The week ahead of us is critical for the currency market. On Wednesday, we have the inauguration day in the United States, as Joe Biden will officially become the new President. The Biden’s administration economic agenda is based on three pillars – fiscal stimulus, infrastructure spending, ...
Last week brought some troubling events in the United States, as protesters took the Capital by assault. Lives were lost, and the nation faces an identity crisis. Shortly after the order was restored, President Trump recognized President-elect Biden’s victory and ensured people that there would ...
Bitcoin held the headlines into the end of the trading year. It rose from $10,000 in October to $35,000 in late December, tripling in value in less than two months. Much of the advance, though, came in low liquidity and when “no one was looking”. Just like in 2017 when Bitcoin reached close to ...
While the year is not over yet, everyone looks at what lies ahead. But how to better prepare for the next year’s trading opportunities without looking back at the events that marked 2020? So many things happened that it is impossible to discuss them all in this article. Instead, let’s have a ...
The markets opened with a bearish tone as there is a new turn of events on the pandemic course. Over the weekend, the news that a new virus’ variant circulates in the United Kingdom caused panic in Europe. According to the UK authorities, the new variant spreads faster, and that poses a ...
Last week’s main event, the European Central Bank (ECB) meeting, disappointed the market. The central bank pre-committed to ease the financial conditions already from October, but the markets remained with the feeling that the ECB did not do enough. Yes, the central bank further eased the ...
Following the weak NFP report in the United States last Friday, the market moves to the key event of the week ahead – the European Central Bank (ECB) decision. The central bank already pre-committed to act in December, and most of the impact may already be priced in the market. However, it can ...
Today marks the end of November, and what a month it was! The world received positive vaccine news three weeks in a row, triggering a rally on the stock market and on the price of oil. As usual, the first week of the new month brings with it the jobs data in the United States […]
Bitcoin is on everybody’s lips once again as it comes closer to making a new all-time high. The cryptocurrency is the best-performing asset of the year so far, currently trading above the $18,000 level and close to the magical $20,000. What is interesting is the price of Bitcoin’s ...
Last week it was all about the ECB and the Pfizer-BioNTech positive vaccine news. The week started with a bang as the two companies announced an efficacy for their vaccine of more than 90% – far higher than anyone expected. As such, the stock markets around the world broke higher. The Dow ...
