EUR/USD: How Mr. Powell Aided the Dollar ● The past week witnessed few significant events, which reflected in EUR/USD pair's fluctuations around 1.0700. Notably, there was a slight increase in the Dollar Index (DXY), starting at 105.05 and reaching a peak of 105.97 by Friday, November 10...
Analytics & Forecasts
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11 November 2023, 12:53 #bitcoin, forex
Starting from 2017, the brokerage firm NordFX has received numerous awards for achievements and innovations in the field of cryptocurrency trading. These awards were given by both authoritative professional juries and through open voting by traders...
Company News
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5 November 2023, 11:13 #bitcoin, forex
EUR/USD: A Bad Week for the Dollar ● Throughout the week, the Dollar Index DXY, along with EUR/USD , appeared to be riding the waves, moving up and down. At the beginning of the week, preliminary data for Europe was released...
Analytics & Forecasts
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4 November 2023, 12:59 #bitcoin, forex
NordFX brokerage company has summarized the trading performance of its clients for October 2023. Additionally, the social trading services and the profit earned by the company's IB partners were evaluated. ● The past month proved highly fruitful for the company's clients...
Company News
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1 November 2023, 11:56 #bitcoin, forex
EUR/USD: Awaiting the Pair at 1.0200? ● Having started the past week on a positive note, EUR/USD approached a significant support/resistance level at the 1.0700 zone on Tuesday, October 24, before reversing and sharply declining...
Analytics & Forecasts
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28 October 2023, 12:45 #bitcoin, forex
EUR/USD: No Interest Rate Hikes from the Fed and ECB in the Near Future? ● Starting from the last days of September, the U.S. Dollar Index (DXY) has been trading within a sideways channel. Macroeconomic data released last week did not provide a clear advantage to either the U.S...
Analytics & Forecasts
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21 October 2023, 11:48 #bitcoin, forex
EUR/USD: Inflation Drives Trends ● At the beginning of last week, the Dollar Index (DXY) continued its decline that began on October 3, while global equity markets experienced growth. The dovish stance of Federal Reserve officials and the falling yields on U.S. Treasury bonds were driving factors...
Analytics & Forecasts
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14 October 2023, 10:38 #bitcoin, forex
EUR/USD: Will the Pair Reach 1:1 Parity? ● Throughout 2023, the U.S. economy has effectively withstood aggressive interest rate hikes. The market-anticipated recession has yet to materialize, allowing the Federal Reserve to maintain its hawkish monetary stance...
Analytics & Forecasts
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7 October 2023, 11:23 #bitcoin, forex
Brokerage firm NordFX has summarized the trading performance of its clients for September 2023. The company also evaluated its social trading services and the profits earned by its IB partners...
Company News
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1 October 2023, 13:30 #bitcoin, forex
EUR/USD: Correction is Not a Trend Reversal Yet ● The dynamics of the EUR/USD pair in the past week were atypical. In a standard scenario, combating inflation against the backdrop of a strong economy and a healthy labour market leads to an increase in the central bank's interest rate...
Analytics & Forecasts
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30 September 2023, 23:05 #bitcoin, forex