Weekly analysis EUR/USD SWOT

Source: Dreamstime

At  Deltastock we believe that a balanced and structured analysis of some of the most traded instruments would be beneficial for our clients. To a large extent, the arguments in the analysis of a currency instrument remain valid when trading other crosses, due to the interdependence of the markets.

For example, the analysis for EUR/USD can be directly applied when analysing the USD/CHF cross, due to the very high negative correlation. That is, if the euro-dollar rises, the dollar-franc most likely falls, and vice versa. But  for both currency pairs, the arguments for the USD would be valid.

Read more

The Digital Euro: Everything You Need to Know

Visual transformation of the digitisation of a 100 euro banknote

Source: Pixabay | Photographer: geralt

Reading time: 6 minutes

In an age of fast-spreading viruses and instant contactless payments, it makes perfect sense that the nations of the world are toying with the idea of bringing their currencies in the digital realm. Following the steps of People’s Bank of China and Sweden’s Riksbank, at the beginning of October, the European Central Bank was the latest financial institution to propose the digital equivalent of its official currency – the euro.

Read more

Business Impossible: How COVID-19 Led to the Bankruptcy of World-renowned Companies

Businesses gone bankrupt due to COVID-19

Source: Dreamstime

Reading time: 6 minutes

As expected, the unprecedented crisis, provoked by the global COVID-19 pandemic, led to significant economic problems and bankrupted many businesses of all sizes and in all economic sectors. 

Аccording to some estimates, the negative effects of the downturn have already outweighed those of the 2008 crisis. “I’m pretty confident we will see more bankruptcies this year than ever before,” recently commented for Fortune magazine James Hammond, CEO of New Generation Research – the data analytics company that runs Bankruptcy Data. 

Read more