Why Copper Prices Could be a Concern for Forex Traders – Orbex Forex Trading Blog

In recent days, the cryptocurrency market has experienced extreme volatility: A→B: Bitcoin surged sharply, partly driven by concerns around the US government shutdown, forming a historic peak above $125k. B→C: Panic selling followed, triggered by Trump’s statements on the possible introduction of 100% tariffs on Chinese goods. Price swings for both moves exceeded 15%. Following…

Banque de France and Euroclear announced Friday that they have launched a joint initiative, Project Pythagore, to tokenise Negotiable European Commercial Paper (NEU CP).  In a press release, Euroclear said the move marked a significant step toward modernising France’s €310 billion short-term debt market through Distributed Ledger Technology (DLT). The project aims to enhance transparency,…

Is EUR/NZD in for a major trend reversal soon? I’m seeing a head and shoulders pattern on the 4-hour chart, with price currently testing the neckline support. Better not miss a potential breakdown if it happens! EUR/NZD 4-hour Forex Chart by TradingView Dovish ECB rhetoric has been dragging the shared currency lower against most of…

As expected, the Bank of England (BOE) kept interest rates on hold at 5.25% in a 7-2 MPC vote this June. In their official statement, the BOE acknowledged that annual inflation fell to 2% in May but also noted that CPI is expected to pick up slightly in the second half of the year. The…