Sergey Ershov / Blog
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...
NordFX, the brokerage firm, has summarized the performance of its clients' trading transactions for July 2023. The social trading services, PAMM and CopyTrading, have also been evaluated, as well as the profits gained by the company's IB partners...
EUR/USD: Not hawks anymore, not doves yet ● The past week was filled with both events and the release of macroeconomic data. Regarding the Federal Reserve meeting on July 26 and the European Central Bank meeting on July 27, there were no surprises in terms of key interest rate hikes...
EUR/USD: Awaiting the Federal Reserve and ECB Meetings ● When the DXY Dollar Index dropped to April 2022 levels (99.65) on July 14, many market participants concluded that the best days for the American currency were over...
EUR/USD: Falling Inflation Has Crushed the Dollar ● So, we can either congratulate (or, conversely, upset) everyone with the onset of a global process of dedollarization. As Bloomberg reports, after the inflation rate in the US approached 3...