also fight back and push prices lower. More Info Here By Alex Gurr, Guest Analyst

Forextime.com Daily Market Analysis Aussie dollar cracks major levels The Australian dollar swung heavily today as US bulls finally looked to sell off in the wake of economic uncertainty around the United Kingdom. Volatility was most certainly the key player for the day, and traders took full advantage. Yesterday there were strong comments that the AUD was currently overvalued, but it would seem that the market had other ideas as it raced up the charts knocking out some key levels along the way. The market is further poised for today consumer sentiment, which will give some indication if the Trump effect has spread to Australia in the wake of recent events. Expectations have previously been very low and I would expect this to be the theme going forward but with the possibility of a surprise in economic data as we have previously seen. For the AUDUSD traders resistance was not a problem today as it smashed through 0.7531 on the charts and looked to climb even higher, coming up just short of 0.7567. The 0.7567 level is very strong and I would expect to see some stiff resistance unless we see some positive fundamental data come out in the next few hours. In the event of a pullback I would expect that the 100 day moving average could act as dynamic resistance if it is a strong pullback, otherwise I would anticipate that former resistance level at 0.7531 looking to hold out in the long run. Â One of the interesting things about a stronger USD has been the flow on effect to metals, none more so than silver which has so far seen a solid bullish trend appear in the short term and has briefly pushed through resistance at 17.133. The strong sell off today in USD certainly had a big impact in helping making this progress, but the real test is set to come as it sizes up resistance at 17.308, which I would expect to be a very strong level. The 200 day moving average is also intersecting with this strong level of resistance and has previously acted as a strong dynamic level for market movements. However, the trend is certainly your friend and this could be the case as silver looks to climb higher in the build up to Trumps inauguration on Friday. Lastly, the NZDUSD has managed to also climb up the charts, but recent reports around the dairy auction paint a messy picture that shows that New Zealand's economy may not be as strong as recent economists had predicted. The jump higher today to resistance at 0.7222 has shown there is strong demand during patches of weakness, however this level has proved time and time again to also fight back and push prices lower. More Info Here By Alex Gurr, Guest Analyst

Pamm Investors TRUST THE EXPERTS INVEST IN OUR PAMM PROGRAM! For the modern trader time is priceless. Through the PAMM program, FXTM offers investors the ability to maximize the value of their time while optimizing their portfolio. PAMM is perfect for traders who see the potential of investing in forex but lack the time or technical skills to do so. Your investment will be managed by the FXTM Portfolio Management Department where experts with the necessary experience and expertise will help achieve your goals. Portfolios are chosen through a selection of carefully evaluated traders with consistently successful trading strategies. You only have to choose your financial goals and the risk you are willing to take and our Portfolio Management Department will arrange a suitable portfolio for you to invest in. The Benefits - Traders set their goals – PAMM will guide and help through every step - Investors can take advantage of PMD evaluated trading strategies - Wide selection of available portfolios to suit all needs and risk profiles - Portfolio progress and results available on-demand Become a PAMM Investor in 5 easy steps: - Register with FXTM and go to the PAMM Investors section in MyFXTM - Take the suitability test to discover your investment profile - Wait for approval - Fund your Portfolio Management Cash wallet in EUR, USD or GBP - The PMD will then invest your money in the appropriate portfolio or create a custom one according to your needs Still not trading with a leading broker? Register with FXTM  FXTM Online Forex Trading Broker | ForexTime (FXTM) | Facebook: www.facebook.com/ForexTime ✓Traders from 156 countries | ✓13 international awards | ✓16 secure payment methods | ✓25 languages supported

