Sergey Ershov / Blog
– The decline in the price of bitcoin and other cryptocurrencies this week is most likely due to investors anticipating the upcoming decision by the US Federal Reserve regarding a rate cut. The announcement will be made following the conclusion of the meeting on 18 September...
EUR/USD: Storms and Tempests on September 18, 19, and 20 ● The past week can be divided into two parts – from September 9 to 11, and from the 12th to the 13th. Initially, the dollar strengthened, then it lost ground...
– The first debate between U.S. presidential candidates Donald Trump and Kamala Harris took place on 10 September. Although cryptocurrencies were not mentioned, the debate outcome had a negative impact on the prices of leading digital assets...
EUR/USD: Markets Await ECB and Fed Meetings ● If the US economy is growing, investors buy up dollars to invest in the US stock market. As a result, the DXY Dollar Index rises. But as soon as the dark shadow of an impending recession falls over the rosy picture, the countdown begins...
– The founder of Cardano and co-founder of Ethereum, Charles Hoskinson, has stated that the crypto industry no longer needs bitcoin. According to him, it has become a religious symbol, which means its ecosystem is doomed...
The brokerage company NordFX has summarized the trading performance of its clients for August 2024. Additionally, the social trading services, CopyTrading and PAMM, along with the profits earned by the company’s IB partners, were evaluated...
EUR/USD: Dollar Takes the Offensive ● Since the beginning of July, the DXY dollar index had been declining, reaching an eight-month low of 100.51 on 27 August. The primary reason for this negative trend was the concern about a potential slowdown in the U.S. economy...
– Undoubtedly, the recent arrest of Pavel Durov, the programmer, creator, and owner of the Telegram messenger, has become the event of the past few days. The billionaire was detained on 24 August at Le Bourget Airport in Paris, where he had arrived by private jet from Azerbaijan...
EUR/USD: Fed Chair Sinks the Dollar ● On Wednesday, 21 August, the DXY dollar index dropped to an eight-month low, finding support at the 100.92 level. Consequently, the EUR/USD pair recorded a 13-month high, reaching 1.1173. The last time it reached such heights was in July 2023...