Tuesday 7 October 2014

Now Trade Gold against Australian Dollar, Yen or Yuan with IFC Markets

LONDON, Oct. 7, 2014 (GLOBE NEWSWIRE) -- via PRWEB - IFC Markets has launched a new set of Personal Composite Instruments with gold that make it possible to trade gold quoted against Australian Dollar, Chinese Yuan and Japanese Yen. Note that the company also offers the group of Gold instruments, which allows investors to trade gold against such popular financial instruments, like oil, silver and S&P index. Thus, the new PCIs were a beneficial addition for those who prefer trading gold.
New PCIs involve gold quoted against two additional major currencies -- Australian Dollar and Japanese Yen and one exotic currency - Chinese Yuan. These PCIs provide an opportunity to pick the preferable markets taking into consideration criteria they consider the most important-- like liquidity and volatility. Now it is possible to compare the price dynamics of these instruments and see how volatile each of them is and decide which one suits one's trading strategy.
The wider choice of instruments differing in volatility and liquidity levels also expands the opportunities for trade, by allowing to trade the economic developments in a number of nations also, namely Japan, Australia, China. This is true, since these new instruments are very sensitive to fundamental economic developments in these countries and their currencies reflect new developments. Thus, while gold may be relatively stable against Japanese Yen and Australian Dollar, it may settle in a trend against Chinese Yuan due to new policy measures, initiated in the country in response to economic slowdown.
In addition, the new instruments ideally suit to the trend following strategy when data on key fundamental events like changes in Manufacturing PMI, employment, sales, etc., are released. The PCIs respond to this news through the changes their component currencies undergo during those events.
To summarize, new PCIs with gold offer investors new trading and analyzing opportunities. Recall that the creation of these instruments is realized through GeWorko Method, which is available only on NetTradeX trading terminal. The company is going to expand the list of new PCIs. Each trader may himself make analysis and create totally new instruments from various financial assets.
About IFC Markets:
IFC Markets is a leading innovative financial company, providing private and corporate investors with various trading and analytical tools. The company provides its clients with Forex and CFD trading through its own-generated trading platform NetTradeX, which is available on PC, iOS, Android and Windows Mobile. The platform is available in 15 languages. The company also offers MT4 platform available on PC, Mac OS, iOS, Android and Smartphone. The main priority of the company is to provide highly competitive services, traditional and totally innovative trading and analytical solutions. Today IFC Markets is one of the best global CFD brokers in the market, supporting traders in multiple languages.

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