BOC to Hold, But Will It Be Dovish? – Orbex Forex Trading Blog

On Monday, US stock indices showed moderate optimism amid cautious hopes for a 45‑day ceasefire. By the end of the day, the Dow Jones (US30) rose by 0.36%. The S&P 500 (US500) gained 0.44%. The tech‑heavy NASDAQ (US100) closed the session up 0.54%. The Canadian dollar strengthened to 1.39 per US dollar, taking advantage of…

It is said that the failure rate in the forex industry is very high, with more than 95% of aspiring traders expected to drop out of the game within their first few years of trading. At this rate, you might have a better chance of surviving the Hunger Games than becoming a successful forex trader! In his book One Good…

MUFG’s Senior Currency Analyst Lee Hardman highlights that strong Chinese trade data and a firmer PBoC daily fix are supporting the Chinese Yuan. Exports have surprised to the upside despite US tariffs, while reduced tariff risks had encouraged policymakers to allow CNY appreciation versus the US Dollar before the Middle East conflict. However, potential energy…

Throughout human history, great societies have constructed their wealth upon golden foundations — from Roman vaults and imperial Chinese treasuries to Spanish vessels during the golden age of exploration. In our modern era, gold transcends mere ornaments or ingots; it represents global power dynamics, international reserve banking, and a stabilizing force against currency uncertainty. Within…

You can be highly motivated to trade, have abundant capital, and have a dummy-proof trading system, but you can still encounter losses if you fail to concentrate. Even had a hard time working in a crowded Starbucks or studying in a noisy library? It’s easy to concentrate when we are in a quiet room or…

Elior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing…