Sergey Ershov / Blog
EUR/USD: Verbal Interventions by the Federal Reserve Support the Dollar ● In previous reviews, we extensively discussed the verbal interventions made by Japanese officials who aim to bolster the yen through their public statements...
EUR/USD: ECB Triggers Euro Collapse ● The past week was marked by two significant events. The first was the release of Consumer Price Index (CPI) data in the United States on September 13. The second was the meeting of the European Central Bank's (ECB) Governing Council on September 14...
EUR/USD: September 13 and 14 - Key Days of the Week ● For the eighth consecutive week, the U.S. Dollar Index (DXY) is rising, while EUR/USD is declining. The currency pair has retreated to levels last seen three months ago, settling in the 1.0700 zone...
NordFX Brokerage has summarized the trading performance of its clients for August 2023. The company has also evaluated its social trading services, CopyTrading and PAMM, as well as the profits earned by its IB partners...
EUR/USD: No to Rate Hike, Yes to Dollar Appreciation! ● Market participants continue to scrutinize the macroeconomic backdrop in the United States, attempting to discern (or speculate) whether the Federal Reserve will proceed with further increases to the federal funds rate...
EUR/USD: Mr. Powell and Mrs. Lagarde - Much Talk, Little Substance ● Last week's business activity data from both sides of the Atlantic proved to be exceptionally weak. The euro came under selling pressure due to a decline in Germany's Services PMI from 52.3 to 47...
EUR/USD: What Strengthens the Dollar and What Can Weaken It ● The US currency maintained its ascent last week...
EUR/USD: Inflation, GDP, and Prospects for Monetary Policy ● Looking at the two-week flat trend on the EUR/USD chart, one is reminded that it's August, a vacation season. Even the US inflation data released on Thursday, August 10th, couldn't disrupt the relaxed demeanour of traders...
EUR/USD: Dollar Bulls Disappointed by NFP ● Throughout the past week, leading up to Thursday, August 3, the dollar continued to strengthen its position and build on the offensive that began on July 18...