Asia FX ticks down amid Fed independence worries; Aussie firm after hot CPI

Asia FX ticks down amid Fed independence worries; Aussie firm after hot CPI
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Asia FX ticks down amid Fed independence worries; Aussie firm after hot CPI
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On 13 August, we wrote about the S&P 500 (US SPX 500 mini on FXOpen) reaching an all-time high following the release of the CPI report. At that time, we suggested that the price might move towards the upper boundary of the ascending channel (highlighted in blue on the chart). Since then:→ the price has…
The Fed’s less dovish tone may have set the stage on Thursday, but the BOJ’s dovish hold and the BOE’s surprise vote stole the spotlight and fueled volatility among the major assets. The dollar surged, gold sank to a six-day low, oil slid on demand worries, and Bitcoin retreated as traders grappled with central bank…
Gold looks to hang onto the $4k level as the government shutdown continues. With the greenback rising to fresh highs, will the progression continue into the new month? TimestampsXAUUSD 00:25DXY 01:45 Test your trading strategy on forex and stocks with Orbex OPEN LIVE ACCOUNT …
In 2025, investors are once again asking a familiar question: why is silver undervalued despite its increasing importance? With global financial markets in flux and commodities being repriced based on new industrial realities, silver remains a curious anomaly. The metal plays a critical role in everything from solar panels to electric vehicles. Yet, despite this…
In forex trading, pip size is one of the most fundamental concepts—but also one of the most misunderstood. Many new traders assume that pip size is constant across all currency pairs. That’s far from the truth. In reality, size varies depending on the currency pair, and this can directly affect your trade outcomes. Understanding the…
Central Bank Interest Rate Decisions Today in the U.K., Norway, Sweden, and Malaysia May 8, 2025 The Bank of England’s base rate was reduced by another 25 basis points to 4.25%. This was the fourth quarter percentage point decline since August 1, 2024. Although the decision matched expectations, it belies the dispersion of opinions on…