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.

GBPUSD

GBPUSD Hits Multi-Years Lows And Rebounds On Monetary Measures

GBPUSD hit in the early Asian session the multi-year lowest level at 1.1411 but managed to rebound sharply and reversed all of yesterday’s loses. The Bank of England in a surprising move yesterday cut the interest rates from 0.25% to 0.1%. The BOE also announced the increase of UK government...

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Bitcoin price

Bitcoin Price Over 70% Higher Since Recent Lows

Bitcoin price reverses early losses and jumps over 7% as the rebound from March 2019 lows continues for the fourth day in a row. As the coordinated actions from central banks calm investors at least, for now, the bitcoin is the first asset that managed to rebound, adding over 70% [...]
FTSE 100

FTSE 100 Bounce On Coordinated Central Banks Intervention

FTSE 100 jumps in early trading as the coordinated central banks’ intervention ease the coronavirus fears. Bank of England yesterday in surprising move cut the interest rates down from 0.25% to 0.1%. The central bank also announced the increase of UK government and corporate bonds holdings by £200 billion....

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Gold Price Today

Gold Price Rebounds Above $1500

Gold price managed to rebound today and reverse yesterday’s losses as the precious metal bounced from oversold levels. Gold is under selling pressure amid the global sell-off due to the coronavirus outbreak. Investors liquidate portfolios even safe-haven assets in the search for cash....

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AUDUSD

AUDUSD Rebounds From 2003 Lows After RBA Cut Rates

AUDUSD managed to rebound from 2003 lows that hit in early European session after the Reserve Bank of Australia (RBA) cut the cash interest rate by 25 basis points to record low 0.25%. Reserve Bank of Australia said that it would not increase rates until the economy approaches the ‘full [...]
EURGBP

EURGBP Retreat As Bank of England Cut Rates

The EUR to GBP retreat today from seven-month highs after the Bank of England's Monetary Policy Committee at a special meeting voted to cut the Bank rate to 0.1% and increase its holdings of UK government and corporate bonds by £200 billion. Earlier today, ECB announced an extensive QE programme. [...]
crude oil prices

Crude Oil Price Rebounds From 2003 Lows

Crude oil price managed to rebound today after yesterday’s sharp drop to the lowest levels since 2003. Crude oil price hit yesterday $20.50 as the excess supply amid the price war between Saudi Arabia and Russia pressured crude oil prices....

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Live EURUSD Chart

EURUSD Drops to 2017 Levels As ECB Launches QE

EURUSD slumps to 1.0728 the lowest level since April 2017 after the European Central Bank launched a temporary quantitative easing programme. ECB will buy bonds up to 750 billion of companies and government debt across the eurozone in an emergency move to combat the coronavirus outbreak impact.  Earlier today the [...]
dax index

DAX Index Turns Red Despite The ECB Stimulus

Dax index despite a positive start turned lower a of writing as the easing package from European Central Bank failed to calm investors. ECB announced earlier a bond buying program of 750 billion of company and government debt across the eurozone in an emergency move to offset the coronavirus outbreak...

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