EBÈNE, MAURITIUS--(Marketwire - July 9, 2012) - During June, leading global foreign exchange trader, educator and author Mario Sant Singh, looked at a bearish outlook with lack of clarity on the EURUSD, downbeat US employment data putting pressure on the USDJPY exchange rate, an unpredictable outlook on the EURJPY, and upbeat quarterly growth data for Australian GDP pushing the AUD up, and in his AskMarioSingh.com blog, "Your toughest Forex Questions answered daily".
In his most recent weekly market webinar on July 2nd, he cited a less jittery Forex market, with slow European economic growth, Spain's negative outlook, and Moody's downgrading of 15 major banks having been priced into the market, and a forward focus on measures proposed to pull the Eurozone out of its two year debt crisis. Click here to register for the upcoming Weekly Market Outlook LIVE Webinar on 9 July from 8-9pm SGT (GMT+8).
The views of Mario Sant Singh - who is Director of Training & Education at FXPRIMUS, are widely sought after in the Forex industry. His popular blog and his weekly market webinar provide direct channels for both new and experienced traders to improve their knowledge of Forex and related investment markets.
Said Ellen Vaanholt, VP of Marketing at FXPRIMUS, "Beginners and professional traders alike, seek Mario's views from his online blog and his weekly market webinar as they provide some of the best-informed educational resources for market-leading expertise and information on Forex trading."
During June, the top ten Forex trading questions (click the links for the answers) were:
1. Do you think the EURJPY will drop to 97.00? If not, what would be the range?
2. How do you think the EURUSD will perform?
3. Why did the AUDUSD surge despite Australia cuts its benchmark interest rate by 0.25%?
4. Why did the USDJPY have a brief spike although there wasn't any news out of Asia last week?
5. Will the retracement on the EURUSD to the upside be positive?
6. How can we profit from Forex swaps?
7. How do I look for a good setup trade by using technical analysis?
8. How reliable are the candles in the MT4 chart?
9. What technical indicator(s) and settings do you use to know a currency trend and reversal?
10. How do Forex gaps happen on weekends?
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).
FXPRIMUS, The Safest Place to Trade, 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 provides an unmatched level of fund safety combined with Straight Through Processing, top notch execution with tight spreads, prompt and responsive customer support, and an industry-leading trader toolset that includes free access to powerful trading tools and personal coaching via FXPRIMUS Coach.