People buy the US dollar because other people do the same Some people may have been encouraged to buy the euro after Germany and France had offered a €500-billion fund to help countries suffered from the pandemic. However, the EUR/USD steady rally requires efforts from both sides. Investors need to be confident when the right time to […]
Blogs
Fundamentals and price/action
Intraday trading Forex strategies A wise combination of fundamental and technical analyses gives a trader some important advantages. Examining the influence of economic factors on a currency rate helps us identify a trend. Examining charts, we can find entry points and place stop orders and targets appropriately. What makes the market situation mo
Analysis for oil, gold, and EUR/USD for 20.05.2020
Oil price growth stopped in the resistance zone [30.04 – 29.67]. A down correction may start USCrude – oil The oil price has consolidated above Target Zone 3 [26.67 – 25.92]. It means that the next target for middle-term buy trades is Target Zone 4 [34.17 – 33.42]. The uptrend key support is now in […]
Dollar creates obstacles
EUR/USD bulls are going ahead, but there are no gains without losses The risk of the euro-area breakup was reduced as Germany and France offered a €500-billion European recovery fund to support the EU countries worst affected by the pandemic. This news encouraged EUR/USD bulls. At the same time, the dispute between Democrats and Republicans in the
Changes at Nomura, CLS, Libra: Executives on the Move
Catch up on the latest highlights of senior professionals taking up new roles in the forex, fintech and crypto world
CBDCs Will End Global US Dollar Dominance: JP Morgan
Trade settlement and SWIFT system will be impacted the most.
ConsenSys Acquires Fluidity for an Undisclosed Sum
The two companies were already operating a joint venture.
Shell AM Hires BlackRock Director Monique Van Gils
She is set to lead external managers liquid investments
Canaan Reports $5.6M in Q1 Net Loss with Falling BTC Miner Demand
The company even cut the prices of its devices by more than half.
Will Regulators Assess Viability of Trade Repositories After CME Departure?
CME Group is closing down its Trade Repositories in Australia and Europe.