Euro Expected to Rise to $1.27 by the End of September 2012

FOREX CLUB

Euro Expected to Rise to $1.27 by the End of September 2012

AsiaNet 50416

MOSCOW, Aug. 23, /PRN=KYODO JBN/ --

    

        - Euro Zone and Euro currency insights given by

                Head of Research, FOREX CLUB

    Speaking at recent conferences in Stavropol and Pyatigorsk, Andrey Dirgin,

Head of Research FOREX CLUB Group of Companies, said he expected the Euro to

strengthen to $1.27 in September. The conferences, held by FOREX CLUB to give

insights and information on major economies and the FX markets, attracted

institutional and regional investors.

    (Logo: http://photos.prnewswire.com/prnh/20120517/533090 )

    Dirgin went on to state that future decisions on the European Stability

Mechanism are likely to have a major impact on the foreign exchange markets in

the coming months. He predicted that liquidity would also be a key issue for

investors, due to the appreciation of long-term financing in the global economy.

    Also speaking at the conferences, Pavel Kasparov, Analyst-Instructor of the

International Academy of Investments and Trading [http://www.traderacademy.ru

], official partner of FOREX CLUB in Russia and the CIS, said: "Investors are

setting more and more requirements not only to the profitability of investment

vehicles but also to their stability in a crisis situation. Traditionally

popular saving instruments such as bank deposits and real estate no longer meet

the growing expectations of investors. The current situation in the Euro Zone

has led not only to rising sovereign debt rates for Southern Euro Zone

countries and Euro volatility, but also an increasing risk of a collapse of the

economics of the European Union.

    "In this environment of growing risks, not all investment instruments show

the same yield growth. Bank deposits and investment in real estate provide

investors with a low yield in an environment of heightened risk and at a level

below the risk-return demands of investors. That's why there is an increasing

demand for investment vehicles that combine greater returns with a higher

resistance to the financial crisis."

                                       Notes to Editors

    The views expressed in this release are solely for information purposes and

do not constitute the provision of investment advice or an offer to sell, or a

solicitation of an offer to buy, or a recommendation to buy or sell, any

security or services.

    About the Speakers

    Andrey Dirgin graduated from the Department of International Law, Moscow

State University of International Relations (MGIMO), and the Diplomatic Academy

of the RF Ministry of Foreign Affairs as a specialist in international economic

relations. In 2005-2006, he held the position of Leading Analyst in the

preparation of a number of studies in the United Nations Organization. From

2007 to 2008, Mr Dirgin worked as Senior Analyst at the investment division of

IFC Metropol; from 2008 to 2009, he was Leading Expert on Global Markets in IC

BrokerCreditService. In 2010, he joined the FOREX CLUB Group of Companies. He

specialises in macro-economics in the Russian Federation and the United States,

metals, oil, currency and stock markets.

    Andrey Dirgin's biography in pdf format

[http://www.fxclub.org/sites/fxorg/files/files/press/dirguin_bio.pdf ].

    Pavel Kasparov is an analyst-instructor of official partner of the

International Academy of Investments and Trading, an official partner of FOREX

CLUB in the Russia Federation and the CIS. Since 2005 he has specialised in

system trading on financial markets and he is also an expert in technical and

fundamental analyses. He is well-regarded across the Russian Federation for

trading systems, including in Voronezh, Lipetsk, Pyatigorsk, Stavropol,

Nalchik, Armavir and others.

    About FOREX CLUB

    Established in 1997, FOREX CLUB (the company) is the brand name for a group

of companies that provides clients from over 120 countries with platforms and

services for trading forex, CFDs and other online trading and educational

products. We offer every client high quality tools in training, analytics and

education, as well as personal support where they want it. FOREX CLUB has over

600 employees worldwide. In 2011, over 45,000 traders chose to learn forex

trading with us. The company was one of the industry's first to offer zero

spread trading and commission refunds on all unprofitable trades, which it also

provides on StartFX 2, the company's proprietary platform.

    We are committed to the developed standards set forth by government

regulators and one of our company's priorities is to conduct business in strict

compliance with current regulatory requirements of the markets within which we

operate. As one such example, LLC FOREX CLUB, our Russian broker, is a founding

member of CRFIN [http://www.crfin.ru ], the Russian self-regulatory

organisation. It is a legally registered entity of the Russian Federation,

incorporated on 28 October 2010 and it holds the license of the Federal

Financial Markets Service, No. 1564. For more information on our Russian

broker, please see below.

    The structure of FOREX CLUB Group of Companies includes a range of brokers

and training centres, including Forex Club International Limited, Akmos Trade,

FOREX CLUB (FSFM license #004857) and the International Academy of Investments

and Trading [http://www.traderacademy.ru ] (license #025928). For information

on our business, please click here [http://www.forexclub.biz ].

    About LLC FOREX CLUB (Russian broker)

    LLC FOREX CLUB is a Russian company that forms one part of the

international FOREX CLUB Group of Companies. The key goal of LLC FOREX CLUB is

to provide Russian traders - both individuals and legal entities - with an

opportunity to trade in the forex market in full compliance with Russian law

and the self-regulating industry as established by SRO CRFIN in the Russian

Federation.

    The operations of LLC FOREX CLUB are organized in accordance with the

established norms of corporate governance and reporting, and are based on the

principles of information transparency, integrity, and reliability for

respective individuals and legal entities.

    LLC FOREX CLUB'S relationships with its clients are based on providing a

high level of service, using advanced technologies for efficient online

trading. The company relies on the quality of its service, mutual trust,

professionalism and transparency with its clients. Its client activities are

covered by judicial protection in accordance with Russian law and the standards

of SRO CRFIN, the Russian forex industry's official self-regulating

representative body in the Russian Federation.

    The company's mission is to ensure fully-fledged support of optimal forms

of regulation in the Russian Federation and practical application of the

recommended norms. It implies provision of forex services based on the model of

over-the-counter derivative financial instruments, as well as the use of the

experience of Akmos Trade - the oldest forex broker in Russia that now forms

part of FOREX CLUB Group of Companies, in terms of cooperation with Saint

Petersburg Exchange and the development of the "FX+" project.

    The company holds the FSFM license No. 1564, and is an official member of

SRO CRFIN.

    SOURCE: FOREX CLUB

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