Forextime.com Daily Market Analysis Volatility elevated ahead of May’s Brexit speech; Pound recovers It’s Sterling’s day. Financial markets are anxiously awaiting U.K.’s Prime Minister Theresa May speech later today where she will lay out a detailed divorce plan from the EU. Lot of reports were leaked since Sunday on what to expect her to say, and the most interesting part is that she has no interest in partial departure which suggests we’re heading towards a “Hard Brexit”. Traders were very fast to react, sending the pound 1.6% lower on Monday to trade below 1.20. However, the recovery in early Asian trade Tuesday indicates that lot of the bad news are already priced in, and for the pound to fall substantially lower it requires more than just signs of a hard Brexit plan.  If the Supreme court decided that May needs to secure the consent of Parliament before triggering article 50, potentially delaying Brexit for couple of months, this is likely to provide sterling a boost by unwinding many short positions. Traders should be aware that sterling won’t be a one way play and volatility could be elevated to extreme levels. On the data front, UK CPI is expected to hit 1.4% in December, up 0.2% from November and 0.5% from October’s reading. This will not only mark the highest inflation rate since mid-2014 but the pace of inflation escalation is pulling U.K.’s real interest rates even lower.  Of course, this is going to be a challenge for the BoE, but if it indicates anything, it’s interest rates next move is only upward, leaving monetary policy with very few options to support the economy if needed. The safe haven Yen is the major beneficiary of the heightened uncertainty over U.K.’s Hard Brexit scenario and Trump’s policies. USDJPY has fallen for the seventh straight day, and declined by more than 4.3% from January 3 peak. The fall in bond yields worldwide will continue to lend some support for the Yen, but whenever this trade is over I expect the Yen to weaken again. The U.S. dollar is falling against all its major peers with the index dropping below 101. There’s no fundamental reason for the selloff and I don’t think the dollar’s rally is over yet, but the “Trump trade” has clearly cooled down in the past couple of days as markets still have many answered questions regarding future fiscal policies. Let’s hope we get some answers on Fridays inauguration. More Info Here By Hussein Sayed, Chief Market Strategist (Gulf & MENA)

FXTM Presents the Market Forecast for 2017 (Q1) In accordance with FXTM’s client-centric commitment to keep its traders informed and prepared, the broker’s team of Market Analysts, have written up a comprehensive market forecast for the first quarter of 2017. Clients can now download the full report and get the entire scope for the upcoming months, with additional fundamental and technical insights and an overall summary of major financial events to look out for. Access the forecast now and become more aware of: - The potential state of the markets in a year that will inaugurate Donald Trump as President of the United States and see Great Britain officially leaving the EU - Likely trajectories for major currency pairs - How the price of popular instruments such as Gold and WTI Crude Oil will fare - Technical factors likely to influence opportunities during Q1 of 2017 - And much more! Visit the Market Forecast page to download and read what’s in store for your preferred instruments in the first quarter of 2017 - available for both mobile and desktop. Need to freshen up on the events that shook the markets in 2016? Read FXTM’s Yearly Market Overview. Want to stay even more informed and up-to-date? Be sure to bookmark FXTM’s Daily Market Analysis to keep your finger on the pulse of the markets at all times.  Still not trading with a leading broker? Register with FXTM FXTM Online Forex Trading Broker | ForexTime (FXTM) | Facebook: www.facebook.com/ForexTime ✓Traders from 156 countries | ✓13 international awards | ✓16 secure payment methods | ✓25 languages supported

FXTM Partners Introduces Revolutionary Forex Affiliate Program FXTM Partners are proud to be launching a brand new Hybrid Affiliate Program that’s unlike any other in the industry. This revolutionary partnership program is ideal for bloggers, social media gurus, webmasters and SEO specialists looking to broaden their online business and enhance their earning opportunities by tapping into the forex industry. Prospective partners will gain access to one of the most comprehensive schemes in the business, specifically designed to suit their needs and requirements. What FXTM Partners’ unique Hybrid Affiliate Program offers: Progressive CPA (Cost Per Acquisition) for Qualified Active Traders Weekly Dynamic Rebates for a lifetime of clients’ trading Guaranteed payouts for Non-CPA-Qualified Traders A new state-of-the-art Affiliate panel, designed for immediate access to reporting tools. Safe and easy payments through a wide range of payment methods Full access to live performance statistics and progress reports A vast array of promotional tools to aid in traffic conversionAnd even more! Along with the launch of the new Affiliate Program, FXTM Partners is also unveiling a completely revamped website where potential partners can navigate through each program with ease and set up their registration in minutes. In the meantime, offline Introducing Brokers will continue to enjoy outstanding features provided by FXTM Partners. Some of these include: A big choice of Rebate Plans that are tailored to the Introducer’s preferences A brand-new IB dashboard where Introducers can check their statistics, get banners and tap into a variety of other modern reporting tools Local guidance and support in the form of events, seminars and Local Payment Agent solutions And much more!  Do you have a large network of either offline or online acquaintances? Join FXTM Partners and broaden your business potential Here.  FXTM Online Forex Trading Broker | ForexTime (FXTM) | Facebook: www.facebook.com/ForexTime ✓Traders from 156 countries | ✓13 international awards | ✓16 secure payment methods | ✓25 languages supported

