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USD/JPY: Is the Bank of Japan Losing Caution? The strengthening of the Japanese currency has taken on a sustained character since the beginning of November. This occurred a couple of weeks after the peak in yields of U.S. ten-year Treasury bonds when the markets were convinced that their...

Forex and Cryptocurrencies Forecast for December 11 – 15, 2023 EUR/USD: Continuation of the Rate War The labour market and inflation: these are the factors that Central Banks closely monitor when making decisions regarding monetary policy and interest rates. It is sufficient to recall the...

CryptoNews of the Week – On the night of December 5 to 6, the flagship cryptocurrency reached a peak of $44,464. The last time BTC traded above $40,000 was in April 2022, before the collapse of the Terra ecosystem triggered a massive crypto market downturn. The current positive sentiments in...

CRYPTOCURRENCIES: A Year Between a Bear Past and a Bull Future December is upon us, making it a fitting time not only to review the week's outcomes but also to assess the entire passing year. Apparently, 2023 has the potential to serve as a transition between the bear 2022 and the bull 2023...

USD/JPY: Caution, More Caution, and Even More Caution We mentioned in the previous overview that the dynamics of USD/JPY in the coming weeks would be almost entirely dependent on the dollar's performance. Additionally, its volatility would be influenced by the oversold condition of the yen...

Forex and Cryptocurrencies Forecast for December 04 – 08, 2023 EUR/USD: December – A Formidable Month for the Dollar Who will start loosening the grip on their monetary policies earlier, the Federal Reserve (FRS) or the European Central Bank (ECB)? The discussion on this topic remains active...

November 2023 Results: NordFX's Top 3 Traders Set Records with Profits of $470,000 NordFX Brokerage Company Summarizes Client Trading Performance for November 2023. Additionally, an evaluation was conducted on the social trading services – PAMM and CopyTrading, along with the profits...

NordFX Super Lottery $100,000 Participation in the NordFX Super Lottery is a great opportunity to improve your financial situation by winning one or even several large cash prizes. The total prize pool is $100,000. 60 prizes of $250 and 15 prizes of $1000 to $5000 will be drawn on January 5...

CryptoNews of the Week – As a result of the resolution of the U.S. authorities' claims against Binance and its former CEO Changpeng Zhao, bitcoin is now poised to exceed $40,000 by the end of the year, according to statements from Matrixport. Various estimates suggested that Binance could...

CRYPTOCURRENCIES: "Modest" Fine of $7,000,000,000 From the events of the past week, one stands out. It has been reported that the largest crypto exchange, Binance, reached a global settlement with the US Department of Justice, the Commodity Futures Trading Commission, the Office of Foreign...

GBP/USD: First Came the Word. But Will There Be Deeds? Recent macroeconomic data indicates that the UK's economy is on the mend, contributing to the strengthening of the British pound. Business activity in the country is rebounding, with the Services PMI and Composite PMI indices showing...

Forex and Cryptocurrencies Forecast for November 27 – December 01, 2023 EUR/USD: Day of Thanksgiving and Week of Contradictions Reminder that the American currency came under significant pressure on November 14 following the release of the Consumer Price Index (CPI) report in the USA. In...

CryptoNews of the Week – The largest crypto exchange, Binance, has announced that it has reached a global agreement with the U.S. Department of Justice, the Commodity Futures Trading Commission, the Office of Foreign Assets Control, and the Financial Crimes Enforcement Network in connection...

CRYPTOCURRENCIES: When Will You Become a Bitcoin Millionaire? According to the Wayback Machine web archive, the surge in the value of the main cryptocurrency has led to a threefold increase in bitcoin millionaires since the beginning of the year. As of November 12, their count reached 88,628, a...

USD/JPY: U.S. Treasuries Expected to Rescue the Yen On November 13, USD/JPY reached a height of 151.90, updating a multi-month high and returning to where it traded in October 2022. However, on U.S. inflation data, the yen staged a comeback. Unlike the U.S. CPI, macro statistics from Japan had...

Forex and Cryptocurrencies Forecast for November 20 - 24, 2023 EUR/USD: November 14 - a Dark Day for the Dollar In the previous review, the overwhelming majority of experts expressed opinions favouring further weakening of the American currency. This prediction came to fruition. The...

CryptoNews of the Week – Thanks to the rise in the price of the main cryptocurrency, since the beginning of the year, the number of bitcoin-millionaires has tripled. As of November 12, their count stood at 88,628, compared to 28,084 on January 5. This surge represents a growth of 215%. When...

CRYPTOCURRENCIES: Market Scandals and Records The past week was marked by two events: the Ethereum scandal and the subsequent rise of bitcoin and the overall crypto market. Let's start with the scandal. Former Ethereum platform consultant, lawyer Steven Nerayoff, accused Vitalik Buterin and...

USD/JPY: Tough Times for the Yen Now, Good Times Ahead The Bank of Japan (BoJ), in its meeting on October 31, decided to keep its monetary policy parameters unchanged, a stance it has maintained for a very long time. The regulator not only retained the negative interest rate at -0.1% but also...

Forex and Cryptocurrencies Forecast for November 13 - 17, 2023 EUR/USD: How Mr. Powell Aided the Dollar The past week witnessed few significant events, which reflected in EUR/USD pair's fluctuations around 1.0700. Notably, there was a slight increase in the Dollar Index (DXY), starting at...