Soloforex - Stocks, Forex and Binary Options Trading News
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
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
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
EURO BEATS OTHER CURRENCIES WHILE  THE OPTIMISM FOR THE EUROZONE ECONOMY INCREASES
Another week of data has come to an end and the first half of 2017 confirms the euro as the strongest currency of the moment. The euro closed the first half of the year with the best performance on the forex market among the G10 countries’ currencies. The euro... Read more
FEDERAL RESERVE: THIRD RATE RISE IN SIX MONTHS
As we have already mentioned in the previous article, last week the market was affected by the monetary policy decisions of some very important states. First, the Federal Reserve, as expected by traders, raised interest rates at a range of 1,00% — 1,25%. It is his third rise in... Read more
FED, BOE, BOJ READY FOR THE RATE DECISION
The main market movers of last week were the European Central Bank meeting and the elections in the United Kingdom. The meeting of June of the Governing Council of the ECB was held in Tallinn, Estonia and as expected by the market, the interest rates remained unchanged. As stated... Read more
EUR/USD GOES UP ON US DOLLAR WEAKNESS
The main market mover of last week was the GDP of United States. After the disappointment of the preliminary data, the growth of the US economy was strong in the first quarter. US GDP, in its second version, showed a variation of 1,2%, against the 0,7% previously reported. Analysts... Read more
As mentioned in the previous article, last week began with the meeting of the Reserve Bank of New Zealand on monetary policy. The RBNZ has revised upwards its estimates on the official discount rate, consistent with the monetary policy statement of November and announced an increase of 25 basis... Read more