Soloforex - Stocks, Forex and Binary Options Trading News
BITCOIN FLIES AND REACHES $15.000
The past week has been relatively quiet. The market movers were not so interesting, but nevertheless the market was lively. Proof of this is the fact that Bitcoin broke through the $15.000 mark. Everything started on Wednesday, December 6th, when the price of Bitcoin arrived at $12.000 and a... Read more
OPEC EXTEND THE CUTS FOR 2018 WITH THE EXIT STRATEGY
The most awaited news of the week was scheduled at the end of it but before there were a series of market mover and very interesting preliminary data. We are going backwards starting from the important news, that is the decision of OPEC to extend the cuts throughout 2018.... Read more
BITCOIN TRADING GUIDE (PART 1): THE TRANSACTIONS
What does distinguish Forex trading from bitcoin trading? Are the basic rules the same? What do you have to do to earn with bitcoin? We will try to address step by step all issues related to bitcoin trading and to make it a guide for beginners. We have dealt with... Read more
FED & ECB MINUTES BRING BACK EUR/USD ABOVE 1,18
Main news of last week was the publication of the minutes of both meetings of the European Central Bank and the Federal Reserve. The first ones to be published were the Fed one. There was a profound optimism among the various central bank officials led by Janet Yellen thanks... Read more
EU AND US INFLATIONS BOOST EUR/USD EXCHANGE RATE
As anticipated last week, the most important figures of this week were those relating to the inflation of the Eurozone and the United States. Both data have made the fate of the EUR / USD cross. US October inflation confirmed the expectations of analysts. The data, on a monthly... Read more
DOLLAR WEAKNESS HELPS EURO AND GBP
Following the October meeting of the European Central Bank, the European Commission published this week the eurozone growth forecast and more. Autumn European Economic Forecast includes data on gross domestic product (GDP) growth, inflation, employment and amongst others. GDP Growth is expected at 2,2%, higher than expected in spring... Read more
COMMODITIES: PRACTICAL EXAMPLES OF THEIR OPERATION
There are many ways in which commodities work in the market as an asset. Every rule is confirmed by what happen to the most listed raw materials at the moment: natural gas, gold, oil, and extraordinarily cryptocurrencies. With the advent of cryptocurrencies, investing in commodities does not seem so... Read more
FED AS THE ECB: INTEREST RATE UNCHANGED
As always happens the following week at the meeting of the European Central Bank, it is the time for Federal Reserve to talk about interest rates. Janet Yellen, Fed’s outgoing Governor, announced that the central bank of the United States decided to keep interest rates unchanged at 1,25%. Currently,... Read more
The Open Ended Quantitative Easing of Mario Draghi
This week mainly focused on the European Central Bank, which, in addition to the decision on rates, surprised the market with other important news that brought EUR / USD to the lowest in July. It was interesting that interest rates have been completely ignored on the eve of the... Read more
Pro Forex Guide (Part 1): Bollinger Bands
Bollinger bands are an important technical analysis tool. If you use them correctly, you can understand when to enter and when to leave the market and how the currencies will move, anticipating possible trend reversals, and more. Bollinger bands are one of the most functional tools in the panorama... Read more