EUR/USD: Growth of the Pair as a Result of DXY Correction ● The DXY dollar index hit a multi-year high of 105.05 on Friday, May 13 after a six-week rise. The last time it climbed this high was 20 years ago. However, a reversal followed, and the DXY was below the 103.00 horizon on May 19-20...
Analytics & Forecasts
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21 May 2022, 12:31 #bitcoin, forex
EUR/USD: On the Way to 1.0000 ● The dollar continues to rise, while the EUR/USD pair continues to fall. The DXY dollar index crept close to 104.9 on Thursday, May 12. The last time it climbed this high was 20 years ago. The pair found the bottom at the level of 1...
Analytics & Forecasts
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14 May 2022, 14:08 #bitcoin, forex
EUR/USD: A week of Many Multi-Year Records ● Although some hotheads, such as James Bullard, the head of the Federal Reserve Bank of St. Louis, believed that the interest rate could be raised by 0.75% straight away, everything happened as the market expected...
Analytics & Forecasts
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7 May 2022, 13:55 #bitcoin, forex
NordFX Brokerage company has summed up the performance of its clients' trade transactions in April 2022. The services of social trading, PAMM and CopyTrading, as well as the profit received by the company's IB-partners have also been assessed...
Company News
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2 May 2022, 21:38 #bitcoin, forex
EUR/USD: Euro Updates Five-Year Low, We Are Waiting for the Fed (FOMC) Meeting ● The DXY index that measures the US dollar against a basket of six other major currencies updated its 20-year high on Thursday, April 28...
Analytics & Forecasts
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30 April 2022, 12:24 #bitcoin, forex
EUR/USD: Words Drive Trends ● The main drivers of the past week were statements by important ECB and FRS officials. However, the beginning of the five-day period was relatively calm: the Easter weekend had its effect...
Analytics & Forecasts
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23 April 2022, 13:46 #bitcoin, forex
EUR/USD: Fed's Apples and ECB's Oranges ● The dollar continues to strengthen, while the EUR/USD pair moves down. A week's low was recorded at 1.0757 after the ECB meeting on Thursday, April 14. After correction, the final chord, sounded at around 1.0808...
Analytics & Forecasts
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16 April 2022, 12:54 #bitcoin, forex
EUR/USD: Three reasons for the Strengthening of the Dollar ● The proponents of a stronger dollar won by a very small margin in the previous forecast. 50% of analysts voted for its growth, 40% were against and 10% took a neutral position...
Analytics & Forecasts
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9 April 2022, 14:56 #bitcoin, forex
NordFX Brokerage company has summed up the performance of its clients' trade transactions in March 2022. The services of social trading, PAMM and CopyTrading, as well as the profit received by the company's IB-partners have also been assessed...
Company News
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4 April 2022, 16:50 #bitcoin, forex
EUR/USD: Too Much Uncertainty ● The movement of major currencies was determined throughout March by reports from the Russian-Ukrainian front, the sanctions-energy war with Russia, and the pace of monetary tightening...
Analytics & Forecasts
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2 April 2022, 14:46 #bitcoin, forex