Cryptocurrency

EUR/USD: Dollar Awaits U.S. Bankruptcy ● The dollar has been rising since May 4. Last week, on May 26, the DXY Index reached 104.34. It hasn't been this high since mid-March 2023. What is driving the U.S. currency up and,…

EUR/USD: Awaiting Fed and ECB Meetings ● The main factor determining the dynamics of the US Dollar Index (DXY) and, consequently, the EUR/USD pair last week was… silence. If recently, the speeches of Federal Reserve…

EUR/USD: Rate Forecast: USD +0.25%, EUR +0.50%   ● Due to the lack of significant economic news, the EUR/USD dynamics in recent days has been determined by statements by representatives of mega-regulators regarding interest…

EUR/USD: The Dollar Continues to Sink ● The DXY dollar index updated a 12-month low last week, and EUR/USD, respectively, rose to a maximum (1.1075) since April 04, 2022. The US currency has been falling for the fifth week…

EUR/USD: Fed rate Divination Continues ● The dollar seems to be either weakening or not. On the one hand, the DXY dollar index updated a two-month low on April 4, falling below the support of 101.50, and EUR/USD rose to a new…

EUR/USD: Why the Dollar Fell ● Last week passed without sharp jumps. The dollar continued to fall in price, and EUR/USD returned by March 30 to where it was traded seven days before. The local maximum was fixed at 1.0925, and…

EUR/USD: ECB Not Fazed by Banking Crisis ● The past week was marked by a large black candle when EUR/USD plummeted from 1.0759 to 1.0515. And this happened not on Thursday, March 16, when the ECB made a decision on the…

EUR/USD: USA Labor Market Stops USD ● Jerome Powell played on the dollar side last week. Of course, the Fed Chairman knew that markets expected an interest rate increase of 25 basis points (bps) from the next FOMC (Federal…

EUR/USD: Pause in the 1.0600 Zone ● On Thursday, March 02, the DXY dollar index broke again through the bar at 105.00 points but could not stay there. As usual, the dollar was supported by an increase in US government bond…

EUR/USD: FOMC Protocol Strengthens the Dollar ● Macroeconomic statistics in both the US and the Eurozone look mixed. In both regions, inflation is slowing down (which is good), but GDP growth is also decreasing (which is bad…