Euro is further weak, EUR/USD under 1.3200 / AUD gains

The European currency has lost against most of its counterparts. The AUD has benefited from good Australian and Chinese data.

Furthermore skepticism about the euro area
Despite good economic data from the euro zone, the euro furthermore can not convince investors. The data released today to the manufacturing PMI of various euro countries and the entire euro area confirmed for the most part, the Pre-release from 22.08., and was for the entire euro zone as much as 0.1 point above. The PMI for Germany but remained 0.2 points behind the advance publication. Thus, the biggest economy of the euro area caused further uncertainty among investors.
During the day, the euro fell against most of its major counterparts and the pair EUR/USD fell below the mark of 1,3200. Currently the pair shows a loss of 0.19% at 1.3194. Against the GBP to EUR is currently down 0.42% at 0.8490, after UK manufacturing PMI today was by 2.2 points over the previous month.
Strong gains the EUR shows to the JPY. After the acute risk of conflict in Syria seems temporarily banned, and the risk aversion of investors go back again, from which the Japanese currency had benefited in the past week. Currently the pair EUR/JPY gains 1.04% at an exchange rate of 1.3107. Also against all other Counteparts the JPY has suffered sharp losses. The USD/JPY shows a gain of 1.26% and a rate of 99.34, the highest level in two weeks.

AUD benefited from regional data
For the Australian currency good economic data from the region had a positive effect. Building permits in Australia showed an increase of 10.8%, after they had declined in the previous month to -6.3%. Positive influence also had the good economic data out of China, where the ISM purchasing managers' index rose by 50.3 points to 51.0, by an expected 50.6 points.
The AUD was up against all its counterparts. He currently valued at the USD by 0.97% at 0.8989. Against the EUR, the increase is 1.11% currently at 1.4680. The largest growth was also recorded for the AUD to the JPY which is currently 2.23% with a rate of 89.31.

Risk Warning / Disclaimer
The opinions of the author to market behavior do not constitute a solicitation to buy or sell any financial products, but are merely a personal opinion. When you go into the trade in leveraged financial products, you must be aware that a loss up to the amount of your deposit and in addition, can also be an obligation to arise. Make yourself familiar with the active trade or get independent advice before you invest your own money and use only invest money that you can get over the worst case.

New Bonus-Promotion at Mayzus Investment with cashable 80% Bonus

With the new month, a new bonus-promotion has begun at Mayzus Investment Company. There will be two different bonuses with up to 80% Bonus.

Deposit Bonus up to 50%

Classic deposit bonus, which increases the potential margin for trades, and thus the potential volume of trade. This bonus can only be used for trading and not withdrawed. It is available for the accounts of the type LITEForex and REALForex. The bonus is graded according to the amount of the deposit as follows:

$25 - $100: 30% Bonus

$101 - $500: 40% Bonus

ab $501: 50% Bonus

The maximum bonus amount for the 50% bonus is $ 1,500.

80% cashable Bonus

This bonus can get all customers with an existing or new REALForex or STP-Account. The bonus is 80% for every deposit amount and will be granted for initial deposits and for all re-deposits, up to a total bonus of $ 5,000. The bonus amount will be paid according to the lots traded after deposit, according to the following scale.

1 - 200 traded Lots: $2/Lot

201 - 500 traded Lots: $2,5/Lot

more than 501 traded Lots: $3/Lot

Anyone wishing to use the bonus and still not holds an account with Mayzus Investment Company should be informed about the improved conditions of the Mayzus STP-Account.

Abe brings tax increase back on agenda, JPY declines

Planned gradual increase
Japan's Prime Minister Shinzo Abe has brought the increase of sales tax back on the political agenda. Abe receives support from a panel of experts appointed by him. The Panel stated that a gradual increase from the current 5% to 10% not threaten the Japanese economy if this would be accompanied by economic measures. First, the tax should be raised to 8%, and in a further step till October 2015, to 10%.
As a result of the plans the yen fell against all its most-traded counterparts, as investors feared that despite economic accompanying measures, the Japanese economy gets back to falter. The USD/JPY is currently showing an increase of 0.43% at 98.85 and the EUR/JPY is currently recorded a Uwachs of 0.42% at 130.26. For the GBP Plus to the JPY is currently 0.83% at 153.41.

AUD rises after Chinese data
The Australian dollar in early trade could benefit from positive economic data from China. The ISM manufacturing index of the major trading partner of Australia rose to a 16-month high and can thus to improved exports from Australia close to China.
The AUD/USD gains currently 0.93% at 0.8986 and the AUD to EUR rose 0.93% currently at 1.4707. The strongest growth for the AUD was recorded, against the JPY.  At this he rose by 1.38% at a current rate of 88.58.

Risk Warning / Disclaimer
The opinions of the author to market behavior do not constitute a solicitation to buy or sell any financial products, but are merely a personal opinion. When you go into the trade in leveraged financial products, you must be aware that a loss up to the amount of your deposit and in addition, can also be an obligation to arise. Make yourself familiar with the active trade or get independent advice before you invest your own money and use only invest money that you can get over the worst case.

Preview of important economic events from 01-September-2013 to 06-September-2013

Here we show you a preview of the most important economic events in the next week, which can have a major influence at the Forex-Market.

With this trading week, a new month is beginning and a lot of important data are comming this week, like the interest rate decision of 5 different central banks. Aditional to the data, which are mentioned below in the table, coming into this week a variety of data, which are usually individually don't have a large influence on the movement of the market, but when they are published in a timely manner to each other, in the sum could have greater impact. You'll find all this events in the economic calendar.