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Tag: CFD

EUR/USD Outlook: Dollar Declines as US Jobs Data Looms

Powell was more confident that the Fed would lower interest rates this year. The ECB held rates on Thursday and prepared for the first rate...

USD/JPY Outlook: Yen Soars on BoJ Rate Hike Speculation

Markets are more optimistic that the BoJ will end negative rates in March. Most economists expect the Bank of Japan to end negative interest rates...

USD/CAD Forecast: BoC Deals a Blow to Rate Cut Expectations

Governor Tiff Macklem dimmed expectations that the central bank would soon start cutting rates. The likelihood of a BoC rate cut in April fell to...

Gold Price Soars as Dollar Weakens, Eyes on US Data

The gold price is bullish as long as it stays above the upper median line (uml). Taking out the immediate resistance levels activates further growth. The...

AUD/USD Price Analysis: Chinese News Weigh Down Aussie

China decided to stick with its economic growth target of 5%. There was a significant surge in Australia’s current account surplus in Q4. Markets are eagerly...

GBP/USD Outlook: Bullish Momentum Ahead of Key Data

UK house prices rose for the first time in over a year in February. BoE chief economist Huw Pill said he did not expect rate...

EUR/USD Weekly Forecast: ECB to Cut Rates as Inflation Cools

The annual US PCE figure indicated a gradual decline in inflation. Fed rate-cut bets for June rose above 65%. Inflation data in countries like Germany, France,...

USD/CAD Weekly Forecast: Dollar Resilient Ahead of US NFP

There was a bigger-than-expected build in crude inventories last week. GDP data from Canada showed a bigger-than-expected expansion in the fourth quarter. Market participants will watch...

The Week Ahead – Inflation Continues to Drive the Market – Orbex Forex Trading Blog

Brent crude (UKOIL) punches higher over increased demand Brent crude edges higher as demand looks to elevate prices as we head into 2024. Global...

These 10 Football Clubs Can Ensure Your Firm’s Success

New data reveals that Manchester United has the most in-demand jerseys in the UK, with over 320,000 searches for their shirts in 2023 alone. Their enduring...

The Week Ahead – Sentiment Shifts as the Fed Remains Hawkish – Orbex Forex Trading Blog

The Nasdaq 100 retraces as AI stocks flourish The Nasdaq 100 saw a slide away from record highs as the Fed remains cautious about...

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