Introducing Broker Forex: Cyprus crisis is affecting euro quotes

Introducing Broker Forex:  The euro was pinned near four-month lows against the U.S. dollar in Asia on Wednesday.

This is after Cyprus' rejection of bailout terms seemed to threaten default or even expulsion from the euro zone.

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Introducing Broker: It seems that the global economy is finally improving!

Introducing Broker:  According to Reuters.com global equity markets rose on the 7th of March  after an encouraging U.S. weekly labor market report indicated a steadily improving economy.

This is while the euro strengthened after the European Central Bank left its benchmark interest rate unchanged.

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Introducing Broker: Get advice from the experts

Introducing Broker:  An introducing broker (IB) – the IB is the sales person of the futures industry. An IB handles operations for clients in the Forex markets, futures and option markets and they also manage the accounts of a number of investors.

An introducing broker provides a wide range of services such as:

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Introducing Broker: Advantages of hiring an introducing broker

For traders that are starting in the foreign exchange market- Forex is not a very clear to the new trader.

What is the role of an Introducing Broker and how they can help traders? Usually, Forex training does not explain what a Forex IB is or descriptions about what they actually do.

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