Prime Analyst Review

Prime Analyst Review In this article we will talk about the conditions of modern politics and its impact on currency trading . The brief is that we 're going to talk in fundamental analysis and its impact on currency trading . In fact, what happened in Greece , Cyprus and Italy . Has had a significant impact on the euro currency consolidated , and the echo of events in these countries to Prime Analyst strong dependence on the euro currency , where the EUR / USD from more couples traded at the level of market Forex Trading .

Forex Trading and politics
Forex Trading and politics

We'll talk now about Prime Analyst and what happened in Greece and its impact on currency trading . Greece has been living above their capacities , before joining the euro . After the adoption of the single currency , increased public spending . For example, I noticed wages in the public sector increased by 50 % between 1999 and 2007, and that was faster than the other countries in the euro zone much , and accumulated a large debt with the Olympic Games in Athens in 2004. While increased cash flows spread tax evasion. Thus , after years happened in the Greek budget deficit : the difference between expenses and income , and became out of control. Moreover , there has been a large part of the hidden loans , so that the Greek government can enter into the euro zone. But when I got the global financial crisis , the loans appeared hidden visible , the country was not ready to deal with the subject properly . Have reached debt levels to the point were not able to repay the state , any point of no return , and began to demand aid from European partners and the International Monetary Fund in the form of huge loans . So I got a problem and Greece have had a significant impact on the euro currency , which was reflected on all couples intersecting with the euro .

Prime Analyst Forex Trading and politics
Forex Trading and politics
But now Fsnthdt about what happened in Cyprus and the extent of its impact on currency trading . The crisis that took place in Cyprus was the biggest crisis in the history of the country gets . In the years 2012-2013 got the economic crisis that has rocked the Cypriot Republic , after the Cypriot banks affected by the debt crisis that took place in Greece , and Back Cypriot economic classification by international rating agencies . On March 25 2013, it was announced rescue plan for Cyprus obtaining about 10 billion euros by the European Union and the People's Bank of Cyprus (also known as Bank of Iki ) and the Bank of Cyprus (Commercial Bank 's largest island ) , dropping all deposits uninsured there , it is clear that the owners of capital Russians dominate significantly to the accounts in those banks as a tax haven security . As for deposits of less than the value of insurance has about 100 000 euros will not be affected. Thus, we note that the Cyprus problem had a great echo on the trade market currencies , and the summary that the Cyprus problem is a problem belonging to what happened in Greece .

Forex Trading and politics
Prime Analyst our conversation now about what happened in Italy and its impact on currency trading . It was the Italian government spending on public services less than what is earned in taxes , and the government remains on like this every year since 1992 , except in the recession in 2009 . If the reason behind the economic problem that occurred where Italy ? In fact, that Italy originally blessed with a very weak economy . And suffers from poor organization , and an Prime Analyst population , low investment , and the accumulation of debt on them, and all together limit the state's ability to increase production. Gotta country's average annual economic growth rate is a dismal 0.75% in the past 15 years . This is much lower than the interest you paid on the debt . Thus the impact on the euro currency too great . Which led to the weakening of the euro .

Thus, we can see very clearly the impact of any country in the euro on the euro group as a whole , and we can also see the impact of what each state gets the rest of the states in the Union. And the extent of its impact on the currency of that country. The follower of the news you can hear the echo of the cry of a country through its Prime Analyst currency.

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