Nikolas Papas
Nikolas Papas
Nikolas Papas has been in the finance industry for over fifteen years in roles spanning across Europe and USA and has acquired in-depth knowledge and experience within many aspects of the financial markets. Nikolas has worked for some of Europe’s leading brokers, as an equity analyst, and a trader managing accounts for both private and corporate investors.

USDMXN

USDMXN At All-Time Highs As Crude Oil Slumps To 2002 Lows

USDMXN continues higher for the 16 trading session as the crude oil price slumps to the lowest level since 2002 amid the coronavirus disruptions in the global economy and the crude oil price between Russia and Saudi Arabia....

Continue reading with a free membership account. It takes seconds to create. Please note that site is optimized for Chrome on Iphones.

[nextend_social_login style="icon"] Register


USDCAD

USDCAD Retreat After Fed Announced Open-Ended QE

USDCAD trades higher after the two day’s correction from the four-year highs as the FED stepped in with aggressive measures to offset the coronavirus outbreak impact on the economy. The Federal Reserve will buy $250 billion in MBS this week and also will buy $375 billion in Treasuries.

FED EURUSD

EURUSD Jumps On Fed Aggressive Measures

EURUSD jumped over 80 pips after the Fed announced new aggressive measures and will buy unlimited amounts of Treasurys and mortgage securities. The Fed will buy $250 billion in MBS this week and also will buy $375 billion in Treasuries. Above that will relaunch TALF to support the consumer and [...]
Nasdaq 100

Premarket: Nasdaq 100 & S&P Futures Rebound On New Fed Bazooka

Nasdaq 100 futures started with a gap down on Monday trading 1.92% lower but off the daily lows after an emergency funding package failed a key Senate procedural vote. The $1.8 trillion relief package is a corporate bailout with no protections for workers. Democrats blocked the bill, with a 47-47...

Continue reading with a free membership account. It takes seconds to create. Please note that site is optimized for Chrome on Iphones.

[nextend_social_login style="icon"] Register


USDTRY

USDTRY At 30-Month Highs Amid USD Strength

USDTRY trades higher for the ninth session out of the last ten in a rally that drove the price to September 2018 highs. Investors run away from emerging markets currencies to the safe-haven assets as the coronavirus disruptions spread around the globe, pushing the global economy into recession....

Continue reading with a free membership account. It takes seconds to create. Please note that site is optimized for Chrome on Iphones.

[nextend_social_login style="icon"] Register


Live Ripple Price Chart

Ripple Price Consolidates Upside Capped at $0.1621

Ripple price seesaws close to unchanged level after yesterday’s sharp drop. Ripple hit 33-month lows as traders liquidate their portfolios to raise cash and limit exposure to risky assets. Ripple lost over 66% of its value since the February highs, while during the rebound has recovered only 30%. The Ripple [...]
gold price

Gold Price Capped at 200-Day Moving Average, Sellers in Control

Gold price started the week lower after a short positive break on Friday as the liquidation of all assets set to continue for one more day amid the global disruption due to coronavirus outbreak....

Continue reading with a free membership account. It takes seconds to create. Please note that site is optimized for Chrome on Iphones.

[nextend_social_login style="icon"] Register


Dow Jones

Dow Jones Higher But Sentiment Remains Fragile

Dow Jones starts the session higher as six central banks announced joint action to help the provision of the liquidity of the dollar. Bank of Canada, Bank of Japan, Bank of England, European Central Bank, the Fed, and the Swiss National Bank said they would be using standing US dollar [...]
EURUSD

EURUSD Rebound From 2017 Lows On Liquidity Injections

EURUSD returns to unchanged level in a highly volatile session. The pair rebounded in early Asian session from April 2017 lows. Liquidity injections from central banks improved investors sentiment during the European session, and the euro managed to bounce against the greenback....

Continue reading with a free membership account. It takes seconds to create. Please note that site is optimized for Chrome on Iphones.

[nextend_social_login style="icon"] Register


Dax Index

DAX Index Higher As Central Banks Inject Liquidity

Dax index started the day with a gap up and continues in positive territory for the second day in a row as investors digest the relief packages announced by many countries around the globe. The German finance ministry reiterated that would take all necessary measures to combat the coronavirus outbreak.