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The origins of Forex

The modern international currency trade is only 42 years old, but in 2019 this market reached a daily turnover of $6.6 trillion (the estimate for 2020 is $10 trillion!). The single decision to remove the US dollar from the gold standard resulted in the creation of the world’s largest market. …

14.07. Fresh trading analysis: IT sector news

Tuesday, July 14th, today’s news—China's exports grow as countries open borders, 2.5% economic growth is expected in the second quarter. Oil prices continue to decline amid the pessimism over demand recovery, as well as ahead of OPEC+ meeting, UK economy enters a tepid recovery. The price of Brent oil is …

13.07. Fresh trading analysis: Nasdaq trading volume rises

Monday, July 13th, today’s news—US stock indices rise, and the dollar is up, despite the rising number of new COVD-19 cases. Asian shares also rise, oil prices drop ahead of the expected easing in the supply cuts by OPEC+. The price of Brent oil is $42.80, WTI—$40.09. EUR/USD is at …

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