Author: Editorial Team

ForexPromos Editorial Team is comprised of a selection of hand picked editors that bring you the latest breaking news from the financial markets. We also provide forex educative articles as well as comprehensive fx broker reviews.
What is ‘Helicopter Money’ Policy?

What is ‘Helicopter Money’ Policy?

Financial Markets Explained
Helicopter Money is a proposed alternative in the world of easy monetary policy. One could be forgiven to mistake the term as a phenomenon where loads of money is simply dropped from a Helicopter. Helicopter Money is seen by many critics as the next step after Quantitative Easing. Helicopter Money, although might seem new to many has been around for years. The term is attributed to Milton Friedman and his parable of 'Helicopter drop of money' in 1969. “Let us suppose now that one day a helicopter flies over this community and drops an additional $1000 in bills from the sky, .... Let us suppose further that everyone is convinced that this is a unique event which will never be repeated,” (Friedman 1969, pp 4–5) In this article you will learn how helicopter money works, how it can be implem
What is the ECB’s Corporate Bond purchase program?

What is the ECB’s Corporate Bond purchase program?

Financial Markets Explained
After the ECB ventured into the world of quantitative easing as a policy response to deflationary threats and lack of growth in the Eurozone, the markets are abuzz with the latest venture, known as corporate bond purchases starting June 8th. So what are corporate bond purchases how are corporate bond purchases different from regular bond purchases and what impact will it have on the Eurozone economy? This and more questions are answered in this article. ECB's QE - Timeline and Context The European Central bank, embarked on Quantitative Easing when it announced on January 2015 that the central bank would purchase sovereign bonds to stimulate growth in the European economies. While initially starting with a monthly bond purchase program of 60 billion euros, the ECB quickly ramped up their ...
First Binary Option Broker Review

First Binary Option Broker Review

Forex Broker Reviews
First Binary Option broker is a refreshing change for serious binary options traders. Unlike the regular spin offs from white label services such as Tradologic or Spotoption, First Binary Option takes an independent approach to trading binary options. Indeed, if you prefer to make serious money with binary option and not gamble, First Binary Option is a uniquely positioned binary options broker that could be just your right binary options broker to trade with. Website: Firstbinaryoption.com Minimum Deposit: $5 Minimum Trade: $1 Currencies: 27 forex pairs Stocks: 15 NYSE stocks, 9 MICEX stocks Commodities: Gold, Silver, Brent Crude Oil, WTI Crude Oil Indices: 11 global indices Deposit Methods: Credit/Debit Cards, eWallets, Bank wire transfer...
Monsanto is ripe for a pull back to 100

Monsanto is ripe for a pull back to 100

Technical Analysis
Monsanto is in the news after an initial Bloomberg report that Bayer AG, the German pharmaceutical giant was considering a takeover of the bio tech company which is well known for its GMO (genetically modified) seeds and agricultural products. The takeover bid was for $62 billion and was unsolicited. Under the terms, Bayer approached Monsanto for a deal which includes an offer of $122 a share, which is at a 3% premium. While the offer was made on Monday, Monsanto rejected the bid. The company said that the offer from Bayer AG was inadequate but said that it was open to continue the conversation. In a statement, Monsanto CEO Hugh Grant said "We believe in the substantial benefits an integrated strategy could provide to growers and broader society, and we have long respected Bayer’s busin
Integrating the MACD with Your Strategy

Integrating the MACD with Your Strategy

Trading Articles
After discovering the multiple benefits of employing moving averages in an effort to better time the market and identify key support and resistance pockets, the next logical progression of indicators is to focus on the moving average convergence divergence, more commonly referred to as the MACD. The big idea behind this indicator is understanding the best time to establish Call or Put positions depending on the signal produced by the MACD.  This is a very valuable indicator for short-term investors in particular, especially if used to define both entry and exit points for a trading strategy. The Different Components The MACD indicator is comprised of two main components: the moving average convergence divergence line and the signal line.  Additionally, on some platforms, there will be