Forextime.com Daily Market Analysis President-elect leaves dollar bulls unimpressed The long-awaited first press conference by President-elect Donald Trump left many investors with more questions than answers as he failed to justify the current premium priced in the dollar and equity markets. We already knew that Trump wants to build a border wall with Mexico, bring back U.S. production onshore, and that he’s willing to be the best job creator America ever knew, but what’s his plans on corporate tax reforms? How and when is he planning to spend on roads, bridges, and other infrastructure projects? Is he going to impose tariffs on imported goods from China, Mexico and the rest of the world? Unfortunately, no updates were revealed. Thus, the greenback was dragged, falling against all major currencies on Wednesday with the dollar index falling to lowest levels since Dec 14 at 101.28. The selloff continued until early Thursday suggesting that dollar bulls are no more willing to price any additional premium until we get more clarity on his promised fiscal plans. The continued fall in U.S. treasury yields is another factor dragging the dollar. U.S. 10 year yields have been in a down trend since Dec 14, losing 11.8% in value after spiking 42% since the election results were revealed. U.S. stocks were less impacted, and managed to close higher despite the volatility and sharp selloff in pharma stocks which were attacked by Trump. Whether the rally can be sustained will depend on two factors, earning growth and actions from Trump’s administration as his words and tweets are clearly starting to show less influence. The combination of dollar weakness, lower U.S. yields and doubts in Trump's policies offered gold a boost, with the yellow metal posting a high of 1,199. So far gold has recovered 6.8% from December lows, and trader higher in 11 out of 13 days. Fed Chair Janet Yellen’s speech will probably decide whether we’re going to see a break and hold above 1,200 today. More Info Here By Hussein Sayed, Chief Market Strategist (Gulf & MENA)

Start trading on the MT5 WebTrader with FXTM In line with FXTM’s mission to provide you with the best online trading experience, the broker is proud to introduce the newly updated MT5 trading platform – now with hedging – on WebTrader. Available for all popular browsers, including Google Chrome, Safari, Mozilla Firefox and Internet Explorer, the MT5 WebTrader is here to pave the way toward easier and more accessible trading. Take advantage of the MT5’s exclusive features: - Hedging available - Extensive Technical and Fundamental analysis - Additional pending order types - Sophisticated strategy tester - Real-time market depth - And so much more! Get access to the most state-of-the-art platform straight from your browser. With no download required, traders can just login to MyFXTM and start trading.  For more information on the MT5 Webtrader visit FXTM’s trading platform page right HERE Still not trading with a leading broker?   Register with FXTM FXTM Online Forex Trading Broker | ForexTime (FXTM) | Facebook: www.facebook.com/ForexTime ✓Traders from 156 countries | ✓13 international awards | ✓16 secure payment methods | ✓25 languages supported

