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Tag: forex

More from Fed’s Evans: Need to see inflation coming down

More from retiring Chicago Fed Pres. Charlie Evans:Fed needs to see inflation coming downinflation is much more persistent than the Fed thought it would...

Weekly Market Update: 10 October 2022

The Dollar begins the new week buoyed by a strong labour report as markets look ahead...

GBP/USD Price Turns Bearish Under 1.11 Ahead of Fed, US CPI

The GBP/USD pair is bearish as long as it stays under the immediate downtrend line. A new lower low activates more declines. The US inflation data...

USD/JPY Outlook: Fed Calls for More Rate Hikes to Control Inflation

New York Fed president John Williams calls for more rate hikes to tame inflation. A strong labor market allows the Fed to continue hiking rates...

Trend Reversal Synergy Forex Trading Strategy

Trend reversals, these is the type of market condition where many traders...

Is the Gold Correction Over?

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

Market Update – October 10 – Dollar Remains Bid, Stocks Weighed

USDIndex – Rallied again following strong NFP data...

USD/CNY fix: 7.0992 vs last close 7.1211

In recent trade today, the People’s Bank of China (PBOC) set the yuan (CNY) at 7.0992 vs last close 7.1211. About the fix China maintains strict control of the yuan’s...

Yuan mid-point set at 7.0992, lower than expected

High risk warning: Foreign exchange trading carries a...

Weekend data – China September Services PMI dropped into contraction, first time since May

Caixin Services Purchasing Managers' Index (PMI) for September 2022 came in at 49.3 from 55.0 in AugustChina's economy is struggling under the weight of...

USD/CHF Weekly Forecast: Fed Ready to Do More to Curb Inflation

A significant drop in US job vacancies points to a cooling labor market. The positive US payroll report gives the Fed more room to raise...

GBP/USD Weekly Forecast: Fed to Keep up Hikes amid Upbeat Jobs Data

US jobs data came in higher than expected, showing a still-tight labor market. The unemployment rate in the US fell to 3.5%. Investors are awaiting US...

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