Forex Videos

The cryptocurrency market also attracts the attention of the traders this week. The virtual money advances, hitting 6-week high. Bitcoin quotes added about 4% breaking the level of $9,000. Experts predict that this cryptocurrency can reach as high as $9,500. The cryptocurrency with the second biggest capitalization, the ethereum, also rose by almost 6%, approaching the level of $690. Remarkably, market participants became less sensitive to decisions of most global banks to take […]

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the April 24th session. Bitcoin/USD — As you can see, absolutely nothing has happened on Monday. It looks like 8,800 is basically the fulcrum that we are messing with right now. I think if we can break above 9,000, we could go to 10,000. But that is an area that is going to be very resistive. […]

The euro has been declining against the greenback for quite a long time now. Market participants are awaiting the upcoming monetary policy meeting of the ECB. Comments by Mario Draghi will shape further dynamics of the EUR/USD pair. Today, the pair is trading at 1.22 level. Lately, macroeconomic statistics has been failing to provide the single European currency with any support. The preliminary data on business activity in the eurozone turned out to be […]

The US dollar index has touched the 3-month high during the American session. At the opening of the Asian session, the greenback also demonstrated a steep growth. The USD/JPY pair is trading near the level of 109.00. The safe haven currency became less attractive to investors as concerns over geopolitical tensions and risks of a trade war between China and US faded away. It has been revealed recently that US Treasury Secretary Steven Mnuchin […]

US stocks were mixed after the close on Friday, as gains in Basic Materials, Healthcare, and Technology were offset by losses in Telecoms, Financials, and Utilities. The Dow Jones fell by 0.06%, the S&P 500 rose by 0.01%, and the NASDAQ lost 0.25% from its value. The US dollar rose to a 8-week high against a basket of currencies amid a slump in both the yen and Aussie dollar, and a rise in the 10-year US Treasury Bills also lifted sentiment. Today, […]

Today, the US dollar is extending strength against its rival currencies in light of Fed forecasts for monetary policy. Last week, officials of the US Federal Reserve pointed out that the US economy is on a sound footing. For this reason, investors are betting on a rate hike at the next policy meeting. The US dollar index surpassed 90.50. Experts say that waning geopolitical risk encourages a further advance of the index. North […]

The US dollar continues rising today during the European session. The EUR/USD pair is trading at 2.5-week lows. The single European currency is trading at 1.2230, against the US dollar. However, the strength of the US dollar is not the only reason behind the pair's decline. On Thursday, at the meeting of finance ministers and central bankers in Washington, ECB President Mario Draghi expressed his worries over the American protectionism that poses a threat to the eurozone's […]

At the start of this trading week, oil prices are correcting their movements. The Baker Hughes report, released on Friday, put the Light Sweet Crude Oil under pressure. WTI Crude oil is trading slightly below the level of $68 per barrel. The geopolitical factors took a back seat while concerns over Crude Oil output in the United States intensified. The Shale Crude Oil lacks momentum on the back of the drilling activity […]

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the April 23rd session. Bitcoin/USD — As you can see, bitcoin has rallied a bit against the US dollar. It looks likely that we are going to continue to try to reach towards 9,000 and then possibly 10,000. Short-term pullbacks should be buying opportunities, but I also recognize that we will more than likely see a significant amount […]

US stocks were lower after the close on Friday, as losses in the Oil & Gas, Telecoms, and Utilities sectors led shares lower. The Dow Jones fell by 0.82%, the S&P 500 by 0.85%, and the NASDAQ lost 1.27% from its value. The US dollar was higher on Friday as the yield on US Treasury Notes rose to February levels and the interest rate expectations offset trade war worries. Today, the Existing Home Sales is expected […]