LONDON, UNITED KINGDOM -- (Marketwire) -- 12/20/12 -- As a multi-award winning forex broker based in the City of London, Vantage FX UK have been watching the General Election in Japan with great interest knowing the impact the result would have on the forex market.
Now that Shinzo Abe has reclaimed his position as Prime Minister, his promise to guide the Bank of Japan to a monetary stimulus which is open-ended can be realised. He aims to halt deflation and achieve a target of 2% inflation.
While speculation of just this result led to a Yen sell-off in the build up, the actual result means that prices can't go much lower until the LDP's plan starts to take shape, and so for now it would appear, the opportunity is open for forex traders to take advantage.
What can forex traders do with this information?
New and experienced traders can education/basic-forex-principles/">learn forex with the help of Vantage FX UK. They offer:
- EA Test Labs
- Forex Webinars
- Forex Basics
- Technical Analysis Advice
- Risk Management Guidance
- Trading Psychology Help
- Meta Trader 4 Tutorials
Not to mention a range of FX tools such as:
- Meta Trader 4
- Forex Strategy Builder
With forex training from Vantage FX UK and these cutting edge tools, traders can put themselves in a position to know what to do with situations such as this Japanese election result, and be in a position to confidently decide what to do and how to do it.
About Vantage FX UK
Vantage FX UK is an internationally recognised foreign exchange trading broker based in the City of London, providing foreign exchange trading services to clients in the UK, the EU and the rest of the world.
What sets Vantage FX forex brokers apart is the wide range of services and outstanding level of customer support they provide. The company strives to provide an intuitive, interactive Forex experience by continually innovating and taking advantage of the latest trading technology, such as MetaTrader 4 and Expert Advisors.
Vantage FX also offers extensive forex training resources to help give traders their edge, keep up with daily market commentary and try an FX trading demo account.
Vantage FX UK
Follow Vantage FX UK on Twitter (@VantageFXUK)
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