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GBP/USD. January 22, 2021 – Pound falls under pressure from economic publications

Yesterday the British pound fell to 1.3650, today the pair recovered to 1.3670.

Sterling looks pretty stable...

January 21. ECB expectedly kept the base rate at zero level

The Board of Governors of the European Central Bank (ECB) at its meeting today kept the base interest rate at a record low zero, as...

USD/CAD. January 21, 2021 – Canadian dollar strengthens to 3-year highs

The USD/CAD currency pair on Thursday dropped to the level of 1.2600. The Canadian dollar strengthened to a maximum of three...

January 20. Joe Biden takes over as President of the United States

Today is a very important day for the United States of America – the inauguration of the new President-elect Joe Biden. The...

EUR/USD. January 20, 2021 – Euro continues to rise above 1.2150

On Wednesday, the euro continues to rise, reaching 1.2150. Yesterday, ex-head of the Federal Reserve System and future US Treasury...

January 19. Important macroeconomic publications of the day

Macroeconomic calendar on Tuesday does not differ in the variety of publications, however, attention should be paid to the following...

EUR/USD. January 19, 2021 – The pair is awaiting Biden's inauguration

On Tuesday, the major currency pair started recovering from the 1.2050 area. The current quote EUR/USD is 1.2135.

Today the...

January 18. German economy faces significant decline if restrictions are extended

The Bundesbank said today that the German economy still manages to stay afloat, but it could also face a «tangible...

EUR/USD. January 18, 2021 – Euro continues to decline

The euro continues to decline against the dollar on Monday, reaching 1.2060. Weak economic statistics from the US, as well as uncertainty in...

Note the changes in trading hours on January 18, 2021

Dear traders!

Please pay attention to some changes in trading hours due to the celebration of Martin Luther King Day, a national holiday in...

January 15. German economy shrank by only 5% in 2020

According to preliminary data from the German Federal Statistical Office, the country's economy contracted by only 5% in 2020, less than...

GBP/USD. 15.01 | Consolidation in the 1.36-1.37 price range

The GBP/USD pair continues to trade within the range of 1.36-1.37. The current quote is 1.3655.

Currently, the epidemiological...

January 14. The yield on Italian government bonds rises due to political chaos in Rome

The yield spread on Italian and German 10-year government bonds reached its highest level in a month amid...

January 14, 2021 – Why is the oil market declining?

Yesterday, Brent quotes updated an almost annual maximum at $57.38 per barrel, but today the asset has dropped to $55.77.

The pressure on...

ForexMart launches a new trading tool – Indices

Dear clients of the company,

We are glad to announce the launch of a new trading instrument, with which you can significantly diversify your...

January 13. Bitcoin shows worst dynamics since March 2020

On Wednesday, the most popular cryptocurrency drops in price, showing the worst trading dynamics since March 2020. Since the beginning of...

EUR/USD. January 13, 2021 – The pair cannot determine the movement vector

The EUR/USD pair continues to trade in different directions, fluctuating within the range of 1.2130-1.2230. The current...

January 12. European markets decline amid doubts about vaccine effectiveness

European stocks on Tuesday traded in different directions, reacting to the statements of the US Federal Reserve...

EUR/USD. January 12, 2021 – The dollar stopped his rally at the level of 1.2130

On Tuesday, the dollar suspended its growth in the area of ​​1.2130. The EUR/USD pair has been hovering at 1.2150...

January 11. Oil has renewed its February 2020 high

On Monday, March Brent oil futures surpassed $56 per barrel for the first time since February 25, 2020. During the day, quotations decreased...

GBP/USD. January 11, 2021 – The sterling starts the year weakening

The GBP/USD pair continues to decline, reaching 1.3460. The sterling is under pressure from the negative fundamental background....

EUR/USD. January 07, 2021 – Democrats won the Senate, the dollar went up

The Democrats won the Senate election, which greatly increases the likelihood of continued full stimulus and expansion of...

January 06. Trump bans transactions with Chinese payment services

US President Donald Trump signed a decree banning financial transactions with Chinese companies. The list of these companies...

January 05. Experts named the key risks of 2021

Analysts of the consulting company Eurasia Group named the main risks for the economy, international politics and states in general, which they may...

EUR/USD. 06.01 | Euro has renewed its maximum at 1,2340

The euro is trying to gain a foothold above the 1.34 level. The current quote for the EUR/USD pair is 1.2340, which has become the next...