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❗️Expanding the number of cryptocurrencies to add funds to a trading account❗️ Dear traders! Taking into account the wishes of our clients, we are expanding the list of cryptocurrencies accepted through the Bitpay payment system. XRP and USDT were added to BTC, ETH, BCH. XPR is the internal...

Sales continue - the dollar grows stronger Technical overbought after the historic recovery of stock markets in April-May made itself felt - we are witnessing a natural correction and local strengthening of the dollar. Technical sales are also fueled by the actions of the Fed. The American...

Marketwatch Weak global economic recovery In today's release, we’ll cover the following topics: - China’s inability to recover from quarantine. - The German Minister of Economics pessimistic view on rapid economic growth. - The Stock market in the red zone. The Chinese Bureau of Statistics...

Possible 2nd wave of virus pressures oil The oil price has slumped as much as 5 percent in today’s trading session, extending losses from last week, as fears of a 2nd round of the coronavirus emerged after new infections were reported in China and the United States, raising concerns the news...

Economic calendar for the week The second wave of the pandemic: emerging markets and oil are declining due to concerns about the second wave of coronavirus amid a new outbreak in Beijing and rising infections in several US states and other countries. The dollar against this background shows...

US Department of Energy: Record Oil Reserves - Crude oil reserves in the United States increased by 5.7 million barrels per week and set a historical record of 538.1 million barrels. The current volume of oil reserves is 14% higher than the average level for the previous five years. - In...

Forecast of the currency pair AUD / USD Today we will take a look at the AUD / USD currency pair. The situation for this currency pair remains confusing, as quotes are stuck in the tight range of 0.6915–0.7005 with occasional breakouts. I will point out that the upper limit of the range is the...

History may dictate direction of Bitcoin The price of Bitcoin made another run for the $10,000 dollar mark in yesterday’s trading session after the US Federal Reserve decided to keep rates on hold, which was followed up by a rather dovish monetary statement where the Fed noted that interest...

Fed: The rate will not change for another 2 years "We're not thinking about raising rates," Mr Powell told reporters on Wednesday. "We're not even thinking about thinking about raising rates." - The magnitude of the economic downturn in the United States is extremely uncertain. The Fed...

USA: Prices are not rising fast enough Coronavirus continues to affect US consumer prices. Over 12 months the annual basic consumer price index only grew by 1.2%. However, the reaction of the main financial assets to the worsening inflation rate is zero. The dollar is in flat. The reason for...

Market Watch Tolerance for risk continues to increase In today's release, we’ll cover the following topics: - US dollar weakness throughout the market. - US inflation report. - The decision on interest rates and control of the yield curve from the US Federal Reserve. On the second trading...

Aussie dollar's remarkable recovery The Australian dollar continues to stun the market with its swift recovery from around US75c at the height of the coronavirus pandemic to the best part of US70c as of today a more than 25 percent gain, which many attribute to the Australia’s successful...

Eurozone GDP The economy of the Eurozone in the 1st quarter shrank by 3.6% (expected: -3.8%); in relation to the 1st quarter of last year, the decline in GDP amounted to 3.1%. (expected: -3.2% yy). This is the third assessment and compared to the second (-3.2% yy and -3.8% qq) the numbers were...

Dollar may enter a bear market The US dollar has entered into a period of uncertainty after Friday after the release of job figures from the US gave hope that the economy might be recovering from the effects of the coronavirus quicker than first thought. In one of the biggest miscalculations...

Forecast of the GBP/USD currency pair Today we will take a look at the GBP / USD currency pair.We are witnessing a general strengthening of USD across most of the market, including the GBP. Despite the fall of the GBP / USD pair, there is still a risk of further decline. Therefore, in case of a...