The US dollar surged on Monday, reaching a three-week high after US President Donald Trump followed through on his threat of additional trade tariffs, increasing demand for the safe-haven currency. The dollar index, which tracks the behavior of the US dollar against a basket of six other currencies, was trading nearly 1% higher at 109.305 […]
Daily Technical Analysis EUR/USD: Falls to 1.0200, Multi-Week Low Due to Tariffs
During the early hours of Monday, the EUR/USD currency pair witnessed a significant decline, falling to the 1.0200 area, marking a three-week low. This movement brings spot prices dangerously close to the two-year low established in January, leading some investors to question whether the pair is entering a prolonged downtrend that has persisted for several […]
The Key Trading Indicators Every Investor Should Master
Knowing how to use tools such as indicators is fundamental for trading in the financial markets. They provide the ability to understand price movements in assets, helping traders discover better buying or selling opportunities. In this article, we will explore the most commonly used indicators in trading. Indicators make it easier to interpret the behavior […]
Dollar Rises Awaiting the Federal Reserve Meeting, Euro Loses Ground
The US dollar rose slightly on Wednesday in a cautious trading environment ahead of the Federal Reserve’s policy decision, while the euro weakened with the European Central Bank (ECB) meeting scheduled for Thursday. The dollar index, which tracks the US dollar against a basket of six other currencies, was trading around 0.2% higher at 107.850, […]
Daily Technical Analysis EUR/USD: Setbacks on the Eve of the Federal Reserve Interest Rate Meeting
The EUR/USD pair trimmed its gains of recent weeks on Tuesday, losing six-tenths of a percent and retreating slightly toward the 1.0400 level, as markets brace for another Federal Reserve meeting on Wednesday. Markets overwhelmingly expect the Fed to keep interest rates steady in January, although investors will be watching not only Fed Chairman Jerome […]
Dollar Gains on Renewed Tariff Talks, Euro Eyes ECB Meeting
The US dollar rose on Tuesday, rebounding after last session’s losses as a result of a sell-off in technology stocks, driven by growing concerns about trade wars and their impact on global growth. The dollar index, which tracks the greenback’s performance against a basket of six major currencies, increased 0.5% to 107.725, although it remained […]
Outlook for Week of January 27 – 31
Key Points to Watch Out For: Fed Expected to Pause Rate Cuts as Trump’s Second Presidency Begins The Federal Reserve will take the spotlight this week, as it convenes for its first monetary policy meeting of the year. While the European Central Bank (ECB) and the Bank of Canada are expected to continue easing, the […]
Poland Increases Its Presence in the Bitcoin ATM Market
Poland has climbed the global rankings for Bitcoin ATMs, overtaking El Salvador to become the fifth-largest country in the world for the number of these devices. As of January 27, Poland added 10 new Bitcoin ATMs, raising its total to 219. This marks significant progress, placing it behind only the United States, Canada, Australia, and […]
Dollar Gains Ground Amid Tariff Concerns, Euro Looks Toward ECB Meeting
The US dollar gained on Monday, recovering from recent losses as attention turned back to the potential for trade tariffs under the Trump administration at the start of a week in which the Federal Reserve is set to hold its monetary policy meeting. The dollar index, which analyzes the behavior of the greenback in comparison […]
Daily Technical Analysis EUR/USD: Trading Below 1.0500 Amid US Dollar Recovery from Monthly Lows
The US dollar gained strength following the release of mixed data from the US Purchasing Managers’ Index (PMI). Uncertainty surrounding the impact of President Donald Trump’s trade and immigration policies has further supported the Federal Reserve’s cautious approach to cutting interest rates in 2025. US PMI Data Highlights Mixed Signals Data from S&P Global on […]