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Thread: FIBO Group - fibogroup.com

  1. #1

    Default FIBO Group - fibogroup.com

    Dear traders,

    In this thread we would like to answer your questions and share with you our news.
    We believe that this thread will be useful for you.

    Best regards,
    FiBO Group official representative

    FIBO Group - fibogroup.com-logo_fibo_245x80-jpg

  2. #2

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    Dear clients!

    We are glad to announce that the FxWirePro news feed — a leading information and analytics provider on FOREX and cryptocurrency markets — has become available for all FIBO Group clients. The news feed is integrated in the MetaTrader 4 trading platform for all clients with live accounts that are opened in FIBO Group, Ltd.

    FIBO Group - fibogroup.com-1_47_eng_324x324-jpg

    Best regards,
    FIBO Group, Ltd.

  3. #3

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    Bank of Tokyo-Mitsubishi UFJ recommended selling the pound and buying the yen

    Japanese retail investors have formed a large long position in the pound. Speculation on negative rates could undermine the British currency.

    Currency strategists at the Bank of Tokyo-Mitsubishi UFJ forecast a stronger yen against the pound, as talk of negative rates in the UK encourages traders to sell British currency.

    Retail investors from Japan could trigger sales because they have accumulated a significant amount of long positions in the pound, said Derek Halpeni, head of market research at MUFG.

    Reduced profitability in foreign markets is a key factor in supporting the yen, pricing will more confidently begin to lay rates in the UK in the foreseeable future below zero, this will strengthen the tendency to buy yen.

    Bank experts recommended selling the pound against the yen at 131.25 with a target of 126.60 and a stop order to buy at 134.10.

    The yen has weakened in recent weeks, but MUFG experts are still confident in the potential of its strengthening.
    =======
    Trade with the Fibo Group!


    #fibogroup #forex #forexnews #economy #finance #trader #bank #Tokyo #yen

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