FX Primus Ltd.

FX Primus Ltd.

August 01, 2012 20:41 ET

FXPRIMUS' Mario Sant Singh Looks at Olympic Effect, Fiscal Cliff and Global Slowdown

FXPRIMUS Director of Training & Education Answers Your Top Forex Questions

EBENE, MAURITIUS--(Marketwire - Aug. 1, 2012) - During July, leading global foreign exchange trader, educator and author Mario Sant Singh looked at The Olympics 2012's influence on the GBP, the "Fiscal cliff" facing the U.S. Government and other market influences, in his AskMarioSingh.com blog, "Your toughest Forex Questions answered daily".

In his most recent weekly market webinar on July 30th, he cited turmoil in the Euro Zone driving the Euro to all-time lows against the AUD, NZD and CAD; and global manufacturing data continuing to shrink according to Purchasing Managers Index (PMI) data, which confirms the slowdown in global economic growth.

Click here to register for the upcoming Weekly Market Outlook LIVE Webinar on 6 August from 8-9pm SGT (GMT+7). His Market Brief of the Week and Daily Market Report articles also keep traders up to date.

The views of Mario Sant Singh - who is Director or Training & Education at FXPRIMUS, are widely sought after in the Forex industry. His popular blog, his weekly market webinar, his briefs and reports provide direct channels for some of the best-informed educational resources that new and experienced traders can access to improve their knowledge of Forex and related investment markets.

During July, the top ten Forex trading questions (click the links for the answers) were:

1. Do the typhoons in Hong Kong affect the Forex market?
http://www.fxprimus.com/askmario/5477/question-happypip-typhoons-hong-kong-affect-forex-market/

2. How to trade the GBPAUD pair?
http://www.fxprimus.com/askmario/5406/question-jing-wei-trade-gbpaud-pair/

3. Will the Olympics affect the Euro Zone? Will the event also affect any currencies?
http://www.fxprimus.com/askmario/5458/question-fx-newbie-olympics-affect-euro-zone-event-affect-currencies/

4. Would quantitative easing (QE3) create a "fiscal cliff"?
http://www.fxprimus.com/askmario/5398/question-david-chan-quantitative-easing-qe3-create-fiscal-cliff/

5. Why did the EUR strengthen against the JPY even though the EUR has been weakened by the Euro Zone crisis?
http://www.fxprimus.com/askmario/5267/question-anthony-august-munoz-eur-strengthen-jpy-eur-weakened-euro-zone-crisis/

6. How do I set the Resistance and the Support levels to be able to make profit?
http://www.fxprimus.com/askmario/5464/question-morakinyo-akintunde-set-resistance-support-levels-profit/

7. What are the basic skills in Forex trading?
http://www.fxprimus.com/askmario/5305/question-mayette-azucena-basic-skills-forex-trading/

8. What is the best strategy to use for an intraday currency trader?
http://www.fxprimus.com/askmario/5185/question-bev-strategy-intraday-currency-trader/

9. With an investment as low as USD250, what is the maximum volume I'm allowed to trade?
http://www.fxprimus.com/askmario/4546/question-jun-dela-cruz-technical-indicators-settings-currency-trend-reversal/

10. Are modifications needed when applying technical indicators on different time frames?
http://www.fxprimus.com/askmario/4928/question-lim-modifications-needed-applying-technical-indicators-time-frames/

Have a new question for Mario? Then ask him online at AskMarioSingh.com and sign up to receive Mario's Forex Answer of the Day, by email.

ABOUT MARIO SANT SINGH

Mario Singh is the Director of Trading & Education at global retail forex brokerage FXPRIMUS. He has appeared as a guest expert on CNBC more than 35 times to talk about foreign exchange markets, and is a regular contributor to top investment publications and online portals. Known as a brilliant and intense communicator with a unique ability to 'keep Forex simple' and a mission to help every man-in-the-street to trade profitably and responsibly in the Forex market, more than 20,000 people have attended his Forex trading programs. He is the only Forex trader in Asia invited to train Julius Baer Private Bankers - the third largest Swiss Bank, and is the author of the forthcoming book: How to Profit in the Forex Market: 17 Proven Strategies (Wiley Publishing).

ABOUT FXPRIMUS

FXPRIMUS offers retail traders a level of trade execution, service quality and fund safety that are normally reserved only for the largest investors. Serving traders in 205 countries across 6 continents FXPRIMUS combines an unmatched level of fund safety with regular independent audits of company financials and Straight Through Processing, top notch execution with tight spreads, prompt and responsive customer support, ISO 27001 certification in Information Security and an industry-leading trader toolset that includes free access to powerful trader tools and personal coaching via FXPRIMUS Coach. FXPRIMUS truly is The Safest Place To Trade.

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