03.04.2019: USD drops but BTC rallies. Why? (USD, Bitcoin)

Today traders are in the elevated mood that takes the shine off the US dollar. Investors shrugged off fears about the trade talks between the US and China. Mass media reported today that Washington and Beijing have resolved differences, so the parties are closer to reaching a final trade deal. Besides, investors cheered a series…

Cryptocurrency: What’s Coming in the Year Ahead?

– [Narrator] Bitcoin’s meteoric riseis attracting a ton of attention,but is it ready for the mainstream?JPMorgan Chase CEO Jamie Dimon recently called Bitcoina fraud and said that cryptocurrency pricesare in a bubble that will eventually burst.Many investors have stayed on the sidelinesas cryptocurrencies are seen as too volatileand don’t have the safeguards that most financial…

Cryptocurrency: What’s Coming in the Year Ahead?

– [Narrator] Bitcoin’s meteoric riseis attracting a ton of attention,but is it ready for the mainstream?JPMorgan Chase CEO Jamie Dimon recently called Bitcoina fraud and said that cryptocurrency pricesare in a bubble that will eventually burst.Many investors have stayed on the sidelinesas cryptocurrencies are seen as too volatileand don’t have the safeguards that most financial…

Russia turns to China with landmark gas pipeline

3000 kilometers long running from gas fields in Russia Siberia to the Chinese borderThe power of Siberia gas pipeline is one of the world’s most ambitious energy projects with vast ramifications for relations between Russia and ChinaThe first ever gas pipe line connecting the world’s largest energy exporter and its largest energy consumerconstruction on the…

18.10.2019: Traders selling US dollar ahead of weekend (EUR, USD, GBP)

The sentiment prevailing throughout the entire week preserves.The US dollar continues to decline against the European currencies.Today, traders’ sentiment has been affected by the news on the escalation in the tradedispute between the United States and the European Union.Washington has announced the introduction of tariffs on a number of European goods.However, as many analysts have…

27.12.2018: Recap of European session

Summing up the results of Thursday, we should say that sellers’ attempt to break the resistancezone at 1.1345-1.1370 in the euro-dollar pair failed.Moreover, there is a risk that the pair will decline lower to 1.1300 and then 1.1270.At the same time, the euro-dollar pair is reluctant to move away from the 1.14 areaas trading activity…

25.09.2019: US dollar extends gains (EUR, USD, GBP)

During the European trading session, the US dollar advanced against other majors,having recouped its recent losses.On Tuesday the American currency weakened amid downbeat macroeconomic statistics from the US.Besides, the bearish pressure intensified as the US Democratic Partythat controls the House of Representatives announced a formal impeachment inquiry of Trump.Though the US dollar has managed to…

07.01.2019: BTC and US stocks trading in green: EUR, USD, BITCOIN

On Monday, the single European currency is still following the uptrend versus the USdollar.The euro/dollar pair is trading at around 1.1440.The only reason behind the current euro’s rally is broad-based weakness of the greenback.In the North American pre-market, the US dollar index carried on with a decline and sank below96.00.Financial markets are optimistic about a…

07.01.2019: BTC and US stocks trading in green: EUR, USD, BITCOIN

On Monday, the single European currency is still following the uptrend versus the USdollar.The euro/dollar pair is trading at around 1.1440.The only reason behind the current euro’s rally is broad-based weakness of the greenback.In the North American pre-market, the US dollar index carried on with a decline and sank below96.00.Financial markets are optimistic about a…

03.10.2019: Weak US data continues to exert pressure on market (USDX, USD, EUR, GBP)

The dollar is still losing ground against major currencies following the releaseof ISM Manufacturing index for September which has hit its lowest level in the past 10 years.The US dollar index maintains a bullish trend,though it has retreated from its annual highnear 99.70 and is set to test the key level of 99.00.The EUR/USD pair…