Sergey Ershov / Blog
EUR/USD: Why the Dollar Continues to Rise ● We titled our last week’s review " Why the Dollar Rose " and detailed the reasons for the strengthening of the American currency. It's fitting to name today's fresh review " Why the Dollar Continues to Rise ," and naturally, we will answer this question...
EUR/USD: Why the Dollar Rose ● We named the previous review "Market at a Crossroads." We can now say that it finally made a decision and chose the dollar last week. Starting from 1.1018 on Monday, May 8, EUR/USD reached a local low of 1.0848 on Friday, May 12...
EUR/USD: The Market Is at a Crossroads ● Everything happened as it was supposed to. The Federal Open Market Committee (FOMC) of the US Federal Reserve raised the federal funds rate by 25 basis points (bps) to 5.25% during its meeting on May 2 and 3...
NordFX brokerage company has summed up the performance of its clients' trade transactions in April 2023. The services of social trading, PAMM and CopyTrading, as well as the profit received by the company's IB-partners have also been assessed...
EUR/USD: Awaiting Fed and ECB Meetings ● The main factor determining the dynamics of the US Dollar Index (DXY) and, consequently, the EUR/USD pair last week was… silence...
Finance Derivative magazine announced the Awards 2023. Among the awardees is the NordFX brokerage company, which won in two categories at once: " Most Transparent Forex Brokerage Company UAE 2023" and "Best Forex Affiliate Program South East Asia 2023...
EUR/USD: The Dollar Continues to Sink ● The DXY dollar index updated a 12-month low last week, and EUR/USD , respectively, rose to a maximum (1.1075) since April 04, 2022. The US currency has been falling for the fifth week in a row: the longest series since summer 2020...
EUR/USD: Fed rate Divination Continues ● The dollar seems to be either weakening or not. On the one hand, the DXY dollar index updated a two-month low on April 4, falling below the support of 101.50, and EUR/USD rose to a new high of 1.0972...