Category: Market News

daily market analysis
February 15, 2021 BY Steffy Bogdanova

Daily market commentary: Optimism about the vaccine roll out is ensuring markets remain in “risk on” mode

OIL Optimism about the vaccine roll out is ensuring markets remain in “risk on” mode. This, in conjunction with the huge liquidity injected by central banks, is pulling up stock markets. This positivity is also impacting oil, with both the main benchmarks recently climbing to their highest in 12 months, including WTI breaking through the…

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Forex Weekly Look Back
February 12, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: StoneX revenue up 1,200%, FXSpotStream appoints Matthew Fic as Americas Head of Sales

Multi-asset broker Exness will be taking part in the iFEX virtual expo on the 10th and 11th of February as a strategic sponsor. The first financial virtual expo in the MENA region will attract attendees from leading brands in the online trading, fintech, banking, digital assets, blockchain, and payments sphere, in a full-scale, highly immersive…

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daily market analysis
February 11, 2021 BY Steffy Bogdanova

Daily market commentary: investors continue to digest disappointing inflation figures from the US

EUROPEAN SHARES  European shares fluctuated on Thursday, following a slightly positive Asian session on lower volumes than usual, as investors continue to digest disappointing inflation figures from the US. However, despite this short-term pause, there is nothing threatening from a technical point of view. Most benchmarks are still trading above strong support levels with no…

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February 09, 2021 BY Steffy Bogdanova

Weekly forex data: focus on inflation

From a technical perspective, the uptrend still seems to be active on this timeframe: there has been no clear breach of the 100 SMA. However, price has now moved out of oversold based on both Bollinger Bands (50, 0, 2) and the slow stochastic (15, 5, 5), so more losses this week might be expected…

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Forex Weekly Look Back
February 05, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: FXCM Group expands its Stock Basket offering, Exness named Damian Bunce its new Chief Trading Officer

Digital asset exchange Gate.io announced that it is the first major centralized exchange to list SNOW. according to a famous crypto trader, Elliot Wainman, SNOW could grow at least 1000%. On February 2, it reached an all-time high of $146.87. SnowSwap is a decentralized exchange which allows its users to swap wrapped, yield-bearing tokens with minimal…

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daily market analysis
February 04, 2021 BY Steffy Bogdanova

Daily market commentary: the US dollar continues to gain ground

GOLD Gold is extending its loss in the general risk on scenario with investors betting on riskier assets, trying to achieve quicker gains. Moreover, the US Dollar is continuing to recover, and this is causing the bullion price to decline. Growing expectations about a relatively quick end to the pandemic are raising hopes on the…

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