Disappointing U.S. Jobs Data Hinders Greenback’s Recovery by Bogdan Giulvezan Friday the US Dollar took a blow from poor US jobs data, as the Non-Farm Employment report showed that only 49K new jobs were added during the previous month, while the prediction was 85K. Even worse, the previous report was revised from -140K to -227K, […]
What In The World Is Doge Coin? by Bogdan Giulvezan Over the last 24 hours, the crypto space has been taken over by DogeCoin and its meteoric rise… and fall. Within the span of one day, DOGE exploded more than 1,000%, reaching highs of about 0.087 against the USDT on Binance charts. The coin has […]
ECB Keeps Rates Unchanged, Focus Shifts on The Fed Bogdan Giulvezan Last week the European Central Bank kept the interest rate unchanged, as expected. The monetary policy didn’t suffer any changes, and ECB President Lagarde did little to move the Euro during the virtual press conference but despite this relative lack of catalysts, the EUR/USD […]
The Story of the 21 Bucks and the FUD It Created by Bogdan Giulvezan FUD: Fear. Uncertainty. Doubt. It can be triggered by the weirdest reasons and it can lead to massive selloffs. As we are all watching the Bitcoin charts going down, some of you may wonder about the reason. Here it is: yesterday, […]
Where Does Bitcoin Go From Here? By Bogdan Giulvezan Just recently, Bitcoin reached a new All-Time High (ATH), at exactly $42,000 according to TradingView charts. And while this is a great achievement and a major talking point, some of us are forgetting another bit of information, which may be even more important: after breaking the […]
Is the Greenback Staging a Comeback? Rising U.S. bond yields have boosted the US Dollar, which in turn triggered bearish price action for EUR/USD starting last week and continuing through the beginning of the current one. At the time of writing, the yield on the 10-year government bonds is 1.11%, which may lead to additional […]
How Will ETH/USD Respond? On January 13, 2018, Ethereum hit its All-Time High (ATH), trading at 1,432.88 against the US Dollar (data from CoinMarketCap). That day corresponded to a previous ATH in Google search term popularity for the word “Ethereum”. Today, January 8, 2021, according to Google Trends, the searches for “Ethereum” have hit a […]
Bitcoin $25,000K: From Meme to Reality by Bogdan Giulvezan Guess who’s back in 2020? BITCOIN! This year alone, Bitcoin climbed from $4,935 (16 March 2020) to $29,173 (reached on the 31st of December 2020), coming from a $3,000 low reached back in 2018. Can we say that’s impressive? Yea, I think we can. And let’s […]
Government Shutdown Avoided by Bogdan Giulvezan Monday the markets reacted strongly to the news that President Donald Trump signed a $2.3 trillion bill that will allocate $1.4 trillion to government spending and $900 billion to pandemic relief aid. This comes as a mild surprise, as the President initially threatened to refuse to sign the bill, […]
What Have We Learned in 2020? by Bogdan Giulvezan Bye, Bye 2020! We’re not gonna miss ya (probably). Do I even need to say it? 2020 has been a messed up year… and believe me, I would like to use another word instead of “messed” but let’s keep it clean. This year, Brexit actually happened […]