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Powell speech: Focused on part of inflation we can address

FOMC Chairman Jerome Powell is testifying before the Senate Banking, Housing, & Urban Affairs Committee on "The Semiannual Monetary Policy Report to Congress." Key takeaways "It's really...

How Are the Growing Economic Concerns Pressuring Airlines?

 Consumers are surviving high airfares because of the pandemic’s pent-up demand. Still, as summer ends and inflation and interest rate hikes begin to bite,...

GBPCAD: Inflation is still the key to FX movement

The Sterling fell soon after the release of UK inflation data which was largely in line...

Dow Drops After Rally, Here Comes the Fed!

Orbex Group Limited is the holding company of Orbex Global Limited, Orbex Limited is an affiliate with Orbex Global Limited. Orbex Global Limited is...

Global June Flash PMI’s and Market Recovery

Tomorrow’s series of preliminary or flash PMIs are likely to set the tone for market sentiment for the rest of the month. With inflation...

GBP/USD Price Volatile After UK CPI, Bearish Continuation Below 1.2155

The GBP/USD pair maintains a bearish bias as long as it stays under the downtrend line. A new lower low could activate more declines. After...

USD/CAD Price Soaring Towards 1.30 Ahead of Canada’s Inflation Data

Canada’s inflation data set to come out later in the day has investors on the edges of their seats. Canada’s inflation expectations have been rising,...

USD/CHF Price Consolidating Around 0.9650 Ahead of Powell’s Testimony

Investors are sitting on their hands as they wait for Powell’s testimony. Economists believe a 75bps hike by the Fed in the July meeting is...

Heiken Ashi RSI Forex Trading Strategy

“Buy low, sell high!” This is the mantra...

Market Update – June 22 – Stocks rally, USD & Yields hold, Oil & Yen sink

USD holds at highs (USDIndex 104.51), Stocks closed up over 2% (NASDAQ +2.51%) – (1) dead...

Elliott Wave Technical Analysis: S&P 500 Index [Video]

SP 500 Elliott Wave Technical Analysis and Trading Strategies: SP 500 (SPY), NASDAQ 100 NDX, QQQ ETF, Russell 2000 RUT IWM ETF.Market Summary Today:...

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