Forextime.com Daily Market Analysis Asian equities retreat as investors shift to cautious mode After a strong start for the year, equity markets started to cool down in the second trading week of 2017. Most Asian major indices are in red today, as Wall Street failed to make new highs and the Dow retreated further from the key psychological 20,000 mark, while oil suffered a steep selloff on Monday. Investors who built their positions based on Trump’s victory are likely to start cashing out for the time being and shift their focus on fundamentals with the earning season kicking off later this week when U.S. big banks release their fourth quarter results. I’m not confident to call a correction yet, but certainly many investors got ahead of themselves betting on fiscal stimulus, and while business usually tends to under promise and over deliver, this doesn’t seem to be the case with the U.S. new President.   Although Kuwait’s Oil Minister Essam Al-Marzouk who is chairing the committee to oversee compliance of OPEC’s output assured the markets that OPEC and non-OPEC members will abide to the planned cuts, still both oil benchmarks dropped 4% on Monday.  This clearly indicates that it’s not just an OPEC game, and the expected increase in U.S. and Canadian supplies are likely to threaten the oil rally. Data from the U.S. on Friday showed rig counts rose for ten consecutive weeks and it’s just about some time for this to translate into additional production, suggesting that downside risk may remain in play, and rather than just focusing on implementations of OPEC production cuts, investors should be looking at the bigger picture on whether supply will meet demand in the second half of 2017. The U.S. dollar fell for a second day, extending its slide from the 14-year high hit on January 3. The pull back in the dollar came despite hawkish speeches from Fed officials suggesting that the central bank is getting closer to achieving its dual mandate. Both Fed presidents, Charles Evans and Patrick Harker aren’t ruling out three rate hikes in 2017, while Eric Rosengren called for stepping up the pace of interest rates hikes to prevent inflation from overshooting. However, traders are still not yet completely convinced and pricing in only two hikes for 2017 according to CME’s Fed Watch. With no tier one economic data on the calendar until Friday, U.S. bond yields will remain to be the key driver for the greenback. The Pound remained under pressure after Monday’s steep selloff on comments from UK’s Prime Minister Theresa May which intensified fears of “Hard Brexit”. Although the pound looks undervalued, the risk of further selloff may remain in play as we get closer to triggering article 50. Meanwhile comments from Scotland’s First Minister on BBC that she’s not bluffing about her vow to hold a second referendum on Scottish independence if Britain leaves the single market is another factor to worry about on the medium-term.   More Info Here By Hussein Sayed, Chief Market Strategist (Gulf & MENA)

FXTM’s Updated Margin Requirements for ECN Servers After very popular demand from its clients, FXTM is proud to present an exclusive new trading condition: 1:1000 leverage offered across all trading accounts on the ECN Server. Effective Thursday, September 1, 2016, every trader – regardless of the size of initial deposit – will be able to reap the benefits of the almighty ECN Server. Some of the major benefits that all clients can now enjoy include:  -Significantly-reduced Trading Costs -No Re-Quotes -Full Transparency -No Dealing Desk Technology (NDD) -Ultra-Fast Execution Speeds (visit our Performance Statistics page for  details) -Allowed Scalping As a dedicated client-centric broker, FXTM continuously aims to enhance client trading experience, and this latest modification is a big and important step towards improving leverage offered across all servers*. As a result, and in order to reflect recent market volatility as accurately as possible, some Margin Requirements have been adjusted for FX Majors, FX Minors and Exotics on all servers except Pro and Cent. The new requirements will be applied in case of any activity on the trading account (Opened, Closed or Modified Positions) and aims to help protect client equity. Still not trading with a leading broker?  Register with FXTM FXTM Online Forex Trading Broker | ForexTime (FXTM) | Facebook: www.facebook.com/ForexTime ✓Traders from 156 countries | ✓13 international awards | ✓16 secure payment methods | ✓25 languages supported

FXTM introduces Refer a Friend Program for All Registered Clients FXTM has introduced a brand new refer-a-friend program for all registered clients to participate in. Qualified clients will get a unique referral link, which they’ll able to use when they spread the word about FXTM to all of their friends and family. The advantages of the Program:  Get $25 per friend. As soon as someone becomes an active trader* using a client’s link, $25 are added to that client’s wallet. Earn up to $10,000. The more friends a client brings in, the more money they make! It’s that simple. Manage your Referrals. Through a specially-designed MyFXTM panel, clients can track the progress and status of their referral money and active traders.  Through its MyFXTM Refer-a-Friend section, FXTM also has ready-made shareable suggestions for clients who might be stuck on what to promote to their friends. If you have any questions or concerns, don’t hesitate to contact client support. Not trading with a leading broker? Join FXTM today and tell your friends about it!  Still not trading with a leading broker?  Register with FXTM FXTM Online Forex Trading Broker | ForexTime (FXTM) | Facebook: www.facebook.com/ForexTime ✓Traders from 156 countries | ✓13 international awards | ✓16 secure payment methods | ✓25 languages supported

Forextime.com Daily Market Analysis Fed outlook turns hawkish The US economy was thrown back into the spotlight today as the FOMC minutes were released and the dovish FED of the past certainly looked a thing of the past, with some of the most upbeat and hawkish minutes that have been seen in a long time. Almost all of the officials present in the meeting expected that with Trumps appointment growth was expected to pick up in line with his expansionary policies. One thing that also stood out was the FED's own expectation around inflation with expectations that it will increase to the magic 2% mark in the medium term, and the recent lift in quarterly inflation was further credit to this theory. Regardless of the trump effect the FED looks to be singing the same tune as the market and that can only be positive for the bulls in the short term. The real question will be around what Trump can actually do with congress in order to get the US economy moving again and the economy expanding further - even when it's almost at full capacity when it comes to employment. Regardless of how you viewed the FOMC minutes, the recent economic data out of the US has been positive with the construction spending m/m lifting to 0.9% (0.5% exp) and ISM manufacturing PMI also lifting to 54.7 (53.8 exp). All of this has boded well for traders and the markets have responded accordingly with the S&P 500 lifting back up to a strong level of resistance in anticipation of tomorrows economic data due out on the employment sector and the services sector as well. Even with resistance currently sitting at 2272 the expectation of further highs is fresh on traders' minds and they will be looking to push the boundaries further in the current climate. A push upwards to 2300 is very much on the cards if the market sees further positive US economic data tomorrow. One thing that is also worth watching out for in tomorrow's trading is oil markets, previously they have been moving quite rapidly in the low volume trading and volatility is certainly ever traders friend. The recent build up in private storage showed that perhaps oil markets still needed a little more time to correct and we saw prices fall accordingly down to the 20 day moving average before finding dynamic support. Expectations are for a decline in overall oil inventories, but after the recent private reading the market may have altered its expectations.  Technically speaking though oil is looking very strong with resistance sitting tight at 54.46, to get past this level we would need to see a large drawdown in crude oil inventories, and this may be a bit of an ask just after Christmas. Any further falls are also likely to struggle past the 20 day moving average, and even more so the 50 day moving average which is acting as dynamic support for market movements at present. More Info Here By Alex Gurr, Guest Analyst

FXTM announces Skrill & NETELLER VIP Program FXTM is constantly on the lookout for new products and services that will take clients’ experience to a whole new level. As part of FXTM’s mission to provide unrivaled payment solutions to clients and investors around the globe, FXTM is excited to announce that Skrill & NETELLER VIP programs are now available for its clients. NETELLER VIPs can enjoy exclusive benefits such as: - Fully verified account with no deposit and pay-out limits - Free NETELLER MasterCard - Higher daily ATM withdrawal limits through the NETTELER MasterCard - Multicurrency account - Dedicated 24/7 V.I.P support with an Account manager - And much more! Skrill VIPs receive lucrative benefits like: - Fully verified account with no deposit and pay-out limits - Free Skrill MasterCard - Free Skrill security token - Dedicated 24/7 V.I.P support - Lower FX fees - And much more! Start depositing with NETELLER or Skrill today to become a VIP member and enjoy easy & safe transactions with all the additional bonuses. More Info Here Still not trading with a leading broker? Register with FXTM  FXTM Online Forex Trading Broker | ForexTime (FXTM) | Facebook: www.facebook.com/ForexTime ✓Traders from 156 countries | ✓13 international awards | ✓16 secure payment methods | ✓25 languages supported

Forex Bonus & Promotions Everyone loves to receive a gift and at ForexTime (FXTM) we know that you love to receive a bonus! In this section you will find information on FXTM’s promotions and trading competitions so all you have to do is choose the one which suits you best and claim it! Whether you are new to Forex or a seasoned trader, just starting with FXTM or a long standing client we are sure there will be a forex bonus to suit your trading needs. FXTM LOYALTY CASHBACK We are in exciting times! FXTM is thrilled to launch the biggest and best cashback loyalty rewards program ever. As a way of showing how much we love our loyal customers, this revolutionary promotion comes with continuous loyalty cashback and automatic rebate level upgrades as never seen before! We have carefully designed this exceptional promotion for traders to earn continuous rebates per lot traded for up to 6 months! At FXTM, we reward loyal traders with real, withdrawable cash – not reward points or virtual credit like other promotions. Gear up through 5 different cashback levels and earn progressive rebates as long as you keep trading! It’s Easy: - Register for an account with FXTM if you don’t have one already. - Join the promotion in MyFXTM & read and accept the Terms and Conditions. - Deposit funds. - Trade and earn rebates! Your rebate level will automatically be upgraded based on your deposit value, within a specified period of time. Weekly cash rebates are simultaneously calculated and paid into your account.* Keep trading to keep earning – as simple as that! SWITCH TO FOREXTIME $4 for Every Lot You Trade If your broker was affected by the market's recent turbulent events, switch to ForexTime today and get $4 back for every lot you trade.* *Applicable only to new clients switching from another broker. More Info Here Still not trading with a leading broker? Register with FXTM  FXTM Online Forex Trading Broker | ForexTime (FXTM) | Facebook: www.facebook.com/ForexTime ✓Traders from 156 countries | ✓13 international awards | ✓16 secure payment methods | ✓25 languages supported

Deposit & Withdrawals Deposit options Visa , Mastercard , Maestro , Neteller , Skrill / Moneybookers , Payza , WebMoney , OKPay , Cash U , Perfectmoney , Ceska Sporitelna AS (Erste Group) , Expobank , Indonesia Local Transfer , FasaPay , Nigeria Local Bank Wire Transfer , Local Transfer for India and Pakistan. Withdrawals options Visa , Mastercard , Maestro , Neteller , Skrill / Moneybookers , Payza , WebMoney , OKPay , Cash U , Perfectmoney , Ceska Sporitelna AS (Erste Group) , Expobank , Indonesia Local Transfer , FasaPay , Nigeria Local Bank Wire Transfer , Local Transfer for India and Pakistan.  Still not trading with a leading broker?  Register with FXTM FXTM Online Forex Trading Broker | ForexTime (FXTM) | Facebook: www.facebook.com/ForexTime ✓Traders from 156 countries | ✓13 international awards | ✓16 secure payment methods | ✓25 languages supported

Trading Accounts overview Standard Account - Tight floating spreads* - Floating leverage up to 1:1000** - Instant execution - Hedging allowed - Available in EUR, GBP and USD - No hidden commissions - SWAP-free option available Cent Account - Tight floating spreads* - Fixed leverage from 1:1000** - Instant execution - Available in EUR cents, GB pence and USD cents - Min deposit only 5 EUR/USD/GBP - Cent Lots - SWAP-free option available Shares Account - 180+ US shares - Margin from 3% - Instant execution - Hedging allowed - Available in EUR, GBP and USD - No commissions - SWAP-free option available ECN Zero - No commission - Tight floating spreads* - Floating leverage up to 1:1000** - Market execution – no re-quotes - Hedging and Scalping allowed - Available in EUR, GBP and USD - SWAP-free option available ECN Account - Spreads from 0.1* - Floating leverage from 1:1000** - Market execution – no re-quotes - Hedging and Scalping allowed - Available in EUR, GBP and USD - Low commission starting from $4 - SWAP-free option available Strategy Account - Dedicated account page - Performance-based fees - No commission - Fixed leverage 1:200** - Min deposit only 100 EUR/USD/GBP - Tight floating spreads - Market execution – no re-quotes FXTM ECN MT5 - Tight floating spreads* - Floating leverage up to 1:1000** - Trading Signals - Market execution – no re-quotes - Level II Data - Available in EUR, GBP and USD - SWAP-free option available FXTM Pro - Tight spreads from 0 pips* - No commissions - Ultra-fast Market execution – no requotes - Floating leverage up to 1:200** - Deep liquidity directly from our tier-1 providers - No last-look pricing - SWAP-free option available Still not trading with a leading broker?  Register with FXTM FXTM Online Forex Trading Broker | ForexTime (FXTM) | Facebook: www.facebook.com/ForexTime ✓Traders from 156 countries | ✓13 international awards | ✓16 secure payment methods | ✓25 languages supported