ForexGen White Labels

Forex White Label partnership allows the trader a quick access to the online foreign currency exchange market.

[ForexGen] provides two types of trading White Label partnerships, a limited and a full solution.

ForexGen different types of forex White Label partners are able to access ForexGen's trading platform entirely branded under each partner's unique company image and name.

We provide a customizable online trading platform for the different types of the two White Label solutions.

The Get Rich Quick Scheme

Type in the keywords "get rich quick" into any search engine and you will find millions of websites using these terms to sucker people into buying their products. Don't be amongst the people that fall for these schemes.

They usually take a play on a real plan to create wealth and exploit a few parts to make their plan seem viable. Take the old Forex scheme. There are thousands upon thousands of people pushing currency trading at the common investor.

The only problem with that? Forex trading is a zero-sum game. Meaning that for someone to win, someone has to lose.

And guess what? You are playing the game against people who have millions of dollars behind them. Do you really think your $ 1,000 investment is going to be enough to go up against these "big dogs". Probably not.

MLM is another popular topic amongst the get rich quick crowd. Do a little bit of research. For everyone earning $ 10,000 per month, there is probably 10,000 people not even earning $ 100 per month.

The people at the top of these downlines are the ones making the money. And to get to the top, you'd have to be one of the first to get in on the whole thing.

ForexGen is Giving You Cash This Christmas

There aren’t many Forex promotions like this one, but then again there aren’t many Forex Brokers like this one.

Get a 25% cash back straight into your trading account, on any deposit you make up to $100,000, during the month of December OR get free rebates also during the month of December and next 3 months that you will get $ 1 for each closed mini lot and $ 10 for each closed standard lot.

ForexGen knows what traders are looking for, Simplicity, Security and Safety. That’s why the majority of our traders use our services again and again.

• We offer 24/7 hour support and a personal account manager to all of our traders.
• We offer training and education resources.
• We send our traders daily Market Reviews by email each day.
• We send the latest trading signals by email.
• And we don’t charge fees or commission.
• Free hedging activities.
• Free Signals, Charts and news.
  

Register with ForexGen to start trading Forex and we’ll look after the rest.

For more information about Christmas at ForexGen email us at Operations@forexgen.com

USD Is Broadly On The Defensive

The US dollar is down today against most regional currencies. Most notable are the gains in commodity currencies such as the Australian and New Zealand dollars, which are helped by gains in stocks and commodities.

While emerging Asian currencies are also slightly firmer overall, the overnight moves in these currencies have been modest. Bucking the trend for a softer dollar today is the Japanese yen, which is extending its recent losses against the greenback. The news and events flow remained light. Among the few economic data releases today, South Korea’s November current account surplus narrowed to US$4.28B.

Europe
European currencies are heading higher against the US dollar, including the euro, the Swiss franc and the Swedish krona. Economic news was second-tier, but mostly positive nevertheless. Italian business confidence rose to 82.6 in December, a 17-month high, while Switzerland’s monthly consumption indicators firmed to 1.276 in November, the best reading since September 2008.

On the downside, Swedish retail sales unexpectedly fell by 0.6% m/m in November. Later today, the first estimate of German December CPI will be released, expected to show a 0.7% y/y gain. Meanwhile, the British pound is under performing its regional peers, trading little changed against the buck. In the emerging market space, the South African rand is up some 1.5% today, in line with broader strength in commodities and commodity currencies, while the ruble is lower by some 1%. Israel’s central bank surprised the markets with a 25bp hike to 1.25% yesterday, giving a boost to the shekel.

Americas
The Case-Shiller index of US house prices fell very slightly by 0.05% m/m in October, breaking the trend of five consecutive increases. The year/year trend is still getting less negative however, currently showing a fall of 7.3%. Later today, December consumer confidence is seen rising to 53.

Of some note are press reports that the Federal Reserve is planning to offer term deposits to banks as part of its ‘exit strategy’. The Fed also said that the plan “has no implications for monetary policy decisions in the near term”. Among regional currencies, the Canadian dollar is notably stronger this week, reaching its highest level since mid-October. The Brazilian real is also firmer this morning, while the Mexican peso is little changed in choppy trading.