Soloforex - Stocks, Forex and Binary Options Trading News
BITCOIN vs BITCOIN CASH: THE RALLY AND THE LACK OF SECURITY
At the beginning of August, the same mining company that created Bitcoin, has decided to cope with the speed of transaction process by creating a new cryptocurrency, the Bitcoin Cash. While Bitcoin has continued to rally, the Bitcoin Cash has suffered the first hacker attack for lack of security.... Read more
FOREX AND STOCK MARKETS: AUGUST MONTHLY ANALYSIS
There is a strange steady calm on both the foreign exchange market and the stock market. The euro/dollar rally seems to have stopped and Wall Street is so calm that even the Italian stock market has better results. Let’s see in detail what is happening in these markets in... Read more
How to protect your deposit | #1 Forex Trading strategy
Regardless of its tremendous daily turnover of $5.1 trillion, unmatched by any other financial market segment, high liquidity and seemingly numerous opportunities for profit from both positive and negative global events, the Foreign Exchange Market represents a volatile and risky environment, where security is increasingly becoming a luxury. As... Read more
THE IMPORTANCE OF CRYPTOCURRENCIES IN 2017
At first it was just Bitcoin, then we also got Ethereum and Ripple. They are cryptocurrencies, they do not exist but represent one of the most popular assets of the moment. Let’s point out a few points and tips to invest best on them. A cryptocurrency is a digital... Read more
FED DID NOT INCREASE THE RATES BUT THINK ABOUT THE REDUCTION OF ECONOMIC STIMULUS
Two weeks ago it was the turn of Draghi and the European Central Bank who had to decide about monetary policy. Last week was the time of Janet Yellen and Federal Reserve who announced to maintain unchanged interest rates in the monetary policy meeting of 25-26 July. Reference rates... Read more
VOLATILE MARKETS: HOW TO DEAL WITH THE RISK OF LOSSES
Market volatility is no different for many investors unless it is a source of strong concern, as it can destroy its investments, but also lead to serious repercussions on the entire capital. By their very nature, markets fluctuate in the short term and anticipating its trend is not easy. Investing in... Read more
DOVISH DRAGHI CANNOT GET THE EURO OFF FROM THE PODIUM
The week just ended began with the meeting of the European Central Bank and Mario Draghi’s dovish words. The ECB has left unchanged interest rates and the tapering hypothesis has gone for the moment. At 13:45, the ECB announced the decision to leave interest rates unchanged; an hour later,... Read more
CRYPTOVALUES SHAKE THE MARKET IN THE FIRST HALF OF 2017
Markets are always on the move, so sometimes it is okay to do some analysis. Half of 2017 is already over, let’s find out where the investors have invested so far. Here is the list of the best and worst assets chosen by traders to diversify their portfolios over... Read more
Factors Affecting Foreign Exchange Rate
The trend of a currency price depends on the quantities purchased and sold it. If a currency has been purchased in large quantities, there will be an appreciation of that currency and its value will increase. Some factors, such as macroeconomic data, may affect such quantities and thus affect... Read more
EUR / GDP INCREASES THANKS TO STERLING DEPRECIATION
It has been a very intense week of market movers involving the United States, while the EUR / USD exchange has continued to strengthen despite the data published on Friday on Non Farm Payrolls that stunned the market. Non Farm Payrolls of June have stunned the market as new... Read more