Soloforex - Stocks, Forex and Binary Options Trading News
DRAGHI EXPRESSES ON EURO AND OIL ON THE ECB JANUARY PRESS CONFERENCE
The past week has been marked by the January meeting of the European Central Bank. On the eve of the meeting, the euro dollar exchange rate returned above the three-year highs. The continuous selling pressure on the dollar allowed EUR / USD to return to 1,2335 level. The news... Read more
EUR/USD FLASH CRASH AND BITCOIN SUFFERING IN CHRISTMAS TIME
In the last days of December that precede the arrival of the new year, various unexpected twists are taking place on the market. The first plot twist is connected to EUR / USD which suffered a real flash crash on the Christmas Day. On December the 25th, the euro... Read more
FED INCREASES RATES TO 1,50%, UNCHANGED FOR ECB AND BOE
We start the report of the week from the 11th to the 16th of December with the news that has made the market move more, namely the rate change implemented by the Federal Reserve. The Fed raised the cost of money to 1,50%, confirming the expectation of analysts. For... Read more
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