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Hi Social Traders,
August was a calm month in the currency markets due to summer holidays and the uneventful economic news resulting in many Forex brokers posting lower monthly client trading volumes. Even the MSCI World Stock Index had a flat month showing a slight decline of 0.13% after having strong performance in July. With the focus on what the US Federal Reserve will do in September after Yellen’s somewhat hawkish comments on August 26th, most Central Banks didn’t make any policy changes except for the UK and Australia each cutting interest rates by 25 basis points.
The lackluster currency and stock markets didn’t prevent the growth of Social trading on FX Junction. Thanks to your help in spreading the news to your friends on your social media sites about FX Junction, membership and traders linking accounts continued to make new highs as well as trading volumes posted the second best result in 2016 with approximately 280,000 trades.
As always, the development team is hard at work creating new features to improve your experience on FX Junction. In August, there wasn’t any new visual enhancements to FX Junction as the team has been focusing on the redesign of the website which is scheduled to be released in September. As stated in the August newsletter, the new website will have a completely updated interface that will be compatible with mobile, available in several languages as well as many other exciting features. We sent to our followers on Facebook, Twitter, Instagram and LinkedIn at the end of August a sneak preview of the new website. In case you missed it, here is a glimpse :
Soon after the release of the new and improved FX Junction website in September, we will be adding the ability to share directly posts, trades, profiles, etc from FX Junction to your social media pages, more languages to broaden our reach to traders worldwide and much more...
Help FX Junction continue growing!!
Share your profile, our website, and newsletter on your social pages. It’s more fun to trade together!!
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