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Dollar Regains Strength, NordFX Reports
Binance and Cryptocurrency Exchange
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Foreign exchange market
Forex and Cryptocurrency Forecast by NordFX. May 20-24, 2019
Mon, 20 May 2019 03:50:00 +0000
Roman Boutko, an analyst for NordFX, has come up with another consensus forecast for the forex and cryptocurrency markets for the forthcoming trading week starting on May 20, 2019.
You are free to discuss this article here: forum for traders and investors
Dollar Regains Strength, NordFX Reports
Right before the start of another trading, NordFX experts came up with another set of market predictions for the forex and cryptocurrency markets. Their predictions are based on the consensus forecast compiled from various market forecasts made by various market experts as well as the result of technical analysis. The period is March 30th - April 3rd. So, this is what those predictions look like:
Binance and Cryptocurrency Exchange
These days, Binance is a a giant in the world of cryptocurrency exchange. It wont' be an exaggeration to say that this is a Microsoft or a Mercedes in the world of cryptocurrencies. This is a major brand and a symbol of security for those investing in Bitcoin and other digital currencies.
Dollar Becomes Safe-Haven Asset Amid COVID-19 Pandemic
Fed Cuts Interest Rates. What Does It Mean For Bitcoin?
Fed Cuts Interest Rates Again Amid COVID-19 Pandemic
The U.S. Federal Reserve, which can be considered the world's most influencial central bank, has been really serious about the COVID-19 pandemic going on around the world. For the first time in the history of the Federal Reserve, the central bank has done it twice within a couple of weeks. This time, the key interest rate was cut by 100 basis points, which brought it very close to zero. To be more specific, during the recent urgent FOMC meeting that took place on Sunday, March 15th, the FOMC members almost unanimously decided to cut the interest rated from 1,00-1,25% all the way down to 0,00--,25%.
Coronavirus's Impact On Markets Intensifies, NordFX
The period when the coronavirus makes everyone stay at home can be seen as a perfect time for traders and investors to do some extra trading and investing. To help both rookies and seasoned traders and investors to navigate the markets and see the current tendencies much clearer, NordFX has come up with yet another weekly set of forecasts:
TOP 5 Bitcoin Investors
Trading Approaches, As Seen By Professionals
Each and every trader out there should choose the right trading approach that will suit them best. Trading experts say that are 6 trading approaches:
