Recent content by Stan NordFX

CryptoNews of the Week - The risk of default by Evergrande, one of China's largest construction companies, which has accumulated 2 trillion yuan ($309 billion) in debt, triggered panic in financial markets on September 20. Investors began to get rid of risk assets, tumbling stock markets. The...

USD/JPY: Zero Again The coming week can be safely called the week of the central banks. In addition to the US Federal Reserve and Bank of England meetings, investors will learn the views of the People's Bank of China and the Bank of Japan on the economic situation in their countries on...

Forex and Cryptocurrency Forecast for September 20 - 24, 2021 EUR/USD: Awaiting US Fed Decision The dollar continues to strengthen, and the EUR/USD pair moves south. Starting on Monday September 13 at 1.1810, it ends the five-day run at 1.1730. The movement is certainly not very strong, only...

CryptoNews of the Week - Analytics software provider MicroStrategy has purchased an additional 5,050 BTC at $48,099 for approximately $243 million. This was announced by the head of the company Michael Saylor. As of September 12, MicroStrategy owns 114,042 BTC. A total of $3.16 billion was...

USD/JPY: Another Zero Result Pair Being a safe haven, the USD/JPY pair has been moving along the 110.00 horizon since last March, making rare attempts to get out of the 108.30-111.00 trading channel. So this time again, having started the five-day week at 109.70, it ended the week almost at the...

Forex and Cryptocurrency Forecast for September 13 - 17, 2021 EUR/USD: Eurozone QE Recalibration The ECB meeting on Thursday 09 September went off as expected with no surprises. The interest rate remained unchanged at 0%. The European regulator has proposed a “dovish” reduction in the...

Forex Traders Association Recognizes NordFX Customer Support as Best Service of 2021 What is the most important thing for a broker? Is it money? No, it isn't. Is it computers and software? It is not either. The most important thing is the clients, their trust, and their satisfaction with the...

CryptoNews of the Week - El Salvador entered into force a law recognizing bitcoin as a legal means of payment on Tuesday, September 7. President Nayib Bukele tweeted about this three minutes before midnight local time. “In three minutes, we will go down in history,” wrote Bukele. Earlier, the...

NordFX Sums up August: British Pound Back at Peak Popularity NordFX brokerage company has summed up the performance of its clients' trade transactions in the last summer month of 2021. The leader was once again a trader from India, account No.1584XXX, earning a profit of 326,278 USD. This...

USD/JPY: Most Unflappable Pair As a safe haven, the USD/JPY pair has been moving along the 110.00 horizon since last March, making rare attempts to get out of the 108.30-111.00 trading channel. So this time, having started the five-day week at 109.80, it first dropped by 20 points, then rose by...

Forex and Cryptocurrency Forecast for September 06 - 10, 2021 EUR/USD: Falling Dollar and Rising Risk Appetite The majority is not always right. Thus, only 30% of the experts voted for EUR/USD to grow to 1.1900 last week. But they were the ones who proved right. After the release of data...

CryptoNews of the Week - Hundreds of residents rallied in the capital of El Salvador against the legalization of the first cryptocurrency, Euronews reports. Citizens are concerned about possible increases in corruption due to the replacement of the US dollar with bitcoin The Salvadoran...

USD/JPY: Calm, and Calm Again Amid market unrest caused by statements from Fed executives, unlike the rest of the currencies, the yen, as a quiet haven, is successfully countering any storms. The USD/JPY pair has been moving along the 110.00 horizon since last March, making rare attempts to get...

Forex and Cryptocurrency Forecast for August 30 - September 03, 2021 EUR/USD: Three Hawks and a Dove in Jackson Hole The return of the EUR/USD pair to 1.1700-1.1900 was predicted by 35% of experts supported by 25% of oscillators that showed it was oversold. After renewing the annual low of...

CryptoNews of the Week - MicroStrategy acquired additional 3,907 BTC worth about $177 million on August 24. The average purchase price was $45,294 per coin, including commissions and other expenses. In total, this analytics provider has invested more than $2.9 billion in digital gold. Now...