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…

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…

22.02.2019: Pound lacks momentum against US dollar (EUR/USD, GBP/USD)

A possibility of the US and China striking a trade deal shapes the investor sentiment.The euro-dollar, the most popular currency pair, is hovering at highs.The euro-dollar pair is trading sideways in the range between 1.1330 and 1.1340.At the same time, the euro faces the risk of a selloff on the back of weak macroeconomicstatistics.The EU…

27.06.2019: Time is right to buy USD and sell BTC? (USD, GOLD, CAD, BITCOIN)

Traders are sitting on the sidelines, awaiting the news from the G20 summit which kicks offtomorrow in Osaka.Meanwhile, safe haven gold has rocketed to the level of 1,430 US dollars a troy ounceon the back of uncertainty in the trade relations between the US and China and a growing riskof a full-blown military campaign between…

25.02.2019: Oil prices plunge amid Trump’s remarks (USD, Dow Jones, Bitcoin, Brent)

The appetite for risky assets was boosted by hopes that the United States and Chinawill settle down the trade dispute in the nearest future.Therefore, demand for safe-haven assets decreased.The US dollar index that tracks movement of the American currency against other majorsis losing ground amid such sentiment.The index is moving in a downward trend, having…