Summing up 2020: Major events of the past year

By Admin in Articles 0 Comment

Congratulations, we’ve made it through 2020! This eventful year is almost over. Let’s take a moment to look back and recall its key events.

It’s difficult to even start to comprehend how much this expiring year has changed our lives. We are all wearing masks and washing our hands several times a day now. If someone told us back in 2019, that we wouldn’t be able to travel or even leave our house, we would laugh in their face. But we did face the lockdown and spent several months self-distancing, in isolation.

But apart from the much-hyped coronavirus, what other key events are worth considering? We believe that there were more…

3 Times in History, When Traders Struck Gold

By Admin in Articles 0 Comment

Imagine you could travel back in time to any year you wanted. Maybe you have a time machine or a special power. Which year in history would you choose to travel back to?

Before you jump to your favorite costume’s era, consider the years when savvy traders made hundreds of thousands, even millions, almost overnight from the financial markets, simply because they made the right trade at the right time.

Wouldn’t you want to go back to these events in time and set yourself up for life too? Here are three times you could have struck gold if you’d been there, done that! Keep them in mind more…

Admiral Markets adds USDMXN to 40+ Forex pairs!

By Admin in Brokers news 0 Comment
USDMXN trading

Dear traders,

You asked, and we delivered – in response to an increasing number of requests, Admiral Markets is expanding its Forex offering to include another new currency pair:

  • USD/MXN – The US dollar crossed with the Mexican peso

The MXN ranks eight in global liquidity, behind the USD, the Euro, the Japanese yen and the British pound, and its most popular currency pairing is with the US dollar. However, it still offers great opportunities for traders wanting to speculate on Central American markets.

This latest addition to the suite of instruments available in our Trade.MT5 account brings more…

Key mark for Euro passed

By GG Analyst in Reviews 0 Comment

Europe

EURUSD

The important support for EURUSD at 1.05 was broken this week. This happened due to more optimistic than expected forecasts for economy and further course of interest rate’s hike. In September, markets and the Fed Reserve had something we may call consensus for expectations of two hikes in 2017, but in December more hawks appeared, and eventually they await for three hikes. This goes along with Trump’s promises to boost economy growth by means of taxes and public expenses. Since the real divergence between monetary policies of ECB and the Federal Reserve became a driver of EURUSD drop below 1.05, the more…

Euro declines without news

By GG Analyst in Reviews 0 Comment

EURUSD

As before Federal Reserve’s announcement about interest rate, pair EURUSD slowly declines without news releases. The reason is the demand growth for risky assets that encourages borrowings in EUR which stands as a funding currency. Though, it’s important to realize that scope of Euro weakening is less than the two previous escalation impulses caused by ECB and FRS. To boost selling of common currency market participants, probably, willing to have more heavy reasons that will create bearish approach for euro. This is blocked by the confidence of the market that interest rate will reach the lowest boarder received as hints